Guide to the 10-Year Golden Visa for Property Investors in the UAE

The UAE’s 10-Year Golden Visa program offers property investors a unique opportunity to enjoy long-term residency in one of the world’s most dynamic and prosperous countries. Designed to attract and retain top talent and significant investments, this visa provides stability, security, and a range of benefits for investors and their families.

Eligibility Criteria for Property Investors

To qualify for the 10-Year Golden Visa as a property investor in the UAE, the following criteria must be met:

1. Minimum Investment Value: The property or properties invested in must have a total value of at least AED 2 million (approximately USD 545,000).
2. Property Ownership: The investment must be in one or more properties within the UAE. The properties must be fully owned by the investor (not mortgaged), or the mortgage value should not exceed 50% of the total property value. Off-plan properties are also eligible if the minimum value is met upon completion.
3. Property Type: The investment can be in residential, commercial, or industrial properties. However, land or other non-income generating properties typically do not qualify unless they meet certain criteria.
4. Investment Source: The funds used for the property investment must be from the investor’s personal savings or income, and not from a loan or financing from a third party.
5. Retaining the Investment: To maintain the Golden Visa, the investor must retain ownership of the property for the duration of the visa. Selling the property or reducing the investment below the minimum threshold can lead to the visa being revoked.

Benefits of the 10-Year Golden Visa

• Long-Term Residency: The Golden Visa grants a renewable 10-year residency for the investor and their family members, including spouse and children.
• Sponsorship Benefits: The visa holder can sponsor family members, as well as domestic staff, under certain conditions.
• No Employer Sponsorship Required: Investors with the Golden Visa do not require employer sponsorship, giving them the freedom to live and work in the UAE independently.
• Business Opportunities: The visa allows the investor to engage in various business activities, providing opportunities to grow and diversify investments.
• Education and Healthcare: Golden Visa holders and their families can access world-class education and healthcare services in the UAE.
• Tax Advantages: The UAE offers a favorable tax environment with no personal income tax, making it an attractive destination for high-net-worth individuals.

Application Process

1. Property Purchase: Acquire a property or properties in the UAE that meet the eligibility criteria.
2. Property Registration: Ensure the property is registered in the investor’s name at the Dubai Land Department or relevant emirate’s real estate authority.
3. Visa Application: Submit the visa application through the General Directorate of Residency and Foreigners Affairs (GDRFA) in the relevant emirate. The application must include the title deed and other required documents.
4. Medical Examination and Health Insurance: Undergo a medical examination and obtain UAE health insurance, as these are mandatory for residency visas.
5. Approval and Issuance: Once the application is approved, the investor will receive the 10-Year Golden Visa, allowing them and their family to reside in the UAE.

Partner with Redlac Real Estate for Your Golden Visa Journey

Securing a property that qualifies for the 10-Year Golden Visa is a significant decision that requires careful consideration and expert guidance. Redlac Real Estate LLC is here to assist you in navigating the UAE’s property market and ensuring that your investment meets the criteria for the Golden Visa.

Our experienced team will help you identify prime investment opportunities, handle the legalities, and guide you through the entire visa application process. With Redlac Real Estate by your side, you can invest confidently, knowing that you’re making a sound decision for your future in the UAE.

Explore the possibilities and secure your path to long-term residency with Redlac Real Estate—your trusted partner in the UAE property market.