What is the Dubai Golden Visa?
Purpose of the Golden Visa: The UAE introduced the Golden Visa to attract long-term foreign residents and investors. It grants eligible residents a renewable long-term visa, allowing them to live, work, or study in the UAE with various benefits.
Eligibility Criteria: The Golden Visa is offered to several categories, including investors, entrepreneurs, property owners, skilled professionals, scientists, outstanding students, and more.
Property Investor Golden Visa Requirements:
Investors need to own property in Dubai valued at AED 2 million or more to qualify for a 10-year Golden Visa.
Property should be fully paid (no mortgage) and owned in the investor’s name.
Benefits:
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Long-term residency (5 or 10 years, depending on eligibility) with easy renewal.
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No need for a local sponsor, and the ability to sponsor family members.
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Business and property owners enjoy security of long-term stay, giving peace of mind for future investments.
Application Process: Apply through the Dubai Land Department (DLD) or via licensed real estate brokers and agents who are familiar with the Golden Visa process. The application process typically requires proof of investment, property ownership documentation, and other identity documents.
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