Introduced by the United Arab Emirates in 2019, the golden visa is a new system that provides long-term residence visas. It enables foreigners to stay, study and work in the country without mandating a national sponsor, with 100% control or ownership of a business in the UAE. By securing a five- or 10-years of residency, the golden visa can be extended not only for the applicants involved but also for their spouse, children, parents and dependents.
Read More: After Sanjay Dutt, Malayalam Actors Mammootty And Mohanlal Receive UAE Golden Visa
Criteria of Eligibility
- For investors, they have to invest a minimum of Dh 10 million (INR 20 lakh) and have to possess a property in the UAE worth not less than Dh 5 million.
- Entrepreneurs can apply for the coveted visa if they have an existing project in the country with a minimum capital of Dh 5 lakh.
- Students with promising scientific capabilities are also eligible for the 10-year visa. They can opt for a 5-year-visa as well.
- Not only students but also specialised talents and researchers in various fields of science can also apply for the golden visa.
- The scope of the visa has been broadened to include bright students and 1 lakh coders under the National Programme for Coders.
Recently, after Sanjay Dutt, Bollywood actor; and Indian tennis ace Sania Mirza and her husband Shoaib Malik, a Pakistani cricketer, Malayalam film stars Mammootty and Mohanlal have received the UAE’s golden visa.
If you also want to apply or nominate someone for the 10-year visa, you can apply for it using the Federal Authority of Identity and Citizenship (ICA) app. Here’s the process of applying for the visa:
- Download the ‘ICA UAE Smart’ app
- Start by selecting ‘Public Services’
- Click on ‘Nomination Application for Golden Service’
- Fill in data
- Attach the required documents
- Pay the fee
You will be charged around Dh 50 for the services. Your application is likely to be cancelled after 30 days if it is rejected due to inadequate documents and information.
After the submission of the required documents, you will receive an SMS as well as an email from the authorities concerned, confirming the receipt of your application and its progress.
