The UAE has recently made significant updates to the Golden Visa requirements, particularly benefiting property investors. These changes are part of the country’s ongoing efforts to attract long-term residents and bolster its real estate market. Here’s everything you need to know about the latest updates and how they may impact your eligibility for the Golden Visa.
The UAE Golden Visa is a long-term residency visa that allows foreign nationals to live, work, and study in the UAE without needing a national sponsor. The visa, which can be valid for up to 10 years, is granted to investors, entrepreneurs, specialized talents, researchers, and outstanding students, among others.
One of the most notable changes in the Golden Visa regulations for property investors is the cancellation of the minimum down payment requirement. Previously, to qualify for a Golden Visa under the property investor category, applicants were required to make a minimum down payment of 50% on a property valued at AED 2 million or more. This requirement has now been removed, making it easier for investors to secure a Golden Visa.
With the removal of the down payment requirement, the UAE government has introduced new criteria that property investors must meet to be eligible for the Golden Visa. Here are the updated requirements:
The Golden Visa offers several benefits to property investors, including:
The application process for the Golden Visa has been streamlined to ensure ease and efficiency. Investors can apply through the UAE’s Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP) or the General Directorate of Residency and Foreigners Affairs (GDRFA) in Dubai. The necessary documents include property ownership certificates, proof of investment value, and personal identification documents.
The recent updates to the UAE Golden Visa requirements represent a significant shift in the country’s approach to attracting long-term residents and investors. By removing the minimum down payment requirement, the UAE has made the Golden Visa more accessible to property investors, further enhancing its appeal as a premier destination for global investment.
For more information on how to apply for the UAE Golden Visa or to explore investment opportunities in Dubai, contact Prism 7 Corporate Services today. Our team of experts is here to guide you through every step of the process.
Matimeforwah LindaPrism is the best company you can see in UAE today with very fast and reliable services.Got my police clearance within 24hours at prism and my LSA job through Mrs Avni a very sweet soul. Tasted and trustedrehaan touseefI am thoroughly pleased with the services provided for my family visa application. The entire process was incredibly smooth and well-managed. From start to finish, all the necessary steps were communicated clearly and efficiently. I appreciated the transparency and professionalism throughout. I highly recommend their services to anyone looking for a hassle-free visa experience.Madhureddy PandhiriVery professional.highly recommendClint MirandaI had a fantastic experience with their service when I needed my education certificate attested. From the moment I reached out to them, the staff was professional, responsive, and attentive to my needs. They explained the entire process clearly and made sure I understood the timelines and requirements. To my surprise, they completed the attestation much faster than the committed time, and I received my documents back well ahead of schedule. The efficiency and reliability of their service exceeded my expectations. Their customer service was outstanding, and they were always available to answer any questions I had. I truly appreciate their dedication to providing high-quality service. If you need any document attestation or related services, I highly recommend them. You won't be disappointedadebayo kehindePrism 7 Corporate Services has impressed me with its professionalism and efficiency in handling services. Reviews highlight their smooth, stress-free process and exceptional customer support, with staff providing clear communication and quick service. I appreciate the team's attention to detail and dedication, making complex procedures feel effortless. Highly recommended for reliable and efficient corporate services. More importantly BIG THANKS to Ms. AvniAMAR FernandesSwift service. Minimum questions, understanding and professional staff. Keep up the good work teamSabith Shah"Excellent service! Prism 7 Corporate Services handled my attestation perfectly. They were very transparent about the process and fees; Mary Jane takes good care of my documents she received my documents back much sooner than anticipated. I would use their services again and recommend your company to my friends, Thanks again MJ…Julie CassidyWe found Ian @ prism 7 to be very helpful and professional! He provides businesses with a seamless, smooth process for end to end company incorporation in the UAE, highly recommend!Jihas NajeebExcellent experience with Prism 7. Their professionalism and timely service were exceptional. From start to finish, the team demonstrated a keen understanding of the details involved, ensuring that all processes were handled efficiently and accurately. Their customer service is top-notch, with every query addressed promptly and courteously. The quality of their work reflects a high level of expertise and commitment. I highly recommend Prism 7 to anyone seeking reliable and efficient services.Muzammil KalsekarI recently had the pleasure of getting serviced by Prism 7 Corporate for my passport renewal, and I am thoroughly impressed with their service. From start to finish, the process was smooth and efficient. The staff was highly professional, providing clear instructions and prompt responses to all my inquiries. Their attention to detail ensured that all my paperwork was handled accurately and submitted on time. The entire experience was hassle-free. I highly recommend them for anyone needing reliable and professional assistance with passport services, visa, company formation etc. Their commitment to customer satisfaction is truly commendable. Thank you
