A Real Estate Golden Visa is a long-term, renewable residence visa that allows a real-estate investor to stay in the UAE for up to 10 years without the need for a UAE national sponsor.
2.What are the criteria for obtaining a Real Estate Golden Visa?
To qualify for the visa, investors must own a property or properties in the UAE worth no less than AED 2 million. (MORTGAGE?)
If the property is under mortgage, its value has to be greater than AED 2 million in order for the Investor to qualify for the Golden Visa in Abu Dhabi. For instance, for property worth AED 5 million, the outstanding mortgage principal cannot exceed AED 3 million.- Mortgage is allowed on any amount that is over AED 2 million if the property value exceeds it.
3.What are the key benefits of the Golden Visa?
Golden Visa holders benefit from long-term residency in the UAE, giving them greater stability and peace of mind, as well as a true sense of place. It also enables them to invest their time and energy into building a long-lasting and rewarding career in the country.
4.Can the Golden Visa be extended to applicants’ family members?
Yes. Golden Visa holders are able to sponsor their spouse and children, parents and dependents.
5.What proof is required to sponsor family members or any other dependents?
If a Golden Visa holder would like to sponsor their spouse, they should submit an attested and translated marriage certificate. To sponsor a child, a birth certificate is required.
6.Are there any age restrictions?
There are no age restrictions. Any applicant can apply for the Real Estate Golden Visa, as long as they meet the necessary eligibility criteria.