There are eight steps in the Golden Residency package that the federal body for identity, citizenship, customs, and port security has assigned to real estate buyers.

They are allowed to stay for ten years without a guarantor.

The package's trip starts with the application, continues with passing the medical exam and securing a two-year health insurance policy, and concludes with acquiring the Golden Residence and identity card.

According to the authority, anyone who owns a property or group of properties in the nation is eligible to receive a Golden Residence Permit after fulfilling the requirements of this category. The criteria are as follows: if an investor owns a property or group of properties, he may be eligible for a Golden Residence Visa for ten years, renewable under the same conditions, without the need for a guarantor, provided he satisfies one of the following requirements:

The investor must be the only owner of one or more properties worth at least two million dirhams. The property may also be a loan, but only if it comes from one of the local banks that the appropriate local government has designated.

When purchasing one or more real estate units on the map that are worth at least two million dirhams, the investor should only deal with local businesses that have been approved by the appropriate local government.

Steps to obtain a golden residency for property owners

The authority described the steps of the package on its website. The first step is eligibility verification, whereby the investor can use this service to provide the information needed to receive a golden visa nomination. The second step is the start of the trip, which allows the investor without a guarantor to obtain a long-term residence of up to 10 years. The authority will send notifications about the investor's trip to keep track of the status of his application and the most recent procedures and developments that he needs to follow at each stage of the journey.

Get a visa

Getting a visa is the third step, and the government automatically notifies the investor to continue his trip as soon as his visa is granted.  The fourth stage is conditional; if the customer has an active residence in the nation, he must cancel it in order to continue his Golden Residency journey after receiving the initial visa approval (the preceding step).

The fifth stage is changing the status since, unless he has fines from his prior visa/residence file, the federal authorities for identity, citizenship, customs, and port security will automatically alter the status on his behalf.

As the stamped visa will be shared to finish his medical examination test, the authority will offer the consumer a link to pay any fines he may have incurred and proceed with the process to correct the situation.

Getting health insurance and performing a medical examination are the sixth step.

According to the government, in order to receive a certificate of fitness for health, any person who is 18 years of age or older must have a medical examination.  Furthermore, a two-year health insurance policy must be acquired.

The authorities noted that the customer's ID and residence card applications are automatically processed after completing a medical examination at any Ministry of Health center and receiving medical insurance from Daman Company.  If not, he will have to upload these documents in order to proceed with the trip.

The seventh step, which involves capturing the customer's decimal fingerprint, is conditional, according to the authority. It explained that if a customer requests that their fingerprints be taken, the authority will send a link to schedule a time that works for him to pick up his fingerprints at one of the federal authority's service centers for identity, nationality, customs, and port security.

The eighth step is to obtain the Emirates ID card, which is delivered to the registered address by the authority.