How to Get a UAE Golden Visa Through Bank Deposit
You’re in the right place! The UAE Golden Visa provides investors with 10-year residency visas that enable them to live, work and prosper in the UAE without a local sponsor. You and your family members get a residence permit in exchange for your fixed bank deposit of AED 2 million (approximately $545,000) in a UAE bank. If you are 55 or older, you may apply for a 5-year residency visa with an AED 1,000,000 deposit. This guide outlines the step-by-step procedure, who is eligible, what the advantages are, and the tips to have a smooth and successful journey towards a UAE Golden Visa by bank deposit, now for 2025.
What Is a UAE Golden Visa and Why Choose Bank Deposit?
Introduced in 2019, the UAE Golden Visa is a long-term residency program implemented by the Federal Authority for Identity, Citizenship, Customs and Ports Security (ICA). It permits investors, entrepreneurs and skilled professionals to reside in the UAE for 5 or 10 years, with the possibility of renewal, without the need for a local sponsor. Unlike regular visas, the Golden Visa UAE allows for flexibility to sponsor family members and live in a tax-free environment. In 2022, the UAE has cut the minimum investment for Citizenship from AED 5-10 million to AED 2 min, making it widely available.
Why buy the bank deposit Golden Visa? It is a safe investment offering assured returns that is best for those risk-averse investors who do not like to invest in high-risk investment tools such as stock or real estate investment. With a fixed bank deposit, you deposit AED 2 million (or AED 1 million if 55+) into a UAE government-approved bank for a minimum of one to two years, earning low interest in exchange for that valuable residency. This way is direct and quite simple to handle as compared to UAE property investment or company setup in UAE.
Who Is Eligible for a Golden Visa Through Bank Deposit?
In order to be eligible for a UAE Golden Visa for bank deposit, you must meet the eligibility requirements outlined by the Federal Authority for Identity. Here’s what you need:
- Minimum investment amount: AED 2 million ($545,000) in a fixed bank deposit with a bank based in UAE recognized by the UAE government. If you’re 55 or over, AED 1 million suffices for a 5-year residency visa.
- Deposit Tenure: 1 year to 2 years generally (depending on the bank) #8. There is no withdrawal from the account during that period you jeopardize your eligibility for the Golden Visa.
- Choose Your Bank: Avail a loan from. A reputed bank such as First Abu Dhabi Bank (FAB), Abu Dhabi Commercial Bank (ADCB), Ajman Bank, RAK Bank, or Al Maryah Community Bank. These banks provide sharia-charitable deposits such as wakala deposits or sukuk bond products that comply with the UAE’s banking laws.
- Documents: Valid passport with photocopies, a health insurance card (lasts for at least 1 year), proof of legality of money funds, and a confirmation letter of bank deposit. You may also need a rental contract for a house or proof of your housing situation in the UAE.
- Background Checks: Clear security checks and Due Diligence process showing no criminal record or financial difficulties.
- Family Sponsorship: Apply with spouse, children and parents if you can meet the financial needs.
A friend of mine, a Pakistani businessman, for example, applied in 2024 for the UAE Golden Visa by bank deposit. He opted for FAB in light of the interest rates and simple bank account opening process, as well as getting residency for his wife and two kids. The flexible nature of the bank deposit visa Golden Visa makes it perfect for families looking to enjoy the champagne lifestyle in the UAE.
How to Apply for a UAE Golden Visa with a Fixed Bank Deposit
The process for applying for a UAE Golden Visa through bank deposit is a simple one, as long as you follow these steps. Here’s some very simple advice to get you through the process with a particular view of the year 2025:
Step 1: Select a UAE Bank:
Look for UAE banks such as ADCB, RAK Bank, or First Abu Dhabi Bank; you can research them to find the best-fixed deposit terms available. Check interest rates (normally 2-5% a year) and that the bank is government-approved for Golden Visa applications.
Step 2: Open Bank Account:
Simplify the bank account opening process by taking the PRO services or business setup consultant in Dubai) to assist you. You will need a copy of a valid passport and proof of address.
Step 3: Fixed Deposit The Fixed Deposit Amount:
Deposit AED 2 million (or AED 1 million if 55+) in a fixed bank deposit. Enter into a contract at least for a term (typically between 1-2 years). Some banks also offer sukuk bonds or Wakala deposits for extra flexibility.
Step 4: Get Deposit Confirmation:
Your bank provides you with a deposit confirmation letter indicating that you have invested AED 2 million. This is of paramount importance to your Golden Visa processing).
Step 5: Apply:
Apply through the ICP UAE Smart app or ICP. Add Attachments: Copy of passport, Copy of health insurance, Bank deposit, Accommodation, Due diligence files. Pay the cost of service (approximately AED 3,860 per person).
Step 6: Due Diligence:
Background check by the Federal Authority for Identity – Time: 1-2 weeks. Compliance can be maintained by working with a business setup consultant in Dubai.
Step 7: GET PRE-APPROVED:
Once pre-approved, you have two weeks to get the rest of your deposit in if you haven’t already.
Step 8: Get a Residency Visa:
Get approved, and you and your family will be granted a 10-year residency visa (or 5 years if 55 are older)-renewable as long as the deposit is kept.
In 2025, the processing times could be different due to revised UAE banking rules. My friend’s process took four weeks as he had a PRO services team that handled documentation. Enquire with the Federal Authority for Identity on the latest Golden Visa 2025 updates to prevent any delays.
What Are the Benefits of a Bank Deposit Golden Visa?
So, the UAE Golden Visa by bank deposit has a lot going for it, and it’s one of the best options for investors looking for a safe investment and long-term residency. The following are the main advantages of investing in a fixed bank deposit for Golden Visa holders:
- Safe Investment: Your AED 2 million is deposited in the bank & the only document we can produce attached to the bank is the bank deposit slip, which also guarantees your returns (2% up to 5% pa) & you do not have investment market risk such like real estate or shares.
- No Local Sponsor: A no sponsor condition affords you the freedom to reside, work, or establish your business setup in UAE, without the need for a local partner.
- Family Sponsorship – The sponsor can bring his/her family to UAE (spouse/children, parents). This allows the family to live in Dubai and enjoy benefits such as a high standard of living in Dubai, quality healthcare, a high standard of education in UAE, etc.
- Tax Optimization: UAE’s tax-free status implies no personal income taxes or CGTs on your deposit’s income and is the ideal place for your wealth migration objectives.
- No Stay Rules: There are no stay rules for the Golden Visa like for other visas. This means you can reside outside the country for more than 6 months without the fear of losing your residency.
- Loan Facilities: You can borrow against your fixed deposit for setting up a company in Dubai from your bank or for other investment purchases and gain from your business-friendly policies advantage!
- Superior Lifestyle: Enjoy a world-class infrastructure, cultural melting pot & Esaad Privilege Card for service discounts adding value to your lifestyle.
Bank Deposit vs. Real Estate: Which Golden Visa Option Is Best?
Choosing between a bank deposit Golden Visa and real estate investment depends on your goals. Here’s a comparison table to help you decide:
| Criteria | Bank Deposit Golden Visa | Real Estate Investment Visa |
| Minimum Investment | AED 2 million (or AED 1 million if 55+) | AED 2 million (or AED 750,000 for 2-year visa) |
| Risk Level | Low (secure investment, guaranteed returns) | Moderate (market fluctuations, property management) |
| Returns | Modest interest (2-5% annually) | Potential rental income, property value appreciation |
| Management | Minimal (bank handles deposit) | Active (property maintenance, tenant management) |
| Eligibility | Fixed deposit in UAE banks | Property in Freehold Zones, off-plan properties |
| Family Sponsorship | Yes (spouse, children, parents) | Yes (spouse, children, parents) |
| Flexibility | No stay restrictions, no sponsor requirement | No stay restrictions, no sponsor requirement |
| Renewal | Maintain deposit for visa renewal | Maintain property ownership for visa renewal |
The bank deposit visa suits risk-averse investors who value simplicity and low-risk investment. Real estate is better for those seeking higher returns through rental income or property value appreciation, but it requires more effort. For instance, a friend chose a fixed deposit for its guaranteed returns and used PRO services to set up a business in Dubai, combining business setup in UAE with his Golden Visa benefits.
What to Consider Before Choosing a Fixed Bank Deposit
Before opting for a UAE Gold Visa for bank deposit, don’t forget these:
- Withdrawal Restrictions: You can’t touch your AED 2 million during the 1-2 years term. You could face penalties and even put your Golden Visa application in jeopardy if you try to withdraw early.
- Interest Rates: Compare interest rates of UAE Banks to find the UAE Interest Rate. RAK Bank may offer 3% per annum in return, and ADCB may offer 4% for longer terms. Comparison shop to get the highest guaranteed returns.
- Banking Dependability: Pick a government-licensed bank, such as First Abu Dhabi Bank and Ajman Bank, to ensure you abide by the laws of UAE banking.
- Visa Renewal: Renew your 10-year residency by keeping the fixed deposit. If you transfer less than AED 2 million, you jeopardize your visa.
- Documentation Expenses: Factor in expenses such as visa issuance at AED 3,860 per person, medical examination at $220 and health insurance at $400.
- 2025 Updates: Consider checking for the UAE Golden Visa 2025 updates on processing times or protocols, with respect to the fact that these sorts of policies can tend to change.? HIT, www.id.gov.ae, Although the latter is a bit more expensive. ICP) is a reliable source.
How Can Business Setup in UAE Enhance Your Golden Visa Journey?
A Golden Visa UAE bank deposit grants you access to a business setup in the UAE, and it is an attractive option for entrepreneurs. You have enough time to consider company formation in Dubai or other emirates without a local sponsor due to the no-sponsor requirement with your 10-year residency. Here’s how it connects:
- Business-Conducive Legal Framework: Business setup in Dubai benefits from a tax-free environment and low tax regime in the UAE. Leverage your fixed deposit as a way to secure loans for your business.
- PRO Services: You don’t have to worry about the documents and paperwork since it’s done by the PRO Service providers who help in setting up a business in UAE, from licenses to the visa process; it helps to save time and keeps the company legal.
- Wealth Migration: Through Golden Visa, wealth migration is achievable where you can bank by investing in the UAE banking sector to start a business from one of the Freehold Zones such as AREA 2071 or HUB71.
- Family Benefits: Through your family sponsorship visa, your spouse and children can accompany your business setup in Dubai, making the most of the higher standard of living in the UAE.
Frequently Asked Questions About UAE Golden Visa by Bank Deposit
Q1: What is the minimum deposit for a UAE Golden Visa?
You need AED 2 million ($545,000) in a fixed bank deposit for a 10-year residency visa or AED 1 million if you’re 55 or older for a 5-year residency visa.
Q2: Which UAE banks offer fixed deposits for Golden Visa eligibility?
Reputable banks like First Abu Dhabi Bank (FAB), Abu Dhabi Commercial Bank (ADCB), RAK Bank, Ajman Bank, and Al Maryah Community Bank offer fixed deposits compliant with UAE Golden Visa requirements.
Q3: What are the risks of a bank deposit Golden Visa?
The fixed bank deposit is a low-risk investment, but withdrawal restrictions prevent access to funds for 1-2 years. Early withdrawal may incur penalties and affect visa renewal.
Q4: How long does the UAE Golden Visa application process take in 2025?
The process typically takes 4-6 weeks, including Due Diligence and approval. Check ICP for Golden Visa 2025 updates on timelines.
Q5: Can I sponsor my family with a bank deposit Golden Visa?
Yes, you can sponsor your spouse, children, and parents for family residency visas, provided you meet financial requirements.
Conclusion: Start Your UAE Golden Visa Journey Today
Securing a UAE Golden Visa through a bank deposit is a smart, low-risk investment for investors seeking long-term residency in a tax-free jurisdiction. With a fixed deposit of AED 2 million (or AED 1 million if 55+), you can enjoy no stay restrictions, family sponsorship, and a high standard of living in the UAE. The process is simple—choose a UAE government-recognized bank, place your deposit, and apply through ICP UAE Smart or ICP . Plus, you can leverage your business setup in UAE to grow your wealth in a business-friendly environment.
Ready to start? Consult a business setup consultant in Dubai or use PRO services to streamline your UAE Golden Visa by bank deposit application. With the right steps, you’ll be living in the UAE’s vibrant cities like Dubai or Abu Dhabi, enjoying tax optimization and a secure investment. Contact a trusted advisor today to explore your Golden Visa eligibility: fixed bank deposits and make the UAE your new home!
