How do I qualify for a Golden Visa in UAE?

To qualify for a UAE Golden Visa, you must fall into one of these categories: investors (minimum AED 2 million investment in real estate), entrepreneurs, exceptional talents, outstanding students, or humanitarian pioneers. Each category has specific criteria set by the UAE government.

What are the benefits of UAE Golden Visa?

UAE Golden Visa benefits include long-term residency (5-10 years), no need for a local sponsor, ability to sponsor family members, 100% business ownership in mainland UAE, and visa-free travel to numerous countries.

How much money is required for UAE Golden Visa?

For investors, the minimum requirement is AED 2 million (approximately $545,000) invested in UAE real estate. For entrepreneurs, a minimum capital of AED 500,000 is typically required. Other categories may have different financial criteria.

What are the disadvantages of a Golden Visa in the UAE?

While the UAE Golden Visa offers many advantages, potential drawbacks include high initial investment costs, stringent eligibility criteria, and the need to maintain investments for a specified period. Additionally, it does not guarantee citizenship.

How much is the 10-year Golden Visa in Dubai?

The 10-year Golden Visa in Dubai typically requires a minimum investment of AED 2 million in real estate. Additional costs include application fees, medical tests, and Emirates ID issuance, totaling approximately AED 5,000-6,000.

Can I apply for a UAE Golden Visa from outside the UAE?

Yes, you can initiate the UAE Golden Visa application process from outside the country. However, you may need to visit the UAE for biometrics and medical tests during the final stages of the process.

What are the new rules for UAE Golden Visa 2024?

The UAE Golden Visa rules for 2024 include expanded eligibility criteria, removal of the minimum down payment for real estate investors, and the ability to qualify with mortgaged properties valued at AED 2 million or more.

How to get UAE citizenship?

UAE citizenship is typically granted by birth or through naturalization after residing in the UAE for an extended period (usually 30 years). The Golden Visa does not directly lead to citizenship but can be a step towards long-term residency.

Which Golden Visa is the cheapest in the UAE?

The most affordable UAE Golden Visa option is typically the 2-year visa for real estate investment, requiring a minimum investment of AED 750,000 (approximately $204,000) in property.

How long does the UAE Golden Visa application process take?

The UAE Golden Visa application process can take anywhere from a few weeks to a few months, depending on the category and completeness of the application. Fast-track options may be available in some cases.

What are the tax benefits of holding a Dubai Golden Visa?

Dubai Golden Visa holders enjoy significant tax advantages. The UAE offers a tax-free environment for personal income, which is particularly beneficial for foreign entrepreneurs and investors. Additionally, there are no taxes on capital gains, inheritance, or wealth. When operating within Free Zones in Dubai, businesses can benefit from special tax and customs regulations, further reducing tax obligations. These tax benefits make the Dubai Golden Visa an attractive option for those looking to optimize their financial standing and maximize returns on investments.

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.

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