What Does It Cost to Get a Long-term Residency in UAE?
Since its implementation, the UAE Golden Visa is being sought out all over the world. However, it is an exclusive document with strict eligibility criteria, so not all foreigners can apply for it.
This visa scheme was implemented in 2019 with the purpose to offer long-term residence visas for ex-pats in the UAE. With the help of this visa, entrepreneurs, sports stars, scientists, and other extraordinarily talented individuals get the opportunity to work in UAE for a longer period.
What will It Cost?
If the applicants apply for the 10-year visa from within UAE, it will cost between AED 2,800 to AED 3,800. On the other hand, if the applicants apply for it from outside UAE, the visa will cost between AED 3,800 to AED 4,800. The cost is slightly higher for applicants coming from outside UAE since it also includes a government processing fee. Moreover, the overall amount will also reflect the category in which the applicant is applying.
Additionally, the applicants will be required to pay Dh1,000 for medical check-ups as well as the Emirates ID processing fee. UAE health insurance will also be needed, the price for which starts from AED 800.
For any UAE visa-related assistance or any other travel-related inquiry, AlCabana Travels is a great reliable option that can thoroughly guide you through every step of the way.
Who Fits the Criteria?
If you are a property investor, entrepreneur, scientist, outstanding student, or contributor to humanitarian causes then your chances of attaining UAE’s Golden Visa drastically improve. If you think you fit the bill, then get in touch with AlCabana for any sort of visa assistance.
In order to apply for the Golden Visa, a property investor must have invested AED 2 million or above in properties; the entrepreneur should be the owner or partner in an SME with annual revenues of no less than AED 1 million or a founder of a firm that has been sold for no less than AED 7 million; exceptionally talented individuals in the fields of culture, art, sports, digital technology; scientists, professionals in the field of IT, business, education law, culture, science, and engineering, etc. with a minimum salary of AED 30,000; outstanding students and graduates; and people who are distinguished members of international and regional organizations.
Golden Visa for Different Talents:
Golden visa eligibility also extends to people holding different talents belonging to fields of arts, culture, tech, sports, or innovation. Any skilled individual belonging to the above-mentioned categories is eligible to apply for the golden visa scheme.
In addition, the same golden visa will be valid for 10 years but that majorly depends upon the talent of an individual. Approvals, recommendations, and referrals of federal or local government entities will play a major role in getting the hold of the golden visa. Other factors such as employment status, educational qualification, professional status, Cv Writing Dubai, or monthly salary won’t make much impact in attaining this visa.
The idea is to promote people belonging to all segments of talent and not just a single domain. To ensure equal opportunity provision among the masses to enable growth in multiple dimensions.
Benefits of UAE Golden Visa
UAE Golden Visa offers some excellent benefits. These include:
- Extended residency rights
- Extended time outside the UAE
- Dubai Police Esaad privilege card
- Ability to sponsor dependents
- Unbeatable healthcare packages
Self-sponsored work or stay