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UAE Golden Visa - A Gateway to Long-term Residency in UAE

MEDIA / Articles / UAE Golden Visa - A Gateway to Long-term Residency in UAE
Are you prepared to enhance your way of life, broaden your business opportunities, and ensure a more promising future for you and your loved ones?

The United Arab Emirates' 10-year golden visa grants you the opportunity to reside, conduct business, and invest in one of the world's most vibrant and flourishing regions.

Why a UAE Golden Visa?

The scheme was introduced in 2019, offers a unique opportunity for individuals seeking long-term residency in the UAE through the Golden Visa program. This system is designed to attract talented investors, skilled professionals, entrepreneurs, scientists, and students to the country, contributing to the growth and success of businesses in the region.
The Council of Ministers has recently activated the long-term residency visa system, enabling exceptional individuals from diverse fields to apply for the Golden Visa and enjoy the benefits of living and working in Dubai for up to five to ten years.

What are the benefits of holding a UAE Golden Visa?

If you plan to reside in UAE for a long time, you can apply for a renewable residence visa lasting 5-10 years.

This offers an excellent opportunity to enjoy a hassle-free stay in the UAE for an extended period.

Discover the many compelling advantages that await you with the following list of important benefits:

  • Access to world-class healthcare facilities and services
  • Ability to sponsor family members for residency, including spouses and children of any age, and keep your loved ones close.
  • Eligibility to open bank accounts in any currency and make international payments without limitations through online banking services
  • Freedom to purchase and own property in the UAE
  • Access to quality education for your children
  • Opportunity to invest in the thriving UAE economy
  • Eligibility to apply for a UAE driving license
  • Ability to travel in and out of the UAE without the need for additional visas for more than six months
  • Taxation does not apply to incomes, capital gains, inheritance, gifts, and properties.
  • Ability to sponsor domestic employees, such as up to 3 housemaids and drivers, who can apply for unlimited visas/work permits.

These are just a few benefits of a long-term residence visa in the UAE.

Who is eligible for a UAE Golden Visa? 

The Golden Visa program has been launched by the Council of Ministers, providing an exceptional opportunity for talented individuals in diverse fields to apply for long-term residency visas. This initiative is an unparalleled chance to unlock new opportunities, broaden horizons, and achieve success on a global scale.

  • Real Estate Investors,
  • Entrepreneurs,
  • Executive Directors,
  • Outstanding Specialized Talents (doctors and scientists),
  • Specialists in the fields of science and athletes,
  • Holders of doctoral degrees and specialists in the fields of engineering and science,
  • Outstanding students come to the UAE.

What are the criteria?

There are four criteria for eligibility for the Dubai Golden Visa:

  1. Property-based criteria require the individual to own a valued UAE property of AED 2 million.
  2. Investment-based criteria require a two-year fixed deposit of AED 2 million at a local bank.
  3. Salary-based criteria require a minimum monthly salary of AED 30,000 and holding the position of Director, General Manager, or Chairman of the Board of Directors for 2-4 years.
  4. Special talent and education-based criteria require the individual to be a doctor, expert, scientist, inventor, or creative individual working in culture and art and have a doctoral degree (PhD).

So, I do qualify for a UAE Golden visa! What extra can I do?

How about moving your tax residency to the UAE? You can enjoy nearly 350 days of sunshine in a calm and yet vibrant and dynamic environment. The UAE has 0% income tax, 0% capital gains tax and 0% inheritance tax.

You can also start a business in the UAE depending on the activity and target market you wish to enter. We can help you chose the right corporate Vehicle for your endeavors whilst considering your personal needs and tailored to the advantageous tax and banking environment of the UAE.

Furthermore, we can help you out set a Will for your loved ones if that is what is required.
In a nutshell we got you covered. A true one stop shop.

What should I do next then?

The UAE Golden Visa provides an excellent opportunity for individuals to obtain long-term residency in Dubai and enjoy the perks of living, working, and studying in one of the world's most dynamic countries.
With several eligibility criteria and many benefits, the Golden Visa is an excellent option for investors, entrepreneurs, skilled individuals, scientists, and students who want to explore the UAE's vibrant culture and business opportunities.

Our service offering ranges from advising/consultancy, incorporation, residency and subsequently banking, accounting, legal services and any additional services required.

Get Your UAE Golden visa now!

Contact us for a free consultation! We bring a depth of experience to our work and dealings with clients. Our executives consist of chartered accountants, lawyers, financial advisers, tax specialists, administrators, and company secretaries.

Do you wish to stay informed?

Thank you for your interest in Freemont Group, the specialists in company formation, asset protection and legal and advisory . Feel free to contact us with any inquiry you might have. We will provide you with a free initial consultation, and a customized solution for your personal situation.