UAE Golden Visa Program

The UAE Golden Visa Program is specifically designed for the Web3 Entrepreneurs Program, grants a 10-year Golden Visa to entrepreneurs in blockchain, fintech, and other key technology sectors. This initiative allows them and their families to live and work in the UAE while enjoying numerous benefits, including, fast-tracked processing, and the ability to sponsor dependents. By fostering a supportive environment for innovation and entrepreneurship, the UAE aims to attract global talent and investment, positioning itself as a leading hub for Web3 development and digital transformation.

UAE Golden Visa Program Benefits

Residency and Family Inclusion

  • Ability to sponsor dependents (spouse, unmarried children and parents)
  • Ability to sponsor up to 3 domestic helpers

Travel and Quality of Life

  • Allow the visa holder and their families to live and work in the UAE
  • Access to health insurance and freelance work permit
  • Personal UAE bank account
  • Visa-free travel to: Azerbaijan, Giorgia, Maldives, Nepal, Sri Lanka, Armenia, Malaysia, Thailand, Seychelles, Jordan, Kuwait, Laos, Macau, Mauritius, Montenegro, Oman, Qatar and Serbia

Ease of Access

  • Renewable 10-year Golden Visa
  • Fast processing, pre-approvals within 30 days
  • No minimum stay requirement in the UAE
  • Minimal documentation required
  • Preliminary approval without the need to travel to the UAE
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UAE Golden Visa Program Requirements

  • Be over 18 years old
  • Have no criminal record
  • Individuals from the blockchain, fintech, as well as other key industries are eligible to apply
  • Provide complete required documents
  • Visit Dubai to complete medical test and biometrics after the preapproval

Investment Requirements

Web3 Entrepreneurs Program

  • USD 50,000 for the main applicant
  • USD 1,600 ~ USD 1,900 sponsorship cost for each dependent (spouse, unmarried children and parents)
  • Freelance work permit upgrade to standard business license (optional): USD 1,500

UAE Golden Visa process

Processing time 1 Months

Due Diligence And Application

  • Submit initial documents including passport copy, photo, short bio, and other KYC information
  • Transfer of deposit payment and processing fees

Approval And Investment

  • Preliminary approval within 30 days
  • Travel to Dubai for medical tests and biometrics

UAE Residency

  • Issuance of UAE golden visa, freelance work permit, Emirates ID

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Frequently Asked Questions

What is the Dubai entrepreneur visa program?

This program is tailored for entrepreneurs and talent in the technology sector and other key industries. It provides access to a cutting-edge business ecosystem supported by RAK DAO (Digital Assets Oasis), with the goal of cultivating top-tier talent and enriching the local talent pool.

The Web3 Entrepreneur Program, in partnership with the government of Ras Al
Khaimah, also offers a significant benefit: access to a UAE Golden Visa. This highly sought-after 10-year residence visa allows successful applicants to live and work in the UAE without the need for a local sponsor or employer.

Who can apply for the web3 entrepreneurs golden visa?

Individuals who are professional in Web3 industries, including those with experience in blockchain and fintech, as well as experts from other key leading industries, are eligible to apply.

What are the benefits of the UAE Golden Visa for technology entrepreneurs?

  • Residency and Family Inclusion: The visa allows you to sponsor your spouse, unmarried children, and parents, as well as up to 3 domestic helpers.
  • Travel and Quality of Life: You can enjoy visa-free travel to several countries, including Azerbaijan, Georgia, Maldives, Sri Lanka, and many others.
  • No Minimum Stay Requirement: You are not required to stay in the UAE to maintain your visa.
  • Access to Health Insurance and Freelance Work Permit: You and your family can benefit from health insurance, and there is also the option for a freelance work permit.
  • Personal UAE Bank Account: The visa holder can open a bank account in the UAE.

Is there a minimum stay requirement to maintain the UAE Golden Visa?

No, there is no minimum stay requirement for holders of the UAE Golden Visa. This provides flexibility for entrepreneurs who may have international operations or frequently travel.

How much does it cost to apply for the Dubai residency by investment (Golden Visa)?

  • The investment for the main applicant is USD 50,000.
  • Each dependent’s sponsorship cost ranges from USD 1,600 to USD 1,900.
  • If you want to upgrade to a standard business license, the cost is USD 1,500.

These costs are significantly lower compared to other visa programs, making the UAE an attractive option for entrepreneurs.

What is the processing time for the UAE Golden Visa?

The processing time is relatively quick. Preliminary approval is given within 30 days, and the full residency visa is issued after completing medical tests and biometrics in the UAE.

Does the applicant’s family also benefit from the uae web3 golden visa?

Yes, the Golden Visa can be extended to include the sponsorship of spouse, unmarried children and parents who will enjoy the privilege of having the same 10-year long visa term. The cost to sponsor dependents ranges from approximately $1,600 to $1,900 for each dependent.

When can web3 golden visa applicants begin to sponsor family members?

Upon receiving their Golden Visa, successful applicants may begin the process of sponsoring family members.

Can web3 golden visa holders sponsor domestic helpers?

Yes, Golden Visa holders are permitted to sponsor up to three domestic helpers. Standard rules and regulations for sponsorship apply. The visa for domestic helpers is valid for two years.

Does this golden visa offer permanent residency and/ or citizenship?

No. The Golden Visa is a renewable 10-year residence visa in UAE. It does not lead to citizenship or act as a permanent residency.

What can people do with a freelance work permit in UAE?

A freelance work permit allows individuals to operate as self-employed professionals without a full-time employer or sponsor,

offering flexibility in work arrangements. a detailed list of activities can be found here.

Can I upgrade the freelance work permit to a standard business license?

Yes, upgrading to a standard business license with a wider range of activities costs approximately USD 1,500.

Can I open a bank account with the UAE golden visa?

Yes, upgrading to a standard business license with a wider range of activities costs approximately USD 1,500.

Can I work for a company in UAE and receive a salary?

Yes, with the UAE Golden Visa, you can be employed by a company, receive a labor card, and have your salary transferred to your bank account, subject to company approval.

Does having a golden visa in Dubai allow me to travel to other countries without obtaining a visa?

Yes. Azerbaijan, Giorgia, Maldives, Nepal, Sri Lanka, Armenia, Malaysia, Thailand, Seychelles, Jordan, Kuwait, Laos, Macau, Mauritius, Montenegro, Oman, Qatar and Serbia.

Does the web3 entrepreneurs golden visa fee include the cost of medical test and emirates id?

Yes, all costs are included in the program fee.

The applicant is currently residing in the uae and have existing residence visa via sponsorship or employment, do they need to cancel their current visa before proceeding with web3 golden visa?

Yes, the applicant must liaise with their sponsor to ensure that the existing visa is appropriately canceled once the golden visa approval comes through.

What are the requirements for medical insurance?

A one-year medical insurance will be provided together with the Golden Visa upon approval.

Under what terms would my web3 golden visa application be forfeited?

The application would be forfeited if the required document is not delivered within 30 days.

What happens if my godlen visa application is denied?

We will retain $2,000 for the government processing fee and return the rest of the program fee.

What is the payment schedule look like?

Applicant will need to pay 50% of the visa fee including processing fee when submitting documents. Upon preliminary approval, applicant will need to pay the remaining 50% of the visa fee.

How do I begin the process of obtaining the UAE Golden Visa as a blockchain or fintech entrepreneur?

  • Step 1: Submit initial documents, including your passport copy, photo, and a short bio.
  • Step 2: Pay the deposit for processing fees.
  • Step 3: Receive preliminary approval within 30 days.
  • Step 4: Travel to Dubai for medical tests and biometrics.
  • Step 5: Upon approval, receive your UAE Golden Visa, including the freelance work permit and Emirates ID.