United Arab EmiratesResidency By Investment
- Physical stay 1 day every one and a half year
- Investment starts from AED 750,000 (approximately $ 204,000)
- Real Estate Investment
- High ROI (return on Investment) Potential
Overview
The United Arab Emirates (UAE) offers an investor visa program that allows foreign nationals to obtain residency by purchasing real estate in the country. Investment can be done either residential or commercial properties and meet certain investment threshold requirements.
The UAE is a federation of seven states, boasting one of the most lucrative economies in the Middle East, supported by highly developed infrastructure, transportation, and communication systems. Renowned for its liberal outlook, the UAE stands out as one of the most inclusive countries in the Gulf region, where diverse cultures and beliefs harmoniously blend.
The real estate market in the UAE, particularly in Dubai (the second-largest emirate), exhibits stability, characterized by consistent property price growth. Consequently, investing in real estate can prove to be a lucrative endeavor, yielding returns through rental income and the enduring potential for recouping investments.
After fulfilling the investment requirements, the investor and their family members become eligible to apply for a residency permit in the UAE. This permit grants them the privileges of residing, working, and studying within the country.
Eligibility
Along with meeting the minimum investment requirement applicants for the UAE ‘Golden Visa’ must be at least eighteen (18) years old, with no criminal record and without any contagious diseases.
Family Inclusion
The investor visa not only covers the main applicant but also extends to their spouse and dependent children: unmarried sons up to 25 years old, and unmarried daughters of any age
Visa Validity
Typically, the visa is valid for a specific duration, commonly ranging from two to ten years, contingent on the emirate and the particular investment. The visa can be renewed as long as the investment is upheld.
Positioned strategically, the UAE serves as a gateway bridging continents, strengthened by effective governance and a thriving economy. Since 2019, the UAE ‘Golden Visa’ program has been established in accordance with the law and enjoys government guarantees. The country boasts prime real estates, ranging from high-quality apartments to villas and houses crafted by reputable developers. Flexible installment options are also on offer. Real Estate investors in Dubai, UAE can count on high ROI (return on investment), as acquired property can generate a substantial rental income.
Benefits
High-developed Financial Services
Secure Environment
Healthcare & Education
Simple Procedure
Easy Global Reach & Mobility
Tax Advantages
Investment Options
A Real Estate Investment
| Two-year validity UAE Residence Permit | AED 750,000 (US$ 204,000) |
| Ten-year validity UAE Golden Visa | AED 2 million (US$ 544,000) |
It’s important to note that the property must be acquired within Freehold Zones, specialized areas designated for property ownership. This means that full ownership of the property is guaranteed, including land.
The realty can be completed, off-plan, mortgaged, or unmortgaged.
Applicable Fees
All remaining fees are unchanged. Therefore, the following fees continue to apply under both arms of the Programme:
| Due diligence fee for main applicant | USD 7,500 |
| Due diligence fee for any dependent above 16 | USD 4,000 |
| Application forms per applicant | USD 250 |
| Passport fees | USD 300 |
Application Process
Bayat Legal Services’ compliance team will conduct an internal due diligence check, which entails a background security screening of the applicant, Preparation of KYC (Know Your Client) and a qualification assessment. The confidentiality of the verification process is maintained. Certified Anti-Money Laundering Officers, well-versed in the nuances of Due Diligence procedures in the UAE, review the investor's documents.
Bayat Legal Services will meticulously analyze the client's application. Once this is done, the client will proceed to sign a retainer agreement with the firm. Subsequently, Bayat Group will curate a customized list of necessary documents – recognizing that each client's situation is unique – to facilitate the application preparation process.
Investor receives the UAE visitor visa valid for six (6) months, enabling to come at the place for property selection, passing medical check-up and giving biometrics.
The application for the UAE Golden Visa, along with all the necessary documentation, will be submitted to the pertinent UAE authorities.
Authorities conduct a comprehensive due diligence check, which verifies the legality of invested funds, confirms the absence of criminal records, and ensures compliance with legal regulations. Additionally, applicants must not be included in any sanction lists. Typically, the due diligence process takes up to one week as the standard duration, but it could extend to around a month if additional data or documents are required.
While the processing time for the application can vary, once approved, applicants will receive a residency permit allowing them legally reside and hold property in the UAE.