UAE Golden Visa: Eligibility Criteria, Conditions, and Benefits
Golden Visa Overview
The Golden Visa is a long-term residence visa in the United Arab Emirates (UAE). It provides foreign talents with the opportunity to live, work, or study in the UAE while enjoying exclusive benefits.
Eligibility Criteria
To obtain a Golden Visa, applicants must meet certain criteria, including: * Being a highly skilled professional in specified fields, such as science, technology, engineering, medicine, and education. * Having an employment contract with a UAE-based company with a minimum salary of AED 50,000 per month. * For entrepreneurs, possessing a project or business with a minimum investment of AED 1 million.
Conditions
The Golden Visa is granted for 10 years, renewable for the same duration. Holders of the visa must maintain their eligibility criteria throughout the residency period. This includes continuing employment with the same or a different company that meets the salary requirements. Entrepreneurs must also maintain their investments and business activities in the UAE.
Benefits
Golden Visa holders enjoy several exclusive benefits, including: * 10-year residency with no need for a sponsor. * The ability to live, work, and study in the UAE. * No income tax. * The ability to bring dependents (spouse and children) to live in the UAE. * Access to quality healthcare, education, and other facilities.
Application Process
Applications for the Golden Visa are submitted through the UAE Ministry of Human Resources and Emiratisation (MOHRE) or the Federal Authority for Identity and Citizenship (ICA). The application fee is Dhs1,250. If approved, the visa can be issued within 90 days.
Conclusion
The UAE Golden Visa is a highly sought-after residency program that attracts global talent to the country. Its attractive benefits and eligibility criteria make it an excellent option for skilled professionals, entrepreneurs, and investors looking to establish their presence in the Emirates. As the UAE continues to expand its economy and promote innovation, the Golden Visa is expected to play a significant role in attracting and retaining top talent from around the world.
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