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from 2 500 AED

Obtainment of the UAE 2-Year Investor Visa

General Information

Major advantages of a residence visa:

  • enables to live in the country;
  • enables to become a tax resident (subject to additional conditions);
  • enables to open a bank account;
  • enables to rent property under an official contract;
  • enables to connect mobile services;
  • enables to obtain a driving licence.

 

The UAE real estate owners are eligible for 2 kinds of residence visas:

  1. 2-year visa for owners of real estate worth over AED 750 000 (~ USD 204 200).
  2. 10-year visa (“golden” visa) for owners of real estate worth over AED 2 000 000 (~ USD 545 000).
Requirements to Obtain a Visa
Amount of investment in real estate – from AED 750 000.
Requirements for the real estate:
  • must be a ready-to-move-in property;
  • must be fully owned by the investor;
  • can be both residential and commercial.
Visa Specifics
  • Investors over 60 years of age need additional permission to obtain a residence visa.
  • After getting his residence visa, the investor can apply for residence visas for his family members.
  • Validity period of a residence visa is 2 years. Upon expiry, a residence visa can be renewed for another 2-year period without limitation on the number of renewals, provided the investor continues to own the qualifying property.
  • It is necessary to retain the investment during the entire validity period of the visa. In the case of sale of the real estate, a residence visa is subject to cancellation.
  • This category of visa gives no right of work in the UAE. Investor’s family members can work, provided the employer sponsors their work visa (thus, the status of a residence visa will change).
IMPORTANT: To maintain a residence visa, one needs to enter the country at least once every 180 days. This requirement applies to all visa holders, both the investor and the family members holding visas.
Visa Obtainment Procedure

Approval from several authorities is required:
  • obtain a certificate of no criminal record from the Dubai Police Department;
  • submit the documents to the Land Department and await their decision on the application;
  • after receiving a positive decision on the application, submit documents to the migration authority for a residence visa and ID card, undergo a medical examination and get the biometrics collected.

After getting his residence visa, the investor can apply for residence visas for his family members

  • spouse,
  • minor children,
  • unmarried adult daughters,
  • adult sons under 25 years of age,
  • dependent parents (a visa for parents is issued for 1 year).

Documents to Be Submitted

The basic package of documents:

  • title deed (an electronic copy);
  • passport, current visa;
  • photos (“passport” size, against a white background);
  • certificate of no criminal record issued in the UAE.

To apply for visas for family members, one will need:

  • passports,
  • a current visa,
  • photos,
  • health insurance,
  • legalized documents confirming the relationship (marriage certificate, birth certificate),
  • Non-Objection Certificate.
Visa Obtainment Period
4 weeks
from 2 500 AED

The cost of obtaining an investor residence visa includes:

  • Preparing, executing and agreeing the necessary documentation with the migration authority.
  • Accompanying the client to a medical clinic for medical examination.
  • Accompanying the client to the Federal Migration Service for fingerprinting and biometrics.
  • Submitting to the migration authority documents for issuing and stamping a visa.
  • Filing an application for and obtaining a residence card.
  • Selecting an insurance company for medical insurance (if required).
  • Transport expenses.

*Government fees (Entry Permit, Medical Fitness Report & Emirates ID, Visa Stamping on the Passport) are not included in this price.

The cost of obtaining a residence visa for the investor’s family member (per family member) includes:

  • Preparing, executing and agreeing the necessary documentation with the authorities.
  • Accompanying the applicant to a medical clinic for medical examination.
  • Accompanying the applicant to the Federal Migration Service for biometrics.
  • Submitting to the migration authority documents for issuing a visa.
  • Filing an application for and obtaining a residence card.
  • Selecting an insurance company for getting health insurance.