How to Get a UAE Golden Visa Without a Sponsor?
The UAE Golden Visa offers an attractive pathway for foreign investors, allowing them to secure long-term residency without the need for a local sponsor.
This 10-year residency permit is particularly aimed at real estate investors, making it easier for them to live, work, and invest in the UAE.
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Understanding the Golden Visa
The Golden Visa is designed for individuals who own property valued at a minimum of Dh2 million. This property can be fully owned or mortgaged through a local bank.
Additionally, off-plan properties from approved developers also qualify, provided that payment evidence is available.
Step-by-Step Guide to Securing Your Golden Visa
The Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP) has outlined a straightforward eight-step process to help property owners navigate the application easily:
- Eligibility Check: Begin by submitting your information for an initial nomination to confirm your eligibility for the Golden Visa.
- Starting the Journey: Once eligibility is verified, you will receive updates at each stage of the visa journey, ensuring a smooth process.
- Visa Issuance: Upon approval, you will be notified and can proceed to the next steps.
- Cancellation of Existing Residency: If you currently hold a UAE residency visa, it must be canceled after initial approval to transition to the Golden Visa.
- Status Adjustment: The ICP will automatically update your visa status unless there are pending fines. If fines exist, you will receive a payment link.
- Medical Exam and Health Insurance: All applicants aged 18 and above must undergo a medical fitness test and secure a two-year health insurance plan. If completed through approved centers, the ICP will process your Emirates ID and residency automatically; otherwise, manual document uploads will be required.
- Biometric Enrollment: If necessary, you will schedule fingerprinting at a designated ICP center via a provided link.
- Emirates ID Delivery: Once all steps are completed, your Emirates ID will be delivered to your registered address.
Key Benefits of the Golden Visa
The Golden Visa not only provides long-term residency but also offers numerous advantages, including:
- A renewable 5- or 10-year residency permit.
- No restrictions on time spent outside the UAE.
- The ability to sponsor family members and an unlimited number of domestic workers.
- Assurance that family members can remain in the UAE even after the primary visa holder’s passing.
Conclusion
The UAE Golden Visa represents a significant opportunity for property owners seeking stability and flexibility in their residency options.
By following the clear steps outlined by the ICP, investors can seamlessly navigate the application process and enjoy the myriad benefits that come with this prestigious residency permit.
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