What are the requirements for real estate investors to obtain a Golden Visa?
Recent amendments now allow real estate investors to obtain the highly sought-after Golden Residence Visa when purchasing a property that is worth no less than AED 2 million.
As per these new amendments, investors are also entitled to obtain this long-term visa when purchasing a property with a loan from specific local banks. Investors can also get the residence when buying one or more off-plan properties of no less than AED 2 million from approved local real estate companies.
This long-term, 10-year residency is granted to investors, entrepreneurs, exceptional talents, scientists and professionals, outstanding students and graduates, humanitarian pioneers, and frontline heroes.
Recent amendments also allow the Golden Visa holders to sponsor their family members including spouses and children of any age. They can also sponsor any number of support services (domestic help). Family members are allowed to stay in the UAE in the event of the death of the Golden Visa holder.
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