Dubai, a city renowned for its innovation, luxury, and opportunity, has become a prime destination for global investors. Whether for business, investment, or simply enjoying the vibrant lifestyle, staying in Dubai for an extended period often requires a visa. For investors, Dubai offers several visa options that facilitate long-term residence. This guide focuses on the investment visas available in Dubai, highlighting the recent regulatory changes and how they benefit potential investors. Additionally, we provide an overview of other visa types and how Innvesta can assist you in the application process.
Investment Visas in Dubai
Dubai provides several visa options tailored to investors, facilitating their long-term stay in the emirate. The key investment visas are the Regular Investment Visa and the Golden Visa.
Regular Investment Visa
Dubai offers a regular investment visa as a viable option for investors looking to reside in the UAE.
Key Features:
- Property Value: Investors must own property worth at least AED 750,000 (approximately USD 204,200).
- Flexibility with Off-Plan Properties: Previously, investors needed to wait until the completion of the property to qualify for a visa. Now, investors can start the visa procedure by paying 50% of the property’s value through a payment plan or mortgage.
- Visa Duration: Typically valid for three years, renewable if the property ownership conditions continue to be met.
Golden Visa
The UAE’s Golden Visa is a prestigious long-term residence visa designed to attract foreign investors and talents. This visa offers numerous exclusive benefits, making it an attractive option for investors.
Key Benefits of the Golden Visa:
- Long-Term Residence: The visa is valid for 10 years and is renewable.
- Flexibility: Visa holders can stay outside the UAE for extended periods without invalidating their residency.
- Family Sponsorship: Allows the sponsorship of family members, including spouses and children, regardless of their age.
- Domestic Helpers: Permits the sponsorship of an unlimited number of domestic helpers.
- Stability: Ensures family members can remain in the UAE until the end of their permit duration, even if the primary visa holder passes away.
Eligibility for Investors:
- Real Estate Investment: Investors must own property worth at least AED 2 million (approximately USD 544,500). This can include multiple properties whose combined value meets the requirement.
- Regulatory Changes: Recent changes have made it easier to qualify by removing the AED 1 million (approximately USD 272,250) minimum down payment requirement. Investors can now use off-plan, completed, mortgaged, or non-mortgaged properties to meet the criteria. Shared ownership is also allowed if the applicant’s share is worth at least AED 2 million.
Other Visa Options
While this guide focuses on investment visas, Dubai offers a variety of other visa options, including:
- Green Visa for Freelancers, Self-Employed Individuals, and Skilled Employees
- Student Visas
- Family Visas
For more detailed information on these visas, please visit the official UAE government portal here.
Innvesta: Your Trusted Partner in Navigating Visa Processes
Navigating the visa application process in a foreign country can be daunting, especially in the Middle East. At Innvesta, we simplify this process for you. Our expertise and partnerships with top professionals ensure that you receive comprehensive assistance every step of the way. Whether you are investing in property, starting a business, or relocating with your family, we make your transition to Dubai as smooth and hassle-free as possible.
Feel free to contact us if you have any questions or would like to set up an appointment. We are here to help you every step of the way.
Seamlessly Transition to Life in Dubai
Understanding the visa requirements and options available in Dubai is crucial for anyone planning an extended stay in the city. Whether you are coming for investment, work, education, or retirement, Dubai offers a range of visas to suit different needs. By knowing the eligibility criteria and application process for each type of visa, you can ensure a smooth transition and enjoy your time in this dynamic and vibrant city.
Staying informed and prepared will help you make the most of your experience in Dubai. For any assistance or to learn more about how Innvesta can support you in obtaining your visa, feel free to reach out to us.
