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Dubai Golden Visa

Program Overview

Initiated in 2019, The UAE 10-year Golden Visa is a residence visa that aims to attract and recognize potential entrepreneurs, investors, managers, professionals, meritorious students, and exceptionally talented professionals from across the world. Through several updates, the government has made it easier for residents and non-residents to apply and avail themselves of Golden Visa benefits.

By offering a long-term residence, the UAE Golden Visa provides extensive benefits to overseas nationals including the freedom to study, live or work in Dubai and across UAE.

Requirements for the Golden visa depend on the type of residence, whether investor, talent, entrepreneur, etc.

Dubai Golden Visa - To discuss the available Investment Opportunities Click Here

Program Requirements

  • Have an existing innovative business or a business idea supported by a designated organization (a venture capital fund, an angel investor, or a business incubator)
  • English language proficiency CLB 5
  • Criminal and security check, medical clearance

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Eligibility Criteria

Real-Estate Investors

If you own a property or a group of properties, you may be granted a Golden visa for a period of 5 years, renewable on the same conditions and without a sponsor subject to the:

  • Provision of a letter from the land department of the respective emirate stating that he owns one or more properties whose value is not less than 2 Million Dirhams
  • Purchase of a property with a loan from specific local banks approved by the competent local entity. As per the new amendments, investors are also entitled to obtain the Golden Residence when purchasing a property with a loan from specific local banks.
  • Investors can also obtain Golden Residence when buying one or more off-plan properties of no less than $544,500 (AED 2 million) from approved local real estate companies.

Read More about the Dubai Golden Visa Process Click Here

Golden Visa Benefits

1. Reside, work, invest, and travel within the UAE.

2. Sponsor your family members irrespective of their age.

3. Access to public medicine in the UAE Investors and their family members can be treated in UAE clinics.

4. Own any business incorporated in the UAE.

5. UAE bank accounts for international payments A residence visa holder can open a bank account in the Emirates in dirhams, dollars or euros. The account can be used for the secure storage of funds or international payments.

6. Sponsor any number of domestic helpers.

7. Sponsored dependents can stay in the UAE until the end of the permit even if the Golden Visa holder passes away.

8. Ability to stay outside the UAE for more than the typical period of six months. Holders of the UAE Golden Visa are free to stay outside the country for as long as necessary without fear of losing their residency. This means you don’t have to live in UAE to maintain your residence permit.

9. Tax Optimization There are no income, property or dividend taxes in the Emirates. Until June 2023, there is no corporate tax. After June 2023, the rate will be 9%.

10. Tax free rental income.

11. Free Discount cards for golden visa holders (Esaad privilege card). The Esaad card is a loyalty programme launched in 2018 by the Dubai Police provides extensive benefits and discounts across several sectors, including healthcare, education, hospitality, entertainment, real estate, and restaurants, among others. Offers are available for cardholders at 7,237 brands and businesses within the UAE and across 92 countries worldwide.

12. It is important to remember that the Golden visa program has no path to UAE citizenship.

Dubai Golden Visa - Invest in World’s Most Attractive Real Estate Market

AED 2,000,000
Investment
4-6 Months
Timeline

Dubai Real-Estate Investment- Great Opportunity

Dubai is the most popular emirate for relocation and purchasing real estate. Properties are in high demand there; the best ones are sold out in a few days. In 2022, there were 90,811 residential transactions, a record amount.

According to the Dubai Land Department, residential property prices grew rapidly in 2022: in November, there was an increase of about 30% year-on-year. Rental prices also grew in 2022: by about 27% for apartments and 25% for villas.

To Get Started

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