Residence permit, Visa

In the UAE there is no concept of "residence permit", here - a resident visa. It looks like a plastic card and is called the Emirates ID, which serves as an alternative to a passport.

A resident visa, valid for 5 or 10 years, is available for both the investor and their family, including spouse, children, and parents.

• The ability to live and work in any of the emirates.
• No restrictions on studying, working, and business activities.
• Applications are processed quickly, within 30 days.

• Attractive tax conditions for residents.
• Year-round sunny climate.
• Opportunity to obtain a mortgage from a local bank.

2-year resident visa:

• Minimum investment: 750,000 AED or $204 000 in real estate

The property must be fully completed and located in a Freehold zone, where foreigners are allowed to purchase real estate. In Dubai, there are about 60 such zones, including Dubai Marina and Jumeirah.

10-year resident visa:

• Investment of at least 2 000 000 AED or $545 000 in real estate

Additionally, the investor must have no criminal record, pass a background check, and have housing in the country, either owned or rented.

• Investor with a legal income
• Spouse of the investor
• Parents of the investor

• Children of the investor: sons must be under 21 years old, no age restrictions for daughters



 
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Government fees

Application processing fee:

• 1150 AED ($310) for a 10-year visa
• 650 AED ($180) for a 2-year visa
• For a family, the fee starts from 3500 AED ($950)

Visa processing:

• Visa processing fees start from 15,000 AED ($4,100)

Administrative expenses

• Legal services, tax consultations: from $500-600 per hour
• Translation: from $20 per page

Notarization of documents:

• Personal documents: from $50 per document.
• Commercial, property documents: from $600 per document

Apart from purchasing real estate, investors in the UAE can:

• Invest in government funds with minimum amounts starting from $545,000 (2 million AED), directing their capital into accredited UAE funds
• Invest in startups that generate annual revenue of at least 1 million AED ($272,294)

• Register a business or invest in the share capital of a local company with minimum investments starting from $545,000 (2 million AED)
• Demonstrate outstanding achievements in culture, science, medicine, sports, and other key areas beneficial to the country