As a foreign investor, you are required to fulfill all or one of the following requirements in order to obtain a Dubai Golden Visa-
- You should have an investment of up to AED 2 million in a firm in the UAE.
- Any UAE businesses that are listed and wholly controlled by the UAE government are eligible for the tax exemption.
- A capital investment of AED 2 million in your company
- Have a partner owning the company shares worth up to AED 2 million
It is mandatory to fulfill the below mentioned requirements-
- You should entirely own the Investment funds and be able to provide the proof of the same in the form of documentation.
- You should be in possession of the investment for at least three years.
- Provide proof of insurance for you and your dependents.
Real estate investors owning a group of properties can get a Golden Visa for up to 5 years which is renewable. The following are the conditions
- Letter from the land department of the concerned area that you are in ownership of one or more properties worth no less than AED 2 million
- Property purchased after acquiring a loan from a local bank which should be approved by a competent local authority.
As an entrepreneur you can get a golden visa for 5 years after fulfilling the following criteria
- If you are in ownership of a future based project or a technical project which involves risk and innovation.
- Approval letter from an auditor claiming that the project value is at least AED 500,000; Statement from authorities stating that the project involves risk and is innovative; and an accredited business incubator to establish the project. All of these letters are mandatory from the concerned authorities in the UAE.
