How To Get UAE Residency By Investment
It is no mystery why the United Arab Emirates attracts so many people to its cities. The UAE continues to flourish as a nation of the future, and the policies that the government has put into place has created one of the fastest-growing economies in the world. That is why so many investors and business entrepreneurs continue to flock to the UAE, but it is also important to note that it is a wonderful place for families to relocate to. There are so many different recreational, leisure and learning opportunities. If you are looking to relocate to the UAE, you may be thinking about gaining residency by investment. Here is what you need to know.
What Is The Investor Visa?
Simply put, a UAE investor visa allows the applicant residency on the condition of investment in the UAE. That means that they need to either have invested in a pre-existing business in the UAE or that they need to be setting up their own business. Abu Dhabi and Dubai have their own specific Golden Investor Visas that are very similar but have some key differences.
How Long Does An Investor Visa Last For?
The duration of the investor visa depends on the size of the investment. There are 5-year Golden Investor Visas and 10-year Golden Investor Visas. The 5-year option requires you to be investing no less than AED 5 million, and the 10 Year Golden Investor Visa requires you to be investing no less than AED 10 million.
Where Can I Find Property To Invest In?
It is no secret that the UAE housing market is booming right now, and there are a lot of wonderful choices out there for anyone looking to gain UAE residency by investment. If you want to find the right property for your needs, then you need to find a developer that has a range of different options and the experience necessary to find you somewhere suitable. For example, Saadiyat Island is a highly sought-after location as it combines beautiful natural surroundings with an enviable cosmopolitan lifestyle. If you are looking for a property on Saadiyat Island, look at the options provided by Aldar. They have a beautiful range of properties and experiences throughout the UAE.
Can I Bring My Family With Me?
One of the many perks of the Investor Visa is that it also covers your spouse and children. What’s more, if you apply for the 10-year visa, it can also include one advisor and one executive director.
Who Else Can Apply For The Golden Visa?
Entrepreneurs and property investors are among the most common applicants for the Golden Visa, but the UAE also offers it to people with demonstrably exceptional talents. Artists, researchers, scientists, and doctors can be considered for it. The UAE is committed to continuing growth in the future, and this visa demonstrates that they are dedicated to providing the proper support to individuals who will continue to drive the nation into the years ahead.