Our Golden Visa Service
The UAE Golden Visa initiative, introduced in 2019, aims to allure and retain professionals, investors, entrepreneurs, and exceptional students globally. Our team will support you in navigating the golden visa application process smoothly, enabling you to reap its advantages, such as long-term residency, full company ownership in the mainland, and the ability to reside, work, and pursue education in the UAE.
Book a Free Consultation
To Start Your Business
The standard application processing time may take 2 to 4 weeks, subject to additional requirements
Client assessment:
Our team will assess your profile and eligibility for the Visa programs and walk you through the complete process and all the requirements involved.
Documentation:
We will assist you in collecting, preparing and submitting the required documents, such as the following:
Standard requirements
- Copies of your passport, visa and EID card copy
- UAE labour contract
- Salary certificate/income confirmation letter
- Education certificate fully attested and legalised by the UAE Ministry of Foreign Affairs
- 6 months of personal bank statements
- Title deed, if you own property in the UAE
- Reference letter from your employer or a person of influence regarding your contribution to your industry or the UAE economy
- Copy of your CV or LinkedIn profile
- Published articles and write-ups about you, your business or your contribution to the UAE economy
Existing UAE residents on a non-Dubai visa
- AED 2 million fixed deposit for 2 years; non-breakable in a local bank; bank confirmation letter is required
- If the deposit is withdrawn/encashed, the visa will no longer be available
- (risk of auto cancellation confirmed by immigration).
Current residents in the UAE holding a Dubai visa (including company owners/investors)
- Bank statements showing approximately AED 2 to 3 million worth of movement/cash in bank accounts
- All corporate document copies (licence, share certificate, etc.
- If you hold the position of CEO, you must have been in this position for more than 3 years
- If you are a company executive, you must have been in this position for more than 5 years.
- Office lease or Ejari
- Audited financial statements
- Audit firm’s licence copy
Golden Visa UAE: Everything You Need to Know
Imagine kickstarting the business of your dreams in a luxurious foreign city with yearlong sunshine and beautiful beaches.
Sound good?
Imagine if that foreign city didn’t make you pay tax.
Even better!
Want to know the best part? You don’t have to imagine. That’s what’s on offer in the United Arab Emirates. The only catch is that to stay in the country long-term you’ll need a UAE Golden Visa.
What’s a Golden Visa in the UAE?
We’ve prepared this guide to answer all your questions about the United Arab Emirate’s prestigious Golden Visa. Read on to find out how you could live the dream in reality.
UAE GOLDEN VISA?
At PROACTIVE ZONE, we provide the Dubai Golden Visa service, granting extended residency to investors, entrepreneurs, and individuals with exceptional skills, there by enabling their active participation in Dubai’s position as a worldwide center for talent and investment.
What Is the Golden Visa in the UAE?
Unlike many international visa programs, the UAE’s unique Golden Visa offers eligible individuals permanent residency with a 10-year visa, along with privileges uncommon in typical residence visa programs. Launched in 2019 to attract foreign talent and foster business growth, it has attracted 44,000 Dubai residents by late 2021. This initiative has bolstered the UAE’s global appeal as an attractive place to live, work, and establish new businesses. Targeting entrepreneurs, investors, and skilled professionals, including medical staff and researchers, the Golden Visa Residency is valid for ten years, with provisions for automatic renewal, streamlining the visa application process.
Benefits of a UAE Golden Visa
You Don’t Need a Local Sponsor
You Can Own 100% of Your Business
You Can Add Other People to Your Visa
You Can Travel Freely to and from the UAE
What is the requirement to get Golden visa?
The Golden Visa offers long-term residency (10 years) to people with a salary of over AED 30,000 per month, an investment of AED 2 million or above, or own off-plan property valued at AED 2 million and above.
Advantages for holders of the Golden Visa across various Emirates
Golden Visa programs in different Emirates offer a variety of benefits to you and your family members across various sectors. When looking to apply for citizenship its important to consider all visa options.
Dubai
In Dubai, Golden Visa holders may receive an Esaad privilege card based on their category, provided at no cost. Additionally, foreign residents holding a Golden Visa and a driving license from another country can undergo the UAE driver’s license test without requiring UAE-specific lessons. Those with licenses from 32 approved countries are automatically eligible for a UAE driver’s license. Exceptional foreign students and their families may obtain a 10-year residency visa, with expatriate students potentially receiving discounts at international universities in Dubai.
Abu Dhabi
- In Abu Dhabi, residents with golden visas are entitled to numerous offers and discounts on real estate, health, hospitality, cars, insurances, and banking services. This is due to the partnerships the Resident’s Office has across these industries.
- Due to the Abu Dhabi Resident’s Office commercial partnerships, holders of the Golden Visa in Abu Dhabi will be entitled to discounts on selected properties from real estate developer, Imkan Properties.
- Numerous Banks, including Abu Dhabi Commercial Bank and First Abu Dhabi Bank, are offering Golden Visa investors in real estate a reduction on mortgage fixed-interest rates. They are also offering non-real estate investors attractive interest rates on savings accounts.
- Golden Visa holders in Abu Dhabi will get special deals on Gymnasiums, spas and stays at selected hospitality
- Golden Visa holders will be eligible for discounts on cars and will receive priority booking for new releases, as well as special payment facilities, maintenance offers and licensing services.
- Another major benefit offered to Golden Visa holders in Abu Dhabi will be entitlement to reduced premiums on annual health insurance packages for families and individuals.
Am I Eligible for a UAE Golden Visa?
The UAE government recently expanded its eligibility criteria for the Golden Visa, making the program even more accessible to all kinds of people around the world.
However, it’s worth noting that the goal of the Golden Visa program is to foster business development. The UAE government is seeking people of a particular calibre to boost the economy and build a skilled workforce. As such, the criteria for the Golden Visa is still highly specific.
If you do not fall into any of the specified categories or you cannot meet the specified conditions for your particular category, it’s unlikely your Golden Visa application will be approved.
The following are the major groups eligible to apply for residency in the UAE under the Golden Visa program:
- Investors
- Owners of specialised talents and researchers in various fields of science and knowledge
- High-level executives
- Athletes
- Specialists in the fields of engineering and science
- Creative people and people of culture and art
- Inventors
- Outstanding students with promising scientific abilities
Individuals applying for the Golden Visa under each of those categories will have to meet different conditions and criteria to be successful. The next section will discuss some of these requirements.
Applying for a Golden Visa in UAE
Add a littThe process for applying for a Golden Visa in the UAE varies depending on your profession and the category under which you are applying. Specific requirements for each professional category will be discussed in the following section. However, the general steps to apply for a UAE Golden Visa are as follows:
- Determine the category under which you wish to apply and gather the necessary application form and documentation.
- Submit the required documentation and pay the applicable fees.
- Await communication regarding the status of your application, which may take up to 30 days.
- If your application is approved and you currently hold a UAE visa, cancel it.
- Submit your Golden Visa application along with your passport, and your new visa will be affixed to your passport once processed.
Who Can Apply for a UAE Golden Visa?
How do you know if you can apply for a UAE Golden Visa? In this section, we’ll take a look at the various requirements individuals from each professional category will need to meet to obtain one.
Investor in an investment fund (commercial investor)
Investor in an investment fund (deposit)
Investor in an investment fund (tax return investor)
- Doctors
- Scientist
- Creative people and people of culture and art
- Inventors
- High-level Executives (General Manager – Executive Director – Chairman of the Board of Directors)
- Athletes
- Specialists in the fields of engineering and science
- Outstanding students with promising scientific abilities (graduates of 2019 – 2020 and above)
- A university graduate with a GPA of 3.8 or above from within the approved state universities only (Bachelor’s) (Master’s)
Begin your journey with a Golden Visa in the UAE.
Keen to enjoy the UAE’s perpetual sunshine, opulent lifestyle, and profitable business prospects? Consider the Golden Visa, offering a 10-year residency.
If you believe you qualify, seize the opportunity now. Contact our Dubai-based company formation experts to learn how simple it is to secure a Golden Visa and set up your business in the UAE using our Virtuzone process.
