Golden visa for long stay

Dubai, the jewel of the Middle East, has become an attractive destination for investors and professionals from all over the world. Its modern infrastructure, multicultural environment and business opportunities have led to the implementation of initiatives such as the Golden Visa. This program offers not only the possibility of long-term residence, but also the promotion of investments in the real estate sector.

Let's find out how you can benefit from it!

1. What are Golden Visas?

Golden visas are a long-term residency program introduced by the government of the United Arab Emirates (UAE). Launched in 2019, these visas aim to attract investors, entrepreneurs and qualified professionals from all over the world. They provide applicants with the opportunity to live, work and study in Dubai without the need for a local sponsor. The visa is valid for five or ten years and is renewable.

2. Requirements for obtaining a Golden Visa

In order to qualify for a Golden Visa, applicants must meet certain criteria. In the case of real estate investments, the following conditions must be met:

• Minimum investment: Investors must purchase properties with a minimum value of AED 2 million (approximately $545,000).

• Property without mortgage: The property must be fully owned, which means it must not be burdened by a mortgage or other financial obligations.

• Required documentation: Applicants must submit documents that prove ownership of the property, as well as personal and financial data.

3. Types of Golden Visas

There are several categories of Golden Visas, which include:

• Real estate investors: For those who invest in real estate.

• Entrepreneurs: Aimed at individuals with business in UAE.

• Students: For those who excel in the academic field.

• Specialised experts: Including doctors, researchers and technology experts.

4. Benefits of Golden Visas

Golden visas offer a number of advantages that make them attractive to investors. Among the most significant advantages are:

• Long term stay: The main advantage of Golden Visas is the possibility of obtaining a residence for 5 or 10 years, which is renewable. This allows holders to enjoy a longer life in Dubai.

• Freedom of movement: Holders of Golden Visas are free to travel to and from the UAE, which facilitates both business travel and tourism.

• Sponsorship of the family: Holders can also sponsor their family members, allowing their spouses and children to obtain residency, thus promoting a stable family environment in Dubai.

• Access to quality services: Residents have access to quality healthcare and international education, which improves their overall quality of life.

• Business Opportunities: Dubai has become the commercial center of the Middle East. Holding a Golden Visa allows investors to explore a variety of business and investment opportunities in a dynamic environment.

5. Attractiveness of the Dubai real estate market

The Dubai real estate market has always been attractive to investors, and Golden Visas have further increased this interest. Among the factors that make it irresistible are:

• Sustainable growth: The UAE economy shows consistent growth, supported by sectors such as tourism and trade. This provides a safe environment for long-term investments.

• State-of-the-art infrastructure: Dubai is known for its advanced infrastructure, which includes an efficient transportation system and impressive shopping centers. This not only increases the quality of life, but also makes real estate more valuable, which makes investments more attractive.

• Cultural diversity: Dubai's cultural diversity is a big draw. The coexistence of expatriates of different nationalities creates a cosmopolitan and welcoming environment.

• Favorable tax policy: The absence of personal income tax in the UAE is a significant attraction for investors, allowing them to maximize their profits and reinvest in the market.

6. The process of obtaining a Golden Visa

The process of obtaining a Golden Visa is simple and can be summarized in the following steps:

• Property selection: Investors must select a property that meets the minimum investment requirement. It is advisable to work with local real estate agents.

• Collection of documents: It is imperative to collect the necessary documentation, which includes:

• Valid passport.

• Certificate of ownership of the property.

• Proof of the investment made.

• Submission of the application: Once all the necessary documentation has been obtained, the application is submitted to the competent authorities, either online or in person.

• Approval and issuance of a visa: After a detailed examination, the authorities will issue Golden Visas, which will allow its holder to enjoy all the benefits associated with it.

Golden visas are an exceptional opportunity for investors looking for an opportunity to settle in one of the most dynamic cities in the world. With benefits that go beyond the stay itself, this program has attracted a number of investors looking for a new home and fulfilling lifestyle.

As Dubai continues to develop as a global business and cultural center, Golden Visas not only encourage investment, but also open doors to new experiences and opportunities. If you are considering diversifying your investments or simply yearn for life in a dynamic and friendly environment, Golden Visas can be the key to the future you desire.