The UAE government has announced new rules for long-term residence visas, a major change that experts say will boost investment in the country. The new system will allow ex-pats to live, work and study in the UAE without a sponsor. Investors can obtain a UAE golden visa by purchasing a property for AED 2 million (USD 545K) or more. Sometimes, developers offer payment plans that enable investors to qualify for a Dubai golden visa requirements with an investment as low as 10% without a mortgage and 25% with one.
However, in this blog, we are going to discuss, that How to apply golden visa UAE, Silver, or Green visa via real estate investment. Let us look:
Minimum Investment Required
If you are an investor or entrepreneur, then the minimum investment required for Green, silver, and golden visa Dubai requirements for Real estate depends on your qualifications and type of business. The investment can range from Dh 72,000 to 2 million or 544,500 USD (at the time of writing this article).
- This 10-year visa is available to those who invest in a property worth AED 2 million and have AED 1 million in accumulated funds. Or on the other hand, have a month-to-month dynamic compensation of basically AED 20,000.
- The Green Visa UAE is valid for 5 years, which is a considerable difference from other resident visas. Which are typically good for 2-3 years. Individuals invest a minimum of AED 1 Million for getting the Green Visa Dubai.
- The most popular visa, the silver visa Dubai, can be acquired by investing in real estate or a business. You must invest at least 1 million dirhams (Dhs), which will provide you with five years of residency.
These visas allow you to live and work in the country, as well as visit it anytime you want.
This visa is valid for 10 years and can be extended by investing more money in the UAE. However, you must not loan the money or sell it within three years.
The emirates have recently relaxed the rules for the Dubai golden visa requirements. Which will lower the minimum amount to AED 2 million and extend the duration of the visa to 10 years. This could encourage affluent Indians to invest in Dubai property. Especially in the more desirable two-bedroom apartments.
Investing In Real Estate
Dubai is a popular choice for real estate investors and residents because of the many benefits it offers. These include good valuation, demand, and a transparent business process.
Another key advantage is the high rental yields that it offers. In fact, some of the best-performing areas in Dubai are generating a gross rental yield of 5-9% on average.
Investing in real estate is an excellent way to increase your savings and earn extra income. You can likewise utilize it to differentiate your speculation portfolio.
Requirements for Applying for a Visa
There are several Dubai golden visa requirements that a person must meet to apply for a silver visa Dubai. The most important requirement is that the applicant must invest at least Dh1 million or more in the property.
In the event that the applicant dies before the permit expires, family members will be able to stay in the UAE until the end of the permit duration.
The Golden, silver, and Green visa UAE visas are designed to encourage foreign talent and investment in the country. They offer a 5-year or 10-year residence permit to people who qualify for the category, along with their spouse and children.
The visa is granted to a wide range of individuals, including entrepreneurs, investors, scientists, and outstanding students. It also applies to humanitarian pioneers and frontline heroes.
- Golden and Green visa Dubai requirements for real estate aim to attract foreign investors. The visas are valid for 10 years and renewable so long as the applicant meets the terms and conditions of their approval.
- Applicants need to invest in real estate worth at least AED 1 million. Or more and preserve it for a period of 10 years. The visa holder and their family can stay in the UAE for ten years.
- If the entrepreneur’s business venture fails during this period. The permit may cancel and the family will have to leave the country.
- Researchers and scientists who meet the Emirates Scientists Council’s criteria are also eligible for a 10-year visa. They must hold a Ph.D. or master’s degree in engineering, technology, life sciences, and natural science from the best universities in the world. As well as significant research achievements.