Apply For a Dubai Golden Visa
The UAE’s glitzy capital city of Dubai is home to world-class attractions and experiences. From the towering Burj Khalifa to the man-made Palm Jumeirah, there are plenty of reasons to visit this dazzling city. Its rich culture is also worth exploring, while its dazzling skyline boasts more than 500 stunning buildings and structures. Those who wish to invest in the country’s flourishing economy can do so by applying for a Dubai Golden Visa.
The Dubai Golden Visa is a residency visa that offers many benefits to foreign investors and students. It allows them to travel freely throughout the country and avoid paying taxes in their home countries. Moreover, it allows them to open companies and invest in real estate or bonds. In addition, the Golden Visa is transferable and allows spouses and children to join their families in the country. Moreover, it can be renewed every year and provides access to healthcare and education.
To apply for a Golden Visa Dubai, you must meet specific investment and residency requirements. The requirements vary by category, and you may need to provide additional documents depending on your circumstances. The most common categories include specialized talents, entrepreneurs, and outstanding students.
Who Is Eligible to Apply For a Dubai Golden Visa?
Investors who meet the requirements for a Dubai Golden Visa can enjoy tax-free returns on their investments, including interest and profits. In addition, they can bring their families to the country and stay there for as long as they wish. They can even sponsor domestic support services staff without restriction.
In order to qualify for a Dubai Golden Visa, you must own a property worth at least AED 2 million. This property can be in the form of an apartment, villa, or other residential structure. The property should not be financed with a loan, and the owner must have full ownership of the asset.
Entrepreneurs who meet the requirements for a Dubai Gold Visa can work in any type of business in the country. This includes technology, engineering, life sciences, and other industries. They must also have an annual revenue of at least AED 1 million. In addition, the entrepreneur must have a proven track record of successful entrepreneurial projects.
Those who are outstanding students can also get a Dubai Golden Visa. They must have a minimum grade of 95 percent in public and private schools. They must also graduate from a recognized university with a distinction GPA of at least 3.75. In addition, they must submit a recommendation letter from the Ministry of Education.
Specialized talent category includes doctors, researchers, and coders. Those who meet the criteria can apply for a 10-year Dubai Golden Visa. This visa can also be extended to their family members. In addition, it can be transferred to other individuals if the original holder of the visa dies. Unlike other types of residency visas, the Dubai Golden Visa does not lead to citizenship. Applicants should consult a qualified immigration law firm to determine if they are eligible for a Dubai Golden Visa.