Dubai Property Investor Visa
The United Arab Emirates (UAE) is a federation of the Middle East and member of the Gulf Cooperation Council (GCC) and OPEC.
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-Qaywayn. 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 five or ten years and will be renewed automatically.
TWS Legal Consultants’ immigration lawyers, who are registered with the Dubai Legal Affairs Department, can advise and represent you throughout your UK Tier 1 Investment Visa application. We are a fully digital law firm and can organise appointments via video conferencing if you are based abroad.
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?
To apply for a ten-year Residence Visa in Dubai, you must:
- invest in public investments of at least AED 10 million
- the investment may take many forms such as:
- a deposit of at least AED 10 million in an investment fund inside the country
- establishing a company in the UAE with capital AED 10 million or more
- partnering in an existing or a new company with a share value of more than AED 10 million
- having a total investment of more than AED 10 million in all areas mentioned above, provided the investment in non-real estate sectors is not less than 60 per cent of the total investment
The long-term visa can include the applicant’s spouse and children. One executive director and one advisor can also be included on the visa. Investors from abroad may apply for a multiple-entry permit for six months.
To be eligible for a five-year visa, you must invest in a property in Dubai.
Granting a visa is subject to the following conditions:
- the investment property must have a value of AED 5 million or more
- the property cannot be mortgaged
- the property must be retained for at least three years.
The Dubai Land Department issues this visa for those who have invested in a property in Dubai valued at over AED 750,000. You will be entitled to certain benefits such as being able to apply for a UAE driver’s licence, identity card, and family sponsorship.
To be eligible, you must satisfy the following conditions:
- the property must be valued at AED 750,000 or more
- the property must be mortgage-free and off-plan, and residential
- you must show an income of AED 10,000 per month
- you cannot spend a consecutive six months outside the country
To learn more about the Dubai Property Investor Visa, please contact us: