UAE is a consistently growing destination for worldwide investments thanks to its expanding markets and vital location. Because of that, UAE offers its investors a chance to get a long-term golden visa real estate investor under its laws and conditions.
So, if you’re an investor or planning to invest in the city, the golden visa for real estate in the UAE is a great option. Through this guide, you will learn all about it, how to apply, the requirements, and more.
- Golden Visa benefits
The UAE investor golden visa was launched to allow expats and foreigners to invest in UAE, along with enjoying all the benefits of living there. It’s also one of the types of investment visas in UAE.
In addition, this long-term residence visa allows expats to live in the UAE without needing a sponsor.
There are many benefits for investors to have a golden visa, such as:
Getting a 6-month entry visa.
Having a valid visa for 5 to 10 years is also easily renewed.
Staying outside the UAE for more than 6 months while their residence visa is valid.
Sponsoring their family members of all ages.
- Who is eligible to apply?
The UAE Golden Visa is an exclusive long-term residency program designed for a diverse group of foreign talents. Investors, entrepreneurs, scientists, top-performing students, and graduates, as well as individuals recognized as humanitarian pioneers or frontline heroes can be eligible for the UAE Golden Visa.
This visa offers them the opportunity to live, work, or study in the UAE, along with enjoying a range of exclusive benefits. It represents the UAE’s commitment to attracting and retaining high-caliber talent across various fields, contributing to its dynamic, multicultural community.
- When can an investor apply for a Golden Visa?
Obtaining an investor’s golden visa starts with owning a piece of real estate in the UAE. Below you will find a full guide that covers UAE investor golden visa requirements, application steps, fees, frequently asked questions and more.
- What are the eligibility conditions to apply for a Golden Visa through real estate investment?
In order to get a real estate investor visa in UAE, you should be eligible for it. Find below the requirements that you should meet.
Acquiring a letter from Ras Alkihamah Land Department (DLD), proving that you own one or more properties valued at AED 2 million to get 10-year golden visa or AED 1 million to get 5-year golden visa.
Having purchased a property through a loan from a local bank that is also authorized by the adequate local entity.
If the previous requirements apply to you, then you will be granted a 5-year Golden Visa that is also renewed upon the same requirements and conditions.
Moreover, conditions may vary depending on the emirate itself. For instance, Abu Dhabi Residents Office requires maintaining the investment for at least 2 years after the issuing of the real estate investment visa.
For Fully owned Property
A registered Purchase Agreement with the DMT. This document provides information regarding landlord, property, address, and purchase value.
A Real Estate Unit Value Certificate
Note that you need only one of the two documents mentioned above.
For Mortgaged Property
Real Estate Unit Value Certificate issued by the DMT or any other authorised real estate registration in UAE
Search Certificate issued by DMT. This certificate is required to prove that the property is not subjected to a seizure by any party
For Off-plan Property
A Purchase Agreement from an approved real estate developer to provide information regarding landlord, property, address, and purchase value
Evidence that the property’s worth isn’t less than AED 2,000,000
How can you apply for a Golden Visa as a real estate investor?
Below you will find the steps to apply for a real estate investor golden visa whether in Dubai, Abu Dhabi, or other emirates:
Online application
Visit the ICP smart services website to start your application
Go to services list, and choose golden visa services
Fill out your application form
Submit required documents
Pay the fees
Then, you will receive your application through your email
Customer happiness centers
Visit your nearest centre
Get a ticket to enter the que
Submit all required documents fulfilling the conditions to the officer
Pay service fees if needed
Typing Centers
Visit your nearest typing centre authorised by ICP
Submit full application and documents
Pay fees if needed
- What are the fees for issuing a Golden Visa for a real estate investor?
The cost of obtaining a Dubai Golden Visa varies based on the applicant’s current location. For individuals already residing within the UAE, the visa fee ranges from AED 2,800 to AED 3,800. Meanwhile, for those applying from outside the UAE, the cost is slightly higher, ranging between AED 3,800 and AED 4,800.
It’s important to note that these costs are subject to change and may vary based on specific circumstances and additional processing fees.
You will find the cost breakdown of the fees below according to the ICP website:
Residency fees: AED 2,280
ID fees: AED 575
E-services fees: AED 28
ICP fees: AED 22
Smart services fees: AED 100
