How to apply for the Dubai Golden Visa, UAE 2024

The Dubai Golden Visa offers a truly attractive opportunity to foreign nationals seeking long-term residence in the UAE. Created to attract investment and entrepreneurship, the UAE Golden Visa allows a renewable residency for a period of 10 years, enabling the visa holder to live, work, and invest in the UAE without requiring any national sponsor. This makes Dubai residency by investment an appealing option for many.

This guide will cover some of the essential eligibility criteria and documents required, outlining the steps to apply for a Dubai Golden Visa, and focusing on how to obtain one through property investment or a high-income salary.

What is the Dubai Golden Visa?

The Golden Visa was granted by the UAE government, giving the facility of long-term residency to the investor class, entrepreneurs, skilled professionals, and people making huge contributions to the economy. It gives residency in the UAE, apart from various other privileges such as family sponsorship, covering spouses, children, and even parents. Golden Visa opens avenues into banking and investments and offers a long-term stable stay in Dubai.

What is the Eligibility Criteria for the Dubai Golden Visa?

There are various ways to qualify for the UAE Golden Visa, but through our services, we assist individuals in acquiring it through;

1. Property Ownership: The applicant must own a property in Dubai that is valued at AED 2 million or more.
2. Salary: The applicant should have a minimum basic monthly salary of AED 30,000 or higher.
3. Bank Deposit: The applicant should have at least AED 2 million deposited in a local bank in the UAE.

These are the Golden Visa UAE requirements for residency by way of investment or income, and it proves to be a very lucrative passage to long-term residency. Many choose Dubai residency by investment to enjoy these benefits.

Benefits of Dubai Golden Visa

• 10-Year Residency: The Dubai Golden Visa allows for long-term residency in the UAE, which is renewable in the future.

• Family Sponsorship: You will be allowed to sponsor your spouse, children, and even your parents for residency.

• No Need for a Local Sponsor: This does not involve you having to get any national sponsor. That gives you more independence.

• Easy Travel and Business Setup: Visa holders will have access to easy travel to and from the UAE while accessing setting up businesses or bank accounts in Dubai.

Application Process for Golden Visa

Here is a step-by-step explanation of how to apply for a Dubai Golden Visa, whether through property ownership, high salary, or a bank deposit.

1. Own Property Worth AED 2 Million or More:

Among the easiest ways to get a Dubai Golden Visa is through an investment in Dubai real estate of at least AED 2 million. The applicant should be the sole owner of the property, which can be single or multiple properties, provided the combined ownership of all properties equals or exceeds AED 2 million.

In case your property is mortgaged, you need to obtain a no-objection letter from the bank that the amount paid is equal or exceeds AED 2 million.

2. Have a Basic Monthly Salary of AED 30,000 or Higher:

The Golden Visa is also extended to applicants having a basic income of AED 30,000 and above per month. This route is just perfect for employees who have high salaries, such as entrepreneurs and business owners, along with professionals. Such candidates will be required to submit documents as proof of earnings, which might be in the form of salary certificates and bank statements of salary account covering a period of 6 months. 

3. Retain AED 2 Million in a Local UAE Bank:

Another application can be made by maintaining a deposit in a bank in Dubai of an amount in excess of AED 2 million or more. This is the usual route for investors looking for financial security. You will be required to submit a bank statement to prove that the funds are in place.

Documents Required for Golden Visa Dubai

The following is a list of the documents you need to have when applying for a Dubai Golden Visa:

• Passport: A copy of your valid passport.

• Title Deed: Where application is done via ownership of property, attach an e-Certificate of Title or a Title Deed for each property.

• Proof of Income: If applying due to income, provide salary certificates and bank statements. 

• Bank Statement: In cases where the application is by deposit in the local bank, provide your bank statement as proof of deposit of AED 2 million. 

• Personal Photo: This should be a passport-sized photo.

• UAE ID: Attach a copy of your UAE ID in case you may have one.

• Residence Permit: A copy of your current UAE residence permit, if applicable.

For Property Owners:

• No-Objection Letter: In the case of a mortgaged property, it is necessary to obtain a no-objection letter from the bank. It should indicate that at least AED 2 million has been paid towards  the property.

Fast-Track Your Golden Visa (only in 48 hours)

While many service providers might take as long as several months in processing your application, we specialize in streamlining the process. Our dedicated team will ensure that the Golden Visa is issued in as little as 24 to 48 hours, provided all the documentation is in order. We fast-track the entire service to make sure you do not get stuck in avoidable delays or complications. Connect us for quick discussion.

Why Dubai is a Prime Destination for Golden Visa Holders

For those coming under the Golden Visa, Dubai itself is an amalgam of star-studded ingredients: flamboyant life, adequate reasons for business, and cosmopolitanism. From investment in real estate to starting a business or enjoying the high quality of living that this city has to offer, Dubai is considered an excellent choice for long-term residency.

The strategic location of the UAE, the tax benefits, and world-class infrastructure further contribute to making it an attractive place for investors and high-income individuals. The Golden Visa in Dubai will give you flexibility in living and investing in one of the fastest-growing economies in the world.

Conclusion

The UAE Golden Visa provides an easy and exclusive way to Emirati long-term residency for property investors, high-income earners, and those with adequate bank deposits. Avail of our service and get your Golden Visa in the fastest and most efficient way within 24 to 48 hours, and enjoy the perks of Dubai’s thriving economy and ways of living.

If you have eligibility criteria for property ownership, required basic income, or bank deposits, you are halfway to acquiring a 10-year renewable residency in the United Arab Emirates.