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SFM IN PRESS

Major Change in U.A.E : the introduction of the Unemployment Insurance.

19 May 2022

It will be open to all workers regardless of nationality - according to Abdulrahman Al Awar, Minister for Human Resources and Emiratisation [..]

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What is the UAE Golden Visa and How Does It Work?

5 April 2022

Since the United Arab Emirates introduced its Golden Visa, many foreigners have applied to live and work in the UAE. If you’re interested in taking advantage of this scheme, understand that it comes with some strict application criteria which may make acceptance difficult. [..]

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UAE GOLDEN VISA

Long term UAE residency

What is the UAE’s Golden Visa?

The Golden Visa is a long-term residency that enables investors, business entrepreneurs, executive professionals, and foreign talents to live and work or study in the UAE for up to 10 years. The golden residency scheme is renewable and reserved for certain categories ranging from investors to professional individuals with exceptional talents.

 

Why choose the UAE Golden Visa?

  • A long-term, renewable residence visa valid up to 10 years
  • No requirement of national sponsor
  • The ability to sponsor family members, including parents, spouses and children regardless of their age
  • The ability to sponsor an unlimited number of domestic helpers
  • The automatic conversion of foreign driving license to a UAE driving license
  • The ability to stay outside the UAE for more than the usual period of six months

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Who is entitled to apply for Golden Visa?

 

INVESTORS

If you are an investor and planning to invest in the UAE, you may be granted a 10-years UAE golden visa subject to the following conditions:

  • Submission of a letter from a UAE bank stating that the investor has a fixed deposit of AED 2 Million to be held for at least 2 years
  • Submission of a valid commercial license or industrial license and a memorandum of the association stating that the investor’s fixed capital is not less than AED 2 Million or,

DOCUMENTS REQUIRED:

  • Having a fixed deposit of AED 2 Million for a period of 2 years.
  • Owning a Valid commercial license or industrial license and a memorandum of the association stating that investor’s fixed capital is not less than AED 2 Million ( if applicable)
  • Passport copy
  • Current visa & Emirates ID copy (if available)
  • Valid health insurance
 

REAL ESTATE INVESTORS

If you own a property or group of properties, you may be granted a 10-years UAE golden visa subject to the following conditions:

  • Owning fully paid property(ies)in Dubai of at least AED 2 million, one or multiple properties can be combined or
  • Owning property(ies)with a loan from specific local approved banks by the competent local entity.

DOCUMENTS REQUIRED:

  • Title deed confirming that the property(ies) worth a minimum of AED 2 Million
  • NOC from the bank or loan agreement from the specific approved banks ( if applicable)
  • Passport copy
  • Current visa & Emirates ID copy (if available)
  • Valid health insurance
 

EXEUTIVE DIRECTORS

If you are employed as a C-level executive in the UAE, you may be granted a 10-years UAE golden visa subject to the following conditions:

  • High university degree accredited by Ministry of Education or,
  • A letter of experience of no less than 5 years holding the same managerial position with the same company or,
  • A salary certificate with a salary of minimum AED 30,000/month.

DOCUMENTS REQUIRED:

  • NOC from the company including the employment period, position, and current salary
  • UAE Attested bachelor’s degree
  • Salary certificate
  • Valid labor contract
  • Last 6 months bank statements
  • Passport copy
  • Current visa & Emirates ID copy (must be issued in Dubai)
  • Holding same managerial position with the same company for no less than 5 years and
  • A minimum salary of AED 30,000/month
Outstanding specialized talents:This category includes Doctors & Scientists, Inventors, Creative people in the field of culture and art, athletes, outstanding students, pioneers of humanitarian work and Frontline Heroes. To apply for this category, you will need a recommendation letter issued by the respective field.
 

Steps to get your Golden Visa

PHYSICAL PRESENCE IN UAE

Client must be physically present to submit Golden Visa application.

 

GOLDEN VISA PRE-APPROVAL

Application process is subject to General Directorate of Residency and Foreigners Affairs Approval(GDRFA).

 

MEDICAL & EMIRATES ID APPLICATION

Our team will be assisting you with mandatory formalities & final submission.

 

APPROVAL AND VISA ISSUANCE

Golden visa final confirmation & issuance by the competent authority.

SFM was founded in Switzerland (Geneva) and in the UAE (Dubai) in 2006 as a Corporate, offering incorporation, renewal, and administrative services across 25+ different onshore and offshore jurisdictions. Over the years, we have expanded and opened offices in the Seychelles and Hong Kong. Our mission is to help entrepreneurs across the world prosper by facilitating the creation of robust corporate structures. This has not changed since we started in 2006. We continue to utilize technology to provide an efficient and outstanding service to all our clients.

While the core of our service remains company formation and license renewal, we offer a multitude of ancillary services such as assistance to bank account opening, accounting& auditing and other corporate services. Backed by our regulated licenses and extensive experience in corporate structuring, SFM experts have successfully assisted thousands of entrepreneurs to incorporate companies to start new ventures before expanding their existing businesses.

Our Client Reviews

Our Testimonials Are Verified By Feefo, A Third Party Company

4.7 out of 5 stars customer rating
Overall Rating
96% Customer satisfaction rate, testimonials verified by Feefo.com
27-Apr-2023
Excellent service with full support throughout the process, with quick and clear communication at all times.
03-Apr-2023
Better feedback and better clarity of the requirements and timelines from the start
08-Mar-2023
The progress of my new company was delayed more than I expected.
08-Mar-2023
Always on hand for help and assistance, and helped us no end in the process of incorporating our business, would be very happy to recommend to others.
04-Jan-2023
I have used SFM for company set up and also for company dissolution. I have found them to be efficient and courteous. Sometimes responses involving the local registration authorities have taken some time, but I surmise that this is attributable to the third party involved. I would have no hesitation in recommending them to others.
03-Nov-2022
Experienced professionals and very fast Excellent value for money.
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