Golden Visa

Dubai • Abu Dhabi • Sharjah • Ajman

In 2022, the government approved new conditions for getting a Golden Visa in the United Arab Emirates by investment, with a reduced investment amount, no restrictions on the duration of stay in other countries and an opportunity to buy off-plan properties and take a mortgage. The new rules came into force in October. You may purchase real estate in the UAE for AED 2 million ($545,000) to get a 10-year Golden Visa. Another option is purchasing real estate for AED 750,000 ($204,000) to get a 2-year residence visa.

Requirements for applicants for a 10-year UAE residence visa by the purchase of a real estate
Main Investor:

  • Over 18 years old Capable of confirming the legality of the income
  • No criminal record
  • Without any socially dangerous diseases, such as HIV or tuberculosis

Spouse:

  • Over 18 years old No criminal record Without any socially dangerous diseases

Children:

  • Unmarried sons under 25 years old
    Unmarried daughters of any age

Without any socially dangerous diseases, if a child is over 18 years old.

Investor’s costs for getting a UAE residence visa

1ST OPTION – 10-year visa AED 2,000,000+ (545.000USD)

You may obtain a UAE residency visa for ten years by purchasing real estate. Investors can buy properties in the Freehold Zones; these are the areas where foreigners may purchase real estate. The minimum investment amount is AED 2,000,000, or about $545,000. It doesn’t depend on family composition. An investor may take a mortgage in a UAE bank with a down payment of 50% or put a Down Payment of 50% to Developer.

2ND OPTION – 2-year visa AED 750,000+ (204.000USD)

Investors can buy properties in the Freehold Zones to get a 2-year residency visa in the UAE. If an investor takes a loan, they should make a down payment of 50%. The investment amount depends on the number of owners. For an investor, the minimum investment is AED 750,000 ($204,000), and if the ownership of real estate is registered for spouses, it is AED 1,000,000 ($272,255). An investor may include a spouse and children under 18 in the application.

EXTRA EXPENSES:

  • Registration fee $21,800+ (AED 160,000)
  • State fees for issuing visas and identity cards $1,043 (AED 3,860) per person
  • Medical checkup $220+ per person
  • Health insurance $400+ per person
  • Translation of documents, notarization and consular legalization $1,000+ per person

Benefits of the UAE residency visa Moving to the UAE or creating a “safe haven”

  • Investors and their families may move to the UAE, one of the wealthiest and most developed countries worldwide now. They also can visit UAE anytime they wish. The government does not demand the investor and family to be in UAE.

Tax optimization:

  • Income, capital gains from property, rental income, inheritance, gifts, are exempt from taxation in the UAE. Only from 2023 government implemented 9% Corporate Income Tax if a company generates a profit of more than AED 375,000+.

If you work here in Dubai as a employee you will not pay individual income TAX.

Opening a bank account in the UAE

  • An investor with a residence permit may open accounts in the UAE banks in dollars, euros, dirhams, or other currencies. An account is suitable for savings and international SWIFT transfers. UAE banks are using the best technology in the banking system.

Getting a driver’s license

  • A resident must obtain a UAE driver’s license to drive a car in Dubai or other cities. Usually, passing an exam is required, but citizens of the US, the UK, Germany, Australia, Turkey, Spain, India and some other countries can exchange their license.

Access to the UAE healthcare and educational systems

  • Foreigners with the UAE residency visas can be treated in the country’s clinics. The UAE government attracted the best doctors from all over the world. Investor’s children may attend schools and universities in the UAE. You can find many international schools in Dubai where your children can get fully English education with other children from different nationalities. Your children will raise between different culture which will make them very strong in the future.

Compare listings

Compare