A UAE golden visa makes the visa-holder eligible to stay in any part of the country for a longer duration or be a part of the long-term residency program. There are various categories that make you eligible to apply for the golden visa. However, in this particular article, we will only focus on attaining a UAE Golden Visa as an innovator.
As stated on the official website of Dubai Future Foundation, the process to apply for this visa is pretty simple and straightforward. With that known, let’s learn a little more about the UAE Golden Visa designed for innovators, the benefits, eligibility and the application process.
What is the UAE Golden Visa for innovators?
The Golden Visa, in particular, allows highly-skilled professionals, innovators, entrepreneurs, investors, and exceptional talents to enjoy 5 to 10-year residency in any part of the UAE. This visa comes with several benefits that let you work, live, and invest in the UAE without having to get help from a local sponsor.
Eligibility criteria for attaining Golden Visa UAE
Particularly speaking about the Golden Visa eligibility for Innovators, you can check the details below:
- You are eligible if you have made a significant contribution in the sectors such as science, technology, and other creative fields.
- Also, if you have a proven track record of demonstrating innovation by developing new technologies, making significant discoveries, and holding patents.
- Demonstrate a track record of entrepreneurial ventures.
- Must have a reputation for their work which should be supported by international recognition or alike.
Benefits of having a UAE Golden Visa
Whether you are applying for Golden Visa Dubai as an innovator or from any other category, you are supposed to get the following benefits:
- Enjoy long-term residency- You get to enjoy 5 to 10 years of residency and get eligible for visa renewal as well.
- Local sponsorship is not required- You do not need to seek any sponsorship from any local individual or an employer to stay in the UAE.
- Sponsor immediate family members- Visa holders get the ability to sponsor the residency of their immediate family members such as spouses, parents, or children.
- Get entrepreneurial opportunities- After getting the visa, you get the option to set up and operate businesses without seeking support from a local partner and retain 100% ownership.
- Use innovation/research ecosystem- You also become eligible to get access to the UAE’s innovation hubs, advanced infrastructure, research institutions, and business incubators.
- Tax advantages- To enjoy a tax-friendly environment where you do not have to pay any income-tax or capital gain taxes, attaining a Golden Visa Dubai could be beneficial.
- Access to healthcare and educational facilities- You and your family get access to world-class healthcare as well as educational facilities.
Easy pathway to apply for the UAE Golden Visa as an Innovator
The process to apply for a UAE Golden Visa requires you to complete a few easy steps that are given below:
- Confirm your eligibility- Make sure that you meet the eligibility criteria before you begin the application process.
- Get ready with the documentation- This includes documents such as a passport, your personal ID, Proof of qualifications/ patents/ innovation certifications/ international recognition, business registration, partnership documents, and a medical fitness certificate.
- Fill and submit the application form- Go to the official application portal of the UAE government i.e. https://smartservices.icp.gov.ae/ and fill out the given application. Review it carefully and then submit it.
- Application evaluation and approval- After submission, your application is evaluated. If you meet the eligibility requirements, your application will get approved.
- Get your Visa- Depending on your application profile, you will get your Visa which will be valid for 5 or 10 years.
Concluding words
As stated in this article, the UAE Golden Visa Designed for Innovators comes with widespread benefits. If you are also planning to enjoy these benefits, then I am sure that referring to this guide will be helpful. Just make sure that you confirm your eligibility before heading to apply for the application. Also, make sure that you apply only on the official website or the registered offices to avoid any last-minute hassle.
