United Arab Emirates Golden Visa
This thorough guide includes all you need to know about eligibility, benefits, and the application process for the Saudi Arabia Golden Visa program.
2 months
average processing
Investment amount
AED 700,000
Visa free countries
Passing Citizenship to Future Generation
About Program
The UAE Golden Visa, which was revised in 2022, provides a unique opportunity for individuals seeking residency in the United Arab Emirates through real estate investment. This visa not only facilitates residency but also comes with various entry visa benefits that enhance the overall experience. It offers significant flexibility for global business ventures, allowing investors to navigate the dynamic market landscape with ease and confidence.
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Program Benefits
Taxation Benefits
Not only are income, capital gains, and properties exempt from taxation but also the absence of inheritance and gift taxes preserves your wealth for generations to come. Moreover, the forthcoming 9% corporate tax for profitable companies remains highly competitive on the global stage, ensuring your business continues to thrive with reduced financial burdens.
Financial Freedom
Your financial flexibility extends to easy transfers and currency management, allowing you to seize global investment opportunities. Additionally, the UAE's stable and robust banking system ensures the security and growth of your savings, making it an ideal location for wealth management with your Golden Visa you can open a bank account in the UAE without any trouble
Business Environment
The UAE's business-friendly policies, transparent regulations, and minimal bureaucracy create a conducive environment for entrepreneurs and investors. This ease of doing business fosters growth, innovation, and success for your enterprise.
Access to the World-Class Healthcare
The UAE has cutting-edge medical facilities and modern research centers, as well as specialists in dentistry, orthopedics, dermatology, and reproduction. You'll feel better knowing that you and your family have access to the most recent medical advances and therapies with UAE residents by investment.
Quality Education for All
Aside from mostly English-language higher education programs, foreign schools in the UAE provide a holistic education that fosters well-rounded, globally-minded individuals. Your children can achieve academic, cultural, and social success.
Path to UAE Citizenship
Golden Visa holders may have a unique opportunity to fast-track their path to UAE citizenship in the future. This citizenship provides not only a sense of belonging but also access to a wealth of privileges reserved for Emirati citizens. With a UAE passport you can travel to up to 176 countries including Schengen Area, Canada, the UK and many more.
Family Inclusion
The option to sponsor family members, including parents, ensures a coherent family unit and allows them to benefit from the same benefits and opportunities as the primary candidate. This encourages family unity in the UAE.
Versatile Residency in the Seven Emirates
With the freedom to live in any of the UAE's seven emirates, you may experience a variety of lifestyles, from Dubai's bustling urban life to Sharjah's cultural richness or Ras Al Khaimah's natural beauty.
Dubai Golden Visa by Real Estate Investment
In addition to favorable investment conditions, the UAE's real estate market offers a varied selection of property possibilities, ranging from opulent apartments in renowned towers to lovely seaside homes. This market diversity appeals to a wide range of investing preferences, with the potential for substantial rewards.
Requirement and Eligibility
Investment Options
About
United Arab Emirates
Gulf country combining tradition with innovation. High standard of living, security, and stability. Developed infrastructure across tourism, banking, entertainment, and commerce. Located strategically within the Middle East, attracting global business and investment.
Capital
Abu Dhabi
Total Area
83,600 km²
Population
9,360,000
Language
Arabic
Timeline
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Country taxes
Country dual citizenship
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Citizenship Acquisition Process
The process of obtaining a Dubai resident permit is well-defined and meticulously tailored to guarantee a smooth transition to your new life in the Emirates. You need to choose a trusted partner to navigate in the process. Here's a step-by-step guide to help you get started on your wonderful journey:
Step One: Due Diligence
Your journey begins with a critical first step: due diligence. Mirabello Consultancy performs an initial screening to build the groundwork for the program's major Due Diligence procedure. This initial screening is a confidential assessment designed to identify potential issues and increase the chances of a successful visa application. Your documents are carefully examined by an internal compliance officer who is well-versed in the subtleties of UAE Due Diligence.
Step Two: Property Selection and Acquisition
In the following step, you will investigate property purchasing possibilities, with the option of selecting a property without physically visiting the UAE. Our team's real estate consultants in Mirabello Consultancy will give you a list of homes that meet your criteria. The legal professionals will then facilitate the purchase and sale agreement, guaranteeing a smooth transfer of ownership.
Step Three: Documentation and Visa Preparation
After passing the due diligence and property selection steps, our legal specialists will supply you with a comprehensive set of papers to help you with your visa application. This step entails the submission of original documents, which is followed by a number of necessary procedures. The legal experts at Mirabello Consultancy will translate, notarize, and complete consular legalization on your behalf. Following that, you'll be awarded a 6-month visa, depending on your nationality and their existing visa requirements, allowing you to see suitable properties, get a medical checkup, all being part of your golden visa application in the UAE.
Step Four: Health Assessment
You and your family members over the age of 18 will be subjected to a complete medical examination at a UAE clinic as part of the process. This exam includes testing for severe infectious diseases as well as fluorography to acquire a health status certificate.
Step Five: Visa Application and Biometrics
After you've secured your property and finished your health assessment, it's time to begin the visa application process. You and your family will go to the UAE to apply for visas and present biometric information to the General Directorate of Residency and Foreigners Affairs. Mirabello Consultancy's legal experts will provide important advice throughout this step, ensuring a smooth and speedy application procedure.
Step Six: Visa Approval and Issuance
Typically, the application process is completed within five to seven days. If any additional questions arise, you'll have 30 days to address them. However, the application approval can take up to 2 months. After the approval, you and your family will be issued your UAE residence visas.
Have questions? We have answers
Can I Get a UAE Permanent Residency by Investment If I Buy a Property?
Yes, you can obtain residency in the United Arab Emirates by purchasing real estate for up to 10 years..For property investors, the UAE provides a variety of resident visa alternatives, including the well-known Golden Visa program. This program enables investors and their immediate family members to get long-term residency in the UAE by investing in real estate.Typically, a minimum property investment of AED 2 million (about $550,000) is required if targeting the highest available validity of a 10-year residency. However, if you want to gain residency for two years, you must invest a minimum of AED 750,000.
What Are The Tax Implications Of Holding A United Arab Emirates Golden Visa?
United Arab Emirates Golden Visa, the primary tax implications are positive for visa holders. The UAE is known for its favorable tax environment.Income Tax Exemption: Individuals, including Golden Visa holders, are not subject to personal income tax in the UAE. This means that in the UAE, any income, whether local or foreign, deriving from any job, company, or investments, is exempt from income tax.Capital Gains and Inheritance Tax: Historically, the UAE has not levied taxes on capital gains, wealth, or inheritance. This has made it an appealing location for individuals seeking to preserve and pass on their riches while avoiding significant tax liabilities.Corporate Taxation: Depending on the individual region and the type of company activity, corporate entities in the UAE may benefit from a low or zero corporate tax rate. It is crucial to remember, however, that the tax landscape for enterprises varies depending on the emirate and the sort of company activity.
Can I Obtain a UAE Golden Visa With My Existing Properties?
If you own properties in UAE already, you are eligible for a Golden Visa as long as you meet the existing minimum investment requirements as follows:Provide a letter from the relevant emirate's land department confirming your ownership of one or more properties worth at least one million for the 5 years residency or the two million dirhams property value for the 10-year valueMirabello Consultancy will also be able to help you with the process.
Can I Include My Family In My Golden Visa Application?
Under the Golden Visa program in the UAE, you can include your spouse, unmarried children under the age of 25, as well as your parents. All of these family members could be included in your visa application.