your guide to dubai's golden visa
Looking to invest in Dubai and secure extended residency? Look no further than the Golden Visa scheme, which has been turning heads with its promise of up to 10 years of residency in the UAE. But what exactly does it entail, and how can you get started?
To begin with, there are four categories under which you can apply for the Golden Visa:
- Investor/Partner
- Deposit Investor
- Real Estate Investor
- Tax Collection Investor.
Each category comes with its own requirements, but the common documents needed include
- Passport Copy
- Proof of ownership of financial deposit or property
- Proof of residence in Dubai.
Once you have your documents in order, you can apply through digital channels, visit a Customer Happiness Centre, or head to an Amer Service Centre. The application process typically takes a minimum of 48 hours for completion.
Fees associated with the Golden Visa include:
- Residence permit fees
- Knowledge fees
- Innovation fees
Fees amounting to around AED 1100, with an annual increase of AED 100 for residencies over two years.
Depending on your investor category, you’ll need to meet specific terms and conditions.
- Investment fund investors: must confirm a deposit of AED 2 million.
- Real Estate Investors: must show property ownership valued at a minimum of AED 2 million.
Family members, including spouses and unmarried children, are eligible for the same 10-year Golden Visa. In essence, the Golden Visa scheme in Dubai presents a golden opportunity for investors to secure extended residency and enjoy the vibrant lifestyle the city has to offer.
