On the ground, unlike a standard UAE residence visa, the Entrepreneur Golden Visa does not depend on an employer or a company sponsor, and it allows you to stay outside the UAE for extended periods without losing residency. As a rule, the Entrepreneur Golden Visa is a 10-year renewable UAE residence visa for founders of SMEs or start-ups with annual revenue of AED 1 million or more, or those whose venture is approved by an accredited incubator. The most common businesses Austrians open through GoldenKey are in engineering, hospitality, construction technology and trading, although Entrepreneur Golden Visa supports almost any activity. From day one, payments between Austria and the UAE are routine: the dirham is pegged to the dollar, euro (EUR) transfers settle quickly and UAE banks are familiar with Austrian business profiles.
Why Entrepreneur Golden Visa
Crucially, eligibility for the Entrepreneur Golden Visa requires own or partner in a UAE SME with annual revenue of at least AED 1 million. In short, processing of the Entrepreneur Golden Visa is 4 to 8 weeks including the Ministry of Economy approval, and GoldenKey tracks each approval stage for you. Austrian applicants benefit from the fact that Entrepreneur Golden Visa already has many Austrian shareholders on its register, so its officers recognise Austria paperwork and name formats instantly.
How Entrepreneur Golden Visa works with GoldenKey
Step 1Eligibility assessment
From day one, we review your profile against the Entrepreneur Golden Visa rules and give you a straight answer on eligibility before any fees are paid. For the Entrepreneur Golden Visa for Austrians this step rarely needs your presence; scans and e-signatures are enough.
Step 2Nomination or approval letter
GoldenKey obtains the category-specific approval letter from the competent authority for the Entrepreneur Golden Visa.
Step 3Application and medical
The Entrepreneur Golden Visa application is lodged with ICP or GDRFA, followed by your medical fitness test and Emirates ID biometrics. For the Entrepreneur Golden Visa for Austrians this step rarely needs your presence; scans and e-signatures are enough.
Step 4Stamping and family
Crucially, once the 10-year visa is issued, GoldenKey handles family sponsorship visas one by one.
Documents required
For the Entrepreneur Golden Visa for Austrians the registrar asks for the following documents, and we tell you exactly how each must be formatted.
- Passport copy
- Educational certificates attested by the Austria authorities and the UAE embassy, for professional activities
- Ministry of Economy approval
- A passport released by Austria with at least six months' validity
- A bank statement from your Austria bank for the last three months, which banks use to understand your profile
- Medical fitness certificate
Pricing
As a rule, all prices for the Entrepreneur Golden Visa for Austrians are indicative, shown in AED and confirmed in writing before any payment. As a rule, pricing for the Entrepreneur Golden Visa for Austrians depends on the package you choose; every option below includes GoldenKey's service and the government fees stated.
| GoldenKey service fee | AED 10,000 |
|---|---|
| Government fees (approx.) | AED 5,000 |
| Approximate total | AED 15,000 |
Prices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-07.
Why the UAE
As we tell every client, residence visas for owners and families come with the company, which makes the Entrepreneur Golden Visa for Austrians a route to relocation as well as a business decision. As a rule, the dirham has been pegged to the US dollar since 1997, which removes currency risk for the Entrepreneur Golden Visa for Austrians and makes international pricing simple.
Why GoldenKey
To be clear, if a document is missing or an approval is delayed on your Entrepreneur Golden Visa file, we tell you immediately and explain the fix, rather than letting the file sit. Crucially, most of our Entrepreneur Golden Visa clients come to us through referrals from other entrepreneurs, and that is why we take pride in keeping every promise we put in writing. GoldenKey's consultants have handled the Entrepreneur Golden Visa for Austrians for traders, consultants, tech company owners and family offices, which gives us a realistic view of what each authority approves fast.
Message GoldenKey now and we will prepare a personalised quotation for the Entrepreneur Golden Visa for Austrians, valid for 30 days and confirmed in writing.
Frequently asked questions
Can I work or run a business on the Entrepreneur Golden Visa?
Yes. Golden Visa holders can own companies, work for employers and operate as freelancers without a separate sponsor.
Do I need to live in the UAE to keep the Entrepreneur Golden Visa?
No minimum stay applies. Golden Visa holders can remain outside the UAE for more than six months without the visa being cancelled.
Can I include my family in the Entrepreneur Golden Visa?
Yes. Golden Visa holders can sponsor their spouse, children of any age and parents, each receiving a residence visa for the same duration.
Can a Austrian citizen own 100% of a company in Entrepreneur Golden Visa?
Absolutely. Austrians can own the full share capital of a Entrepreneur Golden Visa company with no local partner, exactly like any other nationality.
Do Austrians need a UAE visa before applying for Entrepreneur Golden Visa?
Not in that case. You can apply for the licence from Austria with scanned documents, and the investor residence visa is completed afterwards.


