How to Get a UAE Golden Visa for International Investors

Eligibility Criteria for Golden Visa by Property Investment in UAE 

Specific criteria must be met to obtain the UAE golden visa through property investment.

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Additionally, recognizing the difference between freehold and leasehold ownership is essential for your eligibility.

Investment Requirements and Property Types

To qualify for the UAE golden visa as a property investor, you need to invest in a ready property in UAE.

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This investment can be in residential, commercial, or mixed-use properties.

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However, different years of residency require different amounts of investment in property, as outlined below:

Understanding Freehold and Leasehold Ownership

In the UAE, property ownership is classified mainly as freehold and leasehold.

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‍Freehold ownership allows you to buy the property outright, providing full ownership rights.

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This is often the preferred option for investors seeking long-term residential or commercial investments.

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Leasehold ownership, on the other hand, typically grants the right to use the property for a specific term, usually up to 99 years.

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While this option is available, it may not qualify you for the UAE golden visa. 

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To maximize your eligibility, consider sticking to properties in freehold areas, especially in Dubai and Abu Dhabi, where many areas support foreign ownership.

The Golden Visa: Advantages and Renewal

The UAE Golden Visa offers valuable benefits for those seeking long-term residency through property investment.

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This visa not only allows you to live in the UAE but also grants you stability and flexibility in your residency options.

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With the Golden Visa, you can enjoy a long-term residency of 5 to 10 years, depending on your investment.

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This duration provides you with a secure environment to build your life and career in the UAE.

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You can live, work, and study in the country without needing a local sponsor.

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This independence is crucial for many expatriates and investors. In addition, you and your family can also obtain residency under this visa, promoting family unity.

Another significant benefit is the ability to own property in prime locations.

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This investment not only secures your residency but can also yield profitable returns.

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The visa’s structure allows you to have peace of mind and explore various business opportunities in the flourishing UAE market.

Application Procedure 10-year Golden Visa

Applying for the UAE golden visa through property investment involves a clear process.

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You must follow specific steps and provide the necessary documentation to ensure your application is successful.

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Step-by-Step Process to Applying for Investor Visa in UAE

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1. Choose Property: Select an eligible property in the UAE that meets the minimum investment criteria (generally AED 2,000,000).
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2. ‍Obtain a Visa: If you do not already have a visa, obtain an entry visa to the UAE. This visa allows you to enter the country while your application is being processed.
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3. ‍Prepare Documents: Gather required legal documents, including proof of property ownership (Title Deed or Oqood), identity documents, and financial statements.
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4. ‍Submit Application: Submit your Golden Visa application through the relevant authorities, such as the Federal Authority for Identity and Citizenship (FAIC).
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5. ‍Wait for Approval: After submission, wait for your application to be processed. The timeline can vary but it typically takes a few weeks.
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6. ‍Receive Your Visa: If approved, you will receive a multiple-entry visa, allowing you to stay in the UAE.

Document Checklist for Applicants

Before applying, ensure you have the following documents ready:

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• Valid Passport: A passport that is valid for at least six months.
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• Property Title Deed: Proof of ownership of the property in the UAE.
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• Bank Statements: Recent bank statements showing proof of income and financial stability.
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• No Criminal Record Certificate: A certificate that proves you have no criminal history.
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• Health Insurance: Valid health insurance coverage for yourself and any dependents.

Having these documents prepared will streamline your application process and improve the chances of a timely approval.

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Make sure all documents are translated into Arabic if necessary.

How to Renew a UAE Property Investment Visa

Once you have received your residency visa by the UAE government, you will have to make sure to renew it before the deadline.

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Renewing your UAE property investor visa involves several key steps to ensure compliance with the country’s regulations. 
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1. Gather Required Documents:
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• Valid Passport: Ensure your passport has a minimum validity of six months.
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• Current Emirates ID: Your existing Emirates ID card.
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• Updated Title Deed: Proof of property ownership, confirming that the property’s value meets the minimum investment threshold (typically AED 2,000,000 for a 2-year visa or AED 2 million for a 10-year visa).
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• No Objection Certificate (NOC): If your property is mortgaged, obtain an NOC from your bank indicating no objection to the visa renewal.
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• Good Conduct Certificate: A police clearance certificate from Dubai Police.
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• Health Insurance: Valid health insurance coverage for the duration of the visa.
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2. Access the Dubai Land Department (DLD) Online Portal:
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• Visit the DLD’s official eServices portal: Dubai Land Department – Investor Residence Application.
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3. Submit Your Application:
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• Create an Account: If you don’t have one, register on the DLD portal.
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• Complete the Application Form: Fill in all required details accurately.
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• Upload Documents: Attach the necessary documents as specified.
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• Review and Submit: Double-check all information before submitting your application.
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4. Pay Applicable Fees:
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• The renewal fee varies depending on the visa type. For instance, a standard partner visa renewal fee is AED 1,750. However, costs can differ based on specific documentation and procedures.
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5. Undergo Medical Examination:
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• Visit a Dubai Health Authority (DHA) approved medical center for the required health check-up.
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6. Emirates ID Renewal:
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• After your medical results are processed, apply for the renewal of your Emirates ID through the Federal Authority for Identity, Citizenship, Customs & Port Security (ICP).
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7. Visa Stamping:
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• Once all approvals are in place, your passport will be stamped with the renewed visa.
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Additional Considerations:
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• Processing Time: The entire renewal process may take several weeks, so initiate the renewal well before your current visa expires.
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• Stay Informed: Regularly check the DLD and ICP websites for any updates or changes in the renewal process.

How to Cancel a UAE Real Estate Investment Residency Visa

Canceling a UAE property investor visa involves several steps to ensure compliance with local regulations.

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Here’s a comprehensive guide to assist you through the process:
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1. Gather Required Documents:
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• Original Passport: Your current passport.
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• Emirates ID: Your Emirates Identification Card.
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• Title Deed: Proof of property ownership.
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• No Objection Certificate (NOC): If applicable, an NOC from your local sponsor or business partner.
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• Trade License Copy: If the visa is linked to a business entity.
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2. Settle Outstanding Obligations:
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• Financial Dues: Ensure all financial obligations, such as loans, utility bills, and fines, are settled.
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• Health Insurance: Cancel any health insurance policies associated with the visa.
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3. Initiate Visa Cancellation:
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• Online via GDRFA Portal:
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  • Visit the General Directorate of Residency and Foreigners Affairs (GDRFA) website.
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  • Log in using your UAE Pass or create a new account.
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  • Navigate to ‘Services’ > ‘Residency Services’ > ‘Cancellation of residence visa’ > ‘Cancellation of all types of residence permits’.
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  • Complete the application form with the required details.
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  • Attach the necessary documents.
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  • Pay the applicable fees.
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  • Submit the application.
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• Through a Registered Typing Center:
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  • Visit an authorized typing center.
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  • Provide the required documents.
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  • The center will fill out the cancellation form on your behalf and process it online through the Federal Authority for Identity, Citizenship, Customs & Port Security (ICP).
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4. Pay Applicable Fees:
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• Service Fee: AED 100
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• Innovation Fee: AED 10
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• Knowledge Dirham: AED 10
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• Printing Fee: AED 100 (if submitting via ZAJEL Courier Centre)
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Note: Fees are subject to change; please verify with the relevant authorities.
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5. Submit Emirates ID:
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• Surrender your Emirates ID to the GDRFA upon cancellation of your residence visa.
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6. Await Confirmation:
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• The visa cancellation process typically takes around 48 hours. However, processing times may vary due to public holidays or specific employer terms.
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7. Understand the Grace Period:
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• After cancellation, there is a grace period ranging from 60 to 180 days, depending on the visa category, during which you can remain in the UAE.
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Additional Considerations:
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• Dependents’ Visas: If you have dependents under your sponsorship, their visas must be canceled before canceling your own.
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• Proof of Cancellation: Obtain a cancellation proof (a stamp or paper) before leaving the UAE.
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• Legal Obligations: Ensure all legal and financial obligations are fulfilled to avoid future complications.

Regulatory and Legal Framework of the UAE golden visa by Real Estate Investment

Understanding the regulatory landscape for the UAE golden visa by property investment is essential.
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Significant policy changes and legal frameworks directly impact your ability to invest and secure the UAE golden visa.

Recent Policy Changes

In recent years, the UAE has made key policy updates that affect the Golden Visa program for property investors.

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These changes aim to attract more foreign investment and streamline the golden visa process.

One notable update allows a wider range of property types to qualify for the UAE golden visa.

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This includes residential, commercial, and mixed-use developments.

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Additionally, minimum investment requirements have been adjusted. You now need to invest at least AED 2 million in real estate.

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This shift reflects a focus on quality investments that benefit the economy while ensuring that your investment is secure.

Legal Framework and Compliance

Navigating the legal framework is crucial for a successful investment.

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The UAE’s property laws are designed to protect both local and foreign investors.

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You must ensure compliance with the legal requirements set by the UAE government.

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This includes registering the property with the relevant authority and obtaining necessary approvals.

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The process also involves a thorough due diligence review. Understanding property rights, zoning laws, and environmental regulations is key.

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Recent updates have enhanced investor protections, making it more streamlined for you to secure your investment.

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This includes clearer guidelines on ownership rights for foreign investors in designated areas.

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Staying informed about these regulations will help you make informed decisions regarding your property investment and the UAE golden visa application.

About QUBE Development:

QUBE Development, a subsidiary of DHG Investments, is a leading real estate developer in Dubai of high-quality residential and commercial properties. Standing on a 30-year legacy of experience and excellence, QUBE is dedicated to transforming living spaces in the UAE by integrating sustainable architecture, captivating design, and unparalleled amenities.

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As a community-focused property developer in Dubai, QUBE Development aims to set the benchmark for real estate development by creating the foundation for generational wealth for customers. The company prioritizes durability and quality in every project. Expanding its portfolio throughout the UAE, QUBE Development responds swiftly to the evolving market demands, maintaining a commitment to providing the highest quality builds through collaborations with world-renowned architects and in partnership with a dedicated contractor to ensure meticulous attention to design and construction.
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