What is golden residency

What is golden residency? In the growing world of real estate investment, Dubai stands out as one of the most attractive cities for investors from all over the world. Amidst this thriving scene, “Itqan” Real Estate Development Company offers exceptional solutions to meet the ambitions of investors wishing to invest in the residential sector, and at the top of these solutions are the “Golden Residency” projects that provide distinguished investment opportunities.

The Golden Residence in Dubai is a sophisticated model of luxury residences, which combines luxury, meticulous design and a strategic location. In cooperation with “Itqan” Company, investors are able to obtain high-end residential units with the highest specifications and distinguished services, which guarantees them strong investment returns and a rewarding return on investment.

What distinguishes the golden residence projects provided by “Itqan” is the focus on sophisticated architectural design and high-quality building materials, in addition to providing entertainment facilities and integrated services that guarantee residents a distinctive lifestyle. These projects vary to include luxury apartments and modern villas, which are characterized by a strategic location that provides easy access to vital facilities in the city.

Thanks to the extensive experience of “Itqan” Company in the field of real estate development, the Golden Residence projects enjoy unique advantages, as they are designed and implemented according to the highest international standards, making them a preferred choice for investors looking for investment opportunities with high returns and high quality.

Categories that can obtain golden residency in the Emirates

The Golden Residency in the UAE has seen new updates; It is now granted to several categories, including investors, entrepreneurs, talented individuals, scholars, and specialists, in addition to top students, graduates, pioneers of humanitarian work, and the first line of defense, and it extends to 10 years.

People with exceptional talent

Golden residency is granted to those with exceptional talent in fields that are in the interest of the state, and does not require a work contract therein. There is no minimum academic qualification, professional level, or monthly salary. Granting it depends only on talent.

Residency is granted to talented people based on the recommendation or approval of federal or local government agencies, examples of which include those that specialize in the fields of culture, art, sports, innovators and inventors, digital technology, and other fields.

Entrepreneurs

Entrepreneurs obtain golden residency on the condition that the applicant has ownership or partnership in a pilot project registered in the Emirates, which falls within the category of small or medium enterprises, and that it achieves annual revenues of no less than one million UAE dirhams, and that obtaining approval for the idea An entrepreneurial project from an approved business incubator, or from the UAE Ministry of Economy, or through the competent local authorities is sufficient to obtain golden residency. Golden residency is granted if the person presented is one of the founders of a previous entrepreneurial project or projects that were sold for a total value of no less than one million UAE dirhams, and it is required that Approval of the Ministry of Economy or other local authorities concerned with projects or supporting ideas.

Early students and graduates

It is granted for ten years to top high school graduates or its equivalent, in addition to top graduates of state universities, in addition to graduates of the top 100 universities in the world to begin their academic and professional careers in the country.

Investors

Investors can obtain golden residency upon full ownership of a property with a value of no less than 2 million UAE dirhams. The feature of obtaining golden residency was also introduced when purchasing the property with a loan from a specific group of banks in the Emirates. A feature was also introduced that enables the real estate investor to obtain golden residency. When purchasing real estate, its value must not be less than one million UAE dirhams from approved local companies.

Golden residency for scholars and specialists

Residency is granted based on the recommendation or approval of the Emirates Scholars Council, according to certain conditions, the most important of which is that the applicant must have a master’s degree or doctorate in the disciplines of engineering and technology or life sciences and natural sciences, and that it be one of the best international universities according to approved international classifications, and that The applicant has accredited research achievements, or is an accomplished person in the research and development sector inside or outside the country.

This category includes those with educational qualifications and professional experience in all specializations in several fields: Such as medicine, engineering, technology, science, education, law, culture and sociology. This category must meet a set of conditions; Of which :

• The person must be a skilled worker with a first or second professional level according to the professional classification approved by the Ministry of Human Resources and Emiratisation.
• The minimum educational level must be a bachelor’s degree or its equivalent.
• Obtaining a work permit in the country under a valid employment contract.

Pioneers of humanitarian work

Pioneers of humanitarian work obtain golden residency in the Emirates  , and this type of residency is limited to the categories that we will mention successively:

• Members of international and regional organizations and their employees.
• Members of public benefit associations and institutions and their employees.
• Distinguished volunteers and supporters of humanitarian work.
• Recipients of awards in the field of humanitarian work.

Creative people of art and culture

Creative people of culture and art can obtain golden residency in the Emirates provided that they meet 3 of the following conditions and criteria:

• To have a creative production that has gained remarkable appreciation from society and the media.
• The work of the applicant for residency must have been presented in prestigious forums locally, regionally or internationally.
• Nominate or obtain a well-known international or regional award in the creative field.
• The presenter must have an honorary position from a prestigious international body because of his outstanding creativity.
• To have an active membership in a prestigious international artistic organization or association.

Golden residency is also granted to those who work in the field of media, but 3 of the conditions mentioned must be met, in addition to that the candidate must have practical experience in the same field of no less than 7 years in a well-known media organization, with proof of this being provided, in addition to his nomination. From his place of work, or from a specialized media outlet, and to have works that have been published in media outlets on a regular basis; Such as: press reports, articles, and television programs.

Documents and documents required for golden residency

 Documents and documents required for golden residency

Golden residency in the United Arab Emirates is an advanced system that aims to attract international investments and talents, and enhance the UAE’s position as a leading destination for living, working, and investing. To obtain this distinguished residency, applicants must submit a set of documents and basic documents, which we will review below. Documents and documents required to obtain golden residency:

• Passport: A copy of the passport valid for a period of not less than 6 months.
• Personal photos: Recent personal photos with a white background.
• Education certificates: Certified copies of education certificates and academic qualifications.
• Project or investment documents: Documents proving the nature of the investment project or self-employment, such as partnership or incorporation contracts.
• Proof of financial solvency: Bank statements or tax returns proving the applicant’s financial situation.
• Business plan (for innovators and entrepreneurs): A detailed business plan for the project or startup.
• Experience certificates (for professionals and experts): Documents proving experience and professional competence.
• Application fees: Pay the prescribed fees for applying for the Golden Residency Program.

Applicants must ensure that they meet all the mentioned requirements and submit the required documents to obtain this distinguished residency in the UAE.

Find out what Golden Residency is

Golden residency in the United Arab Emirates is one of the most prominent and innovative investment and immigration programs in the world. This program, which is strategically adopted by the UAE government, aims to attract people with international talent and expertise, and enhance the UAE’s position as a leading destination for living, working and investing.

In this context, “Itqan” Company cooperated with the competent authorities in the UAE to provide the necessary support and services to those wishing to obtain golden residency. “Itqan” has a specialized team with extensive experience in application and follow-up procedures, ensuring applicants have a smooth process and achieved the best results.

Through this cooperation, “Itqan” provides legal advice and financial advice to applicants, and also provides them with communication services with the relevant government agencies, and accurately completes the required documents and information. The company also follows up on applicants’ files until final approval is obtained, and facilitates the procedures for obtaining golden residency.

The UAE Golden Residency Program provides exceptional benefits to applicants, including the possibility of permanent residency in the country, freedom of movement and work, and investment and business opportunities. Given the importance of this program, the partnership between the UAE government and Itqan Company is an ideal model of constructive and effective cooperation in order to achieve sustainable development goals and enhance the UAE’s position as a leading global destination.

Frequently asked questions about what is golden residency?