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UAE Golden Visa - Residency By Investment Program

Processing Time

2-3 weeks

CONTRIBUTION OR REAL ESTATE

AED 750,000

VISA-FREE ACCESS TO

174+ countries

Overview of UAE Golden Visa - Residency By Investment Program

In 2019, the United Arab Emirates (UAE) launched a new visa program known as the “Golden Visa.” This long-term visa scheme allows foreign nationals to reside, work, and pursue education opportunities in the UAE. The Golden Visa is part of an effort to attract more foreign residents, with Dubai being a key focus for this initiative. The UAE Residence by Investment program seeks to provide long-term residence to foreign investors, businesses, and qualified individuals who make significant investments in the country.

How to obtain the UAE Golden Visa

To secure a UAE Golden Visa, there are three primary pathways:

  1. Real Estate Investor (10-year visa):

This option requires a minimum investment of AED 2,000,000 ($544,959.12 USD) in real estate.

  1. Investment Fund Investor (10-year visa):

You can obtain a Golden Visa by investing a minimum of AED 2,000,000 ($544,959.12 USD) in an eligible investment fund.

  1. Real Estate Retired Investor (5-year visa):

This pathway entails a minimum investment of AED 750,000 ($204,189 USD) in real estate and grants a 5-year Golden Visa. Please note that the investor should be 55 years and above.

  1. Real Estate Investor ( 2- year visa) :

This pathway entails a minimum investment of AED 750,000 ($204,189 USD) in real estate and grants a 2-years Golden Visa. Please note that the age of the investor should be less than 55 years

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Processing Time

2-3 weeks

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Real Estate or investment

AED 750,000

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Self Sponsored Residency for

5 - 10 years

UAE Investment Options

AED 2,000,000

Real Estate Investor (10-year visa)

By investing a minimum amount of AED 2,000,000 ($544,959.12 USD) in real estate, investors can qualify for a 10-year visa. This option allows individuals to make a significant investment in the UAE's property market and enjoy an extended period of residency.

AED 2,000,000

Investment Fund Investor (10-year visa)

Investors can obtain a 10-year visa by committing a minimum investment of AED 2,000,000 ($544,959.12 USD) into approved investment funds. This option provides an opportunity to diversify one's investment portfolio while gaining long-term residency in the UAE.

AED 750,000

Real Estate Retired Investor (5-year visa)

Individuals who invest a minimum amount of AED 750,000 ($2,04,190.28 USD) in real estate can qualify for a 5-year visa under the retired investor category. This option caters specifically to retirees who wish to invest in UAE real estate and enjoy a shorter-term residency option.

AED 750,000

Real Estate Investor ( 2- year visa)

This pathway entails a minimum investment of AED 750,000 ($204,189 USD) in real estate and grants a 2-years Golden Visa. Please note that the age of the investor should be less than 55 years

Why choose the UAE?

  • Tax-Free Income: The UAE does not impose personal income, corporate, or capital gains taxes; all earnings can remain yours!
  • High Standard of Living: The UAE boasts an excellent standard of living with its excellent infrastructure, healthcare systems, education programs, and transportation networks.
  • Business-Friendly Environment: The UAE provides a conducive business environment, offering low taxes, few regulations, and a talented workforce. 
  • Political Stability:With a strong economy and political stability at its core, the UAE stands as a great place for foreign investments to prosper.
  • Cultural diversity: The UAE is home to people from across the world, forming an eclectic melting pot. 

Cost of living in the UAE

The cost of living in the UAE varies based on where you reside, your lifestyle choices, and your spending habits. 

Housing

In Dubai, one-bedroom apartments typically rent for AED 5,000 per month, while three-bedroom units run up a bill of around AED 10,000 monthly.

Food

On average, groceries for one person cost AED 1,000 per month, while for four-member families, this figure increases to AED 2,000 per month.

Transportation

An average monthly public transportation pass costs AED 200, while taxi rides average around AED 20 per km in Dubai.

Utilities

For one-bedroom apartments, electricity, water, and gas costs average AED 500 each month, while three-bedroom apartment costs can reach AED 1,000 monthly.

Entertainment

 In Dubai, an average cost for movie tickets is AED 50, while dinner for two at a mid-range restaurant runs around AED 200.

Other expenses

Clothing, personal care items, and miscellaneous expenses typically run approximately AED 500 each month.

Living costs can vary widely in the UAE depending on your lifestyle and spending habits, but on average, an individual should expect to spend around AED 10,000 per month on living expenses, while families of four should budget AED 20,000.

Key Facts

Capital

Abu Dhabi

Languages

Arabic, English

Currency

UAE dirham

Population

10.2 million (2024)

What are the eligibility criteria to apply for the UAE Golden Visa?

  • Minimum networth  of AED 2,000,000 ($544,959.12 USD) for real estate and investment fund investors
  •  Minimum networth of AED 750,000 ($204,189 USD) for real estate retired investor 
  • No criminal record 
  • Age 18 years old and above 
  • No deportations / visa refusals

UAE Golden Visa Required Documents

1.Investor in an investment fund ( Commercial Investor) – Premier – 10 years

Required Documents:

  • Auditor of the company’s financial report from the previous year.
  • Copy of the license and partner supplement (Industrial and commercial only).
  • Copy of residence
  • Bank statement for the company for the last 3 months.
  • VAT Return (tax invoice tax record for the previous year.

Notes:

  • Applications for any other types are not accepted; the Emirate of Dubai only accepts applications for commercial or industrial licenses.
  • If the license is in free zones or special development zones, a to Whom It May Concern certificate from the relevant free zone authorities is required.

2.Investor in an investment fund (deposit) – Premier- 10 years

Required Documents:

  • A letter in Arabic from the bank with the deposit details. Please note that the customer cannot withdraw the deposit “before its due date/amount for two years” without approval from the General Directorate of Residency and Foreign Affairs.
  • Residence Copy.
  • Tenancy Contract.

3.The real estate investor: To apply for a ten-year renewable residency visa, the criteria state that the real estate investor must own a property valued at AED 2,000,000 or more at the time of purchase.

Required Documents:

  • Original Passport
  • Title deed certificate
  • 3 personal photos
  • Police clearance (sent to the Land Department and issued by Dubai Police)
  • Copy of latest visa in the UAE. 

The applicant must meet the following requirements:

  1. The applicant must possess at least one property or owned share with a minimum value of 2 million or more.
  2. If the property is under a mortgage, the applicant must have paid a minimum of $2 million in property value to the bank. They should also provide a No Objection Certificate (NOC) letter and a letter indicating the amount that has been paid.
  3. A marriage certificate is required to be able to share one property.
  4. A Power of Attorney (POA) will be required if the application is submitted on behalf of the investor.

4.The retired real estate investor: To apply for a five-year renewable residency visa, the criteria state that the real estate investor must own a property valued at AED 750,000 or more at the time of purchase.

Required Documents:

  • Original Passport.
  • Title deed certificate
  • Personal photo
  • A police clearance document issued by the Dubai Police and addressed to the Land Department.
  • Copy of latest visa in the UAE.
  • Minimum age 55 years or  above.

The applicant must meet the following requirements:

  • The minimum property value is 750,000 AED
  • In case the property is mortgaged, 50 % of the property value, or at least 750,000 AED, is to be paid to the bank. The visa application must be submitted with an Arabic NOC letter and a mortgage bank statement.
  • If the value of a property is 750,000 AED or higher, both the husband and wife are eligible to share ownership of the property. However, it is necessary to provide an attested marriage certificate as part of the documentation process.
  • A Power of Attorney (POA) will be required if the application is submitted on behalf of the main applicant. 

How Many Dependents Can be Included in a Single Application?

UAE Golden Visa holders enjoy the perk of sponsoring their spouses, children (regardless of age), and parents for up to ten years. They can also sponsor an unlimited number of domestic workers under the Golden Visa. This expanded sponsorship opportunity for family members and domestic workers sets the Golden Visa apart from regular residency visas in the UAE.

Starting investment for UAE Residency is AED 750,000

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    Step by Step procedures and time frame for obtaining residency in the UAE

    1-Determine your eligibility: The first step is to determine which category of Golden Visa you are eligible for.

    2- Gather your documents: Once you have determined your eligibility, you will need to gather the required documents. The specific documents required will vary depending on the category of Golden Visa you are applying for. However, some common documents include:

    •   A valid passport
    •  A medical certificate
    •  A criminal background check
    • Proof of financial solvency

    3- Submit your application: Once you have gathered your documents, we can submit your application to the UAE government.

    4- Pay the application fee: There is an application fee for the Golden Visa. The amount of the fee will vary depending on the category of Golden Visa you are applying for.

    5- Wait for your application to be processed: The processing time for a Golden Visa application can vary depending on the category of Golden Visa you are applying for. However, it typically takes between 10 and 14 working days.

    6– Receive your Golden Visa: If your application is approved, you will be granted a Golden Visa after the medical test, Emirates ID application, and change of status. The Golden Visa will be valid for a period of ten-five years.

    The Golden Visa process in the UAE is relatively straightforward and can be completed in a few steps. However, it is important to note that the application process can be time-consuming, so it is important to start the process early.

    How do I avoid mistakes when applying for the UAE Golden Visa?

    When embarking on the journey to obtain UAE residency, entrusting your application to a reputable migration agency like Migrate World can be the strategic advantage you need. Our seasoned experts are well-versed in the intricate details of the application process, ensuring meticulous adherence to the country’s stringent requirements. With a track record of successful outcomes, Migrate World offers personalized assistance, saving you valuable time and minimizing the risk of errors that could delay or hinder your application. As your dedicated partner, we not only simplify the complexities but also provide you with up-to-date insights, empowering you to make informed decisions. 

    Program Summary

    Learn more about the country and it's citizenship by investment.

      Similar Residence by Investment Programs

      UAE Golden Visa Benefits

      • Long-term residency in the UAE (5-10 years) 
      • Live, work and study in the UAE 
      • 100% ownership of businesses in the UAE’s mainland
      • Processing time to residency 1-3 months

      How can the Migrate World Help You?

      Migrate World team offers essential support to clients pursuing the UAE  Golden Visa. With expert guidance, personalized solutions, and thorough assistance in documentation, investment choices, application, due diligence, and post-approval steps, Migrate World ensures a smooth and successful journey toward obtaining residency in Dubai, UAE. Clients benefit from their expertise, minimizing complexities and maximizing the likelihood of a favorable outcome.

      Comparing Citizenship by Investment Countries

      Does the UAE provide a Golden Visa?

      Yes, the UAE provides a Golden Visa Program. It offers a pathway for foreign individuals who are not residents to attain a 5 or 10-year residency in the nation. This opportunity for an extended stay is made possible by acquiring real estate or making a public investment in the UAE, and the option to renew exists even without a formal sponsor.

      Schedule a meeting with us 

      Frequently Asked Questions

      The program has categories for investors, entrepreneurs, skilled professionals, outstanding students, and exceptional talents. Each category has its own set of criteria and benefits.

      No, you don't necessarily need a job offer to apply as a professional. You can apply based on your qualifications and experience.

      Yes, property ownership is not a requirement for the Golden Visa, but it can be an added advantage for certain categories, like investors and entrepreneurs.

      The processing time for residency is 1 to 3 months 

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