10 Year UAE Golden Visa
UAE offers a 10-year residency visa for investors. Expats can now apply for 10 years, Gold Card. Long-term visa holders can remain outside the country for as long as they wish.
Eligibilities or Requirements for obtaining a 10-year visa
At least one of the conditions below must be fulfilled:
- A deposit of up to Dh10 million in an investment fund in the UAE.
- Owner of a company with Dh10 million in capital or a partner in a company with a share of up to Dh10m.
- Or Property/assets for the equivalent amount
Non-Residents can also apply for a 10-year UAE visa
Foreign investors, businessmen, and individuals with “exceptional talents and skills” can apply for the 10-year Gold Card residency scheme as long as they meet the requirements set by the government.
Green Visa is the latest category of resident visa announced by the UAE. It was announced as part of the ‘Projects of the 50’, a series of developmental and economic projects commemorating the UAE’s 50th anniversary and aiming to accelerate the UAE’s development and consolidate into a comprehensive hub in all sectors and establish its status as an ideal destination for talents and investors.
Green Visa, like the Golden Visa, gives self-residency status to holders. It distinguishes between work permits and residencies. That means, the residence permit is not linked to a company work permit. The self-residency visa will be sponsored by employees themselves, not their companies if they are employed.
Who is eligible for the Green Visa?
With Green Visa, the self-residency status has been further expanded to investors, entrepreneurs, highly-skilled individuals, top students and graduates. Those running Small and Medium Enterprises, scientists and other talented people will also be considered.
What are the benefits of the Green Visa?
- Sponsorship of children until the age of 25 (instead of 18 previously)
- Sponsorship of parents
- Extension of the grace period for leaving the country upon job loss or retirement to 90 to 180 days (instead of 30 days previously).