Golden Residence in UAE 2023: everything you need to know.

Last updated August 11, 2023: This article is regularly updated by the editorial staff of Wego's Rihal blog to ensure content is current and accurate.

The golden visa is an immigration program offered by various countries around the world. A golden visa grants the right to access citizenship and residency in a particular country without having to spend many years in that country. From Europe to the Middle East, people from all over the world can take advantage of this program. Wego has researched official documents and sources regarding the visa. It is a long-term visa that aims to attract foreign talent to live, work, study and enjoy exclusive privileges. If you are an investor, entrepreneur, professional,''Executive leader, scholar, outstanding talent, student or alumnus, humanitarian leader or frontline hero. Does that sound interesting? To become a holder of this program, you need to invest. The program offers rich people the opportunity to invest in another country, which leads to citizenship. The investment required to qualify for the golden visa varies from country to country. Once you invest and complete the application process, you and your family immediately become legal residents. This program has helped thousands of families obtain residency permits in foreign countries like UAE, etc. without the hassle of full immigration programs.

What is a golden visa in UAE?

The UAE country seeks''cement its position as an ideal place to live, work and invest using the long-term residency program known as the golden visa, which has been extended in 2019 with the introduction of new types of visas and residency permits. The golden visa requires a six-month visa extension to complete the golden visa process. The following foreign talents can take advantage of this opportunity for long-term residency: investors (real estate/general investment), exceptional talents (scientists/physicians), entrepreneurs, science and engineering professionals, outstanding students, inventors, artists in the field of arts and culture.

The Benefits of a Gold Visa to''UAE

The UAE golden visa provides long-term residency with many advantages and privileges. Here are some of them: the opportunity to enjoy brilliant opportunities, unique lifestyle, rich culture, diverse society and full realization of one's potential. Dubai is also a preferred investment destination for investors. Types of UAE gold visas there are two categories of UAE gold visa: 10-year residence permit, 5-year residence permit. Both types of visas are automatically renewable if certain requirements and conditions are met by the applicant. Benefits of UAE gold visa living and working in Dubai offers many advantages such as high quality of life and''good health. Here are some of them: renewable residence visa for 5 to 10 years. You will not need a sponsor. Residency permits for family members, spouses and children. Protected persons can stay in the UAE until their visa expires, even if the primary visa holder has died. Living in the second best country in the world in terms of security and stability and enjoying the best education and infrastructure. Ease of doing business and exemption from tax income. Extension of residency for six months after expiration or revocation. Discount program for Dubai golden visa holders.

Requirements for UAE gold visaG/h3>

The requirements for applying for a UAE gold visa depend on the type''s CEO and executive managers must have a bachelor's degree, a monthly income of AED 50,000 and at least five years of experience in Dubai. They are classified by the Ministry of Economy into levels I, II and III of professional qualifications.

Startups and new businessmen Entrepreneurs and startup owners can also obtain a golden residence visa if: Startup owners or previous partnerships have spent a total amount of $7 million; Registered as a small or medium-sized business based on an amount of $1 million; Ministry of Economy or local authorities''authorities will approve any idea or project.

Outstanding talent around the world, outstanding talent includes the following specializations: engineering (computer engineering, electronics, software, genetics and biotechnology), science professionals (epidemiology and virology), inventors in any industry, athletes and executive leaders, artists in the arts and culture. Scientists in artificial intelligence, Big Data or Data Science, physicians and nurses qualified to do so because they are frontline health care workers. Doctors licensed by the health regulatory authority in the UAE can qualify for a golden visa through the stay service for golden visa holders,''provided by the Federal Identification and Nationality Authority. Following the Covid-19 pandemic, UAE health authorities are also offering visas for nurses and medical staff. The federal authority has set up seven citizenship and identification centers across the country for doctors, medical staff and nurses.

Engineers The UAE has plenty of opportunities for young talent in engineering, specializing in computer engineering, electronics, software, genetics and biotechnology. Therefore, officials believe they are qualified to get a 10-year visa without a sponsor. Required documents include: an employment contract in the field of engineering, a copy of the guaranteed visa and a diploma or academic''degree.

The researchers and scientists have a lot of respect and recognition all over the world. They provide their services according to their specialization. Therefore, scientists are also qualified to their knowledge and services on the basis of research. The requirements are as follows: doctoral degree in science from the best universities in the world, letter of recommendation from the UAE Council of Scientists.

The humanitarians and heroes on the front lines of Covid-19 quarantine are beyond praise and recognition worldwide. UAE authorities have also granted visas to the frontline workers. Foreign pensioners retirees can get a five-year residency permit. Requirements: ownership of real estate worth one million dirhams, income of 15,000''dirhams.

The UAE's gold visa holders from 2019 to 2022 The General Directorate of Residence and Foreign Affairs in Dubai has issued more than 151,600 gold visas. Hollywood and Bollywood celebrities like Shahrukh Khan and Sanjay Dutt have received their gold visa. The list also includes athletes such as Cristiano Ronaldo, Luis Figo and Miralem Pjanic.

The price and validity of the UAE gold visa application fees are between AED 2,800 and AED 3,800 per person applying from Dubai. A person not residing in Dubai will pay between AED 3,800 to AED 4,800 in Emirati dirhams.

How to apply? The process is very simple to process the application: apply through the official web portal of the Federal Identification and''Citizenship and Customs and Port Security (ICP). Fill in the required information. Attach the required documents and have them verified. Pay the fees to complete the process. GDRFA-Dubai web portal is also available to apply for Dubai golden visa. Open the official website of the General Directorate of Residence and Foreign Affairs. Click on the appropriate service. Complete the application form. You can download the GDRFA-Dubai apps (Android, iOS) and register as a new user. Tap on the desired service. Attach documents and pay the fees. Submit your visa application.

The UAE golden visa is an important step to attract global talent and investment. It offers many benefits, making living and working in the UAE attractive.''With clear guidelines and a simplified application process, the golden visa is a golden opportunity for those who want to call the UAE their new home.