What are the requirements for getting a UAE Golden Visa through property investment?

The UAE Golden Visa offers long-term residency to investors who meet specific real estate ownership criteria. Through property investment, eligible individuals can apply for a 10-year renewable Golden Visa.

Key Requirements:

  1. Minimum Property Value:

    • You must own property worth at least AED 2 million in the UAE.

    • The property can be residential, commercial, or a mix.

    • Multiple properties can be combined to meet the threshold.

  2. Ownership Status:

    • The property must be fully paid or mortgaged with at least AED 2 million equity (i.e. paid portion of the loan).

    • Off-plan properties may be eligible if the developer and value meet DLD criteria.

  3. Title Deed:

    • A valid title deed registered with the Dubai Land Department (DLD) is required as proof of ownership.

  4. Applicant Must Be in the UAE:

    • You must be physically present in the UAE at the time of application.

  5. Health and Background Requirements:

    • Medical fitness test

    • Valid health insurance

    • Clean criminal record

  6. No Minimum Stay Requirement:

    • Unlike many residency programs, there is no minimum annual stay requirement to maintain the Golden Visa.

Additional Notes:

  • Golden Visas are issued for 10 years and are renewable, provided the investment criteria continue to be met.

  • Property investors can also sponsor family members, including spouse, children, and in some cases, household staff.

Property owners in Dubai are eligible for a Golden Visa if the current market value of their property exceeds AED 2 million. The property's value must be verified through an official property evaluation from the Dubai Land Department (DLD).

If the property was purchased using a mortgage—either from a bank or directly through a developer—a Statement of Account from the bank or developer, along with a No Objection Certificate (NOC), must be provided to proceed with the residence visa application.

For off-plan properties, eligibility is determined on a case-by-case basis by the DLD. It's not solely about the amount paid to the developer; the completion status of the project plays a significant role. The property must be valued at AED 2 million or more, and applicants must also provide the Oqood certificate as part of the documentation.

Contact us at fäm Conveyancing to apply for your Golden Visa today.

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