What is the UAE Golden Visa Price?

As an applicant, you will spend a significant amount of money from the application point to the approval of the Golden visa. Some of the categories have an amount that is attached to it while others require a property of a specific minimum value. For the property all you will need are the verified documents as a proof of the value of these properties.

The rest of the cost includes those facilitation fees you will need for the process such as medical fees. These costs are influenced by the visa type you are applying for.

Below are some of the charges you will incur when applying for a golden visa: 

1. Medical Checkup

The medical checkup is a requirement when applying for a Golden visa and therefore this is a compulsory cost during the application.

Some of the tests include the diseases that are likely to be spread from one person to the other so as to protect their citizens and visitors. 

Also, to ensure the holders of Golden visas are healthy and are productive, they ensure they are generally healthy. 

The medical checkup fee is usually around 700 AED.

2. Emirates ID

The United Arab Emirates Government issues all residents with an Emirates ID. This is a mandatory identity document one should have. The ID is valid for 10 years after which you must renew it. The whole ID application process and also the ID fees itself will cost you 1043 AED.

3. New visa Application

This is the cost associated with applying for a new visa with a 10 years’ validity. The fee covers the whole process of application such as visa stamping.

Applying for a new visa will cost you around 2790 AED for the whole process.

4. DLD (Dubai Land Department)

If you are applying for a golden visa in the category of real estate investors then you will be dealing with the Dubai land department. This charge is paid to the UAE government as a facilitation fee for the services offered by the government. 

5. Administrative charge

This is the extra cost that one pays for the administrative services offered by the government. Such charges include the processing fees, document verification and other miscellaneous charges that may come up during the whole application process. 

Depending on the category of golden visa you are applying for, you will need to meet some monetary requirements to be allowed to apply. Different categories required different things and amount of money either in cash or information of an investment. 

Different categories have varying requirements as stated below;

Investors in Public Sector:

• The investor needs to have a deposit of a minimum of 2 million AED to an investment fund that is accredited.
• You will also have to have at least 2 million in capital in the country.
• The investor should also be at least liable to a tax of 250000 to the federal tax authority.

Real Estate Investors

• The investor should have at least 2 million worth of property in the UAE.
• The individual investing should buy property in UAE with a mortgage from a local bank in the country with a down payment of 50 percent.

Entrepreneurs

• For one to qualify as an entrepreneur they need to have a project that is valued at least 500,000 AED in the country.

Executive Directors

• You should prove that you have a salary of not less than 50,000 AED