How to Secure Dubai's Golden Visa Easily

Dubai Golden Visa: How to Obtain Long-Term Residency through Real Estate Investment?

In recent years, Dubai has become a globally popular destination for those seeking business opportunities or wishing to live there long-term. One of the most sought-after options is the so-called Golden Visa, a ten-year long-term residency permit that does not require the applicant to have employer or sponsorship guarantees in the UAE.

What is the Golden Visa?

The Golden Visa is a special residency permit provided by the UAE government to foreigners who invest in the country's economy, such as through real estate purchases. This permit allows the individuals and their family members to live in the UAE independently, without job or business sponsorship, and the visa is valid for ten years and can be renewed.

How can the Golden Visa be obtained through real estate investment?

According to UAE regulations set by Cabinet Resolution No. 65 of 2022, the following conditions must be met:

The investor must own one or more properties with a total value of at least 2 million dirhams.

The property can be fully completed or an "off-plan" project, meaning it is still under construction, as long as it is purchased from a local, authorized developer.

The property purchase can be financed by a loan, but only through banks designated by local authorities.

The investor must have comprehensive health insurance for themselves and their family members for the entire duration of the residency permit.

What is the step-by-step process?

1. Purchasing a suitable property: First, select a property that meets the threshold of over 2 million dirhams.

2. Registration of ownership: After purchasing, the Dubai Land Department (DLD) issues the title deed.

3. Submission of Golden Visa application: The application can be submitted via the DLD, the General Directorate of Residency and Foreigners Affairs (GDRFA), or designated smart platforms (e.g., Dubai REST).

4. Additional administration: Medical fitness test, Emirates ID registration.

5. Issuance of visa: If all conditions are met, a 10-year residency permit is issued.

Is the Golden Visa granted immediately after the investment?

It is important to know that while real estate investment is a key criterion for eligibility, the issuance of the visa is not automatic and depends on the authorities' approval. Therefore, it is advisable to seek prior information and possibly expert assistance to ensure all necessary documents and conditions are in order. The process can begin after the completion of the property sale and registration of ownership, and may be finalized within weeks if all conditions are met.

Why is the Golden Visa worth it?

The Golden Visa provides not only status but also stability: long-term residency opportunity, investment freedom, family involvement, and the opportunity to live in a thriving, global city. Dubai's modern infrastructure, business environment, and tax-friendly system make it ideal for many entrepreneurs and investors.

Closing thoughts

If you are planning as a businessman to move to Dubai, real estate investment is a well-trodden path to obtaining the Golden Visa. However, it is advisable to thoroughly review the conditions and consult with the GDRFA or the Dubai Land Department to ensure every step complies with regulations. Your investment will unlock not just a residence but also a new, exciting life opportunity for you and your family.

(Source: Immigration and Customs Authority (ICA) statement.)