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Starting in 2019, the UAE Golden Visa has become a game-changer in the country's economic landscape in 5 years. Offering long-term residency fuels foreign investments, strengthening the skilled workforce, and enhancing the real estate and business sectors.
For Indians, the Golden Visa for UAE is especially appealing due to its unparalleled business and investment opportunities. The UAE’s tax-friendly policies, booming job market, and world-class infrastructure make it an ideal destination for professionals, entrepreneurs, and high-net-worth individuals.
What is the UAE Golden visa, and who is eligible to apply? Read along!
In 2019, the United Arab Emirates launched a new visa system for long-term visa holders. This is known as a Golden visa. This Golden Visa allows foreigners to live, work and study in the United Arab Emirates.
The 2019 amendment hopes to attract new foreign residents, especially to Dubai. Read on to learn about the eligibility criteria and advantages of the UAE Golden Visa.
Here is a list of individuals eligible (as per the UAE Cabinet Resolution) to apply for a UAE golden visa,
Following are the requirements or conditions to obtain a UAE Golden Visa -
Here are the key documents needed for different UAE Golden Visa categories for 5 or 10 years of validity.
Note: Visa regulations and requirements can change. For the most accurate and up-to-date information, consult the official website of the Dubai Immigration Department or the nearest UAE embassy or consulate.
You can also contact the Federal Authority of Identity and Citizenship (ICA) or the General Directorate of Residency and Foreigners Affairs - Dubai (GDRFAD).
Individuals can apply for Golden Visa for UAE for the Federal Authority for Identity and Citizenship — ICA (the eChannel for residency and citizenship) or the General Directorate of Residency and Foreigners Affairs (GDRFA).
ICA allows online applications only. On the other hand, GDRFA enables both online and offline applications. Follow the steps mentioned below to complete UAE Golden Visa.
Follow the below steps to apply through ICA - a government agency for online Golden visa application for Dubai (UAE):
If you wish to apply through the offline mode, visit the licensed typing centres. Here, the professionals can type and process your UAE Golden visa application through the General Directorate of Residency and Foreigners Affairs (GDRFA) of the respective emirate. If it is approved, you will receive a message regarding approval and the original entry permit.
The Golden Visa for UAE (Dubai) can take 15 days to up to 30 days to process.
Note: These fees are subject to exchange rate fluctuations and ICP- or GDRFA-specific requirements.
Now that individuals know who can get a Golden Visa in UAE, i.e. its definition, eligibility, application procedure and other important things, let us see the features and benefits of having a Golden Visa.
Below are discussed the unique features and associated benefits of the UAE Golden Visa,
With such a detailed discussion, you can conclude your search for the UAE golden visa. Read the eligibility requirements carefully to successfully complete the UAE golden visa application.
Yes, residents with Golden Visas can extend their residency in Dubai by renewing their visa every 5 or 10 years, depending on their visa category.
No, though not mandatory, you should have travel insurance to apply for the UAE Golden visa. It is important to have an insurance policy for your family and yourself if you plan to stay in the country for long, as your insurance policy would help you financially in any unforeseen situation in a foreign country.
Insurance is probably not the first thing on your travel checklist, but trust us, you’ll be glad you have it. UAE, especially Dubai, is known for its expensive medical costs, which can be required anytime!
Having a UAE travel insurance policy keeps you covered in case of:
Overall, the UAE Golden Visa offers financial security, global exposure, and business-friendly policies, making it highly desirable for Indians seeking long-term residency abroad.
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Disclaimer -
Your policy is subjected to terms and conditions mentioned in your policy schedule and policy wording. Please go through the documents carefully.
The information mentioned here about the countries, visa fees and others is taken from different sources. Digit Insurance is not promoting or recommending anything here. Please verify the same before you book your tickets, apply for a visa, buy a travel policy or make any other decision.
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