Investors choose Dubai because of the economy’s continued growth and stability. This has made Dubai the business, financial, and commercial center of the region. As the tourism and commercial hub of the Middle East, it has one of the most diversified economies, attracting a high volume of foreign investment annually. Dubai welcomes and encourages foreign investment by offering a special visa program tailored to the needs of investors, allowing them to legally stay in the UAE and build a prosperous future for their families and businesses.
The Dubai investor visa, also known as the Dubai partner visa, is issued to foreign nationals who wish to establish a business or invest in a business in Dubai. The Dubai investor visa entitles the holder to live and work in the UAE for as long as the visa is valid. The holder of a Dubai investor visa is entitled to apply for Emirates ID card, bank account, UAE driving license, Etisalat and Du mobile and home package, and many other basic services. The Dubai Investor Visa also entitles its holder to sponsor his spouse, children and parents to immigrate to the UAE.
Dubai Investor visa program
Applicable to individuals who opt to invest in residential property that is worth AED 750,000.00 or above, with a maximum of 50% of the property value is under mortgage. Investors in a jointly owned property are eligible to apply if each individual’s share is worth at least AED 750,000.00.
The investment must be in a single residential property and not in commercial properties. Additionally, the visa is applicable to freehold residential properties only, it is not possible to apply for this visa with an off-plan property.
The visa length is 2 years renewable and can be maintained for as long as the investor owns property in the country.
The two-year visa is available to individuals who have purchased a property of AED 750,000.00 or more.
However, real estate investors can also obtain a Golden Visa when purchasing a property worth at least AED 2 million. The property must be located in the UAE and it must be freehold.
All types of Golden Visa categories are now valid for 10 years.