Gateway to Africa and the Middle East, Asia, and Europe due to the country’s strategic geographic positioning
The UAE is one of the most attractive business destinations worldwide. UAE Residence by Investment is aimed at providing long-term residence to foreign investors, entrepreneurs, and talented individuals including specialists, students, and researchers who make a significant investment to the country.
UAE Residence by Investment allows foreign nationals to make an investment into the country and apply for a residence permit, also known as a UAE golden visa.
Minimum investment of AED 2 million (approximately USD 550,000)
12–36 months
The right to live in any of the seven emirates of the UAE
Gateway to Africa and the Middle East, Asia, and Europe due to the country’s strategic geographic positioning
Safe, secure environment
High standard of services and good quality of life
Applicant’s spouse and unmarried children of any age may be added at no additional investment
Among the top 30 countries in the world for ease of doing business
Favorable tax regime for investors — with no personal income, capital, net worth, or withholding tax (except for those levied in the domestic banking and oil sectors), and several double-tax treaties in place
Good value from real estate investments
Member state of the United Nations, the Gulf Co-operation Council, and the Arab League
There are numerous categories of beneficiaries for the UAE’s Golden Residence visa, including real estate investors who can obtain a 10-year renewable residence visa by purchasing one of the following:
A property worth a minimum of AED 2 million (approximately USD 550,000)
A property worth a minimum of AED 2 million (approximately USD 550,000) with a loan from specific local banks
One or more off-plan properties worth a minimum of AED 2 million (approximately USD 550,000) from approved local real estate companies
After the successful applicants have received a green card, the funds must stay invested for three to seven years depending on the project.
Approved applicants will receive conditional green cards for a period of two years. The conditions on the green card are then removed at the end of the two years upon demonstrating to USA immigration authorities that the jobs were in fact created or maintained. The transition from conditional to regular green card does not affect what the green card holder can do in the USA.
Individual applicants must have a net worth in excess of USD 1 million and provide proof that their funds come from legal sources.
Applications for UAE residence must include completed application forms and should be accompanied by the appropriate fees and supporting documents. Golden Residence visas obtained are valid for 10 years and can be renewed thereafter. Residing outside the UAE does not nullify the visa. Investments must be held for at least three years.
Once the initial due diligence checks have been completed and the retainer paid, then the application for UAE residence can be submitted to the government.
Once the requirements have been fulfilled, pending initial approval of the application, the successful applicant receives a six-month multiple-entry visa and travels to the UAE to apply for an ID card and undergo a medical check. Thereafter, full approval is granted and the client receives the residence visa.
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