What are the eligibility criteria for applying for a 2-year investor visa in the UAE?
To qualify for a 2-year UAE investor visa, you must meet certain requirements. Firstly, you must own a property in the UAE worth at least AED 750,000. If the property is mortgaged, you will need to obtain an NOC from the bank or developer and also provide a mortgage statement showing the amounts paid and outstanding.
In cases where the property is jointly owned by husband and wife, both parties must have equal shares. If the shares are not equal, the primary visa holder will be the person with the largest share, who can then become the sponsor of the other party.
What documents are required to obtain a 2-year real estate investor visa in the UAE?
When applying for family sponsorship in Dubai, you need to provide the following documents:
— Document of ownership of real estate in Dubai worth at least 750,000 dirhams;
— A clear copy of your passport (valid for at least 6 months);
– Old Emirati ID (if applicable);
— High quality digital photography that meets ICP requirements;
— Medical insurance from an insurance company located in the UAE;
— Certificate of good behavior from the Dubai Police addressed to the Dubai Land Department;
– National identity card for applicants from certain countries (Iran, Pakistan, Iraq, Libya, Afghanistan);
— The name matches the title document and the passport.
Important to know: According to GDRFA regulations, health insurance is mandatory for all residence permit applications.
2 Year Real Estate Investor Visa in Dubai – Key Information:
The 2-year real estate investor visa is part of the UAE’s new long-term visa system introduced in 2019. This visa allows foreigners to live, work, study and invest in the UAE on their own, without the need for a national sponsor and with full ownership of their investments.
Benefits of a 2-Year Real Estate Investor Visa in the UAE
This visa offers many benefits, including the opportunity to live in the UAE with its favorable weather and high standard of living. Additionally, no or minimal direct personal taxes, as well as ample investment opportunities and business-friendly legislation, make this visa attractive to investors.
