How to Get Ras Al Khaimah Golden Visa

The UAE’s famous Emirate Ras Al Khaimah offers an exclusive investor Ras Al Khaimah Golden Visa for a longer residency and multiple perks and opportunities. However, foreign investors need initial approvals and acquire a trade license for further operations.

Conditions are a clean criminal record and medical test reports that must comply with national health guidelines. After this process, foreigners can acquire this visa. The maximum validity of this visa has yet to be announced for foreigners.

The most important perks of this visa category are opening local bank accounts, offering health insurance, and granting visa-free entrance to certain countries. Business and commercial activities are freely accessible to anybody with a valid visa.

To grow its local economy and attract investors, Ras Al Khaimah aims to compete with neighboring Emirates for talent, investment, and a large population. It offers zero income tax on corporations and foreign ownership.

Ras Al Khaimah Golden Visa Explained

The Ras Al Khaimah Golden Visa offers a longer stay in the UAE and various investment and business opportunities to attract foreign investors and business entities, and collaborate with the  UAE’s expanding economy and dynamic business environment. The UAE government offers premium amenities, flexible policies, and multiple perks for visa holders in this premium category.

Highly competent applicants in certain market investments in businesses and real estate are considered, and students from reputable universities can also apply for golden visas. These visas can allow them to avail opportunities such as access to healthcare and educational resources, a stable business climate, and to sponsor family members could be possible.

The application procedure is basic, with required papers and background checks. It makes it an interesting alternative for anyone who wants to establish themselves in the UAE while also contributing to the country’s economic development.

Step-by-Step Process to Apply for Ras Al Khaimah Golden Visa

Applying for the Ras Al Khaimah Golden Visa is a streamlined process managed by RAK authorities in coordination with the Federal Authority for Identity and Citizenship (ICP). Follow these steps to ensure a smooth application:

1. Check your eligibility under the appropriate category (investor, entrepreneur, etc.).

2. Gather required documents – valid passport, proof of investment, Emirates ID, and health insurance.

3. Get initial approval from the relevant RAK department (RAKEZ, Real Estate Department, or Cultural Authority).

4. Complete medical and background checks as per UAE immigration standards.

5. Submit your Golden Visa application through the ICP online portal or at authorized typing centers.

6. Pay the applicable fees and await processing (usually 2–4 weeks).

7. Receive your entry permit, biometric verification, and Emirates ID issuance.

Ras Al Khaimah Golden Visa Advantages for Expats

The Ras Al Khaimah Visa Perks for Investors and Expats are major incentives to live in the UAE.

Longer Stay in UAE

The Golden Visa allows for residency of 10 years. Depending on the category, providing stability and security for individuals and families.

Self-Sponsorship

The RAK Golden Visa Holders do not need a local sponsor to live and work in the emirate, simplifying the process for expatriates.

Family Sponsorship

Family sponsorship will be available for visa holders so that they can live with their family members, such as children and parents, together in the UAE.

Multiple Business Opportunities for Growth

Golden Visa Ras Al Khaimah provides business opportunities for investors and entrepreneurs. Its environment is business-friendly and fast-growing, and entrepreneurs can easily establish and operate their businesses.

UAE’s Advanced Facilities

Visa holders and their families can benefit from high-quality healthcare and education services available in the UAE.

Visa-Free Travel

The Golden Visa facilitates easy travel within the UAE and international travel without a separate visa.

Various Investment Perks

With favorable conditions for foreign investors, holders can invest in real estate, businesses, and other sectors in the Emirate.

Highest Standard of Living

With stunning scenery, beaches, and a fusion of contemporary conveniences and cultural heritage, the government provides a distinctive way of life.

Flexible Policies and Support

Golden visa holders are supported by a government that provides various services and helps them navigate business establishment processes. These benefits make the golden visa attractive for those who seek a place to invest or work in the UAE.

Eligibility Criteria for Ras Al Khaimah Golden Visa

The Ras Al Khaimah golden visa offers long-term residency options for investors, home buyers, entrepreneurs, skilled professionals, and talented individuals. Below are the key categories and their requirements.

Golden Visa for Real Estate Investors

The criteria for eligibility for the golden visa as a real estate investor are as follows:

Investment: Make a mortgage-free real estate investment of at least AED two million.
Records: Present a real estate registration department letter attesting to the property’s worth.
Documents Needed:
Evidence of real estate investment (letter of affirmation).
Bank records demonstrate the availability of the money.

Golden Visa for Entrepreneurs: You can obtain a Golden Visa as an entrepreneur by fulfilling these prerequisites:
Project Value: A minimum of AED five hundred thousand should be invested in this project.
Letters of approval: Obtain permissions from the appropriate Emirate authorities and a UAE auditor.

Documents Needed:

• A copy of a valid passport
• card for health insurance (at least one year).
• Evidence of housing (either a lease or an ownership title).
• Evidence of real estate investment (letter of affirmation).
• Bank records demonstrating the availability of the funds.

Golden Visa for Skilled Professionals

Qualified professionals must meet the following Golden Visa requirements:
Earn a minimum of AED thirty thousand as your salary.

Employment: Present a legitimate employment agreement.

Documents Needed:

• Attested degree of education (at least a bachelor’s degree)
• Current personal account bank statements 

Golden Visa for Talented Individuals (Doctors & Scientists)

To be considered a talented person:

• Medical Professionals:  Ministry of Health permission letter.
• Scholars: The Emirates Council of Scientists has made this suggestion.
• Documents Needed: A copy of a valid passport and a valid health insurance card (at least one year) 

Golden Visa for Creative Individuals

• For people involved in innovation and the arts:
• A letter that the appropriate Department of Culture and Arts has authorized.
• Letter of recommendation for innovators from the Ministry of the Economy.

Documents Needed:

• A copy of a valid passport
• A card for health insurance (at least one year) 

Golden Visa for Executive Directors

• To qualify as an executive director: 
• Hold a certified degree and have at least 5 years of experience. 
• Minimum salary of AED 50,000. 

Required Documents: 

• Valid work contract 
• Valid passport copy 
• Health insurance card (minimum one year) 

Golden Visa for Outstanding Students

For High School Students: Ministry of Education recommendation letter. 

Duration: 5 years, extendable if enrolled in a long-term program. 

For University Students: A recommendation letter indicating a GPA of at least 3.8. 

Duration: 10 years, with the ability to sponsor a family. 

Required Documents: 

• Recommendation letters as applicable 
• Valid passport copy 

With the Emirate Golden Visa, you can access various UAE opportunities. Whether you are looking to invest in real estate, start a business, or advance your career, the Golden Visa in Ras Al Khaimah provides a pathway to a stable and rewarding future. For detailed inquiries and application processes, please consult with Shuraa’s business setup team.

Ras Al Khaimah vs Dubai Golden Visa

Renewal and Cancellation Policies

• Renewal: Maintain the investment, job, or academic performance to renew every 10 years.
• Cancellation: Visa may be revoked if the investment is sold or the eligibility condition no longer applies.
• Grace Period: 30 days after visa expiry to renew or exit the country.

Conclusion

Securing a Ras Al Khaimah Golden Visa is a strategic move for individuals seeking long-term residency in the UAE. Applicants must fulfill specific eligibility requirements to use the benefits, including tax breaks, the option to sponsor family members to live together in the UAE, property business ownership, and visa-free travel. The supportive environment for foreigners and streamlined application process in the Emirates attract more entrepreneurs and investors.

Frequently Asked Questions (FAQs)

What is the minimum investment for the Ras Al Khaimah Golden Visa?

You must invest at least AED 2 million in real estate or AED 500,000 in a business project.

Can Golden Visa holders bring their families?

Yes, they can sponsor their spouse, children, and parents.

How long does the Ras Al Khaimah Golden Visa last?

It is valid for 10 years, depending on the applicant’s eligibility category.

Can I work or start a business under the Golden Visa?

Yes, holders can live, work, and establish businesses without a local sponsor.

Where can I apply for the RAK Golden Visa?

Applications can be submitted online via the ICP portal or through authorized centers in RAK.