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The Abu Dhabi Silver Visa offers a unique opportunity for those of us looking to establish a medium-term residency in the United Arab Emirates. This five-year residence visa is perfect for investors, entrepreneurs, retirees, and people with specialized skills, providing a cost-effective alternative to pricier visa options. With pathways mainly focused on investment, the Silver Visa is accessible by purchasing real estate or investing in a business within the UAE. It also supports family inclusivity, allowing your spouse and children to benefit from the residency status. Plus, its autonomy lets you manage your own affairs without needing a sponsor or employer, making it an attractive option for anyone wanting to fully engage with the UAE’s dynamic environment. In this blog, we will look into the requirements of Abu Dhabi Silver Visa, how to apply for it and how BLZ can assist in this process.
There are certain specific eligibility requirements for the Abu Dhabi Silver Visa. These requirements vary based on the applicant’s background, purpose, and financial standing. Here are the main pathways to qualify for this five-year residency visa:
Investment-Based Silver Visa
One of the primary ways to qualify for the Abu Dhabi Silver Visa is through substantial financial investment in the UAE. Here are the key criteria:
- Minimum Investment Requirement:
Individuals applying for the Abu Dhabi Silver Visa must invest at least 1 million AED in the UAE. This investment can be in various forms, such as real estate, business ventures, or other approved investment vehicles. An important aspect one must consider is that the property must be in the applicant’s name, and the investment cannot be mortgaged or leased.
- Residency Duration This grants individuals a residency period of 5 years which can be renewed if the investment is maintained. This pathway is designed to attract wealthy individuals who are looking to contribute to the UAE’s economic development through significant financial commitments.
Retirement Visa
This is beneficial for older expatriates who wish to spend their life after retirement in the country. The eligibility criteria for the retirement visa are as follows
- Age Requirement Applicants must be over 55 years old.
- Investment in Pension Fund or Property Individuals get an option to invest in pension fund or real estate. An investment of at least 500,000 AED into a pension fund account is required. If retirees wish to invest in real estate, they can do so by purchasing property in Dubai worth more than 1 million AED
Salary-Based Visa for Skilled Professionals
- Income Requirement
Professionals working in the UAE with a monthly income of at least 15,000 AED may be eligible. This pathway is ideal for individuals in specialized fields, such as healthcare, engineering, IT, and education, allowing them to contribute to and benefit from the UAE’s workforce.
How to Apply for a Silver Visa in UAE?
Required Documents
Having understood the eligibility criteria for the silver visa let us look into the required documents that one must posses
- Proof of Investment
Individuals or retirees who have purchased property must show all legal documents approved by UAE government institution.
- Passport
A passport with a minimum of six months’ validity.
- Clean Criminal Record
Applicants must have a clean criminal record, and authorities will conduct the necessary background checks to validate the same.
- Financial Documents
Evidence of financial stability to support yourself and your family.
Online Submission
- Individuals must them submit their application with government portals like the General Directorate of Residency and Foreigners Affairs (GDRFA) or similar government portals. This is then reviewed and will undergo a review.
Complete Biometric and Health Checks
- Biometric Scans
A biometric scan may be part of the application process to confirm your identity.
At BLZ, we understand that making the UAE your new home is a big decision, and we’re here to make the process as seamless as possible. The UAE Silver Visa provides an exceptional opportunity for investors, entrepreneurs, professionals, and retirees to enjoy medium-term residency with the freedom to manage their own affairs. Our team is committed to guiding you through every step, from assessing your eligibility to ensuring that all documentation is in order for a successful application.
With BLZ by your side, you’ll have a trusted partner to handle the intricacies of the Abu Dhabi Silver Visa process, allowing you to focus on your future in the UAE. Let us help you begin this exciting chapter with ease and confidence—reach out to BLZ today, and together, we’ll make your UAE residency vision a reality.