Conditions for Golden Residency in UAE

The United Arab Emirates has emerged as a popular choice for individuals looking to establish their presence in the Middle East. The golden residency program is one of the initiatives that intends to bring talented individuals to the UAE by providing them with long-term residency options.

The golden residency program is a special residency program designed for investors, entrepreneurs, professionals, and outstanding students who wish to live and work in the UAE for an extended period. Under this program, individuals who meet the eligibility criteria are granted a long-term residency visa, which can be renewed every 5 or 10 years, depending on the type of investment made.

Who are eligible for a Golden Visa?

Investors:

Individuals who invest at least AED 10 million in a business in the UAE are eligible for a golden residency visa. The investment must be made in a company that is registered and licensed in the UAE, and the investment must not be a loan or financing arrangement.

Entrepreneurs:

Individuals who establish a new business in the UAE and meet certain requirements are eligible for a golden residency visa. The business must have a minimum capital of AED 500,000, and the entrepreneur must have obtained approval from the relevant authorities to establish the business.

Professionals:

Professionals who have achieved certain academic or professional qualifications are eligible for a golden residency visa. This includes individuals who hold a PhD degree from a recognized university, as well as specialists in science, medicine, and engineering.

Outstanding students:

Exceptional students who have achieved outstanding academic performance and have demonstrated exceptional talent in the fields of science, art, or culture are eligible for a golden residency visa. This includes students who have won international awards or have been recognized by international organizations.

What are the benefits of a Golden visa in UAE?

The golden residency program offers several benefits for individuals who are granted a long-term residency visa, including:

Long-term residency:

Individuals who are granted a golden residency visa are allowed to live and work in the UAE for an extended period, without the need to renew their visa every few years.

Access to healthcare and education:

Golden residency holders are entitled to access to healthcare and education services in the UAE, including public schools and universities.

Business opportunities:

The golden residency program provides opportunities for investors and entrepreneurs to establish and grow their businesses in the UAE, with access to a large and growing market.

Family sponsorship:

Golden residency holders can sponsor their immediate family members for long-term residency in the UAE, providing an opportunity for families to live and work together in the country.

Eligibility Criteria for Golden Residency

Before discussing the investment requirements for obtaining a golden residency in the UAE, it is important to understand the eligibility criteria. The golden residency program is open to investors, entrepreneurs, professionals, and outstanding students who wish to live and work in the UAE for an extended period. Eligibility is based on investment, entrepreneurship, academic or professional qualifications, and exceptional talent.

Investment Requirements for Golden Residency

To obtain a golden residency in the UAE, individuals must make a specific type and amount of investment in the country. The investment requirements vary depending on the category of eligibility, as follows:

Investors: Individuals who wish to obtain a golden residency visa through investment must invest at least AED 10 million in any of the following categories:
Establishing a company in the UAE
Investing in an existing company in the UAE
Investing in a project in the UAE
Depositing funds in a UAE bank or investment fund

Entrepreneurs: Individuals who wish to obtain a golden residency visa through entrepreneurship must establish a new business in the UAE with a minimum capital of AED 500,000. The entrepreneur must obtain approval from the relevant authorities to establish the business and must meet certain other criteria, such as having a business plan and a clear strategy for growth.

Real Estate Investors: Individuals who wish to obtain a golden residency visa by investing in real estate in the UAE must invest at least AED 5 million in property. The property must be held for at least three years, and the investment must not be financed by a loan or other financing arrangement.

Stocks and Bonds Investors: Individuals who wish to obtain a golden residency visa by investing in stocks or bonds in the UAE must invest at least AED 10 million in either category. The investment must be held for at least three years.

Benefits of Golden Residency in the UAE

The golden residency program in the UAE offers several benefits to individuals who are granted a long-term residency visa, including:

Long-term residency in the UAE
Access to healthcare and education services
Business opportunities in the UAE
Ability to sponsor immediate family members for long-term residency in the UAE

How to apply for a golden visa in UAE?

M.A Middle East Legal Consultancy is a leading legal consultancy firm in the UAE that specializes in providing legal services to investors, entrepreneurs, professionals, and outstanding students seeking to obtain a golden residency in the UAE. Our team of experienced lawyers and legal experts has a deep understanding of the golden residency program and can provide you with the guidance and support you need to successfully obtain a long-term residency visa in the UAE.

We understand that the golden residency program can be complex and confusing, which is why we offer a range of services to help you navigate the process. Our services include:

Providing you with detailed information on the eligibility criteria and investment requirements for obtaining a golden residency in the UAE
Helping you to identify the best investment options for your specific needs and preferences
Assisting you in preparing and submitting your application for a golden residency visa
Representing you in all legal matters related to the golden residency program, including appeals and renewals