How do I Get Entitled to A Dubai Golden Visa?

Things You Need to Know! Dubai Golden Visa

A Dubai Golden visa that allows long-term residency in Dubai. The visa system designed to attracts foreign investment with amazing benefits in Dubai.

Dubai Golden Visa 8

 

UAE is one of the most appealing Middle Eastern countries foreign citizens choose to move to. Out of all the Emirates, Dubai is by far preferred by those interested in working and starting a business in the UAE. This one of the main reasons when discussing immigration, many of them refer to Dubai citizenship instead of UAE citizenship. Obtaining Dubai Golden Visa has many benefits apart from those of living in one of the most unbelievably beautiful cities in the world. Under the new law, UAE dual citizenship is also permitted.

Recently, the UAE government has amended its legislation under which Dubai Golden Visa requirements have been introduced, especially for foreign investors.

Who can obtain Dubai Golden Visa according to the new rules?

Based on the latest changes in the legislation, the Dubai Golden Visa for citizenship includes the following categories of immigrants who can qualify for United Arab Emirates citizenship:

  • Foreign investors
  • Specialists in various fields of activity
  • Doctors and scientists
  • Inventors and intellectuals
  • People with creative skills

Other categories of people who can also accede to UAE citizenship by obtaining the Dubai Golden Visa are also foreign citizens who marry UAE nationals, just like before.

HSHE Dubai Golden Visa 9

Required Documents for Dubai Golden Visa

  1. Passport of the applicant
  2. Availability of an electronic copy of the title deed certificate
  3. Personal photo of the applicant
  4. Valid health insurance of the applicant
  5. Original Emirates ID of the applicant

Service Terms for Dubai Golden Visa

Investor Visa 5 Years

  1. Minimum 2 million value property or owned share (one property or more) under the applicant name.
  2. In case the property is mortgage, at least 2 million of property value must be paid to the bank. NOC letter and paid amount letter.
  3. Husband and Wife can share in one property (marriage certificate required).

HSHE Dubai Golden Visa 9

 

Retirement Visa 5 Years

  1. The applicant must be 55 years old and above.
  2. Minimum 1 million (fully paid, not mortgaged) value property (one property or more ) under the applicant name OR Deposit one million in any of the local banks for 3 years, and bring a letter from the bank issued to the immigration that (the deposit cannot be released within 3 years).
  3. Husband and Wife can share in one property (marriage certificate required).

Family Visa

  1. No objection Certificate- Noc letter from the father, attested by the notary public (in case the mother is the sponsor)
  2. Daughter over 18 years old (Unmarried letter)
  3. Must Bring National ID for (IRAN – PAKISTAN – IRAQ -­­ LIBYA – AFGHANISTAN)
  4. Original passport and Emirates ID
  5. Personal photo
  6. Health Insurance
  7. Marriage certificate attested
  8. Birth certificate attested
  9. IBAN bank account
  10. Son over 18 years old (Study certificate)

Parents Visa 1 Year

  1. National ID for ( IRAN – PAKISTAN – IRAQ – LIBYA – AFGHANISTAN )
  2. Affidavit Certificate of dependency from the consulate attested
  3. Bank statement for the last 3 months
  4. Original passport and Emirates ID
  5. Personal photo
  6. Health Insurance
  7. Birth certificate attested
  8. IBAN bank account

Note: Only applicant allowed to get in the center. You can submit any documents requested above by uploading to DLD Vault

Investor & Retirement Visa

  1. Medical (VIP) – 753
  2. AED EID (5 Years) – 573 AED
  3. New (5 Years) visa – 2288.75 AED
  4. Management Fees – 100 AED
  5. Total 3714.75 AED

Family Visa 5 Years

  1. Fees: 3714.75 AED
  2. File Opening for Dependent Visa – 318.75 AED

Parents Visa 1 Year

(6,821.25 AED) for one year only

HSHE DUbai Golden Visa 1

Service Procedures for the Dubai Golden Visa

  • The customer visits Cube Centre in Dubai Land Department
  • The customer submits the requirements and pays the fees
  • The medical examination is conducted in the Centre

Source: https://dubailand.gov.ae/en/

Quick Facts
Assistance provided by specialized immigration lawyer (YES/NO) Yes
 Persons eligible for citizenship – investors,

– specialists in various industries,

– medical staff,

– inventors,

– artists

Requirements for citizenship by naturalization Obtaining permanent residency
 Availability for citizenship by descent (YES/NO)  Yes
Citizenship by marriage possibility (YES/NO) Yes
Citizenship by investment requirements – real estate acquisition,

– experience in the applicant’s field of activity of at leat 10 years,

– international prizes,

– accolades

Minimum value of real estate purchase for citizenship USD 1.3 million or USD 2.7 million depending on the duration of the visa
Timeframe to obtain citizenship by naturalization Living in UAE for 30 years
Timeframe to obtain citizenship by marriage 5 years
Timeframe to obtain citizenship by investment It is granted immediately by Dubai Crown Prince Courts, Dubai’s Ruler, or the Executive Council based on the documents filed
Eligibility for citizenship by descent Children of UAE citizens born abroad
Immigration with family members allowed (YES/NO) Yes, through the investment option
Visa-free access based on a Vietnamese passport Approx. 180 countries
Taxation after obtaining UAE citizenship No personal income tax
Benefits of permanent relocation to UAE/Dubai  – high living standards,

– great quality of life,

– large communities of expats,

– access to the local business and labor markets

 

Here are the latest Dubai Golden Visa rules for each category of applicants:

  1. Property ownership is the mandatory requirement for foreign investors, while the minimum value of the real estate must be 1 million AED.
  2. Doctors and other specialists must have at least 10 years of experience in their fields, plus their skills must be in high demand in the UAE.
  3. The same 10 years of experience are also required in the case of scientists
  4. Inventors must have at least one patent approved by the Ministry of Economy in the UAE.
  5. Creative people and intellectuals must have one at least one international award for their talents.
  6. This service allows the real estate investor to apply for a 5-year residency visa.

In the case of foreign persons with creative skills, recommendations from their governments are also required.

HSHE Dubai Golden Visa2

 

 Benefits of Dubai Golden Visa

Obtaining in Dubai Golden Visa comes with several benefits, among which the most important are:

  1. The possibility of retaining one’s former passport which is not met in any country.
  2. Visa-free travel to no less than 167 countries (one of the largest numbers in the world).
  3. No personal income tax and tax filing requirements for private individuals.
  4. The possibility of buying a property and starting a business in Dubai.
  5. Under the new law, UAE dual citizenship is also permitted.

As stated by the authorities, foreign residents in Dubai who have a golden visa and a driving license from their home country can now take a UAE driver’s test without needing extra lessons.

Additionally, if the golden visa holders have a license from one of 32 approved countries, including the US, the UK, Australia, Italy, Saudi Arabia, South Africa, Spain, New Zealand, Qatar, Kuwait and Ireland, they will automatically be eligible for a UAE driver’s license.

Among the particularities of Dubai, you should know that almost 90% of its population is made of expats, many of them working in domestic companies. This is why if you want to live here, employment is a great way of moving and applying for citizenship as a skilled specialist.

 Conclusion

Since its implementation the Dubai Golden Visa system has generated quite a buzz among certain groups of expatriates with plans of securing permanent residency in the Dubai. The Dubai government has made it clear that they are committed to providing expatriates, investors and essentially everyone looking to make Dubai their home an extra reason to feel secure about their future.

The Golden Visa System has given foreign nationals amazing opportunities and other privileges for family members such as the ability to remain in Dubai, if the Golden Visa holder passes away till the end of their residence permit.

Not sure of the right Real Estate property to buy in Dubai, UAE? At Home Sweet Home Estate (HSHE), we turn dreams into reality, whether you are looking to buy or sell your property, you have come to the right place. Contact us at https://hshestate.com/

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