The UAE's Silver Visa is designed for highly skilled professionals, investors, and entrepreneurs who contribute significantly to the nation's economy.
Eligibility Criteria for a Silver Visa:
To qualify for a Silver Visa, individuals must meet one of the following criteria:
- Highly Skilled Professionals:
- Hold a bachelor's degree or equivalent.
- Have a minimum of 10 years of professional experience in their field.
- Earn a monthly salary of at least AED 30,000.
- Investors:
- Invest a minimum of AED 2 million in a real estate property in the UAE.
- Invest a minimum of AED 4 million in a company registered in the UAE.
- Entrepreneurs:
- Own a company registered in the UAE with a minimum capital of AED 500,000.
- Have a minimum of two employees.
- Have a valid business license.
Benefits of a Silver Visa:
- Five-year validity: The Silver Visa is valid for five years and can be renewed for an additional five years.
- Family sponsorship: Holders can sponsor their spouse and children under the age of 18.
- Access to government services: Visa holders can access various government services, including healthcare and education.
- Right to work: The Silver Visa allows holders to work in any field or sector in the UAE.
- Opportunity to apply for permanent residency: After five years, holders can apply for permanent residency in the UAE.
Examples of Eligible Professionals:
- Doctors
- Engineers
- Scientists
- Teachers
- IT specialists
- Business executives
Application Process:
To apply for a Silver Visa, individuals must submit an application to the Federal Authority for Identity and Citizenship (ICA). The application process typically involves:
- Completing an online application form.
- Providing supporting documents, such as educational certificates, employment contracts, and bank statements.
- Attending an interview at an ICA office.
Important Note:
The eligibility criteria and application process for the Silver Visa may change from time to time. It is recommended to check the latest information on the ICA website before applying.
