UAE Golden Visa for Entrepreneurs – How to Qualify & Apply

 The UAE has established itself as a global business hub, attracting entrepreneurs from around the world. To encourage investment and innovation, the UAE government offers the Golden Visa, a long-term residence visa designed to provide security and exclusive benefits to foreign business owners and investors.

What is the UAE Golden Visa?

The Golden Visa is a prestigious long-term residence permit designed to attract and retain global talent, investors, entrepreneurs, and highly skilled professionals. Unlike standard residency visas, the Golden Visa grants an extended residency period of 10 years, offering recipients greater stability and freedom to expand their professional and business endeavours. This visa is particularly beneficial for investors, business owners, and innovators seeking to establish or grow their presence in the UAE’s thriving economy.

UAE Golden Visa Benefits

The UAE Golden Visa for Entrepreneurs comes with a multitude of benefits that enhance their business prospects and personal lifestyle in the UAE:

• Long-Term Business Stability

The Golden Visa UAE for investors and entrepreneurs provides long-term security, allowing them to focus on expanding their business operations without frequent visa renewals.

• 100% Business Ownership

Golden Visa holders can enjoy full ownership of their business in the UAE without the need for a local sponsor, offering greater control and financial independence.

• Enhanced Mobility

Unlike standard residency visas, Golden Visa holders can stay outside the UAE for more than six months without affecting their residency status, enabling them to travel freely for business expansion.

• Family Security & Sponsorship

Entrepreneurs can sponsor their families, including spouses and children of any age, ensuring their loved ones benefit from the high-quality lifestyle, education, and healthcare in the UAE. If the primary Golden Visa holder passes away, family members can remain in the UAE until the end of their residence permit. Additionally, they can sponsor an unlimited number of domestic helpers. 

• Access to a Thriving Business Environment

The UAE offers a tax-friendly environment, world-class infrastructure, and access to global markets, making it a highly favourable destination for entrepreneurs and startups.

Golden Visa UAE Eligibility for Entrepreneurs

Entrepreneurs can qualify for the Golden Visa under specific conditions. To be eligible, an applicant must fulfil one of the following criteria:

• SME Ownership with Revenue Requirement

1. The entrepreneur must be the owner or partner of a pilot project registered in the UAE.
2. The startup must be classified under SMEs (Small and Medium Enterprises) in a sector accredited by the Ministry of Economy or relevant local authorities.
3. The business must generate an annual revenue of at least AED 1 million.

• Approval from Business Incubator or Economic Authorities

1. Entrepreneurs can also qualify if they receive approval from a certified business incubator, the Ministry of Economy, or relevant local authorities to establish a business in the UAE.

• Previous Business Sales of Significant Value

1. The UAE entrepreneur must be the founder of a previous startup that was sold for at least AED 7 million.
2. This must be verified and approved by the Ministry of Economy or relevant authorities.

• Health Insurance Requirement

1. The applicant must have comprehensive health insurance for themselves and their family, effective at the time of application unless otherwise specified by local authorities.

How to Apply for the UAE Golden Visa

Applying for the UAE Golden Visa for business has been made simple with the 'One Touch' Golden Visa Service, which streamlines the entire process and assists in the application and renewal process. Entrepreneurs can apply through the Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP) via the ICP website or app.

Simplify the Golden Visa Process with AMCA

Navigating the UAE Golden Visa requirements can be complex, requiring meticulous documentation and approvals. At AMCA, we specialize in assisting entrepreneurs with seamless visa processing, ensuring compliance with all requirements. Our experts provide end-to-end guidance, from document preparation to final approval.

Get in touch with AMCA today to secure your UAE Golden Visa and unlock a world of business opportunities in the UAE!

Contact us now to start your application!