The Permanent Residency scheme for expatriates was launched by the Vice President, Prime Minister and Ruler of the UAE, Sheikh Mohammed bin Rashid Al Makhtoum in the year 2019. Commonly known as the UAE Golden visa, the UAE Long-Term Residency Visa, is a permanent resident visa that allows investors, entrepreneurs, professionals and specialised talents to live, work or study in the UAE without any financial sponsor. The UAE Golden visa scheme was started to motivate brilliant minds across all fields to become UAE residents. This category of Dubai visa not only enables foreigners but also their family members to settle in the UAE and enjoy the benefits of a permanent resident.
Also read: Dubai Visa Guide for Indian Citizens
While, the regular Dubai visa for residency is issued for a limited period of time, the UAE Golden Visa is issued between five (5) to ten (10) years. Eligible candidates can choose between a a “10-year UAE residency visa” and a “5-year UAE residency visa”. The Dubai residency visa gets renewed automatically without the need of reapplying / renewing for it.
Initially, the prestigious long term UAE Golden visa, tied to employment, was started for only investors and businessmen with the goal of getting foreign investment into the country. With time, the government made its visa policy more flexible by extending the Golden visa residency scheme to other occupations, in order to attract more talented expats, entice foreign business leaders, retain great minds and increase economic growth and productivity in the Gulf country. The biggest advantage of the UAE Golden visa is the freedom, security and flexibility that come with it. The UAE Government wants all those wanting to make the UAE their home, feel secure about their future.
Expatriates who can apply for UAE Golden Visa:
- Certain Professionals
- Specialised Degree holders in artificial intelligence, big data, or epidemiology and virology
- PhD holders
- Medical Doctors
- Engineers in the fields of computer engineering, electronics, programming, electricity and biotechnology
- Graduates from accredited universities with a GPA of 3.8 or more
- Entertainment Industry members such as actors, singers, directors etc.
- Outstanding Students with excellent grades or an average of at least 95 per cent in their general secondary certificate assessments or its equivalent, from either public or private schools.
Benefits of the UAE Golden Visa:
- Enjoy long-term residency up to 10 years in the UAE.
- Work, study and live in the UAE.
- No need of national sponsor.
- Get 100% business ownership.
- Flexibility and security. No stringent rules for expats.
- Auto renewability of the UAE Golden visa.
Also read: How To Apply For Dubai Visa Online
Where to apply for UAE Golden Visa?
Individuals interested in obtaining a UAE Golden visa can apply online on the ICA (The Federal Authority for Identity and Citizenship) website or through the General Directorate of Residency and Foreigners Affairs (GDRFA), which works under the Ministry of Foreign Affairs of the UAE. The GDRFA has both offline and online channels for Dubai Golden visa applications.
Our Founder, Chairman and Managing Director Mr. K. V. Abdul Nazar was honoured the Dubai Golden Visa of 10 years in September 2021. Mr Nazar’s greatest success story from a humble beginning in the year 1978 is known to all. Transforming a small-scale travel agency from a small 350 sq.ft office space into the global travel behemoth that it is today, Akbar Travels’ phenomenal success is on account of the vision and direction of Mr. K. V. Abdul Nazar. Today, the esteemed Akbar Group is a leading global travel company offering all travel-related services through its wholly-owned subsidiaries – Akbar Travels of India, Akbar Travels Online, Akbar Holidays, Akbar Forex, Akbar Car Rental, Benzy Travels & Tours, Benzy Holidays, Benzy Transport Corporation and many others. With offices in India, United Arab Emirates, Bahrain, Kuwait, Saudi Arabia, Qatar, Oman, Malaysia, USA, UK and Italy, the Akbar brand is a first choice for millions of travellers.
Other well known personalities and celebrities who have been granted the Dubai Golden Visa include actors Shah Rukh Khan, Sanjay Dutt, Mohanlal, Mammootty, Dulquer Salmaan, Indian Tennis champion Sania Mirza, sportsmen Cristiano Ronaldo, Novak Djokovic among others.
Please note: Information provided in this article is for the purpose of general information only.