Dear friends, Enterprise House, an audit boutique firm located in Dubai and Sharjah, is an independent member of FinExpertiza Global and Forum of Firms. Enterprise House Chartered Accountants represent FinExpertiza Global in Dubai and Sharjah, UAE under FinExpertiza UAE, FinExpertiza Dubai, FinExpertiza Sharjah, and FinExpertiza Abu Dhabi. We want to draw your attention to the current hotly trending topic in the UAE, acquiring a UAE Golden Visa.
In order to encourage business development in the country coupled with the desire to recognize and reward expats for their contribution to the country’s growth, the government has implemented a Golden Visa program wherein non-nationals could secure a long-term visa for a period of upto ten years.
Subject to fulfillment of specific criteria’s, a Golden Visa is issued to:
Persons qualified to register for a Golden Visa program would, on the basis their eligibility, be issued a Golden Visa either for a period of Ten (10) years or for a period of Five (05) years.
During the inception of the Golden Visa program, a Ten (10) year visa was issued to:
But of recent, the government of UAE has relaxed its requirements and has considered issuing a Ten (10) year visa to expats who have lower investments, e.g.:
Please note that the Owner/Partner must hold a valid Residence Visa in the UAE in each case.
At the time of inception of the Golden Visa program, a Five (05) year visa was issued to:
But recently, the government has considered issuing a Five (05) year visa to expats who have invested in real estate for a gross value of not less than AED 2 million subject to the property being situated in the UAE. The Owner/Partner must further hold a valid Residence Visa in the UAE.
Subject to additional requirements by the Ministry, an investor in public investments would be required to provide either of the following:
Subject to additional requirements, a real estate investor would be required to provide the following:
Subject to additional requirements, an entrepreneur must provide the following:
Thus in case, you feel you fall in the eligibility criteria and seek assistance to apply for the UAE Golden Visa program, we at Enterprise House would be delighted to assist and aid you in your journey to obtaining a Golden Visa in the UAE. We operate in UAE through our two offices in Dubai and one in SHarjah.