If you have a high income, then the United Arab Emirates (UAE) is the place for you. The country’s Golden Visa Program makes it possible for those with a high net worth to get residency in the UAE and enjoy many privileges as well. However, to be eligible for this program, you need to fulfill a few conditions first. The Golden Visas program of the UAE allows non-citizens with an annual income of at Arab Emirates dirhams-per-year (AED-PY) of at least AED 200,000 (USD 50,000). Furthermore, you cannot own any properties in other countries as part of this requirement.

How to Apply for Golden Visa in the UAE

To apply for residency in the UAE via the Golden Visas program, you will need to follow these steps. Before applying, you need to have an annual income of at least AED 200,000 (USD 50,000). When you have fulfilled these conditions, apply for the visa via the UAE’s consulate in your home country.

After you have done that, you will have to provide detailed information regarding your application such as your name, address, economic status, details regarding the residence visa application and the supporting documents of all sort. At the same time, you will have to pay the visa application fees.

Who can Apply for Golden Visa in the UAE?

To be eligible for the Golden Visas program in the UAE, you need to fulfill the following conditions. The income requirement is AED 200,000 (USD 50,000) per year.

– You should not be a citizen of any country.

– You should not be a citizen of any country.

How to Register for Golden Visa in UAE?

You can register for the UAE Golden Residency program via the National Committee for Residency and Foreigners.

To register, all you need to do is visit this website and follow their process to apply for residency in UAE. After you have registered, you can start the process of applying for the UAE residency via the Consulate of the UAE in your home country. In order to do so, you will have to provide detailed information regarding the application and receipt of all the supporting documents.

Once you have done that, you will have to register in the Consulate as well and provide your details. Once you have registered, you will then have to wait for the final decision regarding your residency visa. At the same time, you will have to submit the application fee.

What are the Benefits of Residency for Golden Visa Holders?

Once you have obtained the Golden Visas in the UAE, you will be able to register yourself as a resident.

At the same time, you will enjoy all the benefits of living in the UAE such as the access to the healthcare system, education system, financial system and many more. Furthermore, you will also have the right to work in the UAE.

To Apply for Residency, You Must Know the Locality and Location Requirements

After you have applied for the Golden Visas in UAE, you will need to move to the country and live there for at least 5 years. When you have obtained the residency in the UAE, you can then apply for the permanent residency.

After you obtain the residence visa in UAE, you will have to settle in the country permanently. The authorities in UAE have certain conditions that you need to follow. To be eligible, you need to apply for a residence permit which is valid for at least 5 years.

When you apply for the residency, you will have to provide your personal details such as name, address, date of birth and many more. In addition to that, you will have to submit the application fee and the documents that certify your financial status, employment and education.

Conclusion

The UAE Golden Visas program makes it possible for those with a high income to get a residency permit without having to own any properties in the country. After you have obtained the residency, you can register yourself as a resident and enjoy all the benefits of living in the UAE such as healthcare system, financial system and the access to the education system.