With its stunning skyline, luxurious lifestyle, and endless opportunities, Dubai has been a magnet for expats, business tourists, and investors worldwide. Many tourists who visit Dubai for business often find themselves enamored with the city and wonder if there's a way to make it their permanent home. Well, good news! Dubai offers a pathway to long-term residency through its Golden Visa program, and one of the key routes to this coveted visa is real estate investment. In this guide, we'll walk you through the steps to secure a Dubai Golden Visa with real estate investments.

What is the Golden Visa of Dubai?

The Dubai Golden Visa is a long-term residence visa that allows expatriates and investors to live, work, and enjoy all the privileges of a resident in the United Arab Emirates—initially introduced in 2019, the Golden Visa program aimed to attract investors, entrepreneurs, scientists, qualified professionals, and exceptional talents to contribute to Dubai's growth and development. The program has evolved, and now it offers a more accessible and flexible pathway to obtain this prestigious visa, including through real estate investments.

Golden Visa Requirements

To qualify for a Dubai Golden Visa, you must meet specific requirements based on your investment type. The critical investment categories include:

Investor/Partner

• A copy of the passport.
• The trade license with the partners' appendix.
• The financial report of the establishment or many establishments for the last year.
• A certificate from the free zone that includes all the investor's financial data.
• A bank statement of the establishment for the last six months.
• The registration document from the Federal Tax Authority and the company's transactions must be at least 100,000 dirhams annually.
• Ownership of the property (if any).

Deposit Investor

• A copy of the passport.
• Proof of ownership of a financial deposit of not less than two million dirhams in a UAE bank.
• Proof of residence in the Emirate of Dubai.

Real Estate Investor

• A copy of the passport.
• Ownership of one or more properties with a total value of not less than two million dirhams.
• Tax Collection Investor
• A copy of the passport.
• A letter from the Federal Tax Authority stating that you are a partner in one or several establishments and pay tax to the government, with an annual contribution of not less than 250,000 dirhams.
• The trade license with the partners' appendix.

Investor in an Investment Fund

An investor in an investment fund can obtain a Golden Visa for 10 years without a sponsor if they meet one of the following conditions:

• Submission of a letter from an investment fund accredited in the UAE stating a deposit of AED 2 million.
• Submission of a valid commercial or industrial license with a Memorandum of Association provided that the investor's capital is not less than AED 2 million.
• Submission of a letter from the Federal Tax Authority stating that the investor is the owner of a company that pays the government no less than AED 250,000 annually.

Senior Employees of an Investor in Public Investments

The executive director or advisor appointed by an investor in public investments can obtain a Golden Visa for ten years without a sponsor, subject to specific conditions.

Golden Visa Benefits

Obtaining a Golden Visa in Dubai has many benefits that can enhance your lifestyle and financial situation. Here are some of the key advantages:

1. Moving to the UAE: Investors and their families can move to the UAE, one of the world's wealthiest and most developed countries, and visit the country whenever they wish. Residing in the UAE is not obligatory, and you can maintain your status by visiting once or twice a year.
2. Tax Optimization: The UAE offers significant tax advantages. Income, capital gains, inheritance, gifts, and properties are exempt from taxation. While there is no tax on corporate profit, a minimal corporate tax of 9% is applicable if a company generates a profit of AED 375,000 or more.
3. Opening a Bank Account: With a UAE residence permit, you can easily open bank accounts in the country suitable for savings and international transfers.
4. Visas for the Whole Family: Main applicants can sponsor their spouses and children for long-term visas, while parents can be granted a 1-year visa.
5. Esaad Privilege Card: This card offers exclusive offers, bonuses, and discounts of up to 70% in shops, clinics, service companies, and other establishments in the UAE and abroad.
6. Opportunity to Get UAE Citizenship: After living in the UAE for 30 years, foreigners can apply for UAE citizenship through naturalization, with exceptions for those who have provided exceptional services.

Golden Visa and Real Estate Investments in Dubai

Now, let's delve into the specific requirements for obtaining a Dubai Golden Visa through real estate investments. 

Conditions for Real Estate Investors:

• A copy of the passport.
• Ownership of one or more properties with a total value not less than AED 2 million.
• The property must not be subject to a loan.

Family Members of Real Estate Investors:

Family members, including the husband or wife and unmarried daughters and sons, can also be granted a 5-year Golden Visa.

Please visit the Dubai government website for updated information and to submit your application.

The recent changes to the Golden Visa program in Dubai have made it more accessible and flexible for real estate investors. Whether you're looking for a second home, a haven, or a place to grow your investments, Dubai offers a golden opportunity to secure your future in this vibrant city.

Dubai's Golden Visa program is a golden ticket to an extraordinary lifestyle in one of the world's most dynamic cities. 

Stat Global Can Help You Get a Dubai Golden Visa

At Stat Global, we work with clients to figure out what their end goals are when they make real estate investments in Dubai, and then we help them accordingly. If your plan is to make a stable real estate investment in Dubai, and use it to get a Golden Visa we can assist you in every step of the process. Please don't hesitate to contact us and our team will always be available to answer your questions.