UAE Dubai Golden Visa: Benefits, Requirements & Price Explained
If you’re considering investing in Dubai or looking for a long-term residency, the UAE Dubai Golden Visa may be the perfect option for you.
This exclusive visa allows foreigners to live and work in Dubai for up to 10 years, providing a level of stability and security that other visas simply can’t match.
In this article, we’ll provide an in-depth overview of the UAE Dubai Golden Visa, including its benefits, requirements, and price. We’ll also discuss the different program options available, including the role of property investment in securing the visa.
Key Takeaways:
- The UAE Dubai Golden Visa is a long-term residency visa that allows foreign investors to live and work in Dubai for up to 10 years.
- The visa has strict eligibility requirements, including minimum investment thresholds and employment criteria.
- There are various program options available, including the option of property investment to secure the visa.
- Benefits of the UAE Dubai Golden Visa include long-term residency, access to education and healthcare, and the ability to sponsor family members.
- The cost of the visa includes government charges and additional expenses.
- Choosing the right partner to help can be crucial to ensure a successful visa application process.
Understanding the UAE Dubai Golden Visa
If you’re looking to secure your future in Dubai, you may have heard of the UAE Dubai Golden Visa. This special visa is a residence permit that offers a long-term residency option for eligible applicants. But what exactly is the UAE Dubai Golden Visa?
Put simply, the Dubai Residence Permit, also known as the UAE Long-Term Residency Visa or the Golden Visa Scheme UAE, allows individuals to reside in Dubai for an extended period of time. This visa is available to those who meet specific criteria, such as investors, entrepreneurs, and those with exceptional talents.
Obtaining a UAE Dubai Golden Visa has many benefits. For one, it gives you the flexibility to live and work in Dubai for an extended period of time. It also provides access to healthcare and education services, and the ability to sponsor family members. Additionally, having a long-term residency visa can provide a sense of security for those looking to invest in Dubai or establish a business in the region.
The UAE Dubai Golden Visa is a valuable asset for those seeking to make Dubai their home. In the following sections, we’ll dive into the requirements for obtaining the visa, the different program options available, and the benefits of having a Golden Visa.
Requirements for the UAE Dubai Golden Visa
If you are interested in obtaining the UAE Dubai Golden Visa, there are specific requirements that you must meet. These requirements include:
Investment option | Criteria |
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Investment in property | You must invest a minimum of AED 1 million in a property that is at least three years old, or a minimum of AED 2 million in a property that is new. The property must be retained for a minimum of three years. |
Establishing a company | You must set up a company in the UAE with a minimum capital of AED 500,000. You must also provide a business plan and proof of investment. |
Investing in the UAE | You must invest a minimum of AED 10 million in any investment fund inside the UAE, or deposit a minimum of AED 10 million in any Emirati bank. |
Special talents | If you are a talented individual in the fields of science, art, or culture, you may be eligible for the Golden Visa even if you don’t meet the above criteria. The individual must be accredited by the relevant authorities in their field of talent. |
Note that applicants must also have a valid passport and health insurance coverage. Additionally, any applicant with a criminal record or who poses a threat to public security will not be considered.
Dubai Golden Visa Program Options
If you are interested in obtaining the UAE Dubai Golden Visa, there are several program options available to you. Each route has its own requirements and criteria, so it is important to understand your options before making a decision.
Dubai Property Investment
One of the most popular ways to obtain the UAE Dubai Golden Visa is through property investment. This involves purchasing property in Dubai, with a minimum investment of AED 1 million. This option offers several benefits, including the potential for a high return on investment and long-term residency in Dubai.
Additionally, investors can rent out the property, generating income while also meeting the visa requirements. DXB Space can assist you in finding the right property to invest in, ensuring that it meets all the necessary requirements for the Golden Visa.
Other Business Opportunities
There are other business opportunities available for individuals looking to obtain the UAE Dubai Golden Visa. One such option is setting up a business in Dubai, either as a sole proprietor or through a company formation. This option requires a minimum investment of AED 250,000.
Another option is to invest in a local or foreign company based in Dubai, with a minimum investment of AED 10 million. This option offers the opportunity for a high return on investment and a long-term residency visa, making it an attractive option for many investors.
It is important to carefully consider your options and consult with a professional before making any investment decisions. DXB Space can provide guidance and assistance throughout the entire process to ensure that you make the right investment for your needs.
Benefits of the UAE Dubai Golden Visa
Obtaining the UAE Dubai Golden Visa comes with numerous benefits that can enhance your personal and professional life in Dubai. Here are some of the advantages:
- Long-term residency: With the Golden Visa, you can stay in Dubai for up to 10 years without the need for a sponsor.
- Access to education and healthcare: You and your family can enjoy high-quality education and healthcare services in Dubai.
- Ability to sponsor family members: Once you obtain the Golden Visa, you can sponsor your spouse, children, and parents to come and live with you in Dubai.
- Better job prospects: Holding the Golden Visa can make you a more attractive candidate for potential employers in Dubai, as it showcases your long-term commitment to the country.
- Property ownership: The Golden Visa enables you to purchase property in Dubai without the need for a local sponsor.
- No income tax: Dubai is a tax-free haven, and with the Golden Visa, you can enjoy this benefit too.
“The UAE is committed to attracting and retaining top talent, and the Golden Visa is a testament to that commitment. It provides a pathway for foreign investors and entrepreneurs to contribute to the growth and development of the country while securing their future in Dubai.”
Source: UAE Government
Dubai Property Investment for Golden Visa
If you are considering obtaining a UAE Dubai Golden Visa, investing in property in Dubai is a popular route to take. Dubai’s booming real estate market offers a range of investment opportunities that can lead to long-term residency and financial gain.
To qualify for a Golden Visa through property investment, you must make a minimum investment of AED 1 million (approximately £190,000) in a property within Dubai. The property must be held for a minimum of three years, and the investment must be fully paid, with no mortgage financing.
Benefits of Dubai Property Investment for Golden Visa |
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High return on investment: Dubai’s real estate market is known for its high rental yields and potential capital appreciation, making it an attractive investment option. |
Access to long-term residency: Investing in property in Dubai can lead to obtaining a long-term residency visa, ensuring you can secure your future in the UAE. |
Ability to generate income: You can rent out your property for additional income, providing a steady stream of revenue and potential return on investment. |
Opportunity to diversify your portfolio: Investing in Dubai real estate can be an effective way to diversify your investment portfolio and reduce risk. |
Before investing in property in Dubai, it is essential to ensure that you understand the market, including the areas and types of properties with the most potential for growth and return on investment. Partnering with a reputable company like DXB Space can help you navigate the market and find the right property for your investment goals.
Investment in Dubai property not only provides a lucrative return on investment but also the opportunity to secure your future in the UAE through obtaining a Golden Visa. Consider the benefits of investing in property in Dubai when exploring options for obtaining a UAE Dubai Golden Visa.
UAE Citizenship by Investment
For those looking to take their commitment to the UAE to the next level, acquiring citizenship is a viable option. The UAE government provides a path to citizenship through investment, but it is a significant undertaking that requires a considerable investment in the country.
The UAE currently offers two main investment options for those interested in obtaining citizenship: investing in real estate or contributing to the country’s economy. The exact investment thresholds and requirements vary depending on the specific path chosen, but both require a substantial financial commitment.
Real estate investment typically involves purchasing property valued at a minimum of AED 5 million, which must be held for at least three years. Economic contributions, on the other hand, can include investing a minimum of AED 10 million into a UAE-based company or making a deposit in a UAE bank for at least AED 10 million.
While the path to citizenship by investment is not an easy one, it provides a unique opportunity for those committed to the UAE to make a significant contribution to the country and gain the privileges that come with citizenship, such as the right to vote and access to social services.
Choosing the Right Partner for Golden Visa Assistance
When it comes to obtaining the UAE Dubai Golden Visa, choosing the right partner can make all the difference in a smooth and successful process.
By choosing DXB Space as your partner for Golden Visa assistance, you can rest assured that you are getting reliable and expert help every step of the way.
Cost of the UAE Dubai Golden Visa
Applying for the UAE Dubai Golden Visa comes with certain costs that applicants need to be aware of. The government charges a fee for processing the visa application, which varies depending on the type of visa and the applicant’s situation.
For instance, if you plan to invest in a property in Dubai and obtain a residence visa, you will need to pay a fee of AED 4,000 to apply, plus any additional fees for medical testing, visa processing and issuance. If, on the other hand, you are applying for a five-year visa under the investor category, you will need to pay AED 10,000 for the visa processing and issuance.
It is essential to note that there may be other costs involved, such as legal and consulting fees, to ensure that your application is processed smoothly and efficiently. These expenses depend on the partner you choose to assist you with the visa application, and the services you avail.
Overall, the cost of the UAE Dubai Golden Visa varies depending on the type of visa you are applying for and other factors involved. However, it is essential to factor in the financial benefits and long-term advantages of obtaining this visa, such as the ability to live and work in Dubai for extended periods, own property, and sponsor family members.
Summing it up
Securing the UAE Dubai Golden Visa is a crucial step for individuals looking to establish their future in Dubai. With the many benefits that come with obtaining this visa, including long-term residency, access to education and healthcare, and the ability to sponsor family members, it is an opportunity not to be missed.
It is important to understand the requirements for the UAE Dubai Golden Visa, such as minimum investment thresholds and employment criteria, as well as the different program options available. Dubai property investment is a popular option for obtaining the Golden Visa, partnering with a reputable company can ensure a smooth and successful process.
While there are costs associated with obtaining the UAE Dubai Golden Visa, the long-term benefits make it a worthwhile investment. Taking the necessary steps to secure your future in Dubai can lead to a prosperous and fulfilling life in one of the world’s most dynamic cities.
Dubai Golden Visa FAQ’s
What is the UAE Dubai Golden Visa?
The UAE Dubai Golden Visa is a long-term residency visa that allows individuals to live, work, and study in Dubai. It offers numerous benefits and is an attractive option for those looking to secure their future in the city.
What are the requirements for the UAE Dubai Golden Visa?
To be eligible for the UAE Dubai Golden Visa, applicants must meet specific criteria, including minimum investment thresholds, employment criteria, and other essential prerequisites. The exact requirements may vary depending on the chosen program route.
What are the different program options for the UAE Dubai Golden Visa?
The UAE Dubai Golden Visa offers various program options, including property investment, business setup, and other investment opportunities. Each route has its own requirements and benefits, allowing individuals to choose the option that best suits their needs.
What are the benefits of the UAE Dubai Golden Visa?
Obtaining the UAE Dubai Golden Visa comes with several benefits, such as long-term residency in Dubai, access to education and healthcare facilities, the ability to sponsor family members, and more. It provides individuals with stability and security in the city.
How can Dubai property investment help in obtaining the UAE Dubai Golden Visa?
Dubai property investment is one of the avenues individuals can explore to qualify for the UAE Dubai Golden Visa. Investing in property in Dubai not only offers potential returns but also provides a pathway to securing the Golden Visa.
Is UAE citizenship possible through investment?
While obtaining UAE citizenship through investment is not directly linked to the UAE Dubai Golden Visa, there are potential paths for individuals who aspire to become UAE citizens. These paths may involve specific investment requirements and criteria.
Why is it important to choose the right partner for Golden Visa assistance?
Choosing the right partner is crucial for a smooth and successful UAE Dubai Golden Visa process. Companies like DXB Space can provide valuable guidance and assistance in finding properties to buy in Dubai for the purpose of obtaining the Golden Visa.
What is the cost of the UAE Dubai Golden Visa?
The cost of the UAE Dubai Golden Visa includes government charges and additional expenses, such as processing fees and medical exams. The exact fees may vary depending on the chosen program route and individual circumstances.