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What is Golden Visa?
Golden Visa system offers long-term residence of 5 and 10 years to people belonging to the following groups: investors, entrepreneurs, people of extraordinary ability such as researchers, medical, scientific and knowledge professionals, and outstanding students. Last year, the General Directorate for Residents and Foreigners (GDRFA) announced a new 24-hour service called “You Are Special”. The service is intended, in particular, to help Golden Visa holders.
According to Major General Mohammad Ahmad Al Marri, CEO of GDRFA Dubai, the new service will be operational tomorrow. “A dedicated team will handle transactions for large companies with more than 10,000 employees, UAE Golden Visa holders, 4- and 5-star luxury hotels, and strategic partners of GDRFA-Dubai,” said General of Al-Marri division.
The main advantage of the visa will be security, as by issuing the Golden Visa, the UAE government has made it clear that it aims to provide expatriates, investors and indeed anyone who wants to make the UAE your home, an additional reason. Feel confident in your future.
Golden Visa Requirements in Spain
You are eligible to apply for a Spanish Golden Visa if you meet all of the following conditions:
You have proof that you have made one of the investment options.
You are over 18 years old.
You get valid health insurance in Spain.
You have enough financial resources to support yourself and all your family members.
You have a clean criminal record in any place where you have lived.
You are not on Spain’s spam list.
You do not have rejected Schengen visas.
If you qualify, there are lawyers and Golden Visa specialists available to help and guide you through obtaining a Golden Visa for Spain.
Companies like La Vida, which specialize in Golden Visa in Spain programs, have experts available to offer advice and assistance on international real estate investments. Their specialists can advise you if you are a good candidate for a Spanish golden visa (through a free consultation) and organize your trip to Spain to see your options first-hand. If you are not an expert in Spanish legal and financial matters, you will need legal assistance to liquidate your investment.
Documents To Present When Applying For A Golden Visa To Spain
These are the documents you must provide to support your application:
Application for a long-term visa to Spain. You can access it here.
Two passport photos.
Your valid passport. It must have been issued within the last 10 years.
Proof of country of residence.
Investment proof. All documents confirm the type and amount of your investment and the origin of your money.
Residence visas for the purchase of real estate:
A certificate containing information about the property and taxes from the Property Registry corresponds to the acquired property.
Services for Golden Visa in spain
Transparent and professional team of lawyers in Marbella. We provide our clients with legal protection services and legal advice, both professionally and personally, in the event of any unforeseen event that may give rise to a pending case.
With MT Legal Abogados Marbella you will not only have comprehensive and individual advice, but also a lawyer in Marbella who will deal with your case and apply all his knowledge to resolve it in the most satisfactory way for you.
What are the Profits of a Golden Visa?
The UAE Golden Visa holder can enjoy the following benefits:
Long-term residence in the UAE (5 or 10 years)
Confidence in their future in the country
Live, work and study in the UAE
100% owned by the company in the mainland UAE
No need to look for a national sponsor
If you want to enjoy all these benefits of the UAE Golden Visa, you must first find out if you qualify.
Duration and Necessary Investment of Golden Visa in Spain
The 10-year visa can be applied for by investors who have a government investment of at least AED 10 million in an investment fund or a company. However, at least 60% of the total investment must not be in the form of real estate, and the amount invested must not be borrowed or, in the case of assets, investors must take full ownership.
The investor must also be able to hold the investment for at least three years. Moreover, The 10-years visa can be extended to include business partners, as long as each partner contributes AED 10 million. A long-stay key may also have the holder’s spouse and children and a chief executive officer and advisor.
For the 5-year visa, the rules are pretty much the same for investors, with the only difference being that the required investment is set at AED 5 million.
Exceptional high school and all university students are eligible for a 5-year residency visa in the UAE. Nationally ranked high school students (minimum 95 per cent) and students from specific universities with a GPA of 3.75 or higher upon graduation.