In 2019, the UAE started to grant gold visas and residence permits for investors, entrepreneurs, scientists, professionals and exceptional talents. Getting a golden visa by investment formerly required AED 5 million to 10 million.
In 2022, the government approved new conditions for getting a Golden Visa in the United Arab Emirates by investment, with a reduced investment amount, no restrictions on the duration of stay in other countries and an opportunity to buy off-plan properties and take a mortgage. The new rules came into force in October.
You may purchase real estate in the UAE for AED 2 million ($545,000) to get a 10-year Golden Visa. Another option is purchasing real estate for AED 750,000 ($204,000) to get a 2-year residence visa.
- Moving to the UAE or creating a “safe haven”
- Tax optimisation
- Opening a bank account in the UAE
- Getting a driver’s license
- Access to UAE healthcare and educational systems
- An opportunity to get UAE citizenship
- 10-year visa – AED 2,000,000+
- 2-year visa – AED 750,000+
The process takes 2+ months.
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