Dubai Golden Visa: Unlocking Long-Term Residency and Benefits of the UAE Residency Visa
UAE is a global hub for businesspersons due to its policies, openness for people from every culture, tax policies, and ease of doing business. Dubai Golden Visa is a gateway to UAE where investors get residency rights for 10 years along with family members. As per Henley & Partners, 6700 millionaires shifted to the UAE during 2024. The main attraction for investors in UAE is no income tax and lowest corporate taxes. Data shows that HNWIs love to invest in UAE real estate to get Dubai residency for 10 years.
Why Dubai Golden Visa is Popular among Investors?
Dubai is the hub for investors from across the world due to its perks. Dubai Golden Visa by investment is a privilege investment option with no need of a local sponsor and you can stay outside of country for over 6 months. Dubai is a centralized hub, have modern infrastructure for all type of businesses, making the Emirates a best place to do any type of business.
Dubai Golden Visa gives freedom to investors without worrying about need for sponsorship, while investors earn profit and capital gains. Further, you can live in any of the seven Emirates in the UAE. Investors, entrepreneurs, people with special talents qualify for long term UAE residency visa.
Dubai Golden Visa by Real Estate Investment
Invest 2 million AED in one or more properties to get a 10-year Dubai Golden Visa. 2 million AED limit is for investors between 18-55 years of age, while investors above 55 need 1 million AED in real estate investment with a 5-year validity. UAE immigration authorities will do the due diligence checks before submission of the UAE residency permit. As per the Ministry of Economy website for UAE, it takes only 4 days for company setup though the department of Economic Development and only 15 minutes via the Basher online platform.
Dubai Residency Visa Benefits for Golden Visa Investors
Golden visa investors get long term Dubai residency visa along with other benefits. Here are top benefits to get a Dubai Golden Visa:
UAE Residency
Dubai Golden Visa investors get a renewable 10-year UAE residency visa. The thing that makes the UAE RBI program special is no need for a guarantor or a local sponsor. Good thing is that you can reside in any of the 7 Emirates instead of just in Dubai.
No Mandatory Residency Requirements
Dubai RBI visa didn’t require a mandatory residency to remain eligible. It’s upto you to visit anytime from anywhere as per your convenience.
Tax Benefits
Dubai is the world’s leading financial center that drives attention of investors due to lowest taxes in world. Golden Visa investors are exempt from paying taxes on personal income and capital gains. There is no tax on inheritance, gifts and on properties. There is 0% tax on income of companies upto 375,000 AED and a flat 9% tax on income exceeding that limit. Companies operating from qualifying free zones meeting the criteria are also exempt from corporate tax.
UAE Bank Account
Golden visa investors can open a bank account in UAE in any currency including AED, Euro, USD or others. UAE bank account will ensure you can transfer funds for business or personal use.
UAE Driver License
It is mandatory to have a driver license to drive a vehicle in the UAE. You need to pass the theoretical and practical driver license of relevant category. UAE residents get a 5-year validity for license, while your home country driving license may be converted into UAE license by meeting the other criteria.
UAE Residency for Entire Family
Dubai Golden Visa grants UAE residency permits for entire family. Main applicant can include spouses, and children to get the UAE residency. Parents of main applicant can get 1 year UAE residency visa. Dubai Golden Visa grants residency to unmarried sons under 25 years of age and unmarried daughters of any age.
UAE Citizenship
Dubai Golden Visa is a pathway to UAE citizenship through naturalization by meeting the 30-year residency requirements. Though the Dubai Golden Visa grants a 10-year residency, you can renew it multiple times to meet the residency requirements for UAE citizenship.
UAE passport is 8th strongest passport that grants visa free travel to 184 countries. UAE passport visa free countries include 19 Schengen states, UK, Canada, Japan, Malaysia and others important countries.
Dubai Golden Visa Cost
Apart from Golden Visa investment of 2 million AED, investor need to pay other associated fees. This includes:
| Purchase of Real Estate | AED 2 million |
| Dubai Golden Visa Registration Fee | $21800 USD |
| State Fee for Visa and UAE ID Cards | $1043 per person |
| Medical Checkup Fee | $220 USD per person |
| Health Insurance Fee | $400 USD per person |
| Document Translation, Notarization, Consular Legalization | $1000 per person |
Conclusion
Dubai Golden Visa is an ultimate choice for investors seeking global opportunities for personal and business growth. You get 10-year renewable residency along with dependent family members, while real estate investment in UAE earns rental income and capital gains. With 0% income tax and lowest corporate tax in world, UAE is the ultimate choice for global investors.
