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Benefits of the golden visa
- A real estate investor can obtain a golden visa for 10 years.
- The golden visa is a long-term residence visa that enables successful applicants to live, work, study and invest in the UAE without an Emirati or UAE national sponsor.
- Golden visas present the additional benefit of enabling bearers to attain 100% ownership of their business on the UAE mainland.
- Upon receiving the golden visa, the applicant may begin the process to sponsor family members.
- Golden visa holders are exempt from the rule which states that residents cannot be outside of the UAE for more than six consecutive months, however, golden visa holders cannot stay outside of the country for more than one year
- No travel bans for the golden visa holders.
Conditions of obtaining the golden visa
- Mortgage is permitted for real estate property (Off-plan or built) worth more than AED 2,000,000. The value of the investor’s capital needs to be at least AED 2,000,000. For instance, if a property is worth AED 5,000,000, the outstanding mortgage principal cannot exceed AED 3,000,000.
- Must fully own a real estate property or properties of a minimal value of AED 2,000,000 without a mortgage.
- Must maintain the investment for at least 3 years after the issuing of the Golden Visa.
- In the event where the property is sold; the real estate investor must produce evidence that they have purchased another property within six months following disposal of the property, or they may transfer the Golden Visa to another category provided that they satisfy the legally established conditions for the other category.
Granting a visa is subject to the following conditions
- The investor must invest in a property of a gross value of not less than AED 2 million.
- The amount invested in real estate must not be on loan basis.
- The property must be retained for at least three years.
- That the investor’s financial liability is not burdened by civil claims or judgments that detract from his financial solvency.
Why invest in Dubai?
With heavy investment in the healthcare sector, the city is the perfect choice for your health and wellbeing.
WORLD-CLASS HEALTHCARE
EASY CONNECTIVITY
Dubai is a direct flight away from 97 countries, so rest assured, your home-away-home helps you stay connected to everything that matters.
With its country-wide vaccination campaign, the UAE is a global model for crisis preparedness, maintaining the highest levels of protection against the pandemic.
MANAGING COVID-19
WORLD-CLASS AMENITIES
Home to over 200 nationalities, the cosmopolitan UAE is family-friendly and offers a first-class lifestyle.
Home to over 200 different nationalities, Dubai is a cosmopolitan safe haven that stands for inclusion, diversity and security.
COMMUNAL HARMONY
SAFETY FOR ALL
The UAE is one of the world's safest countries with a law enforcement system that showcases years of development and foresight, resulting in low crime rates.
Being at the crossroads of Europe, Asia and Africa, Dubai enables easy access to the rest of world via air, sea and land.
STRATEGIC LOCATION
OPEN AND FREE SYSTEM
Open economic policies, minimal government control and private sector regulation facilitate Foreign Direct Investment (FDI).
The UAE Dirham has been pegged to the US Dollar since 1973 and set at a constant rate since 1997.
STABLE CURRENCY
TAX EFFICIENT
Dubai is free from Income Tax for residents with no Value Added Tax (VAT) levied on residential property for investors.