The UAE Golden Visa offers a unique opportunity for investors, entrepreneurs, and specialized talents to secure long-term residency in the UAE. One attractive pathway to obtaining this coveted visa is through property investment.
In this blog, we’ll guide you through the eligibility criteria, application process, and benefits of securing a UAE Golden Visa by investing in real estate.
Key Highlights:
1. Eligibility Criteria
- Minimum Investment Amount:
You must invest in property worth at least AED 2 million. - Property Requirements:
– Off-Plan Properties: A deposit of AED 50,000 and 50% project completion are required, along with an Oqood or Title Deed and a developer’s letter.
– Ready Built Properties: A payment of AED 50,000 is necessary. If the property is jointly owned, it must be valued at AED 4 million; financing is available for amounts exceeding these. - Ownership:
The property must be owned by an individual. Joint ownership is allowed if each individual’s share meets the minimum investment requirement. - Financing:
You can obtain a mortgage for any amount, provided that the property is valued at AED 2 million or more and you have paid AED 50,000.
2. Application Process
- Property Purchase:
Identify and purchase a property that meets the eligibility criteria. Ensure that all transactions are documented and that you receive the title deed. - Documentation:
Title deed (proof of property ownership)
Passport copies of the applicant
Proof of payment (if the property was financed through a mortgage, documents showing the outstanding balance, and a bank letter indicating AED 2 million paid amount)
Property evaluation certificate from the relevant authority (if required) - Application Submission:
We assist you with the submission process for your application through the appropriate channels. - Medical Examination:
Undergo a medical examination, which is a standard requirement for obtaining residency in the UAE. - Background Check:
Clear a security background check.
3. Benefits Of The Uae Golden Visa
- Long-Term Residency:
The visa is typically valid for 10 years and is renewable. - Family Sponsorship:
You can sponsor your spouse, children, and potentially parents, depending on specific conditions. - Business Ease:
Easier to conduct business within the UAE, including opening bank accounts and setting up companies. - Extended Stay:
No need to frequently renew your visa, providing stability and security. - Multiple Entries:
The visa allows for multiple entries and exits from the UAE.
4. How Aura Ventures Can Help
- Property Identification:
Assist you in finding eligible properties that meet the AED 2 million investment requirement. - Mortgage Advisory:
We provide expert advice to help you find the most suitable mortgage deals. - Documentation Assistance:
Help you compile and submit all required documents, including title deeds, proof of payment, and property evaluation certificates. - Application Process:
Guide you through the entire application process. - Medical and Background Check Facilitation:
Coordinate medical examinations and background checks, ensuring all requirements are fulfilled efficiently. - Family Sponsorship Support:
Assist in the sponsorship process for your spouse, children, and parents, ensuring all family members meet residency requirements.
By leveraging Aura Ventures’ expertise and services, you can navigate the complexities of the UAE Golden Visa application process smoothly and efficiently, securing long-term residency for you and your family.
In Summary
Securing a UAE Golden Visa through property investment is a strategic move for those looking to enjoy long-term residency in one of the world’s most dynamic countries. With Aura Ventures by your side, the process becomes seamless and hassle-free.
Contact us today to begin your journey towards a secure and prosperous future in the UAE.
