To get a Golden Visa, one can apply for a visa by visiting the website of the Federal Authority for Identity and Citizenship (ICA) or contacting them on the toll-free number 600522222. Apart from this, they can also contact the embassies and consulates of UAE.
Boney Kapoor, who made films like Mr India and “Wanted”, and his family got a golden visa for 10 years. Earlier, Bollywood actor Sanjay Dutt has also got Golden Visa. That is why today we are telling you the important things related to it. The Golden Visa has been launched by the UAE’s Federal Authority for Identity and Citizenship (ICA). The UAE introduced the Golden Visa in the year 2019. According to the information given on the UAE government portal, the facility of Golden Visa has been launched for those who want to stay in the country for a long time. After this new system, people who come to UAE from other countries to live, work and study without any national sponsor, this visa is especially for them. The person obtaining this visa will have the facility to conduct his business in UAE with 100% ownership. After getting the visa, any person can live in Dubai or any city of UAE for 5 or 10 years. Golden visa will not even need renewal in this time frame and it will continue to be renewed automatically.
How to Apply- Individuals who want to apply for Golden Visa can contact through ICA website. Apart from this, one can also apply through the General Director of Residency and Foreigners Affairs (GDRFA), working under the Ministry of Foreign Affairs of the UAE. Where the application can be made only online through ICA, then GDRFA has both online and offline methods. Facility to apply from. Individuals seeking visas have to submit necessary documents and documents related to shifting their business to the UAE.
Visa up to 10 years – Investors can apply for a 10 year visa. The condition for this is that their income should not be less than one crore in UAE currency dirham. Applicants can apply in the form of investment fund or company. However, at least 60 per cent of the total investment should not be in the form of assets and the amount invested should not be lent. In case of property, investors should have full ownership.
Conditions Applicable- As per the rules, the investor should be able to sustain the investment for at least three years. This 10-year long visa can be extended to include business partners. Provided that each partner invests 1 crore dirhams in the business. Long-term visas can include the holder’s spouse and children, as well as an executive director and an advisor.
Necessary rules – Doctors, researchers, scientists and artists, people associated with such special talent can be given visa for 10 years after recognition given by their respective department and fields. Visa will also be given to their spouse and children. The rules for the five-year visa are largely the same for investors. The only difference is that the required investment amount is fixed at 5 million dirhams. High school and university students are eligible for a 5-year residency visa in the UAE.
It was started by the Vice President, Prime Minister and Ruler of the UAE, Sheikh Mohammed bin Rashid Al Makhtoum, for investors and businessmen. Dubai is the largest city in the UAE and it has suffered a lot due to the corona virus epidemic. Dubai has faced a shortage of tourists due to the pandemic. In view of this, in the year 2020, its use was approved for special degrees, doctors, scientists. Security will also be provided by the government to the persons who get the golden visa.
While issuing the visa itself, the UAE government had made it clear that it would provide security to expatriates, investors and those who are thinking of making the UAE their home in the coming times. The largest expatriate population in the UAE is of Indians. Of the population of 9 million, 30% of the population in the UAE are Indians who are doing business, jobs, studies there. According to reports, many Indians settled in the UAE have so far obtained golden visas.