The Golden Visa is a long-term investment visa and is a kind of residency by investment program. It was introduced in the year 2019. The UAE Golden Visa allows for a 10-year residency and another variant of 5 years for those planning for a short-term residency. It is an initiative to attract talent and foreign investment to the country. The Dubai Golden visa gives you many privileges like long-term residency, working, studying and more advantages. The UAE Golden visa is granted to only those people who fall under any of the 7 categories which we can discuss later in this blog. In this blog, we are mainly discussing the Golden Visa for Property Investors.
Benefits of Golden Visa
Getting a UAE Golden Visa by investing in real estate gives many advantages. Here are some benefits of Golden Visa for real estate investors:
- Long-term residency in UAE up to 10 years
- You can sponsor your family for the same period.
- Sponsor up to 3 maids and drivers
- Entry visa valid for 6 months with multiple entries to proceed with residence issuance
- Stay outside the UAE for more than 6 months, the residency visa will be valid
- Sponsor for residence
- Special discounts on cars, loans and other banking services.
- If you are planning to start a business in UAE, then you can sponsor a particular number of visas for employees
Eligibility Criteria For UAE Golden Visa Real Estate Investors
The UAE Golden Visa offers a great opportunity for real estate investors. If you buy property in the UAE, you might qualify for a long-term visa without needing a local sponsor. This visa lets you live, work, and invest in the UAE for an extended period. A 10-year Golden Visa is the option for property investors. The property value needed to qualify may vary, but investing in real estate could open the door to these long-term visas. This makes it easier for foreign investors to manage their property investments and enjoy living in the UAE. When your visa expires, you can renew it easily, allowing for long-term stability in your investment and residency.
Requirements For Golden Visa For Real Estate Investors
- Investment Value: You need to spend at least 2 million AED on property.
- Type of Property: You can Invest in industrial, commercial, or residential properties.
- Ownership: You must own the whole property yourself.
- Financial Stability: You need to prove the financial stability and lack of financial liabilities.
Also, read “UAE Golden Visa For Business Investors and Entrepreneurs” for detailed information regarding who is Eligible for a golden visa.
How to apply for a UAE Golden Visa?
Applying for a Property Investor Golden Visa is not a complicated task if you have all the necessary documents. Still, people consider applying for a Golden Visa as a complicated task. Intellect Chartered Accountants simplifies the entire Golden Visa Process, thereby ensuring you receive the visa on time specified by us. Intellect Chartered Accountants is the leading chartered accountants and auditors in Dubai having 21+ years of management experience, and has a dedicated team for Golden Visa Services. Our team of experts takes care of the document verification and coordinates with government agencies.
UAE Golden Visa Process For Real Estate Investors:
Step 1: Checking Eligibility
The first step to applying for a UAE Golden Visa is to check whether you meet the basic eligibility criteria, that is whether you have a property in UAE worth AED 2M.
Step 2: Collect Required Documents
- Copy of property deed or ownership title
- Passport copy with a minimum validity of 6 months
- Proof of Investment: There should be a document showing the value of the property. It should be at least AED 2M.
- Marriage Certificate: Either husband or wife can be on the title deed. In this case, the marriage certificate needs to be attested by Foreign Affairs. One will be the visa holder and the other will be the sponsor.
- Health Insurance: There should be a valid UAE health insurance certificate
- Passport size photo
Step 3: Apply online or through an authorized Golden Visa service provider
If you have all the above mentioned documents you can apply for a Golden Visa either yourself or make it simple by choosing an experienced Golden Visa Service in Dubai.
Step 4: Medical Test
Before the Golden Visa is processed you will need to undergo a medical examination, which is the basic requirement for all residency visas.
Step 5: Pay the fees
The final step of the Golden Visa application is to pay the stipulated fees which include medical examination fees, processing fees and visa issuance fees.
After successfully submitting the Golden Visa application, you may need to wait 2-4 weeks to receive it.
Contact Our Team:
You can contact Intellect Chartered Accountants for Golden Visa Services, our team will assist you from visa application to completion stage.
Website: https://intellectca.ae/
Phone/Whatsapp: +971 42229911
Email: info@intellectca.ae
If you are interested in a golden visa for real estate investors, then apply for the UAE Golden Visa straight away and get the most from the long-term residency visa.
