UAE Golden Visa Price: What to Expect When Applying

Are you considering UAE as your long-term home? The UAE Golden Visa could be the perfect option for you. Designed for talented individuals, entrepreneurs, and investors, it offers a unique opportunity to settle in the UAE. In this article, we’ll explore the Dubai Golden Visa cost and all the essential steps to get started.

Understanding the UAE Golden Visa

The UAE Golden Visa is a golden opportunity for all you investors, entrepreneurs, as well as highly qualified professionals, as it makes it absolutely worthwhile for you to live in the UAE permanently.

By offering extended residency for up to 10 years, which is renewable, the visa provides stability and the freedom to move deeper into your professional pursuits without the usual constraints of regular visa renewals.

The Golden Visa allows for the least amount of red tape during your stay, work, or study in the UAE. Additionally, you can even sponsor your family members such as a spouse and children, making it very appealing to those who would like to move with families.

Who Can Apply: Golden Visa Dubai Requirements

It's essential to understand who is eligible for the UAE Golden Visa is key before you begin the application process.

• Investors: Investors find this visa especially attractive. If you're considering investing in UAE property or local businesses, the Golden Visa could be perfect for you.
• Business Professionals: If you are thinking of launching a new business or improving the existing one in the UAE, the Golden Visa will allow you peace of mind, focusing your efforts on your business without the constraints of worrying about a visa.
• Talented Individuals: The visa extends its reach to talented professionals in various fields, such as art, science, and medicine. In case you are a doctor, an artist, or a scientist who has significantly contributed in their capacity, then this visa will help give you a platform to grow your career in the best place possible.
• Exceptional Students: The Golden Visa is also extended to students with outstanding academic performance. In addition, exceptional students and young graduates of UAE’s accredited colleges and universities are encouraged to apply, creating a bridge for career development in the region.

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Applying for Your Visa: The Steps

Here's a simple step-by-step guide to walk you through the process:

Step 1: Start Online

Firstly, access the official portal of the Federal Authority of Identity and Citizenship and choose the Golden Visa application form. The application is quite straightforward and assists you in the first few steps of the application process.

Step 2: Gather Your Documents

Before you start filling out the application, make sure you have all the necessary documents. You will need a passport, a photocopy of other visas if any, and evidence of qualifications such as investment paperwork or evidence of professional qualifications. Paying attention to this will help quicken the entire process.

Step 3: Fill Out the Application Form

With your documents ready, proceed to fill out the application form provided on the website. Make sure to cross-check all the information you have provided for any omissions or mistakes to prevent any unnecessary delays.

Step 4: Submit Your Application

Finally, once the application is completed and every document uploaded, submit everything through the online portal. It is important to make sure that you get confirmation regarding the submission of the application.

Step 5: Wait for Preliminary Approval

Once you have done these and submitted them, your application remains under the application review process. This stage goes on for a longer period as the agents check the documents as well as the applicant’s eligibility. Normally, you will receive correspondence that will be either an email or a status update on the website regarding your application.

Step 6: Complete Medical Checkup

If your application receives preliminary approval, you'll be instructed to undergo a medical checkup. This is a standard requirement for most residency applications in the UAE. You'll need to visit an approved medical facility to complete this step.

Step 7: Final Approval and Visa Issuance

Once your medical checkup is cleared, your application moves to the final approval stage. If all goes well, your Golden Visa will be issued. You'll be notified about how and where to collect your visa and any associated residency documents.

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Costs Involved: Dubai Golden Visa Price

What does it cost to get this prestigious visa? The Dubai Golden Visa price varies based on the type and length of the visa:

• Application Fees: Expect fees for entry permits, status adjustments, medical fitness tests, and Emirates ID issuance.
• Renewal Costs: It depends on whether you're renewing a 5-year or 10-year visa.

As including additional costs in planning for the UAE Golden Visa price is unavoidable, it is important to budget for the Golden Visa properly.

In figuring out your budgeting plan for the UAE Golden Visa price, it is also necessary to account for travel insurance coverage. Travel insurance is recommended for persons planning to visit the UAE. Bajaj Allianz General Insurance Company’s travel insurance plan can cover the medical costs that may arise due to emergencies incurred during the relocation process as well as the travelling process in general during business or personal trips. Including the expenses of travel insurance expenses into the budget plan from the beginning will give you a more successful adaptation to life in the UAE.

The Dubai Golden Visa offers a unique opportunity for individuals looking to establish long-term residency in the UAE. Whether you are an investor, entrepreneur, talented professional, or outstanding student, it can provide the stability and freedom to focus on your career and personal goals. Understanding the Dubai Golden Visa cost and its requirements is crucial for a smooth application process. By meeting the necessary Golden Visa Dubai requirements, you can enjoy the many benefits of this prestigious visa and make the most of your time in the UAE.

FAQs

What’s the minimum investment required for a UAE Golden Visa?

For property investors, it usually starts from around AED 2 million. The amount might vary depending on the type of investment.

Does applying for a UAE Golden Visa result in the applicant being granted citizenship?

No, the Golden Visa provides long-term residency; however, it does not grant citizenship.

Are there any tax benefits for Golden Visa holders in the UAE?

Absolutely, one of the biggest perks is that the UAE has no tax on personal income, which is quite beneficial for the residents.

How often do I need to renew my UAE Golden Visa?

This will depend on the kind of visa that you hold; some will require renewal after five years, while others after ten years.

Am I allowed to work anywhere in the UAE with a Golden Visa?

Yes, the Golden Visa gives you the flexibility to work anywhere within the UAE with no restrictions on employment.

*Standard T&C apply

**Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.

***Disclaimer: All prices mentioned are dynamic in nature and subject to change with time.

****The information provided is for general purposes only and is not intended as a substitute for professional or expert advice. Appropriate guidance or consultation from relevant authorities for travel-related concerns and queries is recommended.