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Renewal Of Golden Visa UAE ( Conditions & Requirements )

The UAE government offers the Golden Visa program to attract high-net-worth foreign investors, entrepreneurs, professionals, and brilliant students to line, invest, work, and do business in the UAE without a local sponsor. This long-term residency visa offers multiple benefits like long-term residency, visa-free travel to many countries, the ability to sponsor family members, tax-free income, world-class healthcare and educational facilities.

The Golden Visa UAE is valid for 10 years and offers stability and peace of mind in one of the world’s most growing economies. If you already have this prestigious visa and want to extend it, it is essential that you know how to do it.

Timely renewal helps you to avoid fines; however, to maintain your residency status, you must satisfy specific conditions and requirements when it is time to renew. This guide will show you all the steps, requirements, and factors you need to meet to renew your Golden Visa UAE.

Conditions for Renewing Your UAE Golden Visa:

Conditions for Renewing Your UAE Golden Visa:
Source: the visa service

Maintain Eligibility Criteria:

  • Your eligibility must match the category (such as investor, entrepreneur, professional, or exceptionally talented) under which the initial Golden passport was issued.
  • Your renewal application can only be authorised if you are satisfied with the requirements, such as selling your investment property.

Clean Legal and Financial Records:

  • You must have a good status, with no ongoing legal or financial issues.
  • Before applying for renewal, verify that all taxes and fines, if applicable, have been settled.

Valid UAE Residence:

You must provide a valid reason for immigration authority to prevent complications during renewal if extended travel abroad has occurred.

Eligibility Criteria for Renewal:

You have to fulfil specific requirements to renew your UAE Golden Visa. These requirements differ according to what visa category you were initially eligible for:

For Investors:

  • Maintain property ownership or investment of at least AED 2 million.
  • Give current documentation related to real estate or bank deposits.

For Entrepreneurs:

  • Ensure that your firm is working and complying with UAE laws and pay 250,000 to the government as VAT annually.
  • To verify activities, provide financial records or audit reports.

For Professionals & Students:

  • Certificate renewal from a reputable UAE institution.
  • Certification of employment from a UAE-registered company.

For Exceptional Talents:

  • Updated lists of achievements and honours, such as publications and awards.
  • Letter of encouragement from the appropriate UAE authorities (If applicable)

Required Documentation for Renewal:

Make sure you have the necessary papers ready to renew the Golden Visa:

  • Required a copy of passport with at least 6 months validity!
  • A copy of the current Golden Visa.
  • Emirates ID (must be renewed at the same time).
  • Medical insurance (which is based on your visa category).
  • Medical Fitness Certificate (if applicable).
  • Investment or Business Records (for investors and entrepreneurs).
  • Give proof of your ongoing employment.

Renewal Process for Golden Visa UAE:

Renewal Process for Golden Visa UAE:
Source: outcomes
  • Start the Process Early: To avoid fines, renew your visa at least 1 to 2 months before its expiry date.
  • Submit Renewal Application: Complete your error-free visa application with all required documents and send it to the appropriate immigration authorities.
  • Medical Fitness Test: A medical fitness test is critical. Ensure you take a test at an authorised health centre in UAE.
  • Pay the Renewal Fees: Pay renewal fees and other costs (such as Emirates ID renewal fee) based on your visa type.
  • Emirates ID Renewal: When your visa renewal is accepted, update your Emirates ID application appropriately.
  • Approval and Visa Stamping: If approved, your passport will be stamped with the renewal visa, or you may obtain an e-visa copy if you apply online.

Cost Associated with Golden Visa Renewal:

The costs of renewing a Golden Visa depend on the type of visa. Common fees include handling fees for the visa, medical test costs, and fees to renew an Emirates ID.

  • Visa Renewal Fee: Around AED 5,000 to AED 10,000 (varies by category).
  • Medical fitness test fee: AED 500 (if required) 
  • Emirates ID Renewal Fee: AED 370 for two months

Processing Time For Renewal Visa:

Normally, standard processing takes one to two weeks if all documentation is correct. You can pay extra fees for fast processing if you want to renew urgently. This fast service is called express processing that takes 5 to 6 working days in renewing the Golden visa, allowing you to enjoy the advantages of long-term residency in Dubai, UAE.

Benefits of Renewing Your Golden Visa:

Renewing your Golden Visa UAE offers many advantages, including:

Benefits of Renewing Your Golden Visa:
Source: halian
  • Long-Term Residency: You can live, work and study in the UAE for a long time and enjoy the perks of having a Golden Visa.
  • Access to UAE Modern Services: You will have ongoing access to various UAE services, including world-class healthcare, education, and banking.
  • Visa-Free Travel: You can still visit several countries without a visa. 
  • (Please read for more information: “Visa-free countries for UAE Golden visa holders”).
  • Sponsorship: You can sponsor your family members & household workers.

Wrapping Up:

GOLDEN VISA UAE is your reliable companion in navigating the UAE’s Golden Visa program. We know how hard it is to renew your visa and are here to help you every step of this Process. Our team gives you detailed assistance to make sure you meet all the requirements and send all necessary paperwork on time. We make it simple for you to renew your residency permit so you can live in the UAE for a long time without any problem.

Allow us to manage your Golden Visa renewal now. Get in touch with Golden Visa UAE for expert help and smooth service.

FAQ’s

1. What will happen if I forget the due date?

Late renewals may result in penalties or visa cancellations. It is critical to renew on time to keep your resident status.

2. Can GOLDEN VISA UAE help me with my visa renewal process?

Yes! GOLDEN VISA UAE provides me with complete help, including eligibility checks, document preparation, and application submission, to ensure a hassle-free renewal.

3. Can I renew my Golden Visa if I’ve been outside the UAE for more than six months?

you can renew it online however you must provide a good explanation for the prolonged absence.