Dubai’s government has consistently prioritized the real estate sector as a key driver of economic growth. Through strategic policies and development projects, they have fostered investor confidence and attracted significant foreign investment.
The UAE government established the Golden Visa initiative in 2019, facilitating long-term residency for property investors and their families. Four distinct visa categories are available for investors: a 3-year investor visa, a 5-year Green Visa, the 10-year Golden Visa, and a retirement visa. A comprehensive overview of each visa, including eligibility criteria, associated costs, and the application process, is provided below.
Investor Visas
The 5-year Golden Visa was formerly a highly sought-after option for investors seeking UAE residency, available to those buying completed residential properties valued at AED 5 million (USD 1.36 million) or higher. However, with the implementation of new UAE visa regulations on October 3, 2022, the required investment for the Golden Visa has been reduced to AED 2 million (USD 545,000). Additionally, under the Dubai Land Department’s Taskeen Programme, a 3-year investor visa is now attainable for property investments of AED 750,000 (USD 205,000) or more...Read More