Can holders of a UAE Golden Visa work in the UAE?
UAE Golden Visa work
The UAE Golden Visa is a long-term residency permit that rewards foreign nationals who have invested in the country. The program provides a host of benefits to holders, including professional freedom and the ability to work in other emirates in the UAE. Applicants can also enjoy discounts and offers on cars, property, education, healthcare, and banking services. Those interested in obtaining a UAE Golden Visa should know that there are several categories of eligibility, ranging from monetary investments to specialized skills and contributions to the nation.
The requirements for the UAE Golden Visa vary by category, but all applicants must meet certain minimum standards. In order to apply, a person must have a clean criminal record and a strong academic background. Additionally, the individual must be over 18 years old and have a sufficient amount of capital to invest in the UAE.
Individuals who wish to receive a UAE Golden Visa as an investor must deposit at least two million dirhams in an approved fund or own a business that generates annual revenues of at least two million dirhams. In addition, investors must fully own their invested capital and not loan it. Another way to obtain a UAE golden visa is to sponsor a family member who meets the required qualifications. Generally, a family member must be employed in the UAE, have a valid passport, and meet other financial criteria. A sponsor can be a spouse, children, parents, or siblings.
Can holders of a UAE Golden Visa work in the UAE?
Those who are interested in applying for a UAE golden visa as a creative individual must submit a recommendation letter from a reputable cultural or artistic entity. The visa is granted for a maximum of five years.
If you’re looking to secure a UAE Golden Visa as a researcher or scientist, you must have specialized skills that are relevant to the nation. Specialized talent is defined as researchers or scientists who are sponsored by an emirate government institution and have an accreditation from a UAE scientific council or Mohammed Bin Rashid Medal for Scientific Excellence, or creative individuals who have been accredited by the Ministry of Culture and Knowledge Development.
Individuals who wish to apply for a UAE Golden Visa as an entrepreneur must have at least two years of experience in their field of business. They must also own a business registered in the UAE, have significant financial contributions to humanitarian work, and have an international track record. The process of applying for a UAE Golden Visa can take up to six months, but it’s well worth the wait. A UAE Golden Visa will open up a world of opportunities, elevating your status and providing unprecedented access to the best that the UAE has to offer.
Individuals can apply for a UAE Golden Visa through the Federal Authority for Identity and Citizenship (ICA), or the General Directorate of Residency and Foreigners Affairs (GDRFA). ICA allows online applications, while GDRFA accepts both online and offline applications. In both cases, the application should be completed with as much detail as possible.