The UAE government offers golden visas to eligible real estate investors, entrepreneurs, and outstanding specialised talents. Obtaining this 10-year visa through real estate investment serves two purposes: long-term visa and ownership of the property.
This guide explains the process of acquiring a UAE golden visa through real estate investment.
Eligibility Criteria
The applicant must own a property worth at least AED 2 million in the UAE. The applicant may mortgage the property, in which case the applicant needs to submit a no-objection letter from the bank indicating the total amount paid and to be paid, along with the total value of the property. The applicant must be in the UAE while applying for the long-term residency.
Investors planning to invest in properties yet to be developed can also apply for a UAE golden visa. They need to provide a no-objection letter from the developer detailing the payment of any amount related to the property.
UAE Golden Visa Benefits
The UAE Golden Visa offers a range of benefits:
- 10-year renewable residency for investors and their families.
- Access to world-class healthcare and education facilities.
- Opportunities for business and professional growth.
- Enhanced visa flexibility and ease of travel.
- Secure and stable environment for living and investing.
- Sponsor domestic help for residency.
Getting a UAE Golden Visa Through Real Estate Investment
Most real estate developers help you complete your golden visa application paperwork. Here’s how to apply for the visa:
- Go to the nearest golden visa residency service centre.
- Taskeen Residency at – Cube-AL Manara Center
- Dubai World Trade Centre, Central 1 – Office No. 2, Ground Floor, Office No. 21
- Submit the required documents and pay the fees.
- A passport
- Availability of an e-Certificate of Title / Title deed
- A personal photo
- UAE ID (if any)
- A copy of the current residence permit (if any).
- Perform medical examination at the centre.
- Get your permit in the email.
How a Real Estate Developer Can Help Secure Your UAE Golden Visa?
- Expertise in Eligibility Criteria: A reputable real estate developer can provide accurate information on the eligibility requirements for the UAE Golden Residency Visa, including minimum investment amounts, qualifying property types, and other conditions.
- Access to Premium Properties: Developers with a strong market presence offer a wide range of premium properties that meet the criteria for the Golden Residency Visa.
- Guidance Through the Investment Process: A good developer will offer comprehensive support throughout the purchasing process, including legal advice, financial planning, and assistance with the necessary documentation.
- Networking and Connections: These developers’ connections with immigration consultants and legal experts can expedite your application process and increase the likelihood of success.
- Tailored Investment Plans: A good developer can tailor investment plans to suit your specific situation, ensuring that you meet the visa requirements and align your property investment with your financial goals and lifestyle preferences.
The Bottom Line
Investment in real estate investment is one of the easiest and quickest ways to obtain the prestigious visa and by selecting the right real estate developer you can experience a smooth golden visa application process.