You will get a Golden visa for 5 years if you have an economic project of a technical or future nature based. The auditor in the UAE should declare that the project value is not below AED 500,000. Your project is of technical or future nature, based on risk and innovation, as declared by relevant authorities.
Yes. Thanks to legal changes in 2002, foreigners can buy, sell, and rent property in Dubai without any special regulations or permissions.
To qualify for a UAE Golden Visa under the new regulations, real estate investors must fulfill the following conditions: Confirmation of Property Ownership: a letter from the land department of the respective emirate confirming ownership of one or more properties valued at no less than AED 2 million ($545,000).
Once all required documents are successfully submitted, the initial approval will take up to 48 hours. After the cancellation of the applicant's current visa and a completed medical assessment, the Golden Visa will be issued within three to five working days. For applicants outside the UAE (non-UAE residents):
Golden Visa holders can currently sponsor the following dependents for 10-year residency in the UAE: Spouse: Your legally married husband or wife. Children: Biological, adopted, or stepchildren (unmarried sons up to 24 if in full-time higher education, no age limit for children who are persons of determination).
Disadvantages of Golden Visa UAE Renewal Requirements: Golden visas need to be renewed upon expiry. This means that you need to maintain your investment and residency status to be eligible for renewal. No Path to Citizenship: A golden visa is a residency visa only and does not lead to citizenship.
Types of Dependent Visas: Spouse. Children. Parent. Parent-in-law.
The Golden visa is a long-term residence visa which enables foreign talents to live, work or study in the UAE while enjoying exclusive benefits. Investors, entrepreneurs, scientists, outstanding students and graduates, humanitarian pioneers and frontline heroes are among those eligible for the Golden visa.
There are no age restrictions. Any applicant can apply for the Real Estate Golden Visa, as long as they meet the necessary eligibility criteria.