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UAE Golden Visa

12 Key Benefits of UAE Golden Visa

12 Key UAE Golden Visa Benefits All Business Setup. Corporate PRO, VISA Related Services: Contact Tycoon Documents, Dubai Apply Online Contact us The UAE Golden Visa is a game-changing initiative that offers long-term residency to foreign talents, investors, and their families. It goes beyond traditional visa offerings, providing a range of unique benefits, such as property ownership rights and no need for a local sponsor. The visa also grants access to top-tier healthcare and education facilities, along with tax-related advantages. This program is designed to attract skilled professionals and enhance the UAE’s growth and global presence. Let’s explore the top 12 benefits of the UAE Golden Visa and how it can transform your living and working experience. What is a Dubai Golden Visa? The UAE introduced long-term residency visas for specific groups. These visas are renewable and can last for 5 or 10 years, depending on the visa type. What’s more, residents and foreigners can obtain long-term visas without needing a local sponsor. However, renewals depend on certain conditions. Eligible individuals include investors, entrepreneurs, specialized talents, and others. The Golden Visa aims to attract and retain skilled professionals and entrepreneurs, with over 400 people already benefiting from it. 12 Key UAE Golden Visa Benefits Long-Term Residency The UAE Golden Visa offers up to 10 years of residency, much longer than standard visas. This allows individuals and their families to plan for long-term personal and professional growth, making it easier to set up businesses or advance careers. Property Ownership Privileges Golden Visa holders enjoy the exclusive right to own property in the UAE. They also benefit from lower mortgage interest rates, making property investments more affordable in the UAE’s thriving real estate market. No Local Sponsor Required Golden Visa holders do not need a local sponsor, offering greater independence for investors and entrepreneurs. This flexibility makes it easier to set up and manage businesses without restrictions. Family Sponsorship One of the most appealing aspects of the Golden Visa is the ability to sponsor family members under the same visa. This simplifies the process, allowing families to stay together without the need for multiple applications. Access to Career and Business Opportunities The UAE provides excellent infrastructure and opportunities for career growth and entrepreneurship. With the Golden Visa, holders have access to a business-friendly environment with state-of-the-art amenities. Tax-Free Personal Income The UAE’s tax policy exempts residents, including Golden Visa holders, from paying personal income tax, allowing you to keep more of your earnings from employment and investments. Multiple Entry Visa Golden Visa holders can freely enter and exit the UAE without needing to apply for a new visa each time, making it convenient for frequent travelers and families with international ties. Healthcare Access The UAE offers world-class healthcare services, and Golden Visa holders and their families can access these facilities with ease, ensuring a high quality of life and peace of mind. Educational Access The visa provides access to top-tier education for children, with discounts available for higher education. This makes the UAE an ideal place for families looking to provide the best education for their children. Esaad Privilege Card Some Golden Visa holders receive the Esaad Privilege Card, which offers discounts on a wide range of services like healthcare, real estate, and banking, adding extra value to the visa. Travel Benefits Golden Visa holders enjoy the benefit of being able to stay abroad for extended periods without losing their residency status, making Dubai a perfect home base for frequent travelers. Retirement Planning The Golden Visa is an excellent option for retirees looking to settle in a safe, luxurious, and culturally diverse city like Dubai. FAQs Q1. Who is eligible for a UAE Golden Visa?Eligible individuals include scientists, investors, athletes, entrepreneurs, startup owners, and those who have made significant contributions during crises. Q2. How long can Golden Visa holders stay outside the UAE?There are no restrictions on how long Golden Visa holders can stay outside the UAE. They are only required to visit once or twice a year to maintain their status. Q3. Can a UAE Golden Visa lead to citizenship?No, the Golden Visa does not offer a pathway to UAE citizenship. However, investors seeking citizenship can explore opportunities in European countries like Greece or Portugal. Q4. What are the main perks of a UAE Golden Visa?The perks include long-term residency, the ability to sponsor family members, and no requirement to stay in the UAE continuously. Q5. Is it possible to buy a Golden Visa in the UAE?Yes, foreign nationals can purchase real estate worth at least AED 2 million (about $545,000) to qualify for a 10-year Golden Visa. Q6. What is the minimum salary requirement for a UAE Golden Visa?For CEOs in the private or public sector, the minimum salary requirement is AED 50,000 per month, along with a bachelor’s degree and at least five years of UAE work experience. For more information on obtaining your UAE Golden Visa, you can consult TycoonDocuments for expert guidance. Call Us 24/7 971 56 993 1404/02 OR Get Your Consultation FREE! Request Appointment

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Golden visa for teachers

Dubai Introduced 10-Year Golden Visa for Teachers! Check Your Eligibility

Golden Visa: Newly Introduced 10-Year Golden Visa for Teachers in Dubai! Check Your Eligibility All Business Setup. Corporate PRO, VISA Related Services: Contact Tycoon Documents, Dubai Apply Online Contact us   Dubai’s Knowledge and Human Development Authority (KHDA) has announced the eligibility criteria and the date for teachers in private schools to start applying for the Golden Visa. Teachers can begin applying from 2024 October 15 for this special long-term visa. The Golden Visa for educators was introduced as a way to recognize and reward outstanding teachers who have made significant contributions to Dubai’s education system. The announcement was made on World Teachers’ Day, following an order from Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai and Chairman of The Executive Council. Purpose of the Golden Visa for Educators The initiative aims to honor teachers who demonstrate: Excellence and innovation in their work Dedication to shaping the future of Dubai through education Positive contributions to student success and academic achievement The visa is part of Dubai’s broader commitment to nurturing talent, investing in human capital, and celebrating the role of educators in inspiring and empowering future generations. The Golden Visa for educators will be valid for 10 years and is renewable as long as the eligibility criteria are maintained. Who Can Apply for the Golden Visa? The Golden Visa is open to various educational professionals working in private schools, nurseries, and universities in Dubai. Eligible roles include: School principals and school leaders Early childhood center managers Academic heads of higher education institutions (HEIs) Teachers (from both schools and early childhood centers) Full-time faculty members and senior administrative leaders at universities Eligibility Criteria To qualify for the Golden Visa, educators must meet certain criteria based on their roles: Teachers and Faculty Members: Exceptional academic achievements and contributions to innovation in education. Proven success in improving the quality of education at their institutions. Demonstrating a positive impact on student outcomes, such as academic progress or recognized qualifications. School Principals and Leadership: Must have improved the school’s Dubai Schools Inspections Bureau (DSIB) rating to at least “Good” or maintained/further improved it. Evidence of leadership impact, including positive feedback from students, parents, and staff. Recognition and awards, such as a prestigious education award or participation in grants, competitions, or fellowships. Proven contributions to community work through educational projects or partnerships. Higher Education Institution Leaders: Must hold an advanced degree (e.g., PhD, professional doctorate, or master’s) or relevant professional qualifications (e.g., CPA). Must provide evidence of research contributions, such as published work in reputable journals, research grants, and collaborations. Demonstrate leadership by improving student outcomes (graduation rates, academic progress). Application Process KHDA has outlined a multi-step process for applying for the Golden Visa: Nomination: The process begins with a nomination from the candidate’s educational institution. Interested educators should discuss their interest with the head of their institution. If the institution supports the application, it will nominate the educator through the KHDA’s e-Services system. Internal Review: The institution will form an internal committee to review all the nominations and ensure they meet the eligibility criteria. Submission to KHDA: Once reviewed internally, the institution will submit the applications to KHDA. KHDA will assess the applications and coordinate with other relevant entities to finalize the list of educators eligible for the Golden Visa. Approval: If approved, KHDA will notify the selected educators and provide them with instructions to continue the visa process through the General Directorate of Residency & Foreigners Affairs (GDRFA). Required Documents Candidates will need to provide colored scans of their original documents during the application process. Original documents may be requested at later stages for verification purposes. Application Fees The Golden Visa application fees are available on the official GDRFA website. The cost of the visa will typically be covered by the educator unless their institution has agreed to bear the fees. Application Timeline Application period: Mid-October to mid-December every year. Processing time: 45 working days from the submission of all required documentation. Sponsoring Family Members Once an educator receives the Golden Visa, they will also be eligible to sponsor residency permits for their family members (spouse and children), allowing them to stay in the UAE for the duration of the visa. Frequently Asked Questions (FAQs) 1. How do I start the application process? You need to express your interest to your institution, and they will nominate you through the KHDA system if they support your application. 2. What happens after my application is submitted? Your institution will review your application, and if it meets the criteria, it will be forwarded to KHDA for final approval. 3. Do I need to submit original documents? You can submit colored scans, but original documents may be required at a later stage. 4. Are there fees involved in the application process? Yes, the fees are outlined on the GDRFA’s official website. 5. My current visa is about to expire. Should I wait for the Golden Visa or renew my current visa? It’s recommended to renew your current visa to avoid any legal issues, as the Golden Visa application process may take time. 6. How long does it take to process the Golden Visa? The process takes about 45 working days after all documentation is submitted. 7. What happens if my application is approved? You will receive instructions from KHDA to continue the process through GDRFA. 8. Who covers the cost of the Golden Visa? KHDA only nominates candidates. The applicant or the institution will need to cover the visa fees unless there is an agreement that the institution will pay. 9. Can I sponsor my family if I get the Golden Visa? Yes, you can apply for residency permits for your spouse and children. 10. I’m under my spouse’s sponsorship. Can I still be nominated? Yes, as long as you have a valid KHDA teaching license. 11. Do I need to meet all the criteria to submit my application? The more criteria you meet, the higher your chances of being selected. 12. Can I

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