The Dubai economy is open to everyone who can contribute to it in some way or other, which is made possible through a Golden Visa. Golden Visa is a special type of visa given to individuals who meet the requirements, and it allows them up to ten years of residency in the Emirate. Not only residency but the holder of a Golden Visa can move around and work freely in Dubai.
The UAE Golden Visa rules have brought several relaxations which has made it even easier to get this truly Golden Visa.
The following are some of the perks of getting a Golden Visa:
With all these advantages, a Golden Visa in Dubai remains one of the most popular visa options among immigrants to Dubai. It was first started by the government with the aim of attracting and retaining talented minds. Already, thousands of investors, entrepreneurs, talented professionals, and students have found their way to Dubai through a Golden Visa.
Several factors have to be considered while getting a Golden Visa, including the following:
There are a few other caveats as well, including the nationality of the individual, and the banker may also require more information. If you are an expat, just get in touch with First Step Group for this assistance.
If you are interested in a Golden Visa, it is sensible to check your Golden Visa eligibility. The visa is currently available in the following categories:
Entrepreneurs
The UAE government's primary aim for giving Golden Visas was to boost the national economy, and entrepreneurs are engines of the economy. Thus, entrepreneurs are eligible for a Golden Visa in Dubai as long as they show a willingness to set up their business in Dubai or have intentions to expand their business in the Emirates.
Investors
Investors from other countries can easily get a Dubai Golden Visa if they are minted to start commercial operations in the Emirates or are willing to make investments in real estate or UAE banks.
Exceptionally Talented individuals
Foreigners have exhibited outstanding talents in specific fields such as research, certain arts, science, medicine, etc. and have proven themselves to be experts in their respective fields. You can also get a Golden Visa in Dubai.
Academically Gifted Students
Ambitious and promising students are also eligible for the Dubai Golden Visa as long as they have shown consistent academic performance and have proven that they are significantly gifted.
If you fit one of these categories, you need to check further requirements for Golden Visa eligibility. First Step Group can assist you in getting a fuller idea of your eligibility or what you can do to become eligible.
The following is a brief survey of requirements for Golden Visa eligibility for different categories:
Highly Qualified Individuals
To meet the requirements of this category, you must meet at least one of the following conditions:
If you think you are eligible for a nomination for a Dubai Golden Visa from a local agency, First Step Group can help you apply for this nomination.
Entrepreneurs
The requirement criteria under UAE Golden Visa new rules for this category is for directors, CEOs, and Executives who have received a minimum salary of AED 30,000 and have payslips for the past 6 months as a proof.
Doctors, researchers, and specialists
The applicants in these categories need to fulfill at least two of the following conditions to be eligible for a Golden Visa in Dubai:
Students
For Golden Visa eligibility, a student should be under the age of twenty-five years, have a minimum GPA of 4.8, and hold a bachelor's degree.
The following are some of the chief changes made through the UAE Golden Visa new rules:
The following are the documents required for getting a Golden Visa in Dubai:
The process of Golden Visa application is rather simple - you can fill out the form online or through the UAE embassy. Your best option, though, is to get in touch with First Step Group. We shall help you fill out the form and ensure that you have the necessary documentation and meet the requirements.
Once the application is complete, the Golden Visa application can take from two to three months.
Application of Nomination
If you wish to have a nomination for a Dubai Golden Visa from an agency of UAE such as EDE, First Step Group can make the application on your behalf.