The Golden visa is a long-term residence visa for the UAE that allows eligible individuals to live, work, or study in the UAE without a sponsor. The visa duration can be 5 or 10 years, depending on the category of the applicant. Here are some of the requirements for the Golden visa:
- Investors in public investments: They need to have a deposit of AED two million in an investment fund accredited in the UAE, or a valid commercial or industrial licence with a capital of not less than AED two million. They also need to pay the government a minimum VAT of 2,50,000 annually and have medical insurance for themselves and their family.
- Real estate investors: They need to own a property or a group of properties worth at least AED two million, and the property must be fully paid for and not subject to any mortgage. They also need to retain the property for at least three years and have medical insurance for themselves and their family.
- Managers: Managers who meet the minimum salary requirement of 30,000 AED are also qualified for Golden Visa in the UAE.
- Entrepreneurs: They need to have an existing project with a minimum capital of AED 500,000, or have the approval of an accredited business incubator in the UAE. They also need to have medical insurance for themselves and their family.
- Doctors, specialists, and scientists: They need to have a valid employment contract in a specialised field of priority in the UAE, and have a valid work visa. They also need to have a PhD degree, or a specialised degree, or a certificate of appreciation in their field of work. They also need to have medical insurance for themselves and their family.
- Inventors: They need to have a patent of value, which adds to the UAE’s economy, and have the approval of the Ministry of Economy. They also need to have medical insurance for themselves and their family.
- Creative talents: They need to be pioneers in the fields of culture, art, and innovation, and have a membership in an accredited organisation in their field. They also need to have medical insurance for themselves and their family.
- Outstanding students and graduates: They need to have a minimum grade of 95% in public and private secondary schools, or a minimum GPA of 3.75 upon graduation from universities within and outside the UAE. They also need to have medical insurance for themselves and their family.