Overview - Golden Visa in Dubai

Dubai is one of the most attractive destinations for investors and entrepreneurs looking to establish a business and obtain residency in the United Arab Emirates (UAE). One of the most popular options for obtaining residency in Dubai is through the Golden Visa program.

The Golden Visa program was introduced by the UAE government in 2019 to attract foreign investment and entrepreneurs to the country. It allows individuals to obtain long-term residency in the UAE in exchange for investing in the country's economy.

Here are the steps to obtain a Golden Visa in Dubai:

Step 1: Meet the eligibility criteria

To be eligible for a Golden Visa in Dubai, you need to meet certain criteria. You should be at least 18 years old, have a valid passport, and have a clean criminal record. Additionally, you should have a source of income, either through employment or a business, and be able to invest in the UAE.

Step 2: Choose the right investment option

There are several investment options available for obtaining a Golden Visa in Dubai. You can invest in real estate, a business, or a fund. The minimum investment amount varies depending on the option you choose.

For example, to obtain a Golden Visa through real estate investment, you need to purchase a property worth at least AED 1 million (approximately $270,000). If you choose to invest in a business, you need to invest a minimum of AED 500,000 (approximately $136,000).

Step 3: Apply for the visa

Once you have chosen the investment option, you need to apply for the Golden Visa. You can apply through the General Directorate of Residency and Foreigners Affairs (GDRFA) or through a government-approved company.

The application process typically involves submitting the required documents, such as a copy of your passport, proof of investment, and a medical certificate. You may also need to undergo a security clearance.

Step 4: Receive the visa

If your application is approved, you will receive a Golden Visa that allows you to live and work in the UAE for a specific period. The duration of the visa depends on the investment option you choose.

For example, if you invest in real estate, you can obtain a renewable 5-year residency visa. If you invest in a business, you can obtain a renewable 10-year residency visa.

In conclusion, obtaining a Golden Visa in Dubai is a great opportunity for investors and entrepreneurs looking to establish a business and obtain residency in the UAE. By following the above steps, you can obtain a Golden Visa and enjoy the benefits of living and working in one of the most vibrant and dynamic cities in the world.