Golden Visa

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Your Guide to Dubai Golden Visa: Unlocking Opportunities in the UAE

What is the Dubai Golden Visa?

The Dubai Golden Visa is a long-term residency visa introduced by the UAE government to attract exceptional talent, skilled professionals, investors, and entrepreneurs. It grants holders the right to live, work, and study in the UAE while enjoying exclusive benefits.

Benefits of the Dubai Golden Visa

  1. Long-Term Residency: Valid for 5 or 10 years with the option for renewal.
  2. Business Freedom: Holders can own 100% of their business in the UAE without needing a local sponsor.
  3. Family Security: Visas can be extended to spouses, children, and dependents.
  4. Tax Advantages: Zero income tax on personal and corporate earnings.
  5. Lifestyle Benefits: Access to world-class infrastructure, education, healthcare, and a luxurious lifestyle.
  6. Ease of Travel: Multiple-entry benefits, making it easier to travel to and from the UAE.

Eligibility Criteria

  1. Investors:
    • Invest AED 2 million or more in property or other assets.
    • Proof of ownership is required.
  1. Entrepreneurs:
    • Own a business valued at AED 500,000 or more.
    • Obtain accreditation from an approved business incubator.
  1. Highly Skilled Professionals:
    • Specialization in fields like medicine, engineering, or technology.
    • Minimum monthly salary of AED 30,000.
  1. Outstanding Students:
    • Exceptional academic performance with grades of 95% or above.
    • University graduates with a GPA of 3.8 or higher.
  1. Special Talent:

Creatives, researchers, and innovators recognized in their field.

Required Documents

  • Passport Copy: Valid for at least 6 months.
  • Recent Photograph: Passport size, meeting UAE specifications.
  • Proof of Investment or Employment: Based on your eligibility category.
  • Medical Fitness Certificate: Issued by a UAE-approved medical center.
  • Health Insurance: Covering your stay in the UAE.

Why Choose Dubai for Your Golden Visa?

  • Business Hub: Dubai is a global economic powerhouse with access to key markets in Europe, Asia, and Africa.
  • Quality of Life: Enjoy safety, diversity, and an unparalleled luxury lifestyle.
  • Education and Healthcare: Top-tier institutions and medical facilities for you and your family.
  • Innovation and Growth: Dubai consistently ranks as one of the most innovative cities globally.

How to Apply for the Dubai Golden Visa

  1. Check Eligibility: Determine the category under which you qualify.
  2. Gather Documents: Ensure you have all the required paperwork.
  3. Submit Application: Apply through official UAE channels or with the assistance of a trusted consultant.
  4. Await Approval: Processing typically takes a few weeks.

Need Assistance?

Navigating the Golden Visa process can be complex. At Diva Properties, we provide personalized consultancy to guide you through every step, from understanding eligibility to securing the visa. Contact us today for a consultation!

FAQ

Golden Visa and Real Estate Investments

Golden Visa and Real Estate Investments

What is the Golden Visa program in Dubai?
  • The Golden Visa is a long-term residency visa offered to investors, entrepreneurs, and specialized talents, allowing them to live, work, and study in the UAE.

How can I qualify for a Golden Visa through real estate investment?
  • You must invest in a property worth at least AED 2 million to be eligible for a 10-year Golden Visa.
Can off-plan properties qualify for the Golden Visa?
  • Yes, off-plan properties can qualify if they meet the minimum investment threshold of AED 2 million and are purchased from approved developers.
Is joint property ownership allowed for Golden Visa eligibility?
  • Joint ownership can qualify if the total property value is AED 2 million or more, and all owners meet specific criteria.

Are there property taxes in Dubai?
  • Yes, properties from RERA-approved developers are eligible. Itโ€™s best to consult with a real estate expert for guidance on approved projects.

. Can I apply for a Golden Visa if I purchase multiple properties?
  • Yes, the AED 2 million threshold can be met through multiple properties, provided they are under your name and meet the necessary criteria.

Are there any additional benefits for Golden Visa holders?
  • Golden Visa holders enjoy long-term residency, ease of travel, business ownership, and the ability to sponsor family members.

Can I sell my property after obtaining the Golden Visa?
  • Selling the property may impact your visa status, as it is tied to maintaining the investment threshold. Consult with immigration authorities before making any decisions.

What happens to my Golden Visa if property prices fluctuate?
  • Your visa remains valid as long as the initial investment met the AED 2 million requirement at the time of purchase.

Can my family members be included in the Golden Visa?
  • Yes, the Golden Visa allows you to sponsor your spouse, children, and even domestic workers, provided you meet the program’s criteria.

How long does it take to process a Golden Visa application?
  • The processing time varies but generally takes a few weeks after submitting all required documents.

What is the cost of applying for the Golden Visa?
  • The fees vary depending on the application type, but it typically ranges between AED 4,000โ€“6,000. Additional costs may include medical tests and Emirates ID issuance.

Can I work in the UAE with a Golden Visa?
  • Yes, the Golden Visa allows you to live and work in the UAE without needing a separate work visa.

What is the renewal process for the Golden Visa?
  • The Golden Visa is renewable every 10 years, provided you continue to meet the investment or eligibility requirements.

Are there tax benefits for Golden Visa holders?
  • The UAE offers a tax-free environment for residents, including no income tax, which applies to Golden Visa holders.

Can I apply for the Golden Visa if I already own property in Dubai?
  • Yes, if your property meets the AED 2 million investment threshold, you can apply even if it was purchased prior to the program.

Does the Golden Visa guarantee UAE citizenship?
  • No, the Golden Visa does not lead to citizenship but offers long-term residency benefits.

Can I rent out my Golden Visa-qualifying property?
  • Yes, properties purchased under the Golden Visa program can be rented out, offering potential rental income.

How do I know if my property is eligible for the Golden Visa?
  • Consult with a real estate expert or the Dubai Land Department to verify if your property meets the eligibility criteria.

๐Ÿ“ž Need guidance on Golden Visa eligibility? Contact Diva Properties for expert advice and personalized assistance.