Investment visa in Dubai
Guide to Getting an Investment Visa in Dubai
Dreaming of living in Dubai through investment? Here’s an easy breakdown of getting an investment visa:
1. What’s an Investment Visa?
It’s a visa for those who invest in a business or property in Dubai, letting them live there.
2. Does It Vary Across Emirates?
Yes, each emirate in the UAE has different rules for investment visas.
3. Ways to Get an Investment Visa:
- Property Investment: Buy a property worth at least AED 1 million.
- Company Investment: Invest AED 72,000 in a new or existing business.
- Retirement Visa: Over 55 and invested in a property worth AED 2 million.
- Golden Visa: Invest AED 10 million in Dubai for a 10-year visa, or AED 5 million for a 5-year visa.
4. How Long Does the Visa Last?
- Property investment: 3 to 5 years.
- Company investment: 3 years.
- Golden Visa: 5 to 10 years.
- Retirement: 5 years (renewable).
5. Documents You’ll Need:
- Passport copy.
- Personal photo.
- Trade license (for company investors).
- Bank statements.
- Title deed (for property investors).
- Good conduct certificate.
- Health insurance.
6. Benefits of the Investment Visa:
- Live in UAE.
- Travel in and out freely.
- No taxes in your home country (depends on home country rules).
- Get Emirates ID and driving license.
- Open a bank account.
- Sponsor family members.
7. Applying for the Visa:
- Visit the Dubai Land Department with your passport and property title deed.
- Get a reference letter for the Dubai police.
- Get a good conduct certificate.
- Apply for a trade license.
- Apply at the General Directorate of Residency and Foreigners Affairs.
8. Cost of the Visa:
- Property investment: Around AED 13,000.
- Company investment: About AED 1,035.
- Golden Visa: AED 650 for 5 years, AED 1,250 for 10 years.
FAQs:
How Much Do You Need to Invest?
- It varies. Property investors need at least AED 1 million, while Golden Visa applicants need AED 5-10 million.
Do Property Buyers Get a Visa?
- Yes, if the property meets the criteria (worth AED 1 million or more).
How Long is the Investor Visa Valid?
- 3 to 5 years, depending on your investment type.
Ready to invest and live in Dubai? With these steps, you’re closer to enjoying life in one of the world’s most dynamic cities!