Golden Visa Real Estate Investors Guide in UAE
Investing in the UAE real estate market offers a gateway to long-term residency through the Golden Visa program. We’ll provide insights into the benefits, eligibility criteria, application process, fees, and FAQs for real estate investors aiming to secure a golden visa in the UAE.
Benefits of Golden Visa Real Estate Investors
The UAE investor golden visa serves as a unique opportunity for expats and foreigners to invest in the country while enjoying a plethora of benefits. Notably, holders of this long-term residence visa can:
- Obtain a 6-month entry visa.
- Enjoy a valid visa for 5 to 10 years, easily renewable.
- Stay outside the UAE for more than 6 months while their residence visa is valid.
- Sponsor family members of all ages.
Who is Eligible to Apply for a UAE Golden Visa?
The Dubai Golden Visa caters to a diverse group, including investors, entrepreneurs, scientists, top-performing students, graduates, and humanitarian pioneers. This program reflects the UAE’s commitment to attracting and retaining high-caliber talent across various fields.
When Can Investors Apply for UAE Golden Visa?
To kickstart the process, investors must own real estate in the UAE. This guide covers the golden visa requirements, application steps, fees, and other crucial details for aspiring investors.
Eligibility Conditions to Apply for UAE Golden Visa Through Real Estate Investment
To qualify for a real estate investor visa in the UAE, certain conditions must be met:
- Acquire a letter from the Dubai Land Department (DLD) proving ownership of properties valued at AED 2 million or more.
- Purchase a property through a loan from a local bank authorized by the relevant local entity.
For fully owned, mortgaged, or off-plan properties, specific documentation is required, ensuring a streamlined application process.
How Can You Apply for a Golden Visa as a Real Estate Investor?
Applying for a real estate investor golden visa is a straightforward process, whether in Dubai, Abu Dhabi, or other emirates. The steps include an online application through the ICP smart services website, in-person visits to customer happiness centers, or authorized typing centers.
What Are the Fees for Issuing a Golden Visa for Real Estate Investors?
The cost of obtaining a Dubai Golden Visa varies based on the applicant’s location. For residents within the UAE, the fee ranges from AED 2,800 to AED 3,800, while for those outside the UAE, it is slightly higher, ranging from AED 3,800 to AED 4,800. These costs are subject to change and may vary based on specific circumstances.
Frequently Asked Questions (FAQs)
- How Long Is the Validity of a Golden Visa for Real Estate Investors? The validity is up to 5 years, with the option for renewal if the conditions still apply.
- What Are the Best Areas to Invest in Real Estate? Top areas in Dubai for investment include Jumeirah Village, Jumeirah Palm, Mirdif, and Arabian Ranches.
- How much does real estate cost for Golden Visa? The minimum property value required for a Golden Visa through real estate investment is AED 2 million.
- Can I get a Golden Visa if I buy property in Dubai? Yes, purchasing property in Dubai or elsewhere in the UAE with a minimum value of AED 2 million qualifies for a 10-year Golden Visa.
The Golden Visa for real estate investors in the UAE presents lucrative opportunities for investors seeking high-level residency in this iconic country. Make informed decisions, follow the outlined steps, and enjoy the benefits of this exclusive program.
