UAEINVESTOR VISA
MIN INVESTMENT
500,000 AED
PROCESSING TIME
2-3 MONTHS
PERMIT TYPE
TEMPORARY RESIDENCE
FAMILY
SPOUSE, CHILD, PARENT
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SUMMARY
The United Arab Emirates (UAE) is a small Middle Eastern country. It has solidified its position as a global destination that attracts many visitors, businesspeople, and expats in recent decades. Thousands of expats live in the well-known cities of Dubai and Abu Dhabi. Since 2018, the UAE has allowed foreigners with valuable skills to apply for long-term residency. This includes the UAE Investor Visa or golden visa, which is a residency by investment scheme. Applicants that are approved will be given a 5-year or 10-year permit that is renewable. Investor visa holders will be eligible to apply for UAE citizenship starting in 2021. The naturalization process used to be complicated and rarely culminated in citizenship.
The UAE Golden Visa scheme gives you the option of applying for a 10-year or 5-year permit. UAE Golden Visa is the most preferred option for investors worldwide who want to immigrate to the UAE. Those who invest at least AED 10 million in a company or financial instrument are eligible for a 10-year license. If you buy a property worth at least AED 5 million or start a company worth at least AED 500,000, you will get a 5-year permit. The investment must be held for a minimum of three years.
With no tax on personal income and most types of corporate income, the UAE is one of the most tax-friendly jurisdictions.
You can now become a UAE citizen thanks to the new citizenship rule. The UAE passport is one of the best in the country, allowing visa-free travel to the Schengen area of Europe, China, Russia, and even Canada.
POPULATION
9.771 Million
CAPITAL
Abu Dhabi
CURRENCY
AED
LANGUAGE
Arabic
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- TYPE: RESIDENCY
- VISA-FREE: EU
- PROCESS: 2-3 MONTHS
INVESTMENT
The federal government governs the UAE’s immigration policy, so you may need to apply to the local authority depending on whether you want to invest in Dubai, Abu Dhabi, or another Emirate. If you’ve qualified, you’ll need to keep your investment up to date for your permit to stay valid and be extended. It is not possible to borrow the minimum investment. The choices for UAE Residency By Investment are as follows:
- Investors in public investments of at least AED 10 million get a 10-year permit.
- Investors in real estate of at least AED 5 million get a 5-year permit
- Entrepreneurs of at least AED 500,000 get a 5-year permit
UAE RESIDENCY INVESTMENT OPTIONS
INVESTOR 10 YEAR PERMIT
To apply for a 10-year residency visa in the UAE, you must fall into one of the following categories. The investment must be held for a minimum of three years.
Investors with a minimum contribution of AED 10 million in public investments. The investment may take a variety of forms, including:
- Depositing at least AED 10 million in a UAE investment fund
- Forming a company in the UAE with a capital of at least AED 10 million
- Investing in an established or new company with a share value of at least AED 10 million
- A total investment of not less than AED 10 million in all areas listed, with investments in non-real estate sectors accounting for at least 60% of the total investment.
If each partner contributes AED 10 million, the visa can be expanded to include business partners.
The spouse and children and one executive director, and one counselor may be included on the long-term visa.
Cost of Main Applicant: 1,050 AED
Cost of Dependent: 1,050 AED
INVESTOR - 5 YEAR PERMIT
The following categories are entitled to apply for a 5-year residence visa in the UAE.
Investors in a property in the UAE – Granting a visa is subject to the following conditions:
-A property with a gross value of at least AED 5 million must be purchased by the investor.
-No money must be borrowed to invest in real estate.
-A minimum of three years must be spent on the house.
Cost of Main Applicant: 650 AED
Cost of Dependent: 650 AED
ENTREPRENEUR - 5 YEAR PERMIT
Those who have an established project with a minimum capital of AED 500,000 or who have received approval from a recognized business incubator in the country fall into this group.
The entrepreneur is granted a six-month multi-entry visa that can be renewed for another six months. The spouse and baby, a partner, and three executives are all included in the long-term visa.
Cost of Main Applicant: 650 AED
Cost of Dependent: 650 AED
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PROCESS
Application Processing Time: 2-3 Months
Step 1 - Month 1
If you cannot enter the UAE without a visa, you can obtain an entry permit before you can formally apply. As a result, you'll need to collect the required documentation and use it through the Federal Authorities for Identity and Citizenship's Channels framework. The authority will review your application and, if accepted, will give you a 6-month multiple entry visa.
Step 2 - Month 2
Whether you apply in Dubai or Abu Dhabi, you will need to use it at the local authority once you arrive in the UAE. Before submitting your application with all necessary documents, you must complete your investment.
Step 3 - Month 3
After your application has been accepted, you will be contacted to schedule an appointment with the local authority to provide biometrics and obtain your resident permit.
CONDITIONS
- A series of requirements must be fulfilled to apply for UAE Investor Visa Program. Check all the requirements for obtaining Residency by Investment in UAE.
- Financial Requirements:
Statement of Accounts. A monthly income of AED 10,000 (or equivalent currency) is needed, earned both within and outside the UAE. - Criminal Record:
Reports from the police in the countries where you have lived. The Police Certificate must be within the last six months. - Medical Test:
Medical Certificate from a health professional - Investment Related:
Proof of investment, e.g. property deed or Bank Letter to prove Deposit of AED 10m.
FAMILY
- Parent Dependent
A parent can be sponsored for a visa - Child Dependent
Children up to the age of 18, after which only daughters with a single marital status can remain under their sponsorship, and boys over the age of 18 can stay on a student visa or apply for an employee or investor visa.
INITIAL PERMIT
- A resident permit is issued to the authorized applicant for a period of 5 or 10 years. If the owner of an investor residence visa in the UAE does not visit the country once every 180 days, the visa may be revoked. In the United Arab Emirates, permanent residency is not possible, but you may extend your temporary resident permit or apply for citizenship.