Unless you’ve been living under an abnormally large rock this past week, you’ve probably heard the endless chatter about the much sought-after UAE’s Golden Visa. That cryptocurrency investments could land you the coveted residency stamp. Oh, and also how belonging to a certain nationality guarantees life time residency. Yup, basically all those too-good-to-be-true stuff that made you go, “Okay what’s next? Eternal youth and maybe a free unicorn?” *brb laughing at my own joke* Anyhoo, the folks at the Federal Authority for Identity, Citizenship, Customs and Port Security have cleared things up: the Golden Visa isn’t a Willy Wonka-style golden ticket. It’s granted based on proper legal criteria, through official government channels. On that note, let’s get things clear, understand what’s legit and what’s not. And that’s exactly why this article has arrived knocking on your screens. Here are 9 key things that you need to know about UAE’s Golden Visa.
Also read: Here’s Everything You Can Get For ABSOLUTELY FREE at Dubai Airport – From Makeovers To Popcorn!
1. There’s NO Such Thing as a Lifetime UAE Golden Visa
So, as many of us suspected, turns out the ‘lifetime residency’ claims are nowhere close to being true. In true blue UAE fashion, the nation has stepped in to swat away the fluff. The ICP has confirmed there’s no “lifetime residency” option floating around for certain nationalities like Indians and Bangladeshis. All Golden Visa applications are handled through official UAE government platforms. No unofficial “agent” or online wizardry can get you around this.
2. Cryptocurrency Will NOT Buy You UAE Golden Visa Residency
So, let’s get this one thing straight! This was rumour that was floating on your socials – you can’t just flash some crypto and waltz into a UAE Golden Visa residency; sorry to disappoint some of you. Authorities, including the Securities and Commodities Authority and VARA, have firmly denied this. You cannot qualify for a Golden Visa through digital asset investments. At least not yet. But we’ll let you know if and when the UAE ever starts considering Ethereum.
3. Basic Salary, Not Gross Salary, Of AED 30,000
A lot of people are still confused if the UAE’s salary requirement for skilled professionals entails a gross salary of AED 30,000. Not anymore. Though this was the case until October 2024, however as of January 2025, if you’re employed by a mainland company, your basic monthly salary must be AED 30,000 or more. This doesn’t include allowances like transport, housing, education etc.
Also read: No Minimum Salary Limit – Own Your 1st Home In Dubai With This Plan!
4. ONLY Apply Through Official Government Channels
This might sound obvious, but we’ll say it louder and clearer for the people in the back: Don’t hand over your documents or pay fees to some random person on Instagram promising quick visa approval. Only government-approved platforms can process Golden Visa applications. No shortcuts or shady middlemen. And definitely no “just send me your Emirates ID and I’ll handle it.”
5. There Are Multiple Categories – Choose the Right One!
The Golden Visa isn’t a one-size-fits-all deal. You could qualify through one of several pathways – property, entrepreneurship, executive roles, special talents or great grades in high school/uni. Each has different criteria and paperwork, so you’ll want to choose the category that suits your situation best. (No, owning a dog with a massive Instagram following doesn’t count…yet.)
6. Property Investment? It Must Be Worth AED 2 Million+
If you’re going the real estate route, make sure your property (or total portfolio) is valued above AED 2 million. The property must be fully paid off or financed through an approved local bank.
Also read: No Millions? No Problem! You Can Now Own a Slice of Dubai Property for Just AED 500
7. Talents & Achievements Are Valued, From Doctors to Gamers
The UAE is big on attracting talent. If you’re a doctor, scientist, creative, academic, esports star, or even a luxury yacht-owning legend (yes, that’s a category), you may be eligible. Teachers and nurses who’ve made significant contributions are also included. Basically, if you’re brilliant or brilliant at something, there’s a chance you qualify.
8. Golden Visa Benefits? Oh, You Get Plenty
Golden Visa holders enjoy a 6-month entry visa with multiple entries, long-term residency (5 or 10 years), and freedom to stay outside the UAE for extended periods without losing their visa status. You can also sponsor your family and domestic helpers. Plus, perks like health insurance plans with exclusive benefits and the ability to get a driver’s license without lessons, provided the person has a driving license issued in their country. Pretty cool, huh?
9. Regulations May Change, So Stay Informed
Always get your info from official sources like the ICP website, and avoid “news” that starts with “I heard from the guy in my building”.
Golden Visas are brilliant if you qualify, but they’re not magic beans. So do your homework, skip the spammy DMs, and apply through proper channels. Now go forth and dream big but with documents.
You may also like: How Volunteering in UAE Can Earn You A Golden Visa
