The continuously strong ROI and worldwide attractiveness of the UAE real estate market has drawn investors from all over the globe. Expat investors may receive high rental returns as a consequence of substantial capital appreciation of the real estate market in the UAE. There are two long-term visas that real estate investors are qualified for. Here is all you need to know about the UAE investor visa: TYPES OF UAE INVESTOR VISA Investor visa application Make your visa application procedure hassle-free! Realising the potential of international investors in the real estate business, the UAE government created a new system in 2019 for real estate investor visas. Now there are UAE Golden Visas in existence that enable foreigners to work, reside and study without the necessity of a national sponsor. Read on to find out everything about the investor visa UAE criteria. A 10-YEAR INVESTOR VISA It is required for a foreign investor to have at least AED 10M public investment in the UAE to be eligible for the 10 year long term visa. This investment may be made in any of the seven emirates in the UAE without a sponsor. Take a look below at the list of investment kinds are allowed to get a long-term real estate investor visa under the General Investor category. Establishing a new firm in any of the Emirates that has a capital investment of equivalent to AED 10M. Establishing partnership in an established firm with a share value not less than AED 10M. Deposits having investment value of at least AED 10M in any Emirate of the UAE. For the real estate Dubai Property Visa, it involves investing AED 10M investment in one of the types described above. CONDITIONS FOR A 10-YEAR INVESTOR VISA You must guarantee that within the overall investment of AED 10M, 60 percent of that amount or AED 6M of the total investment is made in sectors other than the real estate market. The investors will have to confirm that the cash invested is not lent. There is also a stipulation that you must have held the investment for at least three years. There should also be financial solvency of the investment for the sum of AED 10M. Investors with a 10-year visa might include an executive director and an advisor aside from their children and spouse. This visa may also be extended to business partners provided each contributes an investment value of AED 10M. Foreign investors may apply for a multiple-entry permit for a six-month term. The long-term residency is also relevant to those with particular abilities in the sphere of art, culture or science. One of the numerous prerequisites for them is that they should be accredited by the ministry in their respective disciplines. A 5-YEAR INVESTOR VISA UAE Visa Approved There is also a 5-year timeframe to apply for the investor resident visa UAE Real estate investors as well as entrepreneurs may apply for a 5-year residency visa in the UAE. However, the qualifying conditions for both categories differ: CONDITIONS FOR A 5-YEAR PROPERTY INVESTOR VISA UAE It is required for the investor to make an investment in a property that is not less than AED 5M. The investors will have to establish that the sum is not lent. Another criteria is that the property must be held for at least three years. CONDITIONS FOR A 5-YEAR BUSINESS VISA Entrepreneurs who have an established project with the capital value of AED 500,000 to apply for this visa. You may benefit of a multi-entry visa for six months. After the period finishes, you may extend your visa for another six months. The entrepreneurs may include a partner and three executives away from their spouse and children with this visa. DUBAI INVESTOR VISA RULES UAE Dirhams and Passport The UAE investor visa requirements for Dubai compel the investors to participate in the local markets Now you know about the essential qualifications and circumstances to get a real estate investor visa. There are certain tiny aspects to this information that are related to real estate visa for Dubai: The investment value of AED 10M represents the purchase value of your property and not the current market value. For instance, property will not qualify for a visa if you acquired it for AED 9M a few years ago and it is today worth AED 10M. Investment is also related to property type. It’s advisable to contact the Dubai Land Department to find out which property kinds are eligible for the long-term visas. The investment should be done in a property that is in a livable state. Any property that is under development, or there is a dispute or not ready will not be considered for issuing investor visa. In addition to this, the property should not be considered dangerous by the authorities for any reason to qualify for an investment visa. It is also required that the property should be in a freehold area and you are the legitimate owner. If the property is in a leasehold area then you are not the lawful owner. In such a circumstance, it necessary to mention for how many years you are leasing the property. The list of properties that are allowed for an investment visa include apartments, serviced apartments, townhouse, villas, office, hotel rooms, hotel apartments and warehouse.
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