The UAE government introduced the Citizenship by investment scheme in its Golden Visa Programme in 2021. The purpose of this was to attract foreign investors and talented professionals to migrate to the UAE. UAE has been very active among the GCC countries and a lot has been done on part of the government to promote ways in which willing individuals can obtain a Dubai investment visa since most foreigners decide on Dubai as a place of settlement in the Middle East. The vision behind introducing the citizenship by investment scheme or the Gold Visa scheme was to boost the economy of the UAE.
We at Vazir have curated a set of researched programmes about citizenship by investment and residence program. Our team undergoes continuous updates and develops solutions that answer your queries regarding migration and citizenship.
A Golden Visa can be achieved by immigrants who can get a residence permit and citizenship on making a public investment or real estate investment. An investment by buying a house or by making a lump sum investment or even by making a donation is the way to begin. Dubai has been well sought after due to the availability of affordable luxury homes. The other favourable factors for choosing Dubai are its agreeable government measures, for instance, UAE’s long-term visas of five and ten years to professionals, investors, and specialists in scientific, research, technical and medical fields.
To know further on real estate investment you can visit us at Vazir Group. Where we have detailed guidelines to enlighten you about the process and help you navigate along it.
Foreign citizens who want to apply for UAE citizenship by investment fall under the categories of skilled professionals like scientists, medical staff and doctors, authors and artists, engineers and researchers. They can immigrate to Dubai with their families. Another option for immigrating would be to acquire an investment visa by starting a company in Dubai. The simplest way of securing a Gold visa is to invest in real estate as the investment size for real estate has been reduced to AED 2 million making it a reasonable deal for investors. The tax-friendly situation in Dubai makes way for easy business and is also another reason to invest as there’s no capital Gain tax in Dubai.
The recent amendments in the legislation allow certain categories of foreigners already living in the UAE to apply for the Dubai investment visa. The following types of people can do so:
These include spouses and minor dependent children in investment application passports. Citizenship by investment through companies in Dubai can be an option for foreigners who want to own properties and start a business. This is also great for people's interest in profit-making in the gala business hub of the Middle East.
Citizens interested in relocating to the UAE have choices between citizenship by residency or citizenship by investment. The catch is when it comes to applying for residency there's no bar but when it comes to acquiring citizenship the nominees undergo a process of election by the Executive Council, The Ruler of Crown Prince Courts in Dubai. Besides these, there’s also an investment requirement charted for the Dubai residence program. The requirements are as follows:
It's good to note that each investment option given above leads to a long-term UAE residency by investment for the applicant and close members of the family and is followed by citizenship gradually. Other way around, for people willing to apply for citizenship by investment also have several residency options coupled with the scheme.
Following are the options for those who are looking for obtaining Permanent Residency in Dubai by investment:
Making an application as an investor would require the applicant to make a public investment of a minimum value of 10 million AED.
The following are methods of investment:
The requirements to go through
The visa is also eligible for an extension to accommodate any business partner if involved on the condition that each partner is capable of making an investment of 10 million AED. This visa also includes family members and colleagues.
There are several benefits of obtaining citizenship in Dubai, among which the most important are:
A curated team of experts at Vazir Group will assist you in selecting the residency by investment option that fits perfectly for you. We will work together to lay out your personal requirements and proceed with the required documentation. To ensure the paperwork and verifying documents is our job which will be met with the desired accuracy. Our qualified team coupled with experience is one you can rely on for this part. Once done with the documentation work a final review by our residency specialists will finally prepare your file for submission. Everything would be done methodically to ensure possible ease in the process. Contact our team at the Vazir Group to begin your dreams of living in Dubai today, while making perfect choices for investment. To know more click here. We’ll be happy to help in your journey!