Golden Visa benefits have made the UAE a top destination for those seeking long-term residency with exceptional advantages. This prestigious visa offers a wealth of opportunities for investors, entrepreneurs, skilled professionals, and exceptional talents, granting up to 10 years of residency.
With perks such as access to world-class healthcare and education, as well as business opportunities, the UAE Golden Visa provides a solid foundation for both personal and professional growth. If you are wondering how to get all those golden visa benefits, Here you will find the answer.
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Top 20 Golden Visa Benefits in the UAE UAE Golden Visa Requirements How many countries can travel with a UAE Golden Visa? What is the cost of a Golden Visa? How can Business Link help you to get a Golden Visa? |
Top 20 Golden Visa Benefits in the UAE
Ever wondered about the benefits of the Golden Visa and how obtaining it could change your life? The Golden Visa opens the door to a secure and prosperous life, providing opportunities many have only dreamed of. Here are some benefits that can change your life:
1- 10 years Residency
The UAE Golden Visa offers residency for up to 10 years, far surpassing the duration of standard visa options. This extended period provides a strong foundation for both personal and professional growth, essential for establishing lasting connections in the UAE. It unlocks numerous opportunities for career advancement and business expansion that are often out of reach with shorter visa durations.
Additionally, this extended residency enables individuals and their families to immerse themselves more fully in the UAE’s community and cultural life. By cultivating a deeper sense of belonging and enhancing their understanding of local customs and traditions, the Golden Visa significantly enriches the living experience in the country, making it an appealing choice for prospective residents.
2- No need for a local sponsor
One of the key advantages of the UAE Golden Visa is that it eliminates the need for a local sponsor, distinguishing it from many other visa types in the country. This independence is especially beneficial for entrepreneurs and investors, as it provides them with complete control over their business operations without the typical requirement for a local partnership. This autonomy greatly simplifies the process of starting and managing businesses, offering entrepreneurs and investors the flexibility and ease needed to thrive in the UAE’s dynamic business environment.
3- No residency needed to maintain the visa
Unlike all the other visa types such as work visa or visit visa in the UAE, the golden visa holders don’t need a specific period to stay inside the UAE to keep their golden visa. This unforgettable benefit gives visa holders a great opportunity for flexible move inside and outside the country. This is particularly advantageous for international entrepreneurs and investors who travel frequently and manage operations in multiple countries. As a result, the Golden Visa enhances global mobility while enabling holders to maintain their ties and benefits in the UAE, including seamless access to its vibrant business ecosystem, all without the obligation of permanent residency.
4-UAE Golden visa benefits for Family
The UAE Golden Visa provides holders with the invaluable opportunity to sponsor their families, which includes spouses and children. This feature ensures that families can live together in the UAE, fostering a sense of stability and unity. Children benefit from a nurturing environment that is conducive to their growth and development, allowing them to integrate seamlessly into the local community. The ability to live as a family unit in a vibrant, multicultural society promotes emotional well-being and enhances family bonds, making the UAE an ideal place for nurturing the next generation.
5- Tax-Free Income
One of the most compelling reasons to consider the UAE as a destination is its tax-free income policy for individuals. This benefit makes the UAE an attractive location for expatriates and investors looking to minimize their tax liabilities. With no income tax imposed on personal earnings, individuals can retain more of their income, allowing for greater savings and investment potential. This financial advantage attracts high-net-worth individuals, entrepreneurs, and professionals from around the world, further enhancing the UAE’s status as a global business hub.
6- Enhanced Credibility
Holding a Golden Visa significantly boosts an individual’s credibility and reputation in the business world. This prestigious status signals a strong commitment to the UAE, portraying the holder as a serious investor or entrepreneur. The Golden Visa often opens doors to networking opportunities and partnerships, as it is recognized by local businesses and government entities. This enhanced credibility not only strengthens the holder’s position in the marketplace but also fosters trust among clients and collaborators, essential for long-term business success.
7– Access to Business Opportunities
Golden Visa holders enjoy unparalleled access to the UAE’s thriving business ecosystem, characterized by its tax advantages and supportive regulatory framework. This ecosystem is designed to facilitate entrepreneurship and investment, offering a wealth of opportunities across various sectors, including technology, finance, real estate, and tourism. The ease of doing business in the UAE, coupled with the Golden Visa’s provisions, empowers holders to explore new ventures, expand their existing businesses, and connect with local and international markets, driving their professional growth.
8– Educational Benefits
Golden Visa holders can take advantage of the UAE’s world-class educational institutions, which offer a broad array of programs and courses tailored to various age groups and interests. Many schools and universities in the UAE follow internationally recognized curricula, providing high-quality education that prepares students for global opportunities. This access to superior educational resources ensures that children of Golden Visa holders receive a robust academic foundation, fostering their intellectual and personal development in a competitive environment.
9- Healthcare Access
The UAE is renowned for its high-quality healthcare services, and Golden Visa holders are entitled to utilize these benefits for themselves and their families. The healthcare system is equipped with state-of-the-art facilities and highly qualified medical professionals, offering a wide range of services, from routine check-ups to specialized treatments. This access to comprehensive health care ensures that families can maintain their health and well-being in a secure and supportive environment, contributing to a higher quality of life.
10- Real Estate Ownership
Golden Visa holders have the unique opportunity to purchase property in designated areas of the UAE, thereby diversifying their investment portfolios. This benefit allows them to take advantage of the UAE’s booming real estate market, characterized by high demand and robust growth potential. Owning property not only provides a tangible asset but also enhances the holder’s connection to the UAE, as they establish roots in the community and participate in its vibrant lifestyle.
11– Enhanced Credibility
Holding a Golden Visa significantly boosts an individual’s credibility and reputation in the business landscape. This esteemed status serves as a testament to the holder’s commitment to investing in the UAE, reflecting their intention to contribute positively to the economy. The recognition associated with the Golden Visa can facilitate partnerships, improve business negotiations, and increase trust among stakeholders, positioning the holder favorably in competitive markets.
15– Investment Opportunities
The Golden Visa provides holders with diverse investment opportunities across various sectors, including real estate, startups, and established businesses. This flexibility enables them to capitalize on the UAE’s rapid economic growth and favorable business environment. With the ability to invest without the restrictions typically associated with other visa types, Golden Visa holders can strategically position themselves to benefit from emerging market trends and innovative ventures, enhancing their overall wealth and influence.
16– Tax Benefits
The UAE’s tax-free income policy is a significant draw for Golden Visa holders, allowing them to retain more of their earnings. Furthermore, certain areas, like free zones, offer zero tax rates for small and startup companies, providing entrepreneurs with an exceptional opportunity to launch and grow their businesses with minimal financial burden. This favorable tax environment empowers Golden Visa holders to reinvest their profits, fueling further economic activity and personal growth.
17– Cultural Integration
Golden Visa holders have the chance to immerse themselves in the rich culture and traditions of the UAE, fostering a deep sense of belonging within the community. This cultural integration enhances their living experience and promotes mutual understanding between expatriates and locals. Engaging in local customs, festivals, and community events allows Golden Visa holders to build meaningful relationships and contribute positively to the cultural tapestry of the UAE.
18– Security and Stability
The UAE is widely recognized for its political stability and safety, creating a secure environment for Golden Visa holders and their families. This stability not only enhances their sense of security but also fosters a conducive atmosphere for personal and professional growth. The Golden Visa simplifies travel in and out of the UAE, ensuring that holders can move freely without complicated procedures, making it easier for them to maintain international business connections while enjoying the safety of their residence.
19– Networking Opportunities
Being part of the UAE’s diverse expatriate community provides Golden Visa holders with valuable networking opportunities across various industries. This multicultural environment encourages collaboration and knowledge sharing, allowing individuals to form strategic partnerships and alliances that can lead to business growth. Networking events, conferences, and social gatherings provide additional avenues for Golden Visa holders to connect with like-minded professionals and expand their horizons in the global marketplace.
20– Freedom to Start a Business
Golden Visa holders can freely establish and operate businesses in the UAE, enjoying the benefits of a favorable regulatory environment that promotes entrepreneurship. The ease of doing business in the region, along with the availability of zero-tax zones, empowers holders to launch their ventures with minimal financial constraints. Additionally, Golden Visa holders can work in the UAE without requiring a separate work visa, offering them increased employment flexibility and the ability to explore various career opportunities while managing their businesses.
UAE Golden Visa Requirements
The UAE Golden Visa is designed to attract and retain exceptional talent and investors, offering long-term residency for those who meet specific criteria. Below are the key requirements for obtaining the UAE Golden Visa, categorized by the type of applicant:
1. Investors in Public Investments
- Must have at least AED 10 million worth of public investments, either in an investment fund or as a company owner.
- The amount invested should not be loaned and must be retained for at least three years.
- Financial solvency up to AED 10 million is required.
- The investment must be wholly owned by the investor and not derived from a loan.
2. Real Estate Investors
- A minimum investment in real state of AED 2 million in real estate is required.
- The property should be held for at least three years.
- The investment must not be financed through a loan.
3. Entrepreneurs
- Must own an existing project valued at a minimum of AED 500,000 or have approval for a startup from a recognized UAE-based incubator.
- Entrepreneurs should also obtain a recommendation from an accredited business incubator in the UAE.
4. Exceptional Talents
- Individuals with exceptional talent in fields such as art, culture, sports, and digital technology.
- Talent must be acknowledged and validated by the relevant UAE government department.
- No specific educational qualifications, employment status, or financial background is required, as the visa is based purely on talent.
5. Doctors and Medical Professionals
- Doctors and specialists must be licensed in the UAE and meet qualifications in a field recognized as being of priority by the UAE.
- They should have at least 10 years of practical experience in their field.
- Medical professionals must have contributions to scientific research or development in their area of expertise.
6. Scientists and Researchers
- Must be recommended by the Emirates Scientists Council or hold a prestigious Mohammed Bin Rashid Medal for Scientific Excellence.
- A PhD or Master’s degree in life sciences, engineering, technology, or natural sciences from top universities is required.
- Proven contributions to research and advancement in a relevant field.
7. Outstanding Students and Graduates
- High school students should be among the top achievers in UAE-approved schools with a minimum grade of 95%.
- University graduates (both from UAE and globally) need a GPA of 3.8 or higher.
- The institution must be accredited and recognized by the UAE Ministry of Education.
8. Specialized Workers
- Highly skilled professionals in various industries such as engineering, education, information technology, and law.
- Must hold a degree in a specialized field and demonstrate at least five years of experience in that industry.
- A salary of at least AED 30,000 per month is required, along with a valid UAE employment contract.
9. Humanitarian Pioneers
- Recognized pioneers in humanitarian work who have received awards for their contributions.
- Must have been engaged in philanthropic work that positively impacts society at a regional or global level.
10. Frontline Heroes
- Individuals who played a crucial role in the COVID-19 pandemic response, such as nurses, doctors, paramedics, and other medical frontline workers.
- Recommendations from relevant health authorities or government departments are necessary.
These requirements vary based on the type of applicant, and meeting the specific conditions is essential for a getting the golden visa benefits.
How many countries can travel with a UAE Golden Visa?
The UAE Golden Visa itself does not directly grant visa-free travel to other countries, but it can offer advantages in obtaining visas or residency in certain countries due to the holder’s residency status in the UAE. Currently, visa-free or visa-on-arrival access to specific countries is dependent on the individual’s national passport, rather than the UAE Golden Visa.
However, holding a UAE Golden Visa may improve the ease of obtaining visas for business travel or tourism to other countries, as many nations recognize the UAE as a stable and prestigious location for residence. Some benefits may also include faster processing times or preferential visa terms in certain countries, especially for investors, entrepreneurs, or high-net-worth individuals.
What is the cost of a Golden Visa?
The cost of getting UAE Golden Visa benefits varies based on the type of visa and the category under which the applicant is applying. Fees also depend on whether the applicant is applying from inside or outside the UAE. Here’s a general breakdown of the costs:
1. 5-Year Golden Visa
- For investors, entrepreneurs, or property investors, the cost typically ranges from AED 2,800 to AED 3,800 for applicants inside the UAE.
- For applicants outside the UAE, the cost ranges from AED 3,800 to AED 4,800.
2. 10-Year Golden Visa
- For investors and specialized talents, the visa costs between AED 4,000 and AED 5,500 for applicants inside the UAE.
- For applicants outside the UAE, it ranges from AED 5,000 to AED 6,000.
3. Additional Costs
- Medical tests: Around AED 320 to AED 750, depending on the medical facility and the type of tests.
- Emirates ID fee: Typically around AED 1,000 for a 10-year ID.
- Visa application and processing fees: These can vary depending on whether you’re applying through government portals or a service provider.
These prices are approximate and can vary based on specific circumstances and changes in UAE immigration policies. Always consult official government portals or authorized service providers for the most accurate and up-to-date information.
How can Business Link help you to get a Golden Visa?
Golden Visa benefits are made easily accessible with Business Link‘s expert services. Business link’s exeperts simplify the entire process by offering personalized consultation, helping you choose the most suitable visa category, and ensuring that all documentation is properly prepared and submitted. With fast-track processing and assistance for necessary steps like medical tests and Emirates ID applications, Business Link also provides ongoing support after visa approval, including family sponsorship and business setup. This allows you to confidently enjoy the full range of Golden Visa benefits and long-term residency in the UAE.
