Golden Visa - Benefits (& Eligibility) Explained | Wali Khan

Golden Visa is an excellent initiative from the UAE government which provide a huge window of opportunity to expats around the world to take benefit from Dubai and wider UAE. In this video I have explained in detail on how golden visa can benefit, but more so what it will not offer.
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I like helping people around in their general productivity & personal finance situations as well as advising on wealth management which includes but not limited to property market in UAE and Pakistan, equity and commodities markets, bonds etc. Moreover, I have a keen interest in KZbin and social media marketing along with video editing and its marketing. I also have a keen interest in world current affairs and politics. Last but not the least I am an APPLE fanboy :-)
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[@WaliKhan_2k]

After uploading the video, I realized the rule have been changed for eligibility for salaried individual for Golden Visa. The new rule says that basic salary should be 30K AED instead of gross which increases the benchmark hugely.

[@hasnainbaluch949]

Also there is mandatory requirement now of equivalency certificate against your degree from Ministry of Education. This may take a few weeks to complete the equivalency application process.

[@ccm4455]

Is the Golden visa is PR?

[@shakilsheikh]

@@ccm4455it is 10 year residence visa, not permanent.

[@truthtobetold9816]

​@@ccm4455a PR that requires renewals :) every 5 or 10 years

[@d._.shivaa]

​@@ccm4455nope

[@AsadKhan-ex6gk]

Might be the video is recorded earlier and posted now. Before salary should be 30k regardless of basic salary now the basic salary should be 30k.

[@WaliKhan_2k]

Thanks for highlighting - this video was indeed recorded earlier. However, I was not aware about this change in the rules. Will update a pinned comment for refrence.

[@sankalpsingha]

@@WaliKhan_2k Thats a very good point and thats correct. So technically, your overall I think has to be above 50k AED above per month.

[@MuscularMan008]

Hello 👋🏻,can you explain me this.. submission of a letter from Federal Tax Authority stating that the investor pays the government no less than AED 250,000 (two hundred and fifty thousand) annually. Does one have to pay 250k dirhams every year/annually till your golden visa expires despite giving 2m upfront for golden visa? And what happens to the property you have invested in with 2m after your golden visa expires? You again have to buy another 2m worth of property?

[@mansoorjhatial]

Please share information about Green Visa

[@alisehgal1111]

Recently, the minimum salary req. has been changed. Now, basic 30000 is required without allowance. Earlier, 30000 included basic and allowances. This makes the population very small. Please elaborate.

[@WaliKhan_2k]

Thanks for highlighting - this video was indeed recorded earlier. However, I was not aware about this change in the rules. Will update a pinned comment for refrence.

[@BhumikaBhumika-b8p]

Wali Bhai, I have Golden Visa on property investment and I have trade license also want to know one thing in that case can I take Labour card through any other real estate Co. to work with on commission basis

[@asiqbalkhan]

I was able to travel to Albania based on a golden visa, just mentioning that not many people are aware of it

[@harism2001]

Any other places you can go

[@asiqbalkhan]

@harismuzaffar1151 based on uae residency, yes, but Albania so far is the only destination that offers visa on arrival to uae golden visa holder , as far as i know

[@AbdulRehman-lq3sf]

Amer center is not offering services for Golden Visa property investors, Property value should not be less than 2 Million even if it is a off plan property and and you have paid a very minimum amount as a down payment then you are still eligible for Golden Visa

[@WaliKhan_2k]

For property - you need to get certificate from DLD for all the properties as compiled document (I’m not sure of the value of offplan paid up value however)

[@MuhammadZeeshanAli]

Thankyou. I have family of 4 plus parents so total cost will be 27,000 AED. Do I need to visit Dubai to apply for Golden Visa or I can stay overseas and get the Golden Visa?

[@SuperNazmul]

What job will you do there ?

[@tocatainment]

2 Mil Dirham honge to apni city me hi king ki tarah rhenge

[@WaliKhan_2k]

Everyone has a different way to look at things.

[@shuttariahmed]

Hello, sir. I ask you to make a video about. Got me in the store. A grocery store investment. I need a full detail if it is possible. You make really good video with the details. I really need this information. Kindly if it is possible, make up video about the grocery store opening. In dubai, in detail, how much investment you need and all everything, how much the License will cost You know all about that? I'm i newyork l right now. I'm really want to open a business in dubai

[@GameboyMufti]

How much time it takes for processing?

[@JunaidUrRehman]

BTW for 30k salary, they require 30k basic salary, usually the salary is broken down in allowances and that's not accepted you have to have basic 30k.

[@sankalpsingha]

Thats a very good point and thats correct. So technically, your overall I think has to be above 50k AED above per month.

[@hasnainkhizar9850]

I have the golden visa. Total 30k is required not basic.

[@truthtobetold9816]

What if you lost your job and say a downgrade to 25k occured. Will your Golden visa be still valid?

[@mailtitto]

Other advantage of having a Golden Visa is how easy it is to get a driving license in UAE. Golden Visa holders have directly attempt the final RTA test once the theory test is done. Even if you fail the final RTA road test, You can reattempt the test after taking a 4 hr (mandatory) driving class. This mean, You can skip the parking, yard tests.

[@masoodbawany6223]

If you have a golden visa there is a high probability you already have a DL.

[@mailtitto]

Not really for anyone who is coming in new to Dubai. I came in waited for the Golden visa and then got the DL

[@Sakuib]

30k salary pe agar golden visa milta hai. Aur baad mein job gayi to golden visa ka kya hoga?

[@vinashkari]

what after 10 years? what about citizenship and voting rights? health and Social benefits?

[@talatm2074]

Wali saab plz boycott brand CAT

[@dilipudawat7019]

You need to travel once in a year even though you have a golden visa rather than traveling once in 6 months in the normal visa. Just adding an info.

[@sohailrasheed1984]

Thanks for the info.. how about losing job of 30k will visa still valid till the renewal

[@jiti5034]

Although it is possible to get Golden visa by investing 2M AEd via Crowed Funded Real Estate, the drawback is one cant borrow to invest ( like conventional Mortgage) , must have the 2M AEd in hand, the advantage is you can diversify ..

[@AbdulWahab-gi4kg]

Dear Wali Khan .......Is it possible to get Golden Visa by Investing in Banks or National Bonds plz Explain it in Details

[@piscesosteichthyes458]

How to open a NON-RESIDENT SAVING BANK ACCOUN in DXB.

[@SuperNazmul]

Reason ? Benefits?

[@akashdeepsingghh]

I converted my enbd current account to non residency

[@jiti5034]

Does the 2 year Real Estate based Golden Visa allow the person to apply for local jobs? as compared to somebody is on just visit visa?

[@poojarohilla5380]

Rules are changed for Golden Visa 😢😢

[@sohailrasheed1984]

What changes

[@ZaimJee]

Thanks for sharing the information. Alhamdulilah, I recently been granted as an acknowledgement to my 22 years of service in Tourism

[@SuperSyedNoor]

Sir please shed some light on Esaad Card. Golden Visa Holders are not getting it. why and will they ever get it ?

[@The12051205]

Almost 4.5 crores of Indian rupees investment required for golden visa. We can easily do a lot better business wise in our countries with that much of amount

[@chillpill4155]

....And pay taxes for which you never get worth of public service!

[@WaliKhan_2k]

Everyone has a different perspective to see how things work out for them.

[@hussainsarmad228]

Idea for a Vlog: please interview a doctor about Licensing and job opportunities in Dubai.

[@WaliKhan_2k]

Have you checked this one? kzbin.info/www/bejne/l4m1k2qKoax0oZo We discussed this topic here earlier.

[@hussainsarmad228]

@@WaliKhan_2k Thanks for your reply. The video above talks more about the Salary and lifestyle. A detailed video is needed about the licensing process and to understand the medical system both ambulant care and the hosipital system in Dubai.

[@truthtobetold9816]

One more thing. Property investment GV takes into consideration the "property value" as it would have increased by the time you get a valuation from DLD. So its not your investment value.

[@imrananwar8845]

Just remember to renew your health insurance for you and you're family members each year if on Golden Visa. You records are checked...

[@shakilsheikh]

Thank you Wali Bhai for such an informative video. You explained how Golden Visa is very beneficial specially for keeping old parents with you in UAE. My question is what most feasible options do you suggest for cover their health aspects here in UAE during Golden Visa stay specially after 70+ years age?

[@rizwantahir3238]

I have a question. Even if I have a golden visa, if I want to change jobs, I still need a work permit? My understanding was that with a golden visa, I could switch jobs without going to the authorities for a work permit.

[@WaliKhan_2k]

@@rizwantahir3238 you still need a work permit I believe

[@imranhaider2013]

Wali Bhai, there is another option to get the golden visa if you deposit 2 million dhs in the local bank for at least 2 years term deposit. Please comment. Many thanks

[@AnkushJainCISSPCEH]

Does professionals in Cyber security can apply for golden visa?

[@abdulrehmanteli5022]

Salam wali bhai , great to always hear your videos, I have dubai residency here , can i apply for golden visa ? And once golden visa arrives i can cancel the residency?

[@maazmh]

It is not 30k anymore. Basic salary has to be 30k or more.

[@msameereng]

Are all professions eligible for the 30k+ salary criteria? Would appreciate if you can clarify.

[@cryptofans4324]

yes

[@noumanmughal8]

30k basic salary + degree equivalency as per latest requirement

[@WaliKhan_2k]

yes, however, the rule has been amended to have 30K as basic salary.

[@msameereng]

@@WaliKhan_2k thanks for the clarification. 30k as basic would ultimately mean a 50k+ total salary for most firms.

[@masadbilal]

What is eligibility of emirates id on multiple entry visit visa 5 years?

[@sohailrasheed1984]

Can you talk about green visa

[@rj9980]

One of my friend bought property of Dhs. 1.90 M 1 years back BUT now its market price is over 2 M, can he apply for Golden Visa.

[@WaliKhan_2k]

I think they have to get an evaluation certificate from DLD to assess the current price and based on that they can get the golden visa.

[@rj9980]

Thks

[@shuttariahmed]

Hello, sir. Really nice video one more thing. I forgot to mention you in my other message. Regarding the grocery store opening in dubai If it is possible if you can show me the location video. Then how big is a store and how's look like in Dubai? The convenience store please. I request you to make a video regard to this. I really want to open a store and Dubai, but I need some basic information and you are the. Perfect person who can deliver this. Thank you

[@WaliKhan_2k]

I will make a video on this soon. However, it will not have any technicalities, but reasons why not to go for such businesses :)

[@omprakashjaiswal8564]

Good afternoon sir, Sir ji you have completed Btech from pakistan, and you moved to Dubai as a fresher or with work experience. Please reply sir.

[@WaliKhan_2k]

I came to the UAE after having 5 years of experience from Pakistan. More details can be found on linkedin.

[@stranger6056]

what about green visa?

[@osmanrehman6116]

Wali bhai what about accountants or auditors?

[@shahtek832]

Please also give update about green visa

[@rameezkhawaja9696]

Please clarify about ESAAD card eligibility for golden visa holders

[@WaliKhan_2k]

Esaad card is good but its not being offered as part of GV any more I heard.

[@MisbahAhmed-dl7qb]

Is a social media influencer applying for a golden visa does not have to pay 2 million dirhams and only needs to pay the visa fee?

[@WaliKhan_2k]

Yes, for social media influencer, if you are able to get the GV approval, you only have to pay for the fee associated with GV and not the 2M AED requirement.

[@ZULUKHAN-jn6ky]

If somebody is having diabetes, is he eligible for golden visa?

[@truthtobetold9816]

I dont think a managed diabetes has any effect

[@salmanposhni3948]

Salam Wali Bhai.. Excellent clip.... 1.) Is there any restriction regarding maximum duration of stay outside of UAE for the golden visa holder. 2.)You mentioned that your mother is also staying with you on golden visa. For parents above 60, what would be the cost of medical insurance. Is there any discount for the golden visa holder above 60....Thanks.....

[@WaliKhan_2k]

1 - No restrictions. 2 - Insurance is a tricky subject. Will try to cover in future. But 60+ would have expensive insurance for sure with many exclusions.

[@salmanposhni3948]

Thanks a lot for your prompt response...It would be great, if you please share a clip regarding the medical insurance in UAE...

[@alphabians2238]

Hi plz make a video about right investment ? Studio or 1 bed.

[@WaliKhan_2k]

Will try to cover this in a podcast soon.

[@Revhappy829]

Can we take a loan and buy property and still get the golden visa?

[@WaliKhan_2k]

you can get GV on off plan and mortgaged properties - the thresholds are not clear with me as of now.

[@falahahmed9584]

Volume is too low

[@kzubairi28]

Sir jee correction, now 30k salary is not accepted the minimum salary is now 50k

[@aasimtech]

The new rules state that 30k should be your basic salary now. This makes Golden Visa inaccessible to a lot many people now

[@ahmediaaaaa]

Where is the link for this info?

[@WaliKhan_2k]

Thanks for highlighting. However, I was not aware about this change in the rules. Will update a pinned comment for refrence.

[@piscesosteichthyes458]

Very lengthy. Low substance. Do you know the currency exchange rate, PKR to AED? . Unaffordable for masses. . WASTE OF TIME

[@WaliKhan_2k]

@@piscesosteichthyes458 u can’t afford?

[@ITandAutomationAcademy]

Nice and informative video...

[@mohammadrahman1397]

As usual nice content buddy...by the way i cant see the link for the agency who procesesd the golden visa u mentioned in the video...would be great if you can update the link here..thanks

[@WaliKhan_2k]

Thanks for pointing out - here it is: amer247.com

[@nadaniz]

Good you got golden visa ? On which basis you got this visa?