A United Arab Emirates residency provides an opportunity to live in a flourishing business hub
Source : With authorization from RIF Trust
minimum requirement
With no residency requirements and, in turn, fast-track applications available, United Arab Emirates residency is a popular route with investors interested in doing business in this flourishing region.
Entering the UAE is stepping into year-round sunshine and very little rain. For this reason, it’ s considered one of the top residence by investment “programs”.
Guarantee High Standards of Living
The United Arab Emirates (UAE) provides a safe and secure environment to live in, with an excellent quality of life as well.
As part of the UAE Golden Visa Programme, you can also include your immediate family.
This means no disruption to business for investors who might prefer establishing a base elsewhere.
The UAE boasts pro-business policies, as well as having a great business infrastructure. Therefore, this makes it a fantastic location for those looking to grow their company.
Daman, the UAE national health insurance company, offers discounted Core Silver, Enhanced Gold, and Premier packages to UAE Golden Visa holders and their families.
Investor
Firstly, over 18 years old and able to supply a personal photo
Secondly, have valid travel documents such as a passport
Thirdly, provide proof of investment and financial stability
Lastly, must pass a medical fitness test and obtain a security clearance via a certificate of good conduct
First, over 18 years old
Next, have valid travel documents such as a passport
Last, must pass a medical test and obtain a security clearance through a certificate of good conduct
Unmarried sons under 25 years old only with certified birth certificate
Unmarried daughters of any age at all with certified birth certificate
Physically or mentally disadvantaged children of any age with certified birth certificate
Number allowed contingent on the particularities of an application
To qualify for the UAE Residency-by-Investment Programme, you must fulfil ONE of the following investment options AND meet other requirements:
Invest at least AED2,000,000 in real estate. This investment entitles you, the real estate investor, to a Golden Visa for five years. Moreover, you can renew the Golden Visa by maintaining the investment. This refers to a visa in Dubai or a visa in the UAE generally. This type of residence visa is also known as as a property investor visa.
You can do this in one of three ways:
Firstly, submit a letter from an accredited investment fund stating that you have made a deposit of AED 2 million
Secondly, provide evidence of either a valid commercial licence or industrial licence and a memorandum of association establishing that your capital is at least AED two million.
Thirdly, show proof from the Federal Tax Authority that you pay the government a minimum of AED 250,000
This Golden Visa is valid for 10 years. However, this is on condition that you also include details of medical insurance for you and your family. It’s also known as the Investor Visa Dubai as this is a popular place to invest in.
As an entrepreneur, you must provide an approval letter from each of the following:
An auditor in the UAE demonstrating that the project is valued at least AED 500,000
The authorities in the emirate establishing that the project is of a technical or future nature
An accredited business incubator in the UAE determining the proposed activity in the country.
You will be granted a golden visa that entitles you to UAE residency for up to five years.
You must provide a personal photo (4.5 x 3.5 cm) with a white background for you and all your dependants to qualify for this golden residence.
There is a welcoming business climate and a favourable personal tax regime too.
In the first step of the process, to begin, our visa processing team will help you search and acquire one or more properties in Dubai etc. with a combined value of over AED2,000,000. Above all, RIF Trust ensures that the chosen properties meet the eligibility criteria for the Golden Visa. In addition, we will submit all documents required to the likes of the Dubai Land Department.
During this phase, we connect you with reputable real estate agents and consultants to find suitable properties, also negotiate the terms, and, lastly, finalize the purchase agreement. We will arrange the necessary entry permits during this stage, including to the Free Zones.
After the property acquisition, we next assist you in obtaining the title deeds for the purchased property. The title deeds serve as proof of ownership and are therefore required for the Golden Visa, aka Dubai Investor Visa, application.
After receiving the residency visa, finally, your Emirates ID card follows after seven to ten days.
Frequently Asked Questions
What can I expect from UAE residency?
You’ll gain the right to reside in the United Arab Emirates (UAE), which is also extended to any immediate family included in your application. Upon approval, you'll receive an electronic visa and Emirates ID card.
With a fantastic business infrastructure and pro-business policies, the UAE is also a lucrative option for investors who want to expand their business opportunities within the Middle East. A UAE residence permit allows you and your family to enjoy delightful temperatures all year round as well.
You can earn various travel privileges as well with UAE residency. The Azerbaijan visa for UAE residents options include a tourist e-visa. This is a single-entry visa valid for 90 days and allows you to stay for up to 30 days in the Republic of Azerbaijan.
You will need to invest at least 2 million AED (approximately $550,000) to obtain this investor visa. A golden visa in Dubai allows you to access a popular choice of base for a husband and wife, plus their family too. The investment is in the form of real estate and, moreover, entitles you, the property investor, to a Golden Visa for five years, renewable provided the qualifying conditions still apply.
The process is fast and straightforward for this Residency by Investment, from month one, where you acquire the property required for the contribution, the wheels are in motion for you to receive your residency permit. Generally, you will receive your long-term visa after two to three months.
You can include a spouse in your application if they are over 18 and have valid travel documents as well. Marriage certificates are a pre-requisite too. Additionally, you can include unmarried children (sons under 25 years old and daughters of any age), and, also, domestic staff. This UAE property visa allows you to relocate with an entourage befitting of your circumstances.
No. You are, of course, free to take up residence in the likes of Dubai or Abu Dhabi, for example.
None. The UAE Golden Visa is a Residency by Investment. It’s not a Citizenship by Investment.So, you can’t get a passport on the back of it. This means that you won’t enjoy visa-free travel. Residence and citizenship are two different things.
Yes. You can treat it like one. If you’re over 55 and exercise the real estate option, you’ll receive five years of residency in the UAE.
© 2024 Versfeld Law. All rights reserved. | Privacy Policy | Terms and Conditions | Legal Disclaimer | Powered by DNA Super Systems