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Investor Visa in Dubai
Blog
Investor Visa in Dubai
Requirements for an Investor Visa in Dubai
Dubai offers several investor visa options to attract foreign nationals looking to make the UAE their home and business base. Implemented in 2019, these visas facilitate long-term residency and 100% property ownership without the need for a national sponsor. Here’s an overview of the types of investor visas and their requirements
Requirements for an Investor Visa in Dubai
Dubai offers several investor visa options to attract foreign nationals looking to make the UAE their home and business base. Implemented in 2019, these visas facilitate long-term residency and 100% property ownership without the need for a national sponsor. Here’s an overview of the types of investor visas and their requirements.
What is a Dubai Investor Visa?
The Dubai Investor Visa, also known as the Dubai Partner Visa, is designed for foreign nationals investing in real estate or businesses in Dubai. It provides:
- Legal residency in the UAE.
- Access to services like UAE ID, bank accounts, Dubai driving license, and mobile services.
- The ability to sponsor family members
What is a Dubai Investor Visa?
The Dubai Investor Visa, also known as the Dubai Partner Visa, is designed for foreign nationals investing in real estate or businesses in Dubai. It provides:
- Legal residency in the UAE.
- Access to services like UAE ID, bank accounts, Dubai driving license, and mobile services.
- The ability to sponsor family members
Investor Visa Options for Real Estate
1. Three-Year Residence Visa
To qualify for a three-year residence visa through the Dubai Land Department’s (DLD) Taskeen Program:
- Eligibility Criteria:
- Property value must be at least AED 750,000.
- For mortgaged properties, the investor must pay at least 50% or AED 750,000 to the bank (requires a paid amount letter and NOC).
- Investment must not rely on credit.
- For joint ownership, each party’s share must be at least AED 750,000.
- Married couples sharing a property of AED 750,000+ must present a marriage certificate.
- Application Steps:
- Visit DLD’s Cube Centre
- Submit required documents and fees
- Complete a medical examination.
2. Five-Year Golden Visa for Investors
This visa offers extended residency for real estate investors.
- Eligibility Criteria:
- 2,000,000 in property or shared ownership.
- Mortgaged or off-plan property investments must also total at least AED 2,000,000.
- Married couples sharing property must submit a marriage certificate.
- Cost of Services:
- Medical (VIP): AED 753.
- Visa Fee (5 years): AED 2,288.75.
- UAE ID (5 years): AED 573.
- Management Fee: AED 100.
- Total: AED 3,715.75.
- Medical (VIP): AED 753.
- Visa Fee (5 years): AED 2,288.75.
- UAE ID (5 years): AED 573.
- Management Fee: AED 100.
- Total: AED 3,715.75.
3. Five-Year Golden Visa for Retirees
This visa is tailored for retirees aged 55 and above.
- Eligibility Criteria:
- Own a property worth AED 1,000,000+ or deposit AED 1,000,000 in a UAE bank for three years.
- Assets must be fully paid and not mortgaged.
4. Ten-Year Golden Visa for Real Estate Investors
- Eligibility Criteria:
- Own property worth AED 2,000,000+, fully paid or mortgaged (with conditions).
- Family members (spouse and unmarried children) can also receive visas under this category.
- Cost of Services:
- Residency Fee: AED 2,790.
- UAE ID Fee: AED
- Application Steps:
- Apply online via ICA website/Dubai Smart App or visit an Amer Centre.
- Submit required documents and pay fees.
- Receive an entry permit (if based outside UAE) valid for six months.
Application Procedures
Through ICA Website or UAEICP App:
- Open the ICA app/website and navigate to the “Golden Visa” section.
- Submit required documents and pay fees.
- Await notification of approval.
Through GDRFA Dubai Smart App:
- Register or log in to the app.
- Select “Golden Visa” → “Investor Residency Visa/Golden Visa.”
- Upload documents and pay fees.
Through Amer Centres:
- Visit the nearest Amer service branch.
- Submit documents and pay fees.
Inconclusion, Dubai’s investor visa program provides diverse opportunities for investors to secure residency and capitalize on the UAE’s robust economy and favorable business environment. Each visa type caters to different investment needs, ensuring flexibility for long-term success.
Investor Visa Options for Real Estate
1. Three-Year Residence Visa
To qualify for a three-year residence visa through the Dubai Land Department’s (DLD) Taskeen Program:
- Eligibility Criteria:
- Property value must be at least AED 750,000.
- For mortgaged properties, the investor must pay at least 50% or AED 750,000 to the bank (requires a paid amount letter and NOC).
- Investment must not rely on credit.
- For joint ownership, each party’s share must be at least AED 750,000.
- Married couples sharing a property of AED 750,000+ must present a marriage certificate.
- Application Steps:
- Visit DLD’s Cube Centre
- Submit required documents and fees
- Complete a medical examination.
2. Five-Year Golden Visa for Investors
This visa offers extended residency for real estate investors.
- Eligibility Criteria:
- 2,000,000 in property or shared ownership.
- Mortgaged or off-plan property investments must also total at least AED 2,000,000.
- Married couples sharing property must submit a marriage certificate.
- Cost of Services:
- Medical (VIP): AED 753.
- Visa Fee (5 years): AED 2,288.75.
- UAE ID (5 years): AED 573.
- Management Fee: AED 100.
- Total: AED 3,715.75.
3. Five-Year Golden Visa for Retirees
This visa is tailored for retirees aged 55 and above.
- Eligibility Criteria:
- Own a property worth AED 1,000,000+ or deposit AED 1,000,000 in a UAE bank for three years.
- Assets must be fully paid and not mortgaged.
4. Ten-Year Golden Visa for Real Estate Investors
- Eligibility Criteria:
- Own property worth AED 2,000,000+, fully paid or mortgaged (with conditions).
- Family members (spouse and unmarried children) can also receive visas under this category.
- Cost of Services:
- Residency Fee: AED 2,790.
- UAE ID Fee: AED
- Application Steps:
- Apply online via ICA website/Dubai Smart App or visit an Amer Centre.
- Submit required documents and pay fees.
- Receive an entry permit (if based outside UAE) valid for six months.
Application Procedures
Through ICA Website or UAEICP App:
- Open the ICA app/website and navigate to the “Golden Visa” section.
- Submit required documents and pay fees.
- Await notification of approval.
Through GDRFA Dubai Smart App:
- Register or log in to the app.
- Select “Golden Visa” → “Investor Residency Visa/Golden Visa.”
- Upload documents and pay fees.
Through Amer Centres:
- Visit the nearest Amer service branch.
- Submit documents and pay fees.
Inconclusion, Dubai’s investor visa program provides diverse opportunities for investors to secure residency and capitalize on the UAE’s robust economy and favorable business environment. Each visa type caters to different investment needs, ensuring flexibility for long-term success.