The UAE Golden Visa supports talented individuals to grow, achieve and succeed in the UAE.
The long-term residency visa also enables foreign nationals to live, work and study in Abu Dhabi without the need of a national sponsor and with 100 percent ownership of their business on the UAE’s mainland.
Each Golden visa remains valid for a renewable period of 5 or 10 years, depending on the visa category.
Hub71 is the chosen Abu Dhabi entity to evaluate the Entrepreneur Golden visa applications against the eligibility criteria. The Entrepreneur Golden Visa is ideal for all those who are looking to set up innovative business projects in the emirate.
Ensuring a seamless process, Hub71 will issue endorsement letters of approval for eligible applicants to proceed with the visa application with the Abu Dhabi Residence Office (ADRO) – part of the Abu Dhabi Department of Economic Development (ADDED).
- Entrepreneurs who own a business of a leading, technological and futuristic nature
- Entrepreneurs who own a business of a value of at least AED 500,000
- There are no age restrictions for the Golden Visa
What is the Golden Visa
Launched by the UAE government in 2019, the Golden Visa programme enables successful applicants to live, work, study and invest in the UAE without an Emirati or UAE national sponsor. Golden Visas present the additional benefit of enabling bearers to attain 100% ownership of their business on the UAE mainland. These visas are issued for a renewable period of five or ten years, depending on the visa category.
Does the Golden Visa offer permanent residency?
No: The Golden Visa is a long-term residence visa that is renewed every five or ten years, depending on the visa category.
What are the key benefits of the Golden Visa
Golden Visa holders benefit from long-term residency, enabling them to invest and build fulfilling and long-lasting careers in the country. The visa allows residents to live, work and study in the UAE without an Emirati or UAE national sponsor. It also empowers investors with the ability to take full ownership of their business ventures on the UAE mainland.
Golden Visa holders are able to sponsor family members, dependents, as well as senior employees, depending on the nature and eligibility of sponsorship determined within each visa category.
Who can apply for the Golden Visa?
The Golden Visa is available to a wide variety of applicants. They include investors, educators, executive directors, high-performing students, researchers in the fields of science and knowledge and others. Please see the full list of visa categories on the official website of the Abu Dhabi Residents Office.
Hub71 can only accept and recommend applications of entrepreneurs that fit the criteria under the Tech and Innovation industries.
Are there any age restrictions?
There are no age restrictions: applicants of any age can apply for the Golden Visa.
How much does it cost to apply for a Golden Visa?
For applicants currently in the UAE, the Golden Visa costs between AED 2,800 and AED 3,800. For applicants outside of the UAE, the Golden Visa costs between AED 3,800 and AED 4,800. The overall cost depends on the visa category and the type of processing service.
When a UAE resident is sponsoring his/her family members and other dependents, he/she must provide a financial guarantee for the period of the residency visa. Does this rule apply to Golden Visa holders?
No: Financial guarantees are not required when Golden Visas are issued.
Can the Golden Visa be extended to applicants’ family members?
The Golden Visa sponsorship can be extended to spouses, children, parents and dependent siblings, depending on the visa category. There is no limit to the number of children who may be sponsored by the Golden Visa holder. Male children are sponsored until the age of 18. Female children are sponsored until marriage.
What is the validity of the Golden Visa?
The Golden Visa is issued for a period of either five or ten years, depending on the visa category.
In the event that the business of an investor on a Golden Visa fails, how will the investor’s visa status in the country be affected?
The circumstances of each Golden Visa holder will be reviewed by the UAE government on a case-by-case basis. Golden Visa holders may change their Golden Visa category, subject to eligibility and conditions.