A Golden Visa is a residence permit that lets you and your family live and work in a particular country. It’s typically given to foreign investors, entrepreneurs, or skilled professionals who can contribute to the country’s economy.
Dubai has its own Golden Visa program. But the question is, can you get a Golden Visa by setting up a company in a Dubai free zone? Yes, but your options will depend on the specific free zone you select.
Freezone eligibility:
Many trade areas allow you to apply if your business value is high. A person can apply if their share in the firm meets the minimum 2 million dirhams mark. This applies to those who set up within the IFZA Free Zone as well. A certified audit report is needed to confirm this value to the authorities.
Golden visa basics:
This long term permit allows you to live and work without a local sponsor. It offers peace of mind for you and your family. For business owners, it usually requires a total investment of 2 million dirhams. You can reach this amount through company capital or by holding shares in a firm.
Professional categories:
You do not always need a large investment to qualify. Highly skilled workers in these areas can also apply. This includes doctors, scientists, and managers with high salaries. If you earn at least 30,000 dirhams monthly and have a degree, you might be eligible for this long term stay.
Family benefits:
One major perk is the ability to bring your loved ones. You can sponsor your spouse and children for the same duration. There is no age limit for children under this specific program. This makes it a great choice for those wanting a stable home life in a safe environment.
Audit and documents:
To start the process, you must gather your papers. You need a valid trade license and a bank statement. An approved auditor must sign off on your financial standing. Once these documents are ready, you can submit your request through the official portals.
Renewal and stay:
This permit is valid for ten years and is easy to renew. You can stay outside the country for long periods without losing your residency. This flexibility is rare and highly valued by international business owners who travel for work.