Dubai Golden Visa: Benefits, Fees, And Requirements

An Indian investor can invest in an Investment Fund in Public Investments and can get a 10-year golden visa for Dubai if they meet the following conditions:

Deposit at least AED Two Million in an investment fund, which is approximately ₹ 44,851,454

The investor capital is not less than AED two million, approximately ₹ 44,851,454

If the investor pays no less than AED 250,000 annually in taxes, which is ₹ 5,606,431

If the conditions are met, the senior employees, executive directors, or advisors of the investor are also eligible for a 10-year UAE Golden Visa.

However, Real-Estate Investor can get a Dubai Golden Visa for a period of 5 years if:

They invest at least AED Two Million in one or more properties, which is approximately ₹ 44,851,454

They do not take a loan for that amount if the property is AED Two Million (₹ 44,851,454)

If the value of the real estate is more than Two Million, the amount can be a loan

To be eligible for a UAE or Dubai Golden Visa, entrepreneurs must have a registered small and medium enterprise (SME) startup in the UAE. In addition, the startup idea must get approval from an official business incubator, the Ministry of Economy, or other competent local authorities and generate no less than AED 1 million, approximately ₹ 22,425,727

Entrepreneurs can also be eligible if they have sold their previous entrepreneurial project for no less than AED 7 million (₹ 156,980,091) inside or outside the UAE. Additionally, entrepreneurs can nominate 3 employees or partners in the project for the UAE Golden Visa.

The UAE Golden Visa for Entrepreneurs is only available for 5 Years and must be renewed closer to the expiry date of the visa.

The specialed talents can be from the following professions can get a Golden Visa UAE:

Doctors, Scientists, Creative People of Culture and Art, Inventors, Executive Directors, Specialists in Scientific Fields, Athletes, Doctoral Degree Holders, and Specialists in the Fields of Engineering and Science.

Specialists in the Fields of Engineering and Science can major in Epidemiology and Viruses, Artificial Intelligence, Big Data, Computer Engineering, Electronics, Software, Electrical, Genetics, and Biotechnology.

The exceptional talents must get a recommendation or approval from a federal or competent local authority through entities such as the Ministry of Culture and Youth. Additionally, some specialized talents do not need proof of educational qualification, employment status, monthly salary, or professional level.

Similarly, scientists and researchers can apply for nomination on the ICA e-Channel website. Alternatively, they can get the Golden Visa UAE through a recommendation from the Emirates Scientists Council.

The scientist or researcher must have a Ph.D or a Master’s degree in one of the fields mentioned under Specialized Talents from the top universities in the world, as well as substantial research achievements. Other eligibility criteria are:

They have a Ph.D. from a top 500 university worldwide.

They have professional experience in their Ph.D. field for 10 years.

They have received an award of appreciation in their field.

They have made a contribution to significant scientific research.

They have published articles or scientific books in distinguished publications.

They are a member of an organization related to the field.

They have specialized in fields of priority to the UAE.

Investors in the UAE must have the following documents:

UAE entry permit

Proof in the form of a letter from an investment fund approved in the UAE stating the minimum investment has been made

A letter stating the ownership of the property from the Real Estate Registration Department

A letter from the Federal Tax Authority with proof of tax payment

A recommendation letter from the Ministry of Economy for inventors

A valid commercial or industrial license

Entrepreneurs in the UAE must have the following documents:

An approval letter from an auditor in the UAE describing that the project’s value meets the minimum criteria

An approval letter stating that the project is feasible and can meet the future goals

An approval letter from an accredited business incubator in the UAE

An approved letter of nomination from the Federal Authority for Identity and Citizenship

For special foreign talents, there are specific needs for specific industries. Let us look at each work field and understand the requirements:

Specialized Talents in the field of medicine require the following documents:

An approval letter from the Ministry of Health allowing practice in the field of medicine

Recommendation letter from the Emirates Council of Scientists

OR a letter from the Secretariat of the Sheikh Mohammed bin Rashid Al Maktoum Award for Academic Excellence

Proof of academic achievements from top universities

Proof of Ph.D. in specific and required fields

Professionals or highly-skilled workers with high educational qualifications and professional experience must have a:

Employment contract in the UAE

Have a first or second occupational level classified by the Ministry of Human Resources and Emiratisation

Have a minimum of a Bachelor’s degree or equivalent

Have a monthly salary of not less than AED 30,000

Before you can apply for your UAE Golden Visa, you must get your UAE Entry Permit on the ICA website.

The entry visa is valid for 6 months and must be obtained to be able to travel to the UAE and obtain their Golden Visa.

Once the primary applicant has received their entry permit, they can start the Golden Visa application process. Applicants can apply for their UAE Golden Visa on the GDRFA.

Select the Golden Visa form service list. Next, select 'Investor Residency Visa (Golden Visa)'.

The entry visa holder can start their Golden Visa application process soon as they are in the UAE. Though doable, it is highly recommended that applicants use an immigration lawyer or attorney for the visa application process since gathering the documents can be a challenge.

Once you have completed the online application, you will receive confirmation via the email address provided. You will also receive important information and instructions through the email address.

The UAE Golden Visa price varies depending on your visa category and the services you avail of to get the visa. The price for the golden visa passes includes the following:

The investment you make in the UAE.

The entry permit costs ₹ 26,910 (AED 1,200).

The visa services (if applicable).

The UAE Golden Visa fees are between ₹ 62,792 (AED 2,800) and ₹ 85,217 (AED 3,800).

However, if you apply outside the UAE, costs are between ₹ 85,217 (AED 3,800) and ₹ 107,643 (AED 4,800).

An Indian citizen applying for a nomination will receive an email within 30 days notifying you of the outcome of your application to be nominated. Once they approve your nomination, you will receive an emailed link to upload the required documents for the visa.

Within weeks of uploading your documents, they will verify your application through the Federal Authority for Identity and Citizenship, and you will receive your visa. If you currently live in the UAE, you'll receive a temporary one-month visa. You then need to convert your temporary visa into a residency permit.

The first step to getting your Golden Visa UAE is the entry permit. The entry permit is valid for multiple entries for a maximum of 6 months, and during this period, you must apply for your UAE Golden Visa.

The UAE Golden Visa can be applied for 5 to 10 years, depending on the category. Once you have received it, you can stay in the UAE for the entire validity period of your visa and can enter it multiple times. Additionally, you can renew your visa upon the expiry of the previous Golden Visa UAE.

Worry not if you are not eligible for the UAE Golden Visa. We also have a detailed blog on the Dubai Freelance Visa.

Yes, a UAE visa can be renewed for as many times as you want.