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UAE 10-Year Golden Visa for Real Estate Investors

In September 2022, the Federal Authority for Identity, Citizenship, Customs, and Ports Security (ICA) of the UAE introduced new regulations that allow certain real estate owners to obtain a 10-year Golden Visa. This initiative presents an exciting opportunity for eligible individuals seeking long-term residency in the UAE.

To qualify for a UAE Golden Visa as a real estate investor, you must meet one of the following criteria:

  • Invest in a property valued at AED two million or more, as specified on the title deed.
  • Acquire a property using a loan from select local banks.
  • Purchase one or more off-plan properties with a minimum value of AED two million from approved local real estate companies.

 

These regulations enable both existing and new property owners to apply for a UAE Golden Visa, providing them with numerous advantages and privileges:

  • Renewable 10-year visa upon meeting the requirements.
  • No requirement for a sponsor or employer.
  • Extended stays outside the UAE do not invalidate the Golden Visa.
  • Ability to sponsor your spouse and dependents, regardless of age as long as they are unmarried.
  • In the unfortunate event of the main applicant’s death, family members can continue to use the Golden Visa until its expiry.
  • Simplified conversion of your home country’s driving license to a UAE driving license without a full test.
  • Eligibility for the Esaad Card, offering extensive benefits and discounts across various sectors such as healthcare, education, hospitality, entertainment, real estate, and restaurants. Cardholders can enjoy exclusive offers and discounts at 7,237 brands and businesses within the UAE and across 92 countries worldwide.

 

At IRIS GROUP, we possess a proven track record of successfully facilitating eligible applications for the UAE Golden Visa. Our dedicated team aims to streamline the approval process, alleviating any potential stress or delays. We handle tasks such as arranging appointments for medicals and biometrics, liaising with the relevant departments to expedite the application, and managing unforeseen complications.

Should you have any inquiries or wish to begin your Golden Visa application, please do not hesitate to contact us using the provided details below.