Thursday 24 August 2023

Exploring the Property Owner Visa in Dubai: Your Gateway to Residency

Dubai's allure as a global hub extends beyond its stunning skyline and luxurious lifestyle. For property buyers, Dubai offers an enticing incentive - the property owner visa. This unique opportunity not only transforms your status as an investor but also opens doors to long-term residency. Let's delve into the intricacies of the property owner visa in Dubai, brought to you by 3G Real Estate.


Who Can Buy Property in Dubai?

One of the factors that make Dubai's real estate landscape captivating is its openness to foreign investors. Non-residents and residents alike can invest in properties for sale in Dubai, granting them access to various types of visas tailored to their investment value.

What Type of Property Will Be Considered and for What Value?

Properties that are considered for the property owner visa include ready properties, off-plan properties in Dubai, and even land, given they meet the minimum investment criteria.

Types of Special Property Visas Available in Dubai

  • Six Month Multiple Entry Dubai Property Visa: This visa offers the flexibility of multiple entries into Dubai for a span of six months. It's ideal for property investors who wish to explore their investments and make informed decisions.
  • Three Year Dubai Property Visa: Designed for investors in properties with a minimum value of AED 1 million, this visa offers a longer residency option.
  • Five Year Dubai Property Visa: If your property investment exceeds AED 5 million, this visa provides extended residency benefits, offering a sense of stability and continuity.
  • Ten Year Residency Visa (Golden Visa): Known as the UAE Golden Visas, this prestigious visa is granted to investors with properties valued at AED 10 million or more.

What Are the Requirements for a 10-year Investor Visa in the UAE?

Apart from the investment threshold, the property must be retained for at least three years and financed by means other than a loan. Additionally, investors should have comprehensive health insurance and not have any security or criminal-related issues.

UAE Retirement Visa:

Dubai also introduces a Retirement Visa for those aged 55 and above who own a property in Dubai and fulfil the financial criteria.

The Advantages of Having a UAE Residency Visa

Besides the obvious benefit of legal residency, a UAE residency visa offers access to the UAE's robust healthcare system, world-class education, and the ability to open bank accounts and operate businesses.

Basic Required Documents for Investor Visa Application

Documentation typically includes a copy of the property's title deed, passport copies, passport-sized photos, proof of income, health insurance, and an application form.

Cost of UAE Long-term Visas

Visa costs vary depending on the type of visa, with the UAE Golden Visa having a higher fee due to its extended validity.

FAQs

  • How to Get an Investor Visa in Dubai? To obtain an investor visa, one must fulfil the minimum property investment requirement and adhere to the specified criteria.
  • What Is a Dubai Business Gold Visa? The Dubai Business Gold Visa is an extension of the Golden Visa, tailored for business owners and entrepreneurs.
  • What Are the Conditions That Apply for a UAE Gold Business Visa? Business owners must fulfil specific criteria related to their business and investment to qualify for a UAE Gold Business Visa.
  • What Are the Conditions or Requisites to Apply for a 5-year Business Visa in Dubai? The 5-year Business Visa requires owning a company with a minimum investment and fulfilling specific business conditions.
  • What Are the Investor Visa Dubai Benefits? Investor visa benefits include legal residency, access to healthcare and education, business opportunities, and financial stability.

The property owner visa in Dubai seamlessly combines real estate investment with long-term residency aspirations. Whether you're eyeing JVC apartments for sale or other properties in Dubai, this opportunity not only transforms your investment but also your status in this vibrant city. With expert assistance from 3G Real Estate Agent in Dubai, embark on your journey to a new horizon of possibilities.

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