The UAE is committed to investing in the most valuable resource—people. It actively seeks to attract top talent, entrepreneurs, and investors through its innovative programs, one of which is the Golden Residency.

Golden Residency in the UAE plays a crucial role its strategic vision to strengthen its position as a rapidly rising Gulf nation, aiming to become a leading global destination for living and investment.

This forward-thinking government initiative offers a range of opportunities to its holders, providing numerous benefits in a country that is at the forefront of progress and business development.

In this article from Laryan Property, we’ll explore the details of the Golden Residency and the requirements for obtaining it for each eligible category.

Golden Residency in the UAE

The Golden Residency is one of the most significant types of residence permits in the UAE. It is a newly launched long-term visa program aimed at enhancing the investment environment and supporting economic development.

The Golden Residency is granted to individuals from various categories, including investors, entrepreneurs, scientific talents, and top students and graduates.

It is issued with a validity ranging from 5 to 10 years and is renewable without the need for a sponsor within the country. It allows the holder to work, invest, and study in the UAE.

Benefits of the Golden Residency in the UAE

The Golden Residency in the UAE offers numerous advantages, including:

1- Long-Term Residency

It allows residents to stay for up to 10 years without the need to renew the visa annually and without requiring a sponsor or guarantor.

2- Benefiting from a Stable Investment Environment

The UAE is one of the most stable global markets and provides a fertile environment for companies and entrepreneurs in the Middle East and around the world.

3- Eligibility for Family Members

Beneficiaries can include their family members (spouse and children) under the Golden Residency.

4- Property Ownership in the UAE

Golden Residency holders are granted the opportunity to own property in the UAE with ease.

5- Freedom of Movement within the UAE

Golden Residency provides the ability to move freely between the seven emirates without the need for additional permits.

6- Travel Outside the UAE

Golden Residency holders can stay outside the UAE for up to 6 months without affecting their residency status.

7- Hiring Workers

Golden Residency holders can sponsor an unlimited number of workers.

8- Continuation of Family Residency After the Death of the Primary Holder

Family members can remain in the country even after the death of the sponsor or Golden Residency holder.

Requirements for Golden Residency in the UAE

Each category of applicants has specific conditions that must be met to obtain the Golden Residency, as detailed below:

Golden Residency for Investors in the UAE

By owning property in Dubai or other emirates with a value of no less than 2 million AED, real estate investors in the UAE can apply for Golden Residency.

This requires submitting proof of property ownership from the Real Estate Registration Department, with verification that the property is not mortgaged.

Golden Residency for Entrepreneurs in the UAE

Entrepreneurs must present an innovative idea and a new project in the UAE with a financial value of at least 500,000 AED to qualify for the Golden Residency.

Golden Residency for Talented Scientists and Specialists

Applicants in this category must hold prestigious scientific degrees, such as senior doctors and scientists, or be involved in culture, arts, executive leadership, sports, or fields like engineering, software, electronics, big data, and more.

Golden Residency for Outstanding Students

Top students who have demonstrated significant academic excellence at UAE or international universities with a GPA of no less than 3.5, or high school students with a grade of no less than 95%, are eligible to apply for Golden Residency in the UAE.

Golden Residency for Humanitarian Pioneers

Candidates in this category must have contributed significant humanitarian or charitable services locally or internationally.

This includes members of international or local organizations, civil society institutions, and recipients of awards from charitable institutions.

Additionally, individuals who support charitable organizations within the UAE with donations of no less than 2 million AED may also be eligible for Golden Residency.

Frontline Workers

This includes individuals who made significant contributions to protecting public health during crises, such as the COVID-19 pandemic, including nurses, paramedics, lab technicians, and pharmacists, with a recommendation from the relevant authority.

How to Obtain Golden Residency in the UAE

The process of obtaining Golden Residency in the UAE involves basic steps according to different categories. The requirements depend on the category to which the applicant belongs, with real estate investment being one of the easiest and fastest ways. Below is a general overview of the requirements for each category:

Obtaining Golden Residency in the UAE for Property Investors

• A letter from the Real Estate Registration Department proving ownership of one or more properties with a value of no less than 2 million AED, and the property must not be mortgaged.
• Proof of residence in the country through homeownership or a rental contract.

Investors in General Investments

• A letter from an approved investment fund proving a deposit of at least 2 million AED.
• A valid commercial or industrial license, along with a company incorporation contract with a capital of no less than 2 million AED.
• A letter from the Federal Tax Authority stating that the applicant is an owner or partner who pays taxes of at least 250,000 AED annually.
• Full ownership of the capital without it being a loan, along with health insurance for the applicant and their family.

Entrepreneurs

• A letter from an auditor confirming that the project’s value is no less than 500,000 AED.
• A letter from the relevant authorities stating that the project is of a technical or futuristic nature and demonstrates leadership.
• A letter from an approved business incubator confirming that the project is innovative and has a futuristic nature.

Talented Professionals and Scientific Specialists

Doctors

Submit an official letter from the UAE Ministry of Health confirming your practice of medicine.

Scientists

Provide a recommendation letter from the UAE Council of Scientists or a letter from the Secretariat of the Sheikh Mohammed bin Rashid Al Maktoum Award for Scientific Excellence, verifying the applicant’s receipt of the Medal of Scientific Excellence.

Inventors

Submit a recommendation letter from the UAE Ministry of Economy validating the applicant’s innovative achievements.

Creative Individuals in Arts and Culture

Submit an official letter from the Ministry of Culture and Youth or the relevant emirate’s Department of Culture and Arts, confirming the applicant’s creative achievements.

In nutshell

The Golden Residency in the UAE is a wonderful opportunity for those seeking long-term residency in a country known for its economic and social stability, positioning the UAE as a top destination for living and investment.

If you’re considering obtaining Golden Residency through real estate investment in Dubai or are interested in buying property in the most prestigious communities and real estate developments, we are delighted to offer you a selection of prime properties from our portfolio.

Additionally, Laryan Property offers exceptional services before and after your purchase, ensuring a smooth and hassle-free experience in securing your ideal property.

We’ll guide you through every step, from selecting the right property to completing the legal processes for obtaining the residency that best fits your needs and budget. Contact us today to benefit from our free consultation and discover the best real estate solutions!

Edited by: Laryan Property©

Sources:UAE Government Official Portal