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How Real Estate Investment Can Secure a Golden Visa in Dubai For 5-10 Years

Posted by ghomes on June 29, 2024
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The Dubai Golden Visa, launched in 2019, offers a renewable 5-10 year residency aimed at attracting skilled professionals, investors, and talented individuals. Over 100,000 visas have been issued since its inception, including for real estate investors in the UAE.

To qualify, investors need to own properties valued at least AED 2 million or purchase one with a loan from specific local banks, with at least 60% of the investment being non-loaned for full ownership.

Key Features Real Estate Investment and Benefits of the Golden Visa

How Real Estate Investment can Secure you a Golden Visa

1. Renewable Residency for 5 to 10 Years

The Dubai Golden Visa grants residency for 5 to 10 years, which is renewable upon meeting the criteria. This long-term residency provides stability and allows investors to plan their future in the UAE with confidence.

2. Uninterrupted Visa Validity Despite Travel

Unlike many other visa types, the Golden Visa remains valid even if the visa holder travels outside the UAE for extended periods. This flexibility is particularly beneficial for international investors who need to travel frequently.

3. Full Ownership of Mainland Businesses

Golden Visa holders can own 100% of their businesses in the UAE mainland, bypassing the usual requirement for a local partner. This feature significantly enhances the attractiveness of the UAE as a business hub.

4. No Sponsor or Employer Requirement

Applicants do not need a sponsor or employer to obtain the Golden Visa. This independence allows investors to pursue their interests and business ventures without being tied to a local sponsor.

5. Family Sponsorship

Golden Visa holders can sponsor their family members, including spouses, children, and parents, regardless of age. This provision ensures that families can stay together and enjoy the benefits of living in the UAE.

6. Multiple Entry Permits

During the visa application process, investors receive multiple entry permits, allowing them to enter and exit the UAE as needed. This feature provides convenience and flexibility, particularly during the initial stages of relocation.

7. Continued Residency for Family Members

In the unfortunate event of the visa holder’s death, family members can continue to reside in the UAE until the end of their permit period. This provision offers security and stability for families during difficult times.

8. Esaad Card for Exclusive Discounts

Golden Visa holders receive the Esaad Card, which provides access to exclusive discounts and offers across the UAE. The card is issued at no cost and offers significant savings on various services and products.

Eligibility Criteria for Real Estate Investors

To qualify for the Dubai Golden Visa as a real estate investor, applicants must meet specific criteria. The primary requirement is owning properties in the UAE valued at least AED 2 million. Investors can also qualify by purchasing a property with a loan from designated local banks, provided that at least 60% of the investment is non-loaned for full ownership.

How to Apply for the Golden Visa as a Real Estate Investor

1. Document Preparation

Before applying for the Golden Visa, real estate investors must prepare the following documents:

  • Passport and Emirates ID Copy: A clear copy of the applicant’s passport and Emirates ID.
  • Electronic Copy of Property’s Title Deed: A digital version of the title deed for the property owned by the investor.
  • Personal Photograph: A recent photograph of the applicant.
  • Valid Health Insurance: Proof of valid health insurance coverage.

2. Application Submission

Real estate investors can apply for the Golden Visa through the Dubai Land Department (DLD). The application process involves submitting the prepared documents along with any additional information requested by the DLD. It is advisable to check the latest requirements on the DLD website or consult with a local legal expert, as the regulatory environment in the UAE is dynamic and subject to change.

3. Application Review and Approval

Upon submission, the DLD will review the application and verify the provided information. This process may involve additional checks and communications with the applicant. Once approved, the applicant will receive the Golden Visa, granting them residency in the UAE for the specified period.

For expert guidance on real estate investments that facilitate obtaining the Golden Visa, consider Global Homes. Our agency offers properties with high ROI, making it easier to achieve your residency goals while maximizing investment returns.

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