Is There a Processing Fee for the UAE Golden Visa?

Processing Fee for the UAE Golden Visa

There is no definitive answer to this question as it depends on the visa category one chooses, and each category comes with different requirements. As a general rule, however, the UAE Golden Visa requires a substantial investment of capital that is kept in the country for three years or more without any loans. Applicants are also required to take out health insurance for themselves and their family upon applying. The UAE is known for its robust banking sector, which can offer a number of wealth management services to high-net-worth individuals.

Moreover, the UAE Golden Visa provides investors with access to its thriving economy and robust real estate market. It also offers a safe haven for foreign investors, given the government’s strong regulation and oversight of the financial sector. As a result, the UAE has become an international center for wealth and asset protection.

Investors can apply for the UAE Golden Visa if they have invested in a property or a combination of properties valued at over 2 million AED. Additionally, they must make a minimum annual contribution of no less than AED 250,000 to the government.

Is There a Processing Fee for the UAE Golden Visa?

Individuals who choose to invest in a business or company can also apply for the UAE Golden Visa. They must have a business idea or project that is deemed innovative and of a technical nature, and it must be endorsed by an auditor in the UAE. In addition, investors must also obtain a letter from the Federal Tax Authority to show that they are paying the required amount of money to the government.

Specialised talents can also apply for the UAE Golden Visa if they meet certain criteria. These include doctors, scientists, and creative individuals in culture and art. They must also have accreditation from their respective fields and departments. Additionally, specialised talents can sponsor domestic support service staff without restrictions, and they can include their children and spouse in the application.

Besides that, they must have a Bachelor’s degree and at least five years of experience in their field of expertise. Exceptional coders can also qualify for the UAE Golden Visa if they are highly skilled and have a track record of success.

Once all the necessary documents have been prepared, the applicant can then submit them at an Amer office or any other designated government service center. After the submission, the applicant will be notified of any missing information or documents, which they must then provide within 30 days. If they are successful in submitting all the documents, they will be granted their UAE Golden Visa and can start living in the UAE. The entire process can take between 72 hours and 30 days, depending on the chosen category of visa. If you already have a residence visa in the UAE, you must follow the procedures to cancel it before proceeding with the Golden Visa. This will help to avoid any problems with the UAE immigration process.

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