If you make enough of an investment in Dubai’s real estate market, you can be eligible for a residency visa. The visa’s validity period is often set at a standard of two years. Nevertheless, new government initiatives and reforms that were implemented in 2018 have resulted in the creation of additional categories of investor visas, each of which has a unique set of conditions that must be satisfied. It is essential for a first-time investor to have a solid understanding of the distinctions between each option. In the following section of our book, we will provide you with a simplified summary of the various types of investor visas that are available to you in the UAE.
Content Recap:
Property Investor Visa
This is the residence visa that is most commonly granted to property buyers and investors.
Eligibility: Minimum investment of AED 1 million in freehold property
Validity: Renewable every 2 years
Renewal Conditions: Ownership of the property must be maintained for the duration of the visa
5-Year Property Investor Visa
This category was introduced early last year as a longer-term option for property investors.
Eligibility: Minimum investment of AED 5 million in freehold property
Validity: Renewable every 5 years
Renewal Conditions: Ownership of the property must be maintained for the duration of the visa
Retiree Visa
This visa is only applicable to those who are 55 years or older.
Eligibility: Minimum property investment of AED 2 million, minimum savings of AED 1 million, or minimum income of AED 20,000/year
Validity: Renewable every 5 years
Renewal Conditions: As long as the criteria continue to be met, the visa will be renewed
Long-Term Residence Visa
This is the longest residence visa offered in the UAE and can be considered a general investor visa.
Eligibility: Minimum investment of AED 10 million, 60% of that investment must be in non-real estate assets
Validity: Renewable every 10 years
Renewal Conditions: The investment must be held for at least 3 years
Please get in contact with our advisory team if you have any questions or would like more information regarding the intricacies of each criterion or the process of investing in real estate in Dubai. We would be more than happy to help you with any questions or concerns that you may have.