What are the eligibility criteria to apply for the Golden Visa?
When it comes to eligibility criteria to apply for the Golden Visa, it’s might differ from group to group. Here is what you need to know about the golden visa eligibility criteria.
Requirements For Investors
As an investor, there are a few things you need to keep in mind while applying for a Golden visa. Just cross-check if you’re fulfilling the following criteria:
1. Must have at least AED 10 million of public investment (Either as an investment fund or a company) for 10-years golden and AED 5 million for a 5-years visa
2. 60% of the total investment should not be in the form of real estate, loan or any kind of assets
3. Investors require to have 100% ownership
4. Being an investor, you need to hold the investment for a minimum of 3 years periods
In addition to entrepreneurs, people with specialized talents like doctors, researchers, scientists, Executive Directors, Educators (in priority fields), Sports, Ph.D. Holders, Engineers, investors, and artists can also apply for the golden visa. These individuals can receive a 10-year visa after accreditations are granted by their respective departments and areas and the visa will also be extended to their parents, spouses, and children if the graduate has the financial means to do so and is able to provide accommodation.
Requirements For Individuals with Outstanding Talents
Even individuals with outstanding talents can apply for Golden Visa. Yes, you heard it right. You don’t require to be an entrepreneur for it. So, if you hold a special talent in the fields of medical science, sports, various arts, and more, then too you can apply for the Golden visa. Scroll down to know a few of the important criteria:
1. Scientists: Accreditation by the Emirati Council of Scientists or must hold the Mohammed Bin Rashid Medal for Scientific Excellence
2. Artists: Accreditation by the Ministry of Culture and Knowledge Department
Although the aforementioned points are just a few criteria, it’s beneficial to seek advice from a management service for easy Golden visa processing.
Criteria For Students
Good grades might not buy you a castle, but they’ll definitely get you a Golden Visa of UAE. Dubai’s government allows academically sharp students a chance to explore their potential. So, they offer them a chance to relocate to UAE without any hassle. If you secured 95% grades or above in graduation, you’re eligible to apply for the Golden Visa.