Dubai Property Investor Visa - TWS Legal Consultants

Immigration Lawyers

UAE Residency
by Investment

The United Arab Emirates (UAE) is a federation of the Middle East
and member of the Gulf Cooperation Council (GCC) and OPEC.
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Located on the Arabian Peninsula, it borders Oman to the southeast, the Persian Gulf to the north and Saudi Arabia to the west and south. Its territory is made up of seven Emirates: Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah, and Umm al-Quwain. Each emirate has considerable political, judicial and economic autonomy.

In 2019, the UAE implemented a new system for long-term residence visas. The new system enables foreigners to live, work, and study in the UAE without the need of a national sponsor and with 100 per cent ownership of their business on the UAE’s mainland. These visas are issued for two, five or ten years and will be renewed automatically.

What are the key benefits of a Dubai Property Investor Visa?

Living in the UAE has many advantages, including:

warm climate
low taxes
no direct personal taxes
excellent investment opportunities
high quality of life
business-friendly policies

What are the eligibility requirements for a Dubai Property Investor Visa?

Ten Years Visa or Golden Visa – Requirements:

A ready & not under-construction property in the UAE with a minimum value of 2 million Dirhams
Title deeds owners can apply for a Golden residence visa application if the market value exceeds 2 million (an official evaluation certificate is mandatory).
Title deed jointly between partners is acceptable (applicant share should be a minimum of 2 million).
If the property is mortgaged or on an installment plan then an NOC from the bank is required and it must show the total paid-up amount and remaining amount; the bank or developer must be paid at least 1 million AED of the property’s worth.
If the property is mortgaged by the developer, a copy of the initial sale certificate would be required with a payment statement
Husband and Wife can participate in one property

Benefits of a Golden Visa:

Sponsorship of your Family for the same period for 10 years.
Sponsorship of your children up to 30 years for boys and for unmarried daughters (no age limit);
Sponsorship of your parents or parents-in-law for 10 years visa
No limit on extended stay outside the UAE
Dubai investor visa holders are permitted to reside and work in Dubai, UAE
There is essentially no crime

Retirement Visa or Five Years Visa:

Ready Property with the Purchase Price of AED 1 million or more
Title deeds owners can apply for retirement visa application if the market value exceeds 1 million (an official evaluation certificate is mandatory).
Title deed jointly between partners is acceptable (applicant share should be a minimum of 1 million).
Age of the applicant must be 55 years or more
5 years of UAE Residency offered
Available for renewal after the renewal period (subjected to the set criteria)

Two Years Investor Visa:

A ready & not under-construction property in the UAE with a minimum value of AED 750,000
If the property is mortgaged, then an NOC from the bank is required and it must show the total paid amount and remaining amount
If the property is mortgaged by the developer, a copy of the initial sale certificate would be required
If the property is completed and not under construction, a payment statement with proof of payment for 50% of the entire property value or AED 375,000 is required
A certificate of good conduct and behaviour issued by Dubai Police addressed to the Dubai Land Department is a compulsory requirement for this category.

TWS Legal Consultants’ immigration lawyers, who are registered with the Dubai Legal Affairs Department, can advise and assist you throughout your UAE residency application. We are a fully digital law firm and can organize appointments via video conferencing if you are based abroad. Contact us now:

+971 4 448 4284 Get in touch