What are the very basic things but people need to know about the rules and regulations of the UAE Golden visa?

The golden visa system of the UAE will be very much successful in terms of offering long-time residency to investors and individuals with outstanding talent over here. Interested individuals can easily apply through the online platforms in this particular case so that they will be able to deal with things very efficiently.

Following are some of the very basic rules and regulations and requirements which people need to know about different categories of the Golden Visa UAE:

  1. For the investors: In this particular case people need to indulge in the deposit of at least 10 million worth of public investment in AED either in the form of an investment fund or a company. People need to be clear about it 60% of the total investment must not be in the form of real estate and the invested amount must not be based upon any kind of bank loan. Investors always need to assume full ownership of such assets. The investors must be able to retain the investment for a minimum of three years and this particular 10 yearlong Visa will be extended to include the business partners and provide every partner with the contribution of 10 million AED.
  2. For the specialised talented individuals: This category will include the researchers, scientists, investors, artists and doctors. These divisions will be granted a 10-year visa with accreditations granted by the respective departments and fields. The Visa will also be extended to the spouses and children.
  3. Eligibility of the five-year visa: The investor over here should invest into the property of a gross value of not less than AED 5 million. The amount invested should not be on a loan basis and the property should be retained for at least three years.
  4. For the entrepreneurs: This particular category will be including the people who will be having an existing project with a minimum capital of five lakh AED and those who have gained the approval of the business incubator in the country. The concerned person will be allowed a multi-entry visa for six months which will be renewable after every six months and the long-term visa will be including the spouse and children along with a partner and three executives.
  5. Outstanding students: The outstanding students with a minimum grade of 95% in the public and private secondary schools can be easily applied for it and university students within and outside the country having a GPA of at least 3.75 upon graduation can go with the option of applying for this particular type of visa.

Following are some of the very basic benefits of the golden Visa UAE:

  1. This Visa will help in providing people with accessibility to the long-term residency of more than five years in the UAE.
  2. People will be able to enjoy the perfect sense of security about their future in this particular country
  3. People can very easily live, work and study in the UAE
  4. Everybody will be having accessibility to the hundred per cent of ownership of businesses in the mainland of UAE
  5. There will be no need to look for a national sponsor in this particular case if they are eligible.

The cost estimates are:

  • The cost will be 4850 AED and people need to add 150 AED for the application cost and 1000 AED for the issuance. So, in total, the cost will be 6000 AED.
  • The duration of the five-year tenure Visa will be decided by the UAE government.

Hence, being clear about the technicalities of the Golden Visa UAE is important so that people can significantly visit the future museum of Dubai without any kind of chaos or stress element in their minds.