UAE Golden Visa

The UAE Golden Visa gives you a clear way to live in the UAE for the long term. It’s a good choice for anyone looking for stability and new opportunities in a safe and growing country.

Benefits of Choosing the UAE Golden Visa?

This visa gives you 5 or 10 years of residency in the UAE. You can live and grow your assets in the UAE. This makes life easy for you and your family.

  • Long Stay: Get a visa for up to 10 years. It can be renewed.
  • Family Joins You: Your spouse, children (no age limit), and even parents can be included. You can also sponsor domestic helpers.
  • No Sponsor Needed: You do not need a local sponsor. You have full control.
  • Tax Benefits: The UAE has no personal income tax. There is no tax on capital gains. Free Zone companies can also get 0% corporate tax.
  • Top Services: Access world-class healthcare and education.
  • Business Friendly: The UAE has a growing economy. It’s a great place to start or run a business.

Investment Options for UAE Residency

To get a UAE residency, you need to meet certain terms. The following are your options to obtain a Golden Visa for the UAE.

  1. Real Estate: Own property worth at least AED 2 million. This can be one or more properties. You can also buy off-plan property. This option gets you a 10-year residency permit.
  2. Public Investment:
  • Put at least AED 2 million into a UAE investment fund.
  • Start a company in the UAE with at least AED 2 million capital.
  • Be a partner in a company with shares worth at least AED 2 million.

Public investments can also get you a 10-year residency permit in the UAE.

  1. Entrepreneurs: Own a project with at least AED 500,000 capital. Or, get approval from a UAE business incubator. This path can lead to a Golden Visa for 5 years.

Investment Option

You have a few choices for investing:

  • Latvia Real Estate: Put at least €250,000 into a property in Latvia. You must own this property for at least five years.
  • Business Money: Invest €50,000 in a Latvian company. This company should have fewer than 50 workers and make less than €10 million each year. It also needs to pay at least €40,000 in taxes each year. If it’s a bigger company, the investment is €100,000. There’s also a €10,000 government fee.
  • Bank Deposit: Place €280,000 in a Latvian bank account for five years. A €25,000 government fee also applies.
  • Government Bonds: Buy government bonds worth €250,000. You must hold these for five years. There’s also a €38,000 government fee.

There is no set monthly income you need to prove. But you must show you have enough money to support yourself and your family. You must keep your investment for at least five years to keep your residency. Adding family members costs extra. These costs change based on the investment and how many family members you add. Usually, government and processing fees apply for each person.

The Process of Securing a UAE Residency

The process for the UAE residency has a few steps. We guide you through each one.

  1. Pick Your Category: Choose which Golden Visa type fits you best.
  2. Gather Documents: Collect all needed papers for your chosen path.
  3. Apply: Submit your application to the right UAE authority.
  4. Medical Check: Pass a medical exam in the UAE.
  5. Biometrics: Provide your fingerprints.
  6. Get Approval: Receive your Golden Visa approval.

The time to get the UAE Golden Visa can vary depending on various factors. It often takes 7 to 10 working days after full submission. Some cases might take up to 2 months.

Document Requirements

  • A valid passport
  • Passport-sized photos.
  • A medical fitness certificate from the UAE.
  • Clean criminal record from the UAE.
  • Proof of your chosen investment. This includes property title deeds or bank letters.
  • Proof of health insurance in the UAE.

Can the UAE Golden Visa Lead to Citizenship?

The UAE Golden Visa provides long-term residency. It does not directly lead to UAE citizenship. The UAE has its own rules for citizenship, which are usually strict.

Avoiding UAE Golden Visa Problems

Applying for the Golden Visa can have tough spots. We help you avoid common issues. These often are:

  • Wrong Documents: Missing or incorrect papers cause delays. We check everything.
  • Meeting Rules: Not fully meeting the exact rules for your visa type. We make sure you fit.
  • Clear Records: Any past visa issues or criminal records. We help you clear these first.

We handle all your paperwork and guide you to successfully obtain residency in the UAE. Book a consultation with VIP Nomads today to start your journey to the UAE.

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