How to Get a Property Investor Visa Dubai

The UAE introduced the Golden Visa in 2019 to make it possible for investors to file for long-term tenure in the nation. The implementation of this scheme, along with the consistently high ROI and appealing property market of the nation, has demonstrated to be a significant draw for luring real estate investors. For real estate owners, there are currently two long-term visas available. Want to file for an investor visa for the UAE? We have gathered all the information you require.

What Sorts of Visas are Available?

Foreigners are now able to work, reside, and study in the UAE without the need for a local sponsor. Learn more about the criteria for an investor visa in the UAE by reading on.

A 10-year investor visa Dubai

To qualify for the 10-year long-term visa, a foreign investor must make a minimum AED 10 million in public investments in the UAE. Without a sponsor, this transaction can be performed within any of the UAE's seven emirates.

See the list of investments that fall underneath the General Investor group where one can qualify for a long-term investment in real estate visa below.

• Once a new business with a capital expenditure of at least AED 10 million is established within the emirates.

• When forming a collaboration in an organization that is already operating and has at least AED 10 million worth of shares.

• Upon possessing deposits in any UAE state worth at least AED 10 million.

• Upon ensuring that 60% of the overall investment of AED 10 million, or AED 6 million, is made in industries apart from the real estate market.

Conditions and fundamentals required for the 10-year investor visa:

• The backers must demonstrate that their money was not lent.

• The money must be kept for a minimum of three years.

• Additionally, the expenditure for AED 10 million must be financially solvent.

• An executive director as well as an advisor, in addition to the investor's offspring and spouse, may be included on the 10-year visa.

• If each partner makes an investment of AED 10 million, this visa can also be expanded to business partners.

• An innumerable permit for a six-month term is available for foreign investors to request.

• Persons with specialized skills in the fields of art, culture, or science are also eligible for long-term residence. One of the many prerequisites is that they must hold an accreditation from the government in their respective

A 5-year investor visa 

If they meet the requirements for this kind of visa, real estate investors may also file for a 5-year residency permit in the UAE.

Conditions for the 5-year Property Investor Visa 

• It is required that the investor spend in a property worth at least AED 5 million.

• The owners are responsible for making sure the money is not lent.

• The possession of the land must also be kept for a minimum of three years.

• Investors are required to put money into a property valued at least AED 2 million.

• To be eligible to file for this visa, applicants must have AED 2 million in cash, even if their properties are mortgaged.

• After receiving a visa, they must keep their assets for a period of at least two years.

• The property investor visa permits partners and minor children to live in Abu Dhabi.

• Given that they adhere to the pertinent rules and regulations, the visa holder now has the authority to sponsor a domestic helper.

• Investors in real estate are required to present their financial history (single or combined) or documentation of real estate value at least AED 2 million.

• Investors must also provide evidence of their mortgage situation (Mortgaged or Released).

Relevant: Golden Pension Scheme for foreign employees

Property Investor Visa Dubai - Rules

Now that you are aware of the fundamental conditions and prerequisites, you can apply for a real estate investment visa. With regard to the realty visa for Dubai, the following minor specifics apply:

• The purchase price of your property, not its present market value, constitutes the investment potential of AED 10M. For instance, if you recently bought a house for AED 9M and it is now worth AED 10M, it will not be eligible for a visa.

• The sort of property will also affect your investment. It is advised to get in touch with the Dubai Land Bureau to learn more about the kinds of properties that qualify for long-term permits.
• The expenditure ought to be done in a house that can be occupied.

• An investor visa will not be granted for any real estate that is still being built, is in dispute, or isn't available.

• To be eligible for an investor visa, the property must also not have been deemed unsafe by the officials for any reason.

• In Dubai, the house must also be in a private neighborhood, and you must be the legal owner. You are not really the legal owner if the house is in the leased region. In this situation, it must state how long you are renting the place for

• Apartments, serviced apartments, townhomes, villas, offices, hotel rooms, hotel apartments, and warehouses are among the assets that are eligible for an investor visa.

• Off-plan property, leasehold property, and disputed property are on the list of types of property that are not suitable for a real estate visa.

Top Things to Consider Getting Property Investor Visa Dubai

• It is crucial to ponder some updates to the visa rules for investors because the UAE's business visa regulations are constantly changing.

• The Abu Dhabi Citizens Office introduced special business advantages for holders of golden visas in March 2022. Investors will now be qualified for discounts on automobiles, medical services, real estate, lodging, financial services, and health insurance policies both inside and outside the UAE.

• The UAE previously introduced the "Thrive in Abu Dhabi" initiative which entices foreign investors to engage in crucial industries in the nation's capital. Investors may qualify for a 10-year citizenship in Abu Dhabi under this scheme.

• To make it easier for investors to establish commercial operations in the UAE, the country's immigration rules have undergone an unprecedented shift. Investors who make investments in the UAE may qualify for citizenship under the nation's new citizenship legislation.

• It is not required to invest in a particular asset worth AED 10 million. Three parameters with a combined value larger than or equivalent to the minimum amount are the most you can invest in

• Once you've paid off the AED 10M mortgage, you are also qualified for a Dubai real estate investor visa for the mortgaged home.

• A joint owner of a building must have a share worth AED 10 million in order to qualify for an investor visa.

• When a husband and wife jointly own property, a certified legal document should be presented as proof in addition to the other documents required to file for a property investor permit in Dubai.
• These UAE family visa regulations must be deemed by those who wish to sponsor families as they also apply to obtaining long-term visas.

Fees for the Property Investor Visa Dubai

Depending on the sort of visa you're applying for, the cost of a property investor visa in the UAE varies. The list of fees is essential to be paid in order to file for a residence visa in the UAE is as follows:

Purpose of the Application

Residence / renewal of visa for wife and children

Eligibility

Resident Sponsor Working in Pvt Sector or Free Zone

Term

1 year

Fees

AED 359.9

Purpose of the Application

Residence / renewal of visa for wife and children

Eligibility

Resident Sponsor Working in Pvt Sector or Free Zone

Term

2 years

Fees

AED 439.9

Purpose of the Application

Residence / renewal of visa for wife and children

Eligibility

Resident Sponsor Working in Pvt Sector or Free Zone

Term

3 years

Fees

AED 559.9

Purpose of the Application

Residence / renewal of visa for wife and children

Eligibility

Investor or Partner Sponsor

Term

1 year

Fees

AED 409.9

Purpose of the Application

Residence / renewal of visa for wife and children

Eligibility

Investor or Partner Sponsor

Term

2 years

Fees

AED 509.9

Purpose of the Application

Residence / renewal of visa for wife and children (with deposit)

Eligibility

Investor or Partner Sponsor

Term

3 years

Fees

AED 3,670.9

Purpose of the Application

Residence / renewal of visa for wife and children (without deposit)

Eligibility

Investor or Partner Sponsor

Term

3 years

Fees

AED 609.9

Purpose of the Application

Residence / renewal of visa for parents

Eligibility

Resident Sponsor Working in Private Sector or Free Zone

Term

–

Fees

AED 359.9

Purpose of the Applicatio

Residence / renewal of visa for parents

• Eligibility
• 
  

Investor or Partner Sponsor

Term

–

Fees

AED 409.9

Purpose of the Application

Residence / renewal of visa for newborn

Eligibility

Investor or Partner Sponsor

Term

–

Fees

AED 3,670.90

Purpose of the Application

Residence / renewal of visa for son older than 18 years old

Eligibility

Investor or Partner Sponsor

Term

–

Fees

AED 409.9

Purpose of the Application

Residence / renewal of visa for son older than 21 years old

Eligibility

Investor or Partner Sponsor

Term

–

Fees

AED 409.9

Above mentioned prices are for the popular visa processes. You can consider the list of applicable UAE investor visa fees on the official website of Amer 24/7.

Top benefits of having an investor visa Dubai

The following are the main advantages of buying in Dubai:

• You are allowed to live anywhere in the nation.
• 
  
• In addition to other emirates, Dubai allows you to establish a bank account.

• In Dubai, you can get your driving license without a hassle.

• In Dubai, you can work as an educator.

The overview of the UAE property investment visa is now complete. There are many residence visas that guarantee a protracted stay, similar to investor visas. If you get one, be careful to check the authentication of your UAE investor visa.

FAQs

How to apply for a property investor visa in Dubai

NOC letter along with bank statement is prerequisite to apply for the investor visa in Dubai

How much investment is required for a Residency Visa?

Foreign nationals can apply for residency in the UAE by investing at least AED 750,000 ($204,000) in real estate.

What is the Minimum Investment to get an Investor Visa?

A letter from the investment fund and a minimum deposit of AED 2 million (about USD 550,000) into an approved investment fund in the UAE are required. A corporation must have a minimum investment of AED 2 million (about USD 550,000) and a current commercial or industrial license.

Relevant:

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• Top Investment Banks in Dubai
• All you need to know about UAE Job Seeker Visa?