Ras Al Khaimah (RAK) is one of the most stunning emirates in the UAE, and getting a Golden Visa is your key to long-term residency in this province. Whether you are an investor, entrepreneur, skilled professional, or an academically excellent student, the Ras Al Khaimah golden visa program offers up to 10 years of residency to foreign individuals, allowing them to live, work, and explore endless opportunities freely, without the need for a local sponsor.
In this guide, we will walk you through the essential steps and requirements to obtain a golden visa in Ras Al Khaimah to begin a new chapter of life in one of the most picturesque destinations in the UAE.
Ras Al Khaimah Golden Visa
The Golden Visa is a long-term residency program launched by the RAK government to attract foreign investors, skilled professionals, entrepreneurs, and outstanding students into the city. It allows its holders to live in the emirate for up to 10 years, with the option for renewal.
The below category of people are eligible to apply for the Ras Al Khaimah golden visa:-
- Individuals who make significant investments in real estate or business
- Highly skilled employees in specific fields/professionals
- Exceptional students from recognized institutions
Additionally, the application process for this visa is quite straightforward, encompassing necessary documentation and background checks. This makes the RAK Golden Visa an appealing choice for individuals who want to establish themselves in the UAE while making a significant contribution to the economic growth of the country.
Perks of Ras Al Khaimah Golden Visa
Expatriates and investors looking to settle in the UAE can avail several benefits from the RAK Golden Visa:-
- Long-term residency: With the RAK Golden Visa, the expats can gain residency for up to 10 years. This provides them stability and security for themselves as well as their families.
- No requirement for a local sponsor: Expatriates and foreign investors can obtain a golden visa in RasAl Khaimah without the need for a local sponsor.
- Inclusion of family: Ras Al Khaimah extends the benefits of a golden visa to the families of its holders, including spouses, children, and parents, allowing them to live together in the UAE.
- Business opportunities: Ras Al Khaimah Golden Visa allows foreign entrepreneurs and investors to easily establish and operate their businesses in an ever-evolving, business-friendly environment of the Emirates and take advantage of its expanding economy and strategic location.
- Access to healthcare and education: The Golden Visa holders and their family members can have incessant access to high-quality healthcare and education services available in the UAE.
- Travel flexibility: With a Golden Visa, individuals can easily travel within the UAE and internationally without applying for a separate visa.
- Investment opportunities: The favorable conditions of Ras Al Khaimah allow its holders to invest in real estate, businesses, and other sectors.
- Enhanced quality of life: The living standard and lifestyle of Ras Al Khaimah are enhanced by beautiful landscapes, beaches, modern amenities, and cultural heritage.
- Support from authorities: With the ongoing services and support from the RAK government, Golden Visa holders navigate residency and business establishment procedures very easily.
- Potential for citizenship: The Ras Al Khaimah Golden Visa is a pathway for visa holders to explore citizenship in the UAE.
Ras Al Khaimah Golden Visa Categories
The long-term residency options offered by the Golden Visa in Ras Al Khaimah are available for investors, entrepreneurs, skilled professionals, and talented individuals. The key categories include the following:-
Golden Visa for Real Estate Investors
To qualify for this visa, the investors must invest at least AED 2 million in real estate without debt and provide a registration department letter confirming the value of the property. In addition, they must also submit a bank statement confirming that they have sufficient funds in their account.
Golden Visa for Entrepreneurs
Entrepreneurs can secure this visa by meeting certain requirements such as investment in a project worth at least AED 500,000. They must also obtain approvals from an auditor and relevant authorities in the UAE. The necessary documents required for the application process may include:
- Approval letter from a certified business incubator
- A copy of a valid passport
- Health insurance card
- Ownership or rental agreement
Golden Visa for Skilled Professionals
The Golden Visa requirements for skilled professionals include earnings of at least AED 30,000, a valid employment contract, an attested academic degree, and bank statements for their personal accounts.
Golden Visa for Talented Individuals
Talented individuals such as Doctors and nurses must provide a letter of approval from the Ministry of Health and a recommendation letter from the Emirates Council of Scientists. The additional documents include a valid passport copy and a health insurance card.
Golden Visa for Creative Individuals
Individuals from the arts and innovation field must submit an approved letter from the relevant Department of Culture and Arts, a recommendation from the Ministry of the Economy, a valid passport copy, and health insurance.
Golden Visa for Executive Directors
Executive directors applying for a Ras Al Khaimah Golden Visa must have a certified degree, at least 5 years of work experience in their field, a minimum salary of AED 50,000, and a valid work contract.
Golden Visa for Outstanding Students
High school students must bring a recommendation letter from the Ministry of Education to apply for a Golden Visa. In addition, they must ensure that the duration of their course must be 5 years or extendable.
University students must score a GPA of at least 3.8 and enroll in a course that extends up to 10 years.
Hence, Ras Al Khaimah Golden Visa offers a path to a stable and promising future in the UAE. The total cost and visa validity will depend on the specific type of visa you apply for. For detailed inquiries, consult with an expert at Shuraa business setup.
Step-by-step process to apply for a Golden Visa in Ras Al Khaimah
The golden visa application process in Ras Al Khaimah is straightforward. It includes the following steps:-
- Visit the official website of ICP (Federal Authority for Identity, Citizenship, Customs& Port Security).
- Go to the “services” option and select “eChannels Residency and Citizenship” from the drop-down menu.
- After being redirected to the “Browse Smart Service”page, choose the “Golden Residency”option.
- Select the type of Golden Visa you want to apply for.
- Initiate the visa application process by clicking the “Start Service” option.
- Next, fill out every section of the application form with accurate information such as personal details and necessary documents.
- Review all the information to ensure accuracy.
- Once everything is confirmed, pay the requested application fees.
By following these steps, you can easily secure your Golden Visa in RAK.
Embark on a journey to theUAE with Shuraa
If you are planning to start a business in Ras Al Khaimah or explore the opportunities in the UAE, then the Ras Al Khaimah Golden Visa is a great place to begin. It allows expatriates to live, work, and study in the emirate, offering a pathway to a stable and fulfilling life.
Shuraa Business Setup facilitates foreign entrepreneurs and investors with a smooth application process. Their team will guide you through the essential requirements and help you achieve your business dreams in Ras Al Khaimah, UAE. Contact Shuraa at +971 44081900 or email at [email protected]
