Dubai is not only a dream destination for visitors, but also for business owners and property investors, this land serves numerous lucrative perks. Dubai real estate is considered golden with high ROI, state-of-the-art infrastructure, and the flexibility to invest in different property types.
Dubai investor visa has been introduced to invite real estate investors from all across the globe, and since it is easy to obtain, investors are rapidly looking to get a Dubai investment visa.
Once you have it, you don’t have to renew it every few months as it gives you the freedom to live in Dubai for up to three years, and you can even sponsor your family members in Dubai, which is an excellent perk of having an investment visa.
Below, we have discussed different property visa types, the benefits of an investment visa, and everything you need to know about a UAE investment visa.
What is a Dubai Investment Visa?
Dubai welcomes diversity, which is why it has always been a pleasure for investors to invest here, as Dubai real estate offers friendly perks to the expats. Put simply, a Dubai Investment Visa is a type of residency visa issued to foreigners who want to invest in Dubai.
The visa is applicable for up to three years and can be extended as long as the property remains in the name of the investor. Since there are no restrictions with investment visas, it gives the investors a sense of security about their property.
Once you have it, you can enjoy long-term residency in Dubai, tax-free income, healthcare, and educational facilities, and a stable style of living in the Emirates.
The regulations of Investment Visas differ from one emirate to another, but it brings along an exceptional set of investment opportunities across the UAE. With a minimum investment in any freehold property in Dubai, you can apply for a Dubai investment visa, and the same goes for other emirates as well.
After acquiring the investment visa, you have to visit the country once every 180 days, and if you fail to do so, your investment visa will be canceled.
You should know that the investment visa is not equivalent to citizenship and is solely approved by the investors after a certain amount of investment.
Different property visa types
Let’s look into different types of property visas to give you a clearer idea about the investment visa. The eligibility criteria for applying to any of these visa types differ, depending on your selected visa.
6-month Visa:
This visa allows you to enter the UAE any number of times within the duration of six months. You don’t have to contact the Dubai Land Department for the issuance of this visa, as you can easily acquire it through immigration authorities.
3-Year Investor Visa
If you intend to invest in UAE property that is worth AED 750,000 up to the limit of 1 Million AED, you can acquire a 3-year property visa. Once you have it, you can become a resident of the UAE and enjoy the perks of living in any of its emirates.
5-Year Property Investor Visa
You can apply for a 5-year Property visa if you want an investment worth 2 million AED in Dubai Real Estate. It comes with its own set of benefits, including residence, driving license, sponsoring family, etc.
10-Year Property Visa
You can be eligible for a 10-Year Property Visa if you want to invest in a property worth 10 million AED or more. This type of visa requires specific documented investment proofs, including an investment fund deposit, a partnership with a company where you own shares worth 10 million AED, or a company with capital of at least 10 million AED.
Terms & conditions to apply for UAE Investment Visa
- If you own a property visa in UAE, you cannot spend an entire year outside the UAE without visiting any of the emirates through the 365 days.
- While applying for the UAE investment visa, you must submit verified proof of your income, which should be at least 10,000 AED a month.
- The current property value you want to invest in should be at least 1 Million AED.
- If you have multiple properties with a combined worth of 1 million AED, you can apply for the Investment Visa.
- You can apply for a property visa for residential and freehold properties only.
- You can only invest in a property that is located in livable conditions.
- Steer clear from investing in properties that are disputed or have legal issues.
Perks of UAE Investment Visa
As a UAE Investment visa owner,
- You don’t have to worry about spending your time in the UAE. You can spend as much time as you want and can make multiple visits.
- You can open your bank account and benefit from the financial services.
- You can apply for a driver’s license and an Emirati ID.
- You have the freedom to sponsor your family members.
- It gives you the freedom to travel to multiple countries visa-free.
- You can extend your 3-year and 5-year investment visa ownership.
Conclusion
The Investment Visa grants property owners access to a variety of services, such as banking, healthcare, and education. Dubai residents and real estate investors can leverage multiple perks with a Dubai property visa.
The visa provides tax-free income, permanent residency, and access to the best medical and educational facilities. Obtaining a property visa is simple.
These advantages draw investors to Dubai from all over the world. Consider obtaining a Dubai property visa if you’re looking for a secure investment and a high standard of life.
