The application fee for the most sought-after visa in the UAE has been tripled, it was revealed on Tuesday.
The Federal Authority for Identity and Citizenship, Customs and Ports Security (ICP) in the UAE has raised the fee for a 10-year golden visa application from AED 50 to AED 150.
According to Gulf Today, the increase covers ICP, electronic services, and smart services.
Those interested in obtaining a Golden Visa can check their eligibility via the ICP website or app to avoid any complications.
ICP is revising its fee structure for various services. The authority recently raised the fees for Emirates ID, visit, and residency visas.
The Emirates ID fee was increased from AED 270 to AED 370. Besides, the fee for a 1-month visit visa has been increased from AED 270 to AED 370.
The application fee for Golden Visa has been tripled but the change is unlikely to affect the applicants as the majority of them belong to an affluent class and are aspiring to settle in the emirates for a long time.
The UAE Golden Visa seems to have put UAE in the spotlight as demand for it is rising with each passing day. The UAE’s Golden Visa is one of its kind as its benefits extend to immediate family members.
Under the Golden Visa, children can be sponsored by a Golden Visa or Green Residence visa holder until the age of 25( previously the age cap was 18 years) with no age limit for unmarried daughters.
First implemented in 2019, the UAE Golden Visa residency programme enables ex-pats to live, work, and study in the UAE without the need for a national sponsor and with 100 percent ownership of their business on the UAE’s mainland.
With the promulgation of fresh regulations, the UAE Golden Visa will grant 10-year residence to investors, entrepreneurs, exceptional talents, scientists and professionals, outstanding students and graduates, humanitarian pioneers, and frontline heroes, who pass certain eligibility benchmarks.
The golden visa holder can also stay outside the UAE for more than 6 months, and they are entitled to obtain residence permits for family members including the husband and children.
