Dubai Property Investor Visa
In 2019, the UAE implemented a new system for long-term residence visas. The new system enables foreigners to live, work, and study in the UAE without the need of a national sponsor and with 100 percent ownership of their business on the UAE’s mainland. These visas are issued for two, five, or ten years and will be renewed automatically.
What are the key benefits of a Dubai Property Investor Visa? Living in the UAE has many advantages, including:
- warm climate
- low taxes
- no direct personal taxes
- excellent investment opportunities
- high quality of life
- business-friendly policies
What are the eligibility requirements for a Dubai Property Investor Visa? Ten Years Visa or Golden Visa – Requirements:
- A ready property in the UAE with a minimum value of 2 million Dirhams
- Under-construction with 50% construction completed, at least paid the minimum value of 2 million Dirhams.
- If the property is mortgaged, then an NOC from the bank is required and it must show the total paid-up amount and remaining amount; clearing at least 2 million dirhams.
- If the property is mortgaged by the developer, a copy of the initial sale certificate would be required with a payment statement.
- Husband and Wife can participate in one property.
Benefits of a Golden Visa:
- Sponsorship of your Family for the same period for 10 years.
- Sponsorship of your children up to 30 years old for boys (if married ) and for unmarried sons and daughters (no age limit);
- Sponsorship of your parents or parents-in-law for 10 years visa
- No limit on extended stay outside the UAE
- Dubai investor visa holders are permitted to reside and work in Dubai, UAE
- There is essentially no crime
Retirement Visa or Five Years Visa:
- Ready Property with the Purchase Price of AED 1 million or more
- Age of the applicant must be 55 years or more
- 5 years of UAE Residency offered
- Available for renewal after the renewal period (subjected to the set criteria)
Two Years Investor Visa:
- A ready & not under-construction property in the UAE with a minimum value of AED 750,000
- If the property is mortgaged, then an NOC from the bank is required and it must show the total paid amount and the remaining amount
- If the property is mortgaged by the developer, a copy of the initial sale certificate would be required
- If the property is completed and not under construction, a payment statement with proof of payment for 50% of the entire property value or AED 375,000 is required
- Certificate of good conduct and behavior issued by Dubai Police addressed to the Dubai Land Department is a compulsory requirement for this category.