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Dubai Real Estate News For Investors
UAE Golden Visa: Your latest Guide to 10-Year Residency
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Who is Eligible?
Several categories of individuals can apply for the Golden Visa, including:
- Investors in public investments and real estate
- Entrepreneurs and inventors
- Creative professionals in culture and arts
- Executives, athletes, and specialists in engineering and science
- Outstanding students and frontline heroes
Dubai has recently extended eligibility to content creators and exceptional gamers, while other emirates, like Abu Dhabi and Ras Al Khaimah, have opened applications to superyacht owners and teachers.
Application Process and Cost
Applicants must meet specific requirements, such as a minimum salary of Dh30,000 for professionals or a real estate investment of at least Dh2 million. The application can be processed through the Federal Authority for Identity, Citizenship, Customs & Port Security (ICP) or the General Directorate of Identity and Foreigners Affairs in Dubai. The cost of the visa starts at Dh1,250.
Key Benefits
- Self-sponsorship without needing an employer
- Renewable for 10 years
- Extended stays outside the UAE beyond six months
- Family sponsorship, including children of any age
Golden Visa vs. Other Residency Options
Unlike other visas, the Golden Visa provides the longest validity and does not require continuous employment. However, it does not lead to UAE citizenship.
Possible Reasons for Rejection
- Incorrect job title on employment records
- Lack of proper educational documentation
- Job roles not meeting eligibility criteria
Want to know more? Book your complimentary call:
π https://alessandroderubertis.com/book-consultation/
π +971553523125
βοΈ info@alessandroderubertis.com