The Ultimate Guide to UAE’s One-Touch Golden Visa Service: Your Key to Golden Residency

As the world becomes more globalised, people are more open to living and investing in different countries. One of the most famous destinations for immigrants is the United Arab Emirates (UAE), which offers a high standard of living, excellent infrastructure, and a booming economy. The UAE recently launched a new One-Touch Golden Visa Visa service to attract more foreign investors and entrepreneurs. In this guide, we will discuss everything you need to know about UAE’s One-Touch Golden Visa Service and your key to obtaining golden residency in the UAE.

Introduction to One-Touch Golden Visa Service

The One-Touch Golden Visa Service is a new visa scheme launched by the UAE government in 2019. This scheme aims to attract foreign investors, entrepreneurs, and highly skilled individuals to the UAE. The visa allows holders to live and work in the UAE without needing a local sponsor or company. Moreover, it provides long-term residency options, which is a significant benefit for settling in the UAE.

Overview of UAE’s One-Touch Golden Visa Service

The One-Touch Golden Visa Service is a new visa scheme launched by the UAE government in 2019. The visa allows foreign investors, entrepreneurs, and highly skilled individuals to live and work in the UAE without needing a local sponsor or company. The visa provides long-term residency options, which is a significant benefit for settling in the UAE.

What is Golden Residency?

Golden residency is a unique type of visa that provides long-term residency options for foreign investors, entrepreneurs, and highly skilled individuals. It is called golden residency because it offers a golden opportunity to live and work in the UAE, one of the world’s most prosperous and developed countries. With a golden residency, you can enjoy all the benefits of living in the UAE without needing a local sponsor or company.

Benefits of Golden Residency in UAE

The UAE is among the most attractive destinations for foreign investors and entrepreneurs. The country has a luxurious standard of living, excellent infrastructure, and a booming economy. As a golden residency holder, you can enjoy all the benefits of living in the UAE without needing a local sponsor or company. Here are a few benefits of golden residency in the UAE:

• Long-term residency optionsv
• The ability to work and live in the UAE without the need for a local sponsor or company
• The ability to invest in the UAE’s booming economy
• Access to world-class healthcare, education, and infrastructure
• The ability to sponsor family members for long-term residency

How to Obtain the Golden Residency in UAE?

You must apply for the One-Touch Golden Visa Service to obtain a golden residency in the UAE. This visa scheme is designed for foreign investors, entrepreneurs, and highly skilled individuals. Receiving a golden residency is simple, and it can be done online. Here is an overview of the One-Touch Golden Visa Service.

Increase in Demand for Properties due to One-Touch Golden Visa Service

The One-Touch Golden Visa Service has increased demand for properties in the UAE, particularly in Dubai. One of the primary reasons is that the visa makes it easier for foreign investors to purchase properties in the UAE. Previously, foreign investors had to jump through several hoops to buy properties in the UAE, including obtaining multiple visas and permits.

 The One-Touch Golden Visa Service has simplified the process, making it easier and faster for investors to purchase properties in the UAE. It has led to increased demand for properties, as more investors now see the UAE as an attractive destination for investment.

Positive Impact on Rental Market due to One-Touch Golden Visa Service

The One-Touch Golden Visa Service has also positively impacted the rental market in the UAE. The visa has made it easier for highly skilled professionals to work and live in the UAE, increasing demand for rental properties. It has resulted in an increase in rental prices, which has been good news for landlords.

 The visa has also made it easier for landlords to rent out their properties, as they can now rent to highly skilled professionals looking for long-term rental properties. It has resulted in a more stable rental market, which is good news for landlords and tenants.

Future of Real Estate Industry in UAE with One-Touch Golden Visa Service

The One-Touch Golden Visa Service is still in its early stages, and it remains to be seen how it will impact the real estate industry in the long term. However, it is clear that the visa has already had a significant impact on the industry, and it is likely that this impact will continue.

The visa has opened up new opportunities for foreign investors and highly skilled professionals, which is good news for the UAE economy. It has also increased demand for properties and development projects, which is good news for the real estate industry.

Eligibility Criteria for One-Touch Golden Visa Service

To be eligible for the One-Touch Golden Visa Service, you need to meet the following criteria:

• You must be a foreign investor, entrepreneur, or highly skilled individual
• You must have a valid passport
• You must have a clean criminal record
• You must have a minimum monthly income of AED 30,000
• You must meet any other requirements set by the UAE government

Required Documents for One-Touch Golden Visa Service

To apply for the One-Touch Golden Visa Service, you need to provide the following documents:

• A copy of your passport
• A copy of your UAE entry stamp
• A copy of your Emirates ID (if available)
• Proof of income
• A clean criminal record certificate
• Any other documents required by the UAE government

Application Process for One-Touch Golden Visa Service

The application process for the One-Touch Golden Visa Service is simple. Here are the steps to follow:

• Visit the UAE government’s official website and create an account.
• Fill in the application form and provide all the required documents.
• Pay the application fee.
• Wait for the visa application to be processed.
• Once approved, you will receive your golden residency visa.

Fees and Processing Time for One-Touch Golden Visa Service

The fees for the One-Touch Golden Visa Service vary depending on the category of the visa and the duration of stay. The processing time for the visa also varies depending on the category and the documents submitted. Here is a breakdown of the fees and processing time:

• 5-year visa: AED 5,000
• 10-year visa: AED 10,000
• Processing time: 30 days

Conclusion

The One-Touch Golden Visa Service is an excellent opportunity for foreign investors, entrepreneurs, and highly skilled individuals to obtain a golden residency in the UAE. With long-term residency options, the ability to work and live in the UAE without needing a local sponsor or company, and the ability to invest in the UAE’s booming economy, the One-Touch Golden Visa Service is your key to golden residency in the UAE. If you are looking for a new place to live, work, and invest, the UAE should be at the top of your list.