The UAE Golden Visa is a game-changer for entrepreneurs seeking long-term residency in one of the world’s fastest-growing business hubs. This exclusive visa grants entrepreneurs a 10-year residency, allowing them to establish and expand their businesses without the hassle of frequent renewals. If you are an entrepreneur considering this opportunity, here’s a step-by-step guide to help you navigate the process.

golden visa

Understanding the UAE Golden Visa for Entrepreneurs

The UAE introduced the Golden Visa to attract high-potential investors, business owners, and professionals contributing to economic growth. For entrepreneurs, this visa provides unparalleled benefits, including:

  • Long-term residency (10 years, renewable)
  • 100% business ownership in the UAE
  • Freedom to live, work, and study in the country
  • Sponsorship benefits for family members and key employees

To qualify, entrepreneurs must meet specific business ownership, investment, and innovation criteria.

Step-by-Step Process to Apply

  1. Meet the Eligibility Criteria

To apply for golden visa UAE, you must fulfill at least one of the following conditions:

  • Own a startup registered in the UAE under the small and medium enterprises (SME) category with an annual revenue of at least AED 1 million.
  • Be a founder of a previous entrepreneurial project sold for no less than AED 7 million.
  • Hold approval from an accredited UAE government body, such as the Ministry of Economy or an authorized business incubator.

  1. Gather the Required Documents

Applicants must prepare the necessary paperwork to support their application. Essential documents include:

  • Valid passport copy
  • UAE residency visa (if applicable)
  • Business trade license and registration documents
  • Bank statements showing business revenue
  • Recommendation letter from a relevant UAE authority
  • Proof of business sale (if applying as a former entrepreneur)

  1. Submit Your Application

You can apply through official UAE government platforms such as:

  • Federal Authority for Identity, Citizenship, Customs & Port Security (ICP)
  • Dubai’s General Directorate of Residency and Foreigners Affairs (GDRFA)

Alternatively, entrepreneurs can seek professional assistance from consultancy firms like Maydor Advisory to ensure a seamless application process.

  1. Await Approval & Complete Medical Tests

Once submitted, the authorities will review your application and verify the provided information. If approved, you’ll be required to:

  • Undergo a medical fitness test
  • Submit biometric data
  • Obtain Emirates ID registration

  1. Receive Your UAE Golden Visa

You will be issued a 10-year Golden Visa upon completing all formalities, granting you long-term stability and business opportunities in the UAE.

Why Entrepreneurs Should Consider Professional Assistance

While the application process may seem straightforward, ensuring compliance with UAE regulations and handling documentation can be challenging. Partnering with experienced consultants like Maydor Advisory can simplify the process, ensuring a hassle-free experience.

From evaluating eligibility and preparing documentation to liaising with government authorities, expert guidance ensures your application is error-free and processed smoothly.

Conclusion

Securing a UAE Golden Visa as an entrepreneur is a strategic move toward long-term success in the region’s thriving business environment. With benefits like stability, flexibility, and business ownership, this visa opens doors to endless opportunities.

If you’re ready to take the next step but need expert assistance, contact Maydor Advisory. Their professional team specializes in business setup, tax registration, and Golden Visa applications, ensuring a seamless experience. Let them handle the complexities while you focus on growing your business in the UAE!