The Golden Visa UAE has emerged as a highly attractive option for those seeking long-term residency in the UAE. This initiative is part of the UAE’s efforts to attract skilled professionals, investors, and outstanding students from across the globe. In this article, we will delve into the benefits, requirements, and application process of the Golden Visa UAE, providing you with a comprehensive guide to secure your long-term stay in this dynamic country. Additionally, we will highlight why 11Prop is the best real estate solution in the UAE for all your property needs.
Benefits of the Golden Visa UAE
Long-term Residency
One of the primary advantages of the Golden Visa UAE is the long-term residency it offers. The visa is issued for either five or ten years, depending on the category you fall into. This extended stay allows you to live, work, and study in the UAE without the need to frequently renew your visa, providing stability and peace of mind.
Family Sponsorship
Golden Visa holders can sponsor their family members, including spouses, children, and parents, for the duration of the visa. This benefit ensures that your loved ones can join you in the UAE, making it easier to maintain family ties while pursuing your career or business endeavors.
Business Opportunities
The UAE is known for its thriving economy and business-friendly environment. As a Golden Visa holder, you can take full advantage of the numerous business opportunities available. Whether you’re looking to start a new venture or expand an existing one, the Golden Visa provides you with the flexibility to achieve your entrepreneurial goals.
Education and Healthcare
With a Golden Visa, you and your family can access the UAE’s world-class education and healthcare systems. The country boasts some of the Best Schools in Dubai, offering top-notch education for your children. Additionally, the healthcare facilities in the UAE are among the best in the world, ensuring you and your family receive high-quality medical care.
Ease of Travel
Golden Visa holders enjoy ease of travel in and out of the UAE. This benefit is particularly advantageous for businesspeople and investors who need to travel frequently. The visa’s long-term nature also eliminates the hassle of frequent renewals, making international travel more convenient.
Requirements for the Golden Visa UAE
The eligibility criteria for the Golden Visa UAE vary depending on the category you belong to. Here, we outline the requirements for the major categories:
Investors
- Investment in Property: You must invest in a property worth at least AED 5 million. The investment should not be loaned, and the property must be retained for at least three years.
- Public Investment: A minimum investment of AED 10 million in an investment fund or as a partner in a company. The investment should not be loaned, and you must retain it for at least three years.
Entrepreneurs
- Existing Project: You must own or be a partner in an existing project with a minimum value of AED 500,000.
- Accredited Business Incubator: Alternatively, you can obtain approval from an accredited business incubator in the UAE.
Specialized Talents
- Scientists and Researchers: Must be accredited by the Emirates Scientists Council or hold the Mohammed Bin Rashid Medal for Scientific Excellence.
- Creative Talents: Must be accredited by the Ministry of Culture and Youth.
- Doctors and Specialists: Must meet specific criteria set by the relevant authorities.
Outstanding Students
- High School Students: Must score at least 95% in public or private secondary schools.
- University Students: Must have a GPA of 3.75 or above from universities within or outside the UAE.
Application Process for the Golden Visa UAE
Applying for the Golden Visa UAE involves several steps. Here’s a detailed guide to help you through the process:
Step 1: Determine Eligibility
The first step is to determine which category you fall into and ensure you meet the specific requirements for that category. Review the criteria carefully and gather the necessary documents to prove your eligibility. For financial transactions and support, consider working with the Best Bank in UAE to streamline the process and ensure all your financial needs are met efficiently.
Step 2: Prepare Required Documents
Depending on your category, you will need to prepare various documents, such as proof of investment, academic certificates, professional licenses, and any other relevant documents. Ensure all documents are attested and translated into Arabic if required.
Step 3: Submit Application
You can submit your application online through the UAE government’s official portal or through an accredited typing center. Fill out the application form accurately and upload the required documents. Pay the application fee and submit your application.
Step 4: Wait for Approval
Once your application is submitted, it will be reviewed by the relevant authorities. The processing time may vary depending on the category and the completeness of your application. You may be asked to provide additional documents or information during this period.
Step 5: Receive Golden Visa
If your application is approved, you will receive your Golden Visa UAE. You can then proceed to complete the residency procedures, such as medical tests, Emirates ID application, and visa stamping on your passport.
Why 11Prop is the Best Real Estate Solution in the UAE
Finding the right property is crucial for your long-term stay in the UAE, and 11Prop is here to help. As the leading real estate solution in the UAE, 11Prop offers a wide range of properties, including apartments, villas, and commercial spaces, catering to all your needs.
Extensive Property Listings
11Prop boasts an extensive database of properties across the UAE, ensuring you have plenty of options to choose from. Whether you’re looking for a luxurious villa in Dubai or a commercial space in Abu Dhabi, 11Prop has it all.
Expert Guidance
The team at 11Prop comprises experienced real estate professionals who provide expert guidance throughout your property search and purchase process. They understand the local market and can help you find the perfect property that meets your requirements and budget.
Seamless Experience
11Prop ensures a seamless and hassle-free experience for all its clients. From property search to finalizing the deal, they handle all the paperwork and formalities, making the process smooth and efficient.
Customer-Centric Approach
At 11Prop, customer satisfaction is a top priority. They are dedicated to providing personalized services, ensuring you get the best possible property solutions. Their commitment to excellence has made them a trusted name in the UAE real estate market.
Conclusion
The Golden Visa UAE offers numerous benefits, making it an attractive option for investors, entrepreneurs, skilled professionals, and outstanding students. By understanding the requirements and following the application process, you can secure long-term residency in this vibrant country. And when it comes to finding the perfect property in the UAE, look no further than 11Prop, your trusted real estate partner. With their extensive listings, expert guidance, and customer-centric approach, 11Prop ensures you find the ideal property to complement your Golden Visa UAE.
