Who does not dream of living, studying or working in a country like UAE? The Golden Visa Initiative of the United Arab Emirates in 2024 is indeed a golden opportunity for foreigners to enter the UAE for the purpose of study, work, or residency. And it comes with numerous benefits. The UAE has always laid its focus on attracting talent and investment. This new opportunity has been introduced to lure talented people from all across the globe by offering long-term residency permits which are further renewable for five to ten years. The plus point is you don’t even need a local sponsor this time. Stay tuned as this article will provide you with all the details of the UAE Golden Visa Opportunity and its eligibility criteria.
Jitendra Business Consultants help you achieve your goal of living in the UAE. Our PRO services will allow you to obtain the type of permit you want to live, work or study in the UAE. Our PRO experts will guide you on how you can be eligible to benefit from the UAE golden visa opportunity. We will also share other available options with you.
Eligible Categories for UAE Golden Visa in 2024
The following categories of foreigners can be eligible for obtaining a golden visa in UAE;
1. Entrepreneurs
Those entrepreneurs who are owners of startups or businesses involved in future development or technical side. The value of the projects should be 500,000 AED at least.
2. Investors
Those investors who want to invest in business, real estate, or public investments. For instance, if you want to invest in real estate with your property worth two million AED or more, then you can apply for a residence visa which is renewable for ten years.
3. Intelligent Students
- University students who secured an effective GPA of 3.5 or more from an A or B class university.
- High school students who are toppers in their countries with a minimum score of 95 per cent.
4. Heroes
- Frontline icons include approved cadres, pharmacologists, lab technicians, medical assistants, nurses, etc.
- Frontiersperson of humanitarian services that are employees or members of public interest institutions, civil associations, and international organisations.
5. Talented People
- Athletes that are recommended by the sports council or sports authority of the country.
- Engineering or scientific field specialists who have a master’s or bachelor’s degree along with a job experience certificate.
- Executives who have at least a bachelor’s degree, a minimum of five years of experience and a previous job salary of fifty thousand dirhams at least.
- Creative minds from the art and culture field who have approval from the art and culture department of the country.
- Inventors who own a patent which significantly contribute to the economy of the country.
- Scientists who are recommended by the Mohammed bin Rashid Academy of Scientists or Emirates Scientists Council.
- Doctors approved by the Ministry of Health and Prevention.
How to apply for UAE Golden Visa 2024?
Following are the steps involved in the application of UAE Golden Visa 2024;
- For online applications, visit the ICP (Federal Authority for Identity, Citizenship, Customs, & Port Security) or the government portal.
- Find the application form and fill it out.
- Attach the required documentation which will be in accordance with the applicant status as per the eligibility criteria;
- A bank statement, passport, and investment proof for an investor.
- Passport, proof of assets, business plan for an entrepreneur.
- Proof of work for frontiersperons and humanitarians.
- Transcripts, certificates and passports for students.
- Experience letters, degrees, certificates, and passports for talents.
Benefits of UAE Golden Visa Opportunity
- No taxes on individual income.
- Minimum stay conditions less than before.
- Visa renewable for up to ten years.
- Availability of sponsorship for family and helpers.
- Local sponsors not needed.
Why Choose Jitendra Business Consultants?
The reason why you should choose JBC is because we have an experienced and qualified team of PRO service providers, we offer our services at reasonable rates, and our services are reliable. Our PRO service providers know how to obtain approvals quickly from government authorities. They keep an eye on the latest trends and serve clients likewise. Contact our expert PRO providers to learn more about UAE visas and eligibility criteria.
