Golden visa
Golden Visa Dubai | Golden Visa Services in Dubai with Docman
Dubai currently ranks among the fastest-growing countries in the world. Here people come from all over the world to brighten their future and fulfill their dreams. That is why the visa policies in Dubai are also very attractive and change with the passage of time. Recently the Golden Visa UAE has been introduced. Here, I am going to discuss the Golden Visa, its rules, requirements, and 3 main types of golden visa in Dubai. Let us move on:
What Is a Golden Visa?
The Golden visa is basically a long-term residence permit that allows foreign nationals to reside, work, or study in the United Arab Emirates while also getting special benefits. Those who meet the criteria for a golden visa include entrepreneurs, investors, scientists, outstanding students, recent graduates, front-line heroes, and humanitarian pioneers.
Benefits of Golden Visa
There are many benefits of the golden visa in Dubai. However, a few of them are:
- 5 or 10 years of residency in the UAE with a renewable option
- Security regarding their future in the nation
- Reside, take a job, or study in the UAE
- Tenure of stay outside the UAE does not nullify the Golden residence
- 100% ownership of companies located on the mainland of the UAE
- No need to find a national sponsor
How to Apply for an Investor Visa?
If they meet one of the requirements listed below, real estate investors can apply for a golden visa Dubai.
- Purchase a property costing at least AED 2 million.
- Obtain a loan from one or more local banks to purchase real estate.
- Purchase one or more off-plan homes for no less than AED 2,000,000 from recognized local real estate firms.
Documents Required for Golden Visa
UAE golden visa requirements for documents are different as per the type of visa service. However, the following documents are necessary:
- Application form
- Copy of the sponsored residency
- A post-secondary degree or a high school diploma
- Attested tenancy contract
- Work Contract
- Photos, Medical certificate, and passport
Procedure to Apply
There is a simple procedure that must be followed in order to obtain the UAE Golden Visa. It is very simple, but you must ensure that your documents are prepared because you must also submit them. The procedure to apply:
- Visit the site.
- Apply for a nomination.
- 30 days are given to the UAE authorities to review your application.
- An email with the results of your application will be sent to you.
- If your nomination is accepted, you will receive an email with a link where you can upload the necessary paperwork
- The Federal Authority will examine the application for Identity and Citizenship
- The authorities will issue the Golden Visa.
Remember that you must be prepared to move to the UAE if you want to obtain this document. Once inside the nation, you can perform all resident duties and begin taking advantage of UAE Golden Visa benefits. You can also get visas and government departments or services from Connect Resources. However, this might be daunting. Therefore, the best possible solution is to contact any good visa service provider company i.e. Docman, and apply for a golden visa.
New Rules for Golden Visa
Previously, the residence permit could be obtained for up to three years. A new regulation introduced this year allows investors to hold 100 percent of the stock in their companies in Dubai and grants them a 10-year investor visa. Along with scientists and innovators, the 10-year golden visa UAE will be given to investors and experts in the technical, medical, as well as research fields. The family of the visa holder is also covered. Before, only businesses based in the UAE’s various free zones qualified for 100% ownership. New regulations will permit foreign businesses operating outside of free zones in the UAE to own 100% of their operations. This rule offered significant relief from the previous one that mandated a UAE partner with a major stake.
