UAE Golden Visa for Property Investor

The UAE has always been an attractive destination for investors, thanks to its vital location, great infrastructure and thriving business environment. This is why the UAE has introduced a long-term visa for real estate investors, further solidifying its position as a world-renowned investment hub.

This initiative, aimed at attracting and retaining property investors, allows those individuals to secure a renewable investor Golden Visa for up to 10 years.

In this blog, we will explore the various benefits of the UAE Golden Visa, the requirements and how to apply. Stay tuned to find out all about the UAE Golden Visa through property investment!

UAE Golden Visa eligibility for property investors

To qualify for the UAE Golden Visa as a property investor, certain eligibility criteria must be met. These include:

1. Minimum investment: A minimum property investment of AED 2 million is required to get a Golden Visa in the UAE. This investment can be spread across multiple properties, as long as the total value meets the needed amount. Investors should pay the 4% DLD fee and possess Oqood and SOA (Statement of Agreement).
2. Property type: The property must be residential or commercial, and if it’s an off-plan property, then the construction must be 50% completed.
3. Ownership: The property must be wholly owned by the investor, and joint ownership is allowed if each individual’s share meets the minimum investment required. 

Benefits of the UAE Golden Visa for property investors

Obtaining a property visa in the UAE comes with many benefits, like:

1. Long-term residency: The UAE Golden Visa offers the stability of having a 10-year renewable residency visa, allowing you to establish long-term goals in the UAE. Unlike the traditional visas that need frequent renewal, the UAE Golden Visa offers peace of mind and the ability to plan for the future.
2. Business freedom: Having a UAE Golden Visa makes it easier to setup businesses, enabling you to start and manage your own business without the need for a sponsor. This independence is very important for investors looking to maximise their business potential and take full control of their enterprises.
3. Easy sponsorship: Golden Visa holders can sponsor their spouses, children (below the age of 30) and parents. This means your loved ones can enjoy the same privileges, making it easier to relocate and settle in the UAE. In addition to that, Golden Visa holders can even sponsor their domestic helpers.
4. Education and healthcare: Access to top-tier education and healthcare services is a significant perk for Golden Visa holders and their families. The UAE is home to some of the best schools and medical facilities in the region, ensuring high-quality services for your family’s well-being.
5. Enhanced lifestyle: The UAE offers a high standard of living with world-class infrastructure, safety, and entertainment options. From luxury shopping malls and fine dining to cultural events and recreational activities, the UAE has something for everyone.

Required documents

1. Active Passport
2. Passport size photograph
3. Statement of Account
4. Oqood/Title Deed
5. Emirates ID and Current Visa (only for Residents)

Note: The client needs to be present in Dubai in order to start the process.

How to apply for a Golden Visa for property investors

Here are the basic steps of the application process to get a UAE Golden Visa:

1. Documentation: Gather all required documents. Proper organisation and preparation of these documents will make the application process quicker.
2. Application submission: Submit your application through the relevant authorities, such as the Dubai Land Department or other emirate-specific real estate regulatory bodies. Make sure to double-check all forms and attachments for completeness and accuracy.
3. Processing: Upon submission, the application will be reviewed, and a background check will be conducted. This step may take a few weeks, during which your documents will be verified.
4. Approval: Once your application is approved, you will receive your Golden Visa, granting you and your family long-term residency in the UAE. 

Final thoughts

Navigating the UAE Golden Visa application process can be overwhelming, particularly for those unfamiliar with local laws and regulations. The procedure is time-consuming, requiring the collection and submission of numerous documents and having to wait for a period of time for official review.

To simplify this process, PRYPCO provides end-to-end UAE Golden Visa processing service. Also, we can assist you if you’re looking to obtain a 2-year investor visa. From document handling and attestation until you receive your visa, our team will guide you every step of the way. You can even secure your UAE Golden Visa within 3-5 working days thanks to our VVIP service.

Want to know more about UAE Golden Visas? Download our handbook here.