Unlocking the UAE's Golden Visa: A Gateway for Real Estate Investors

3 March 2024
Unlocking the UAE's Golden Visa: A Gateway for Real Estate Investors

The United Arab Emirates is renowned for its Golden Visa program, an initiative that offers long-term residence visas to foreign investors, entrepreneurs, scientists, students, humanitarian pioneers, and frontline heroes. This program provides a pathway for individuals to live, work, or study in the UAE while availing themselves of exclusive benefits.

Understanding the Golden Visa for Real Estate Investors

UAE's Milestone AchievementThe UAE's Golden Visa offers several advantages, including a six-month entry visa with multiple entries to facilitate the issuance of residence permits. These permits are renewable for 5 or 10 years, eliminating the need for a sponsor. Golden Visa holders also have the flexibility to stay outside the UAE for more extended periods while maintaining the validity of their visas. Furthermore, they can sponsor family members and domestic helpers, ensuring unity and support within their households.

To streamline the application and renewal processes for the Golden Visa, the UAE has introduced the 'One touch' Golden Visa service. This comprehensive service assists applicants with various visa-related procedures, including application submission, issuance of other visas, status regularization, and the acquisition of residency and identity documents, all in one seamless step.

Streamlining the Application Process

In Dubai, real estate investors and property owners can benefit from the Golden Cube, a centralized hub catering to individuals eligible for either the 10 Years Golden Visa or the 5 Years Retirement Visa. The 10 Years Golden Visa is available to investors with properties valued at a minimum of AED 2 million, while the 5 Years Retirement Visa targets applicants aged 55 or above with property ownership worth at least AED 1 million in Dubai.

Eligibility for the Golden Visa is contingent upon meeting specific requirements set forth by the UAE government. Real estate investors must fulfil one or more criteria, such as purchasing property with loans from designated banks or acquiring completed or off-plan properties valued at no less than AED 2 million from approved real estate agencies. Additionally, properties initially purchased below the minimum requirement can be updated through a Valuation Certificate issued by the Dubai Land Department or a certified third party.

Partnering with SFM: Your Trusted Corporate Service Provider

Navigating the Golden Visa application process can be complex, which is where experienced Corporate Service Providers like SFM come into play. With our expertise and support, our clients can confidently navigate the procedures and requirements associated with obtaining the Golden Visa, ensuring a smooth and efficient experience. By leveraging the services of SFM, investors can maximize their chances of securing this prestigious residency status in the UAE.

For further information regarding this service, reach out to info@sfm.com today and seize the opportunity to embark on a new chapter in your life within the UAE.

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