UAE Golden Visa for Citizens of Nigeria: Important Things to Consider Before Applying
The number of supporters of programs for wealthy talent is growing as offers spread around the world. It no longer seems impossible to satisfy your need for change and start a new life: governments are working on it. You can evaluate your own prospects and reconsider your previous attitude to the efforts of officials right now.
Overview of UAE Golden Visa for Nigerian Citizens
Long-term visas are becoming a priority, as they open up prospects for holders. A special place is occupied by the Golden Visa in UAE, which is available for talented Nigerians. The following information will help you to participate in the proposed program:
Investment options. Buying real estate remains a profitable opportunity to obtain a Visa. Before starting your search, you should consider the type of property, its value and location.
The need for an open visa. Participants preparing to apply must arrive in the country. The type of visa held does not affect the eligibility assessment. Short-term and long-term permits are issued taking into account the purpose of arrival in the UAE.
Validity period. The issuance of visas allows you to stay in the country and enjoy the rights of citizens residing in the Emirates permanently for 5 years. It is possible to extend the period, but it requires compliance with government requirements and retention of property rights.
The personal presence of the applicant is required to process the request. In addition, the government checks the foreigner for eligibility requirements.
Key Considerations Before Applying for a UAE Golden Visa
Wealthy and talented foreigners are of interest to the UAE government, so it was only a matter of time before the creation of appropriate programs. Currently, there is a high demand for the programs, as the country is highly ranked in international rankings. There are a few things to consider before applying. They relate to the property to be purchased for participation. This list includes:
the cost must be a specified amount, which depends on the location of the property;
the type of property is also taken into account when considering the application, and the purchase of part of the property is allowed;
the funds for the purchase of the property must either be borrowed from a local approved bank or transferred to the owner’s account from a personal account in a local bank.
In order to apply for UAE Golden Visa as a Nigerian citizen in person, the government offers several types of visas, including short-term visas. Permits can be long-term, but they must remain valid at the time of application. It is also worth reminding you that the participation fee does not include the cost of document processing. These fees must be paid separately.
Eligibility and Application Process for Nigerians
The applicant’s background check is carried out in several stages. At each stage, the government checks whether the applicant has the financial means to buy real estate and continue living in the country. The check is also required to determine trustworthiness, confirmation of legal employment, and health insurance.
To assess eligibility, a foreigner must:
prepare a package of documents in accordance with the program requirements;
pay the application processing fees;
submit the package of documents to the consulate;
obtain preliminary approval;
invest in real estate in the chosen way.
The application process and information on the status of the inspection is available on the state website. This option is the first in the list of proposed benefits of Dubai Golden Visa. Using the portal, foreigners can apply for a request, get information about processing and view the response.
Benefits of the UAE Golden Visa for Nigerian Citizens
The high demand for the migration program is maintained by particularly favorable benefits. The list includes the possibility of a long stay in the country and the use of the state portal. In addition, Golden Visa holders have access to:
the opportunity to extend the validity of the visa for 10 years;
flexible conditions for the period of stay abroad;
support of family members and personal assistants;
earning income from the use of real estate;
entering a new lucrative market.
To extend the validity period, the investor must retain ownership. There is no limit to the number of additional applicants, so the application includes family and personal assistants. In the event of the death of the main applicant, his family can remain in the UAE during the validity period of the UAE Golden Visa for Nigerian citizens.
Travel to other countries is not limited. An investor visa can be used to cross the border under a simplified system. An increase in the maximum allowed period of stay outside the UAE, which is usually 6 months, allows you to retain your residence permit.
Conclusion
The introduction of the migration program is explained by the popularity of the UAE among Nigerians. Simplification of the border crossing process and easing of restrictions on the time spent outside the Emirates are the results achieved by program participants. These opportunities are available to sponsored applicants who are dependents of the main investor. Family and staff sponsorship is allowed, so there are no difficulties with this.
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