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UAE Golden Visa for Property Investors: Eligibility and Benefits

uae golden visa for property investors

In a remarkable display of its growing appeal to global investors, Dubai issued 158,000 Golden Visas in 2023 alone. The UAE Golden Visa provides property investors with a stable ten-year residency, offering a unique opportunity to engage in the dynamic market of one of the world’s fastest-growing economies—without the need for a local sponsor.

Who Can Apply?

To qualify for the UAE Golden Visa as a property investor, one must meet specific financial thresholds and conditions:

Property Ownership

The applicant must own property or combined properties in Dubai valued at a minimum of 2 million AED.

Mortgage Considerations: For properties under mortgage, a bank statement showing a payment of at least 2 million AED is essential. Alternatively, a No Objection Certificate (NOC) from the bank or the developer might be required.

Residency During Application

Applicants must remain within the UAE during the visa application process and are advised not to travel until residency has been granted.

Joint Ownership

Spouses can jointly own property. If jointly owned, the property value must be at least 4 million AED to qualify both owners. If less, only one can apply and sponsor the other, provided that marriage certificates and legal translations are duly attested.

Required Documentation

Successful application for a Golden Visa requires the following documents:

  • Title Deed: This document must reflect a property value of at least 2 million AED.
  • Passport: Must be valid for more than six months.
  • Emirates ID: Required if previously issued.
  • Photograph: A high-quality digital image that complies with UAE standards.
  • National ID: Necessary for applicants from specific countries.
  • Health Insurance: Must be valid within the UAE.

Benefits of the Golden Visa

The Golden Visa offers numerous advantages that make it an attractive option for international investors:

Extended Stay Flexibility

Visa holders can reside outside the UAE for indefinite periods without affecting their visa status.

Family Sponsorship

Investors can sponsor their spouse, children, and parents under the same visa for ten years.

Security

The UAE is globally recognized for its safety and stability, offering a secure environment for families and businesses.

Employment Rights

Visa holders are permitted to live and work in Dubai, with necessary approvals from MOHRE.

 

 

This visa not only allows you to live and work in Dubai but also manage personal staff like housemaids or drivers under the same visa. The process requires you to stay in the UAE until all formalities are completed, ensuring your presence during critical stages of the application.

The UAE Golden Visa is an excellent pathway for those seeking to invest in the vibrant real estate market of Dubai and enjoy substantial lifestyle and business benefits. With its long-term stability and growth prospects, it’s an attractive option for serious property investors.

How Can Choose UAE Help

For expert assistance in navigating the complexities of the UAE Golden Visa application, turn to Choose UAE. Our team is equipped to help you meet all requirements efficiently, ensuring a smooth process from start to finish. Contact Choose UAE today to leverage our expertise and secure your future in the UAE’s thriving economy.

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