UAE Visa for Real Estate Investors

The UAE is a fast growing real estate market with a lot of potential. Thousands of new properties are being built and sold every year in Abu Dhabi, Dubai and the rest of the Emirates. With the UAE visa for real estate investors it’s possible for anyone to invest in property in these countries without getting stuck with a visa problem by travelling to them from abroad.

The UAE Visa is a unique type of visa that allows a foreigner to live in the UAE and conduct business activities. In essence, it’s applicable to any foreigner who wants to invest or create a real estate project in the country. If you want to invest in real estate in the UAE, an “Invest in Real Estate” visa is your best choice. An investor will not only attract huge amounts of investments, but also enjoy a lot of benefits for his business and personal life.

The UAE is an exciting place to invest in, not only because of the wide range of business opportunities but also the thriving real estate market. Being one of the largest expat hubs in the world, it’s no surprise that real estate developers and investors should find their way to this region. If you are an experienced International employee, entrepreneur with a real estate portfolio and looking to invest in UAE, then you should know that UAE provide multiple visa options to investors.

The Dubai real estate is one of the most competitive market in the world, if you are looking for a way to invest millions of dollars or even hundreds of thousands then there is only one option left — UAE. A lot of people have lost their money on trying to invest in Dubai by investing in other countries but they could not manage their investments in long-term. They take risks which results into a disaster. But this article will tell you the truth about UAE Visa for Real Estate Investors so that you can be sure that you don’t make the mistakes these people did by making your own decision about what type of visa you need in order to become an investor at Dubai and surrounding countries.

UAE is an excellent choice to invest in real estate. Excellent business climate, no tax on capital gains and implemented tax exemptions on income earned while renting out your properties to the tenants. But to get the visa, you need to invest substantial amount of money that is more than what you will make from renting out the property. That is where Dubai Real Estate Investors come into play. The UAE government has set a cap of $3 million on the amount of funds that can be invested by individuals into real estate projects in Dubai and Abu Dhabi .

In 2019, the UAE launched Golden Visa to enable investors to apply for a long-term residency in the country. The implementation of this scheme, coupled with consistently high ROI and global appeal of the country’s property market, has proven to be a major draw in attracting real estate investors. Currently, there are two long-term visas for real estate investors. Want to apply for a UAE investor visa? We’ve compiled everything you need to know.

TYPES OF UAE INVESTOR VISA

With UAE Golden Visas in place, foreigners are eligible to work, live and study without the need of a national sponsor. Read on to find out all about the investor visa UAE requirements.

A 10-YEAR INVESTOR VISA UAE

It is mandatory for a foreign investor to have at least AED 10M public investment in the UAE to be eligible for the 10-year long term visa. This investment can be made in any of the seven emirates in the UAE without a sponsor.

Take a look below at the list of the investment types where one can attain a long-term real estate investor visa under the General Investor category.

• Upon establishing a new company in any of the emirates with a capital investment of equal to AED 10M.
• Upon establishing a partnership in an existing company with a share value of a minimum of AED 10M.
• Upon having deposits with an investment value of at least AED 10M in any emirate of the UAE.
• Upon ensuring that within the total investment of AED 10M, 60% of that amount or AED 6M of the total investment is made in sectors other than the real estate market.

CONDITIONS AND REQUISITES FOR A 10-YEAR INVESTOR VISA

• The investors will have to prove that the amount invested is not loaned.
• The investment must be retained for at least three years.
• There should also be financial solvency of the investment for the amount of AED 10M.
• Investors with a 10-year visa can include an executive director and an advisor apart from their children and spouse.
• This visa can also be extended to business partners if each contributes an investment amount of AED 10M.
• Foreign investors can apply for a multiple-entry permit for a six-month period.

The long-term residence is also applicable to persons with specialised talents in the field of art, culture or science. One of the many conditions for that is that they should be accredited by the ministry in their respective fields.

A 5-YEAR INVESTOR VISA UAE

Real estate investors can also apply for a 5-year residence visa in the UAE, given that they follow the conditions set for this type of visa.

CONDITIONS AND REQUISITES FOR A 5-YEAR PROPERTY INVESTOR VISA IN DUBAI

• It is mandatory for the investor to make an investment in a property that is not less than AED 5M.
• The investors must ensure that the amount is not loaned.
• Another condition is that the property must be retained for at least three years.

5-YEAR REAL ESTATE VISA IN ABU DHABI

Real estate investors can also apply for a five-year visa to Abu Dhabi. The conditions for that are, however, different from the rest of the emirates.

CONDITIONS AND REQUISITES FOR A 5-YEAR PROPERTY INVESTOR VISA IN ABU DHABI

• Investors must invest in a property worth no less than AED 2 million
• If they have mortgaged properties, they must have at least a minimum cash of AED 2 million to apply for this visa.
• They must retain investments for a minimum of two years after getting a visa.
• The real estate investor visa allows residency for spouses and children in Abu Dhabi.
• The visa holder also has the right to sponsor a domestic worker, given that they follow the relevant rules and regulations.
• Real estate investors must show their investment profile (single/aggregate) or proof of property worth at least AED 2 million.
• Investors must also give proof of mortgage status (Mortgaged or Released

Conclusion

The UAE visa is one of the most sought after visas for expats in the Middle East. The country is enjoying a thriving real estate market – and it’s also easy to get a UAE investment visa, as long as you qualify.