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+971 56 304 6464
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With each passing day, the United Arab Emirates (UAE) is becoming a tax haven for businesses. Businesses worldwide are starting to understand the benefits UAE has to offer. One of those key benefits is the Golden Visa.
+971 56 304 6464
Usually, visa holders are required to get a UAE national to sponsor them during their visit to the UAE. Apart from tourists, individuals who wish to work or acquire education in the country must get a sponsor. However, a golden visa allows individuals to avoid all that. They can easily live, work, and study in the UAE without needing a sponsor.
To become eligible for a UAE golden visa, you need to fall under any of the following conditions:
Individuals who aim to invest in the UAE or UAE-based businesses are eligible to apply for a golden visa. This helps ensure that you contribute to the economy of the country productively.
Professionals who have significant contributions in their respective fields of study such as doctors, engineers, etc., can also apply for a golden visa.
High-achieving students in the UAE secondary schools as well as universities can get the golden visa. In addition to that, students from prestigious universities around the world can also take advantage of the opportunity.
Sharp minds with a drive to build successful businesses are highly demanded by the UAE government. Thus, to provide them with benefits, the government has made them eligible for a golden visa.
Humanitarian workers as well as individuals who have provided exceptional services during crisis management are among the individuals eligible for the golden visa.
Similar to other professions, Executive Directors also get importance when it comes to golden visas. To become eligible, you need to have a proven leadership experience in a reputable company. Additionally, by proving your role in the growth of the company you can improve your chances of getting the visa significantly.
The UAE is giving special focus to individuals with a background in science and engineering. The government aims to increase innovation in the country by providing special amenities to highly qualified and talented individuals. If you have an educational background in science or engineering and have a proven proven work record in a UAE-recognized company, you can apply for a golden visa.
Every country gives importance to its cultural heritage. The UAE government is also seeking help from cultural professionals and artists to promote its culture. If you are also an artist, UAE is the right place for you.
Excellence in each avenue is what the UAE is aiming for. Give a boost to your sports journey by availing of the golden visa and helping boost the UAE sports industry.
The process for applying for a golden visa is fairly simple. The entire process can be followed in the steps listed below:
Identify whether you are eligible for the golden visa. This can be easily done by checking the eligibility conditions mentioned above.
Ensure the availability of all the documents required for the visa for example: academic certificates, proof of investment, etc. The required documents may vary depending on the category of visa you wish to apply for.
Apply online through the designated online portals such as Dubai’s General Directorate of Residency and Foreigners Affairs (GDRFA).
Upon approval, complete biometric verification and perform all the required medical tests. You may also be required to provide additional information by the visa officer which must be provided to get the approval.
Although the process is not complex by any means, your application can potentially be rejected due to errors. Thus it is always recommended to hire the help of a professional. Finchoice Solutions is an accounting firm in Dubai with adequate experience in the industry. Allow our professionals to help you through the process to ensure success.
Golden visa holders have a lot of benefits that normal visa holders may not have access to. They include but are not limited to the following:
Depending on the category of your visa, you may be allowed residency for up to 10 years. The visa is renewable which means you can easily get it renewed before the set expiry date.
Contrary to normal visa holders, golden visa holders are not required to get a sponsor. This allows them to conduct business freely.
Although it may not apply to each category, some golden visas allow their recipients to sponsor their families. Consult our professionals to find out the eligibility conditions for complete family sponsorship.
Golden visa holders may be eligible for special discounts on health and education. Such benefits are not available to individuals in possession of normal visas.
Golden visas also allow their holders to move in and out of the country freely. This opportunity allows them multiple entries which may be crucial for business owners, etc.
Individuals in possession of the golden visa are also exempt from taxes on their personal income. This benefit alone makes the golden visa very attractive to people all around the world.
Getting discounts on products and services is a great attraction for people. Well with the golden card, you also get access to the Esaad privilege card. This card allows its holders to get discounts on multiple products and services such as healthcare, etc.
With the help of the golden visa, you not only get discounts but also get special access to some of the most exclusive clubs in the UAE. With VIP access, you can enjoy a luxurious experience exclusive only to the golden visa holders.
Golden visa also gives the benefit of working freely without any employment restrictions. You can easily switch jobs and are not limited to a single employer. Additionally, you can also start a business without having to re-apply for the visa.
By getting a golden visa, holders can freely purchase property and have the right to own it on a freehold basis. This increases the chances of getting better investment returns through rental income, etc., aiding in a better financially secure future.
It is common among several individuals to experience delays while applying for their golden visas. This is caused due to errors that delay the process and can even result in possible suspension. Fortunately, Finchoice Solutions is a UAE-based company that helps individuals successfully obtain their golden visas. We are a financial company with a wide range of services that can help businesses sort out all of their financial problems. Say goodbye to long application processes. With our help, you can fast-track the application process by implementing the best practices. So wait no further. Get in touch with us today to get the best services in the UAE.
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