DO YOU WANT TO HAVE A DUBAI GOLDEN VISA?
The UAE’s Golden Visa is a long-term residence visa that allows foreign talents to live, work, or study in the UAE while enjoying exclusive benefits.
The Dubai Golden Visa
UAE offers long term residency to expats through the UAE Golden Visa program. Individuals in the UAE who have the Dubai Golden Visa can avail long term residency in the Emirate for up to 10 years. Holders of the Golden Visa in Dubai can stay, work, study or run their business in Dubai without the need of a local Emirati sponsor, retain 100% ownership of their business and acquire a multi-entry permit to the UAE. These are just some of the benefits that come along with a Golden Visa in Dubai. First Offshore offers reliable golden visa services to ensure your stay in the UAE is profitable and hassle-free.
Key features of the UAE Golden Visa include:
A renewable residence visa valid for 10 years
The advantage of not requiring a sponsor.
The ability to remain outside the UAE for more than the standard six months without affecting visa validity.
The option to sponsor family members, including spouses and children of any age.
The ability to sponsor an unlimited number of domestic helpers.
Continued residency rights for family members until the end of their permit duration in the event of the primary holder's passing.
10 YEARS GOLDEN VISA IN UAE
( Managerial, Directors and Executive Positions )
Requirements
To qualify for the 10-year UAE Golden Visa in 2024, professionals must meet a minimum monthly basic salary of AED 30,000 (approximately USD 8,200). This amount does not include any additional allowances, such as housing, transportation, or other benefits. Therefore, even if the total compensation package exceeds AED 30,000, applicants may still be ineligible if their basic salary falls below the threshold.
This revised requirement is part of the UAE’s strategy to attract highly skilled professionals who meet the specified income criteria for long-term residency.
For professionals seeking the UAE Golden Visa, the following documents are required for the application:
DOCUMENTS REQUIRED FOR AN INDIVIDUAL
Attested Degree Certificate
A copy of the applicant's Bachelor's degree or higher, along with the university degree equivalency, attested by both the UAE Embassy in the home country and the Ministry of Foreign Affairs in Dubai.
Salary Certificate
A certificate from the employer confirming that the applicant earns a minimum of AED 30,000 per month as basic salary. This certificate must be issued by Freezone Authority.
Labour Contract
The labour contract must align with the salary and profession listed in the salary certificate. This is for Private Sector Companies.
Bank Statements
Bank statements for the past 6 months showing the applicant’s monthly salary deposits. The salary must be clearly visible in the statements and should not be withdrawn immediately after being deposited. If the salary is transferred to a different account, a second bank statement showing the same salary deposit must also be provided.
Company NOC Letter
Profession should be the same on Residence Visa and Labor Contract or Salary Certificate.
Passport and Visa Copy
A copy of the applicant's valid passport and visa
Dubai Visa
A valid Dubai visa is required for the application process.
Studio Photograph
A recent studio photograph of the applicant.
10 YEARS INVESTMENT IN BANK
“Secure a 10-Year UAE Residency with AED 2 Million Bank Deposit for the Dubai Golden Visa”
The UAE Golden Visa program continues to evolve, with the AED 2 million bank deposit scheme emerging as a prominent and appealing option for long-term residency. While real estate investments will always hold value, the simplicity, transparency, and favorable returns offered by the bank deposit route present an increasingly attractive alternative. This avenue is particularly well-suited for freelancers, retirees, or anyone seeking a stable and potentially profitable way to secure residency in the UAE.
As the global market continues to evolve and the UAE solidifies its position as a thriving business hub, opportunities like this will likely grow in value over time.
Major financial institutions in the UAE provide specialized programs for foreign nationals. Upon opening the required deposit account, these institutions issue a confirmation letter to their clients, verifying their eligibility for a long-term residency permit.
"Clarifying the Duration of the Deposit Requirement"
For the AED 2 million bank deposit, it is important to know that the funds must remain in the account for a fixed period, typically two years, before they can be withdrawn. However, it is essential to carefully review the specifics outlined in the fixed deposit agreement with the bank, as some institutions may require deposit durations exceeding the two-year period required for the Golden Visa. Investors considering this route for long-term residency should be diligent in checking these details. Banking experts recommend exploring different financial institutions, as fixed deposit terms can vary across banks, ensuring that investors find the best option to meet their needs.
Steps to Obtain a Golden Visa through Investment in UAE Banking Institutions
Open a Bank Account in the UAE
The first step is to establish a bank account with a recognized financial institution in the UAE.
Make a Fixed Deposit
Next, you will need to place the required fixed deposit in your bank account, meeting the minimum investment threshold of AED 2 Million.
Receive a Deposit Confirmation from the Bank
Once the deposit is made, the bank will issue a confirmation letter verifying your eligibility for a long-term residency permit.
Apply for a Residence Visa
With the deposit confirmation in hand, you can then proceed to apply for the UAE residence visa, securing your Golden Visa.
DOCUMENTS REQUIRED
- Applicant’s passport with validity of at least 6 months
- A recent passport-sized, color photograph with white background
- Copy of the health Insurance issued by one of the approved Health Insurance Providers
- If applicant is from Iraq, Iran, Afghanistan and Pakistan, copy of applicant’s home country national identity card is required.
Must provide one of the following
Proof of deposit and investment funds (letter from the bank addressed to Federal Authority for Identity, Citizenship, Customs and Port Security confirming the deposit value)
Proof of capital investment of AED 2 million along with past 6 month's bank statements of personal and corporate accounts.
Golden visa for Real Estate Investors
Here are some key points about Golden Visa for REAL ESTATE INVESTORS
Acquiring a 10-year investor Visa in Dubai offers several advantages, including the following:
Extended Stay outside the UAE
There is no limit on how long you can be outside the UAE to keep your Visa active. With the 10-year investor Visa, you can stay abroad for more than six months without having to return to the UAE within six months, as other Visa holders must.
Safety
You are safe and secure in Dubai. There is hardly any crime. You are free to explore the city after nightfall. Those who violate the law have their visas revoked and are deported.
You can sponsor up to 3 house maids and drivers.
You can sponsor your family for the same 10-year period.
The property owner visa holders (10 years ) and can sponsor their depen- dents (boys & girls) for the same duration as the sponsor’s visa validity as long as they’re not married.
You can also sponsor your parents for a 10-year Visa.
Important Note: All documentation must be provided in English, or with an accompanying English translation.
What are the requirements for a 10 YEAR INVESTOR VISA IN UAE
Property in Dubai worth at least 2 million AED, Multiple properties will be accepted under the applicant’s name.
In case the property purchased through Developer or Bank mortgage, statement of account from developer or Bank NOC to proceed with the Residence visa application.
Person must be inside UAE.
Husband and wife can participate in one property (marriage certificate is required attested from MOFA and legally translated to Arabic).
In case the property joint between Husband & Wife, and the value is less than 4 million, only one person will be eligible to apply for the golden visa then spon- sor the other person (property share must be equal between both parties. In case the shares are not equal, highest share holder will only allow to apply as primary visa holder then sponsor other party (Spouse).
Title deeds owners can apply for Golden residence visa application if the market value exceeds 2 million (official evaluation certificate is mandatory).
Title deed jointly between partner is acceptable (applicant share should be minimum of 2 million).
The applicant’s name in the title deed must be matching with the name in the passport.
DOCUMENTS REQUIRED
To apply for a long-term resident Visa in the UAE, you must first acquire the following documents:
- When a title deed is issued for property in Dubai, the property value stated in the title deed must be at least 2 million AED (other emirates & DIFCA are not accepted).
- A clear passport copy (Passport valid more than 6 months).
- Old Emirates ID (If applicable).
- A high-quality applicant digital photo that matches the ICP specifications