Picture for illustrative purposes only.
PHOTO BY ARCHIVE
The UAE Golden Visa is one of the country’s long-term residence visas allowing foreigners to live and work in the emirates for up to 10 years.
Aside from its long-term residence benefits, the UAE Golden Visa can be issued to applicants without needing a local sponsor.
There are a host of great benefits, too. A Golden Visa allows the holder to sponsor his or her family members, including spouse and children regardless of their age, and sponsor an unlimited number of domestic workers. UAE Golden Visa holders can also stay outside the UAE for as long as they want without affecting the validity of their visa. A regular residency visa becomes invalid once the holder stays outside the UAE for more than six months.
But the UAE Golden Visa is not for everyone. It is only granted to investors, entrepreneurs, exceptional talents, scientists and professionals, outstanding students and graduates, humanitarian pioneers and frontline heroes.
The Federal Authority for Identity, Citizenship, Customs and Port Security, in its website, released details about who can qualify for a Golden Visa. Here are questions that will let you know whether or not you quality. You need to answer yes to at least one question.
Are you one of the investors in the country who meet the conditions?
* Have a deposit of no less than Dh2 million with an investment fund licensed in UAE or;
* Owns a company with a capital of no less than Dh2 million or;
* Owns a stake in a company with a value of no less than Dh2 million or;
* Owns or partners in a company that pays tax with a value of no less than Dh250,000
Do you own a property whose total value is not less than Dh2 million and is not subject to any mortgage?
Do you have a successful previous project in the country with a capital of at least Dh500,000?
Are you one of the outstanding high school graduates from a high school in the UAE?
Are you one of the outstanding university graduates who graduated from accredited universities in the country with a GPA of no less than 3.8?
Are you a doctor or health specialist licensed to practice the profession from approved government agencies in the UAE, and are you currently on the job?
Are you a specialist in engineering and science and on the job of one of these fields?
* Epidemiology and viruses
* Artificial intelligence
* Big data
* Computer engineering
* Electronic engineering
* Software engineering
* Electrical engineering
* Genetic engineering
* Biotechnology engineering
Are you a creative person who has previously produced distinguished and tangible artistic productions in the fields of visual arts, publishing, performing arts, designs and crafts, games and e-sports, media, and others inside or outside the UAE?
Are you an innovator with a patent that will add value to the economy of the United Arab Emirates?
Are you a CEO working in the UAE in the private or the public sector?
To be eligible for this residency, you must have a university degree with a bachelor’s degree, earn a monthly salary of at least Dh50,000, and have at least five years of work experience in the UAE.
Are you specialized in one of the rare educational fields of priority in the UAE? To be eligible for this residency, you must have a university degree with a bachelor’s degree in one of the priority fields or specializations, which include: education, training, management, and caring for people of determination.
Are you an athlete, coach, referee, sports doctor, sports therapist, or public sports figure, with tangible sporting achievements in the UAE or abroad?
Do you hold a PhD in one of the priority fields and work in one of these specializations?
Are you one of the pioneers of humanitarian work from the following categories?
* Members of international and regional organizations or their employees for no less than five years.
* Recipients of appreciation awards from local, regional or international institutions specialized in humanitarian work.
* Volunteers in humanitarian work for no less than five years or 500 volunteer hours.
* Financial supporters of humanitarian work with a value of no less than 2 million dirhams or its equivalent.
ICA/Expat Media
For more details on your eligibility, check the ICP website here
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