How To Get Residence Visa Dubai?
Dubai, the UAE’s second-largest emirate, is home to many cultures and is popular worldwide for its vibrant environment, lavish lifestyle, high safety standards, low crime rate, almost tax-free status, and strong economy, which draws people from all over the world. Every year, foreign professionals and investors apply for a Dubai Residence Visa UAE, as the emirate offers abundant job opportunities and convenient access to Europe, Africa, and Asia-Pacific.
The nation’s government significantly supports foreign investment and offers several opportunities to expatriates to secure a UAE residency. Among the several options, buying a property in this glamorous emirate is the easiest way to get a Dubai residency visa. With a reliable and experienced real estate company in Dubai, UAE, like Miva Real Estate, you can secure legal residency and a lucrative long-term investment in this opulent haven.
Understanding Dubai Residence Visa UAE
Before we move forward to the question of how to get residency in Dubai, let’s first gain a general understanding of the legal permit that grants foreign nationals the authority to live and work in this leading business hub. A Dubai residence visa is the permit that authorizes and legalizes the stay, work, investment, etc., in the emirate for a specific period.
The validity periods of a Dubai Residence Visa UAE range from 1 to 10 years, and the validity period can be extended with visa renewal as long as an expatriate remains eligible for it. From securing the best properties for sale in Dubai deals and establishing a business setup to securing a desirable job, this visa assists foreign nationals in benefiting from abundant opportunities that this emirate offers.
Who is Eligible to Get Dubai Residence Visa?
As an expatriate, you can get Dubai Residence Visa if you qualify under any of the following categories:
1. High-Skilled Professionals
Expatriates with a proven record of their specialized skills and expertise in the approved field are eligible for Dubai residency, which is particularly granted through the Golden or Green Visa program, designed to attract and retain exceptional talents in medicine, technology, education, etc.
2. Real Estate Investors
Expatriates can get Dubai Residence visa by securing property ownership in the emirate, and if they own a property worth AED 2 million or invest in certain approved projects, they can even apply for a 10-year Golden visa.
3. Retirees
Foreign nationals over 55 are eligible for a Dubai residence visa UAE; however, they must present proof of at least 15 years of employment before retiring, and a retirement or end-of-service letter provided by an employer from within or outside the nation is required to be submitted.
4. Business Owners
One of the easiest way to get Dubai residence visa for foreign nationals is to secure a company registration in the emirate’s free zone or mainland or become a shareholder in an already established business.
5. Freelancers
The Emirates’ government supports skilled and self-employed expatriates through the Green visa program, which allows them to get Dubai residence visa and legal permits to work without the need for an employer or sponsor for up to 5 years.
6. Students
Students from foreign nations can secure residency in the emirate if they’re either sponsored by their parents, a UAE resident, or an accredited university. Additionally, outstanding students are also eligible for a Golden visa.
7. Commercial Investors
Expatriates who invest in commercial businesses in the UAE can also secure a residency in the emirate.
Get Dubai Residence Visa: Requirements
General Requirements
- The applicant must be above 18
- Generally, a sponsor, which can be a family member, employer, or accredited university, is needed.
- The applicant must pass a medical examination and security check
- A valid passport, entry visa, and passport-sized photographs
Requirements for Real Estate Investors
- If you purchase a property in Dubai, you don’t need a sponsor and can sponsor your residency.
- For a 2-year visa, a minimum investment of AED 750,000 within the freehold zone is mandatory.
- For a 10-year visa, a minimum investment of AED 2 million in real estate is mandatory.
- If the property purchase is under a spouse's share ownership, the investment from the expatriate must be at least AED 1,000,000.
- Proof of income, valid passport, property’s title deed, etc., are other required documents.
Whether you’re a seasoned investor or completely new to the real estate world, Miva Real Estate can assist you in securing the most lucrative deals on property investment in this heavenly destination.
How To Get Residence Visa Dubai: Steps For Real Estate Investors
Are you a real estate investor and looking for the answer to how to get residence visa Dubai, follow these steps and secure your legal residency in the emirate:
- Invest in an eligible property above AED 750,000 and AED 2 million for a 2-year and 10-year residency, respectively.
- Register the property with DLD, secure the title deed, and pay at least 50% of the total property value if it is mortgaged.
- Gather the required documents and undergo a medical examination at a government-approved medical center.
- Apply for Dubai Residence Visa UAE through DLD immigration’s section or the GDRFA portal.
- Ensure the application form is correctly filled out and all requested documents are attested to avoid delays.
What is The Cost of Dubai Residence Visa UAE?
The general cost to get Dubai residency visa varies from AED 4,000 to AED 8,000, and the factors that affect the cost are visa type and duration. Apart from visa fee, other associated fees, including entry permit, medical examination, visa stamping, administrative fees, etc., also need to be paid.
Dubai Residence Visa UAE: Key to Global Opportunities
Foreign nationals desire to secure residency in Dubai, UAE, as the emirate offers outstanding benefits, employment opportunities, investment opportunities, lucrative tax benefits, a secure environment with a high standard of living, access to excellent services, etc. One of the easiest way to get Dubai residence visa is to attain ownership of an eligible property in the UAE’s booming real estate hub.
Investing in real estate in this heavenly destination will allow you to secure a long-term lucrative investment, as Dubai’s real estate market is stable and offers high capital appreciation, rental yields, and large profit gains due to its tax-free environment. Secure the best real estate investment deal in Dubai today with Miva Real Estate, the most trusted real estate company in Dubai, UAE, with over 10 years of experience, excellent local expertise, and a strong network with top real estate developers.