How To Get Residence
UAE Residency Visa Solution
Dubai’s happiness economy and tremendous opportunities draw international residents. You need a Dubai-based job, a freelance permit, or property to get a resident visa. After getting an entry permit, you can visit the UAE or change your status. After arriving, you must pass a medical checkup, buy health insurance, and provide it for visa stamping. After these stages, your visa will be stamped and valid for 2 or 3 years, depending on the kind. For a resident visa, you can work in Dubai, get a freelance permit, or be a property owner. For expert advice and seamless Dubai real estate and visa assistance, contact Infinity Ocean Properties. Our skilled team will guide you through the procedure, meeting all standards and making it easy. Start your new life in Dubai with Infinity Ocean Properties today.
Get a 3-Year Dubai Visa for Just 750K AED Investment
According to the Dubai Department of Land, the minimum financial requirement to apply for a 3-year visa by investing in the emerging real estate market in Dubai has been reduced from AED 1 million to AED 750K. Individuals who purchase a property worth at least 750K AED can now qualify for a three-year visa, while a five-year visa requires properties valued at a minimum of 5 million AED. The investment must not be in the form of a loan and should be maintained for at least three years to qualify for the visa. This adjustment makes it significantly easier for investors to gain residency in Dubai and take advantage of its thriving real estate market.
Dubai Working Visa
A work visa is the most common route to obtaining a UAE resident visa. Most expats in Dubai with residency permits use Dubai work visas. Once a person is offered a job, the employer processes the work permit, enabling the employee to start working for the company. After the work permit is approved, the immigration procedure for issuing the entry permit begins. Employees must enter the country with this entry permit, and follow the required steps to complete the visa process. A continental company work visa is valid for two years, while a work visa issued by any authority in the Dubai Free Zone is valid for three years.
Dubai Investors Visa
An investor visa is granted to individuals who invest in the country to establish their own business. To qualify for an investment visa, the shareholder or owner of the company must have a share value of over 70,000 AED. The minimum share capital for a mainland company is typically AED 300,000. Regardless of the number of shareholders, immigration allows only two investor visas per corporation. The company can also provide work visas to other investors. The investment visa is valid for three years. To apply for an investor visa, the applicant must present a bank statement from the previous six months.
New Green Visa
The UAE has introduced its first Green Visa program as part of the 50 Projects initiative. This new visa category allows residents to sponsor their parents and children, extending the age limit for dependents from 18 to 25 years. Unlike traditional work visas tied to company employment, the Green Visa targets highly skilled individuals whose expertise will benefit UAE firms and industries. This visa program also facilitates the entry of investors, entrepreneurs, top students, and graduates, granting them and their family members residency rights.
Dubai Residency Visa
One of the key benefits of the new Green Visa is an extended grace period of 90 to 180 days after the visa expires, allowing holders to continue working without immediate visa-related interruptions. This is a significant improvement over the existing 30-day grace period. These new visa options enhance the appeal of living and working in the UAE by providing a supportive regulatory environment for individuals with unique skills, talents, and capabilities to contribute to the nation’s growth.
At Infinity Ocean Properties, we are committed to helping you navigate these new visa opportunities, ensuring a seamless transition and maximizing your potential in the UAE. Contact us to learn more about how we can assist you in securing your Green Visa and making the most of your stay in Dubai.
Prerequisites and Conditions for Acquiring a Real Estate Visa
To acquire a real estate visa in Dubai, you must contact the Dubai Land Department (DLD). This visa, granted by the Department of Land, must be renewed every four years, with certain conditions requiring renewal every two years.
For the first registration, several documents are required. You will need a photocopy of the applicant’s passport and documents proving residency, such as those from an employer, firm, spouse, or guardian if the applicant has a valid UAE residence visa. Additionally, a copy of the title deed, a personal photograph (6 * 4 size), and a copy of the current visa (tourist visa, visiting visa, or stay visa) must be provided. A certificate of good conduct from the Dubai Police Department is necessary, along with a Compliance Notification Officer (CNO) letter from the bank, written in Arabic and stamped for the loan, if the property is mortgaged.
If the property is listed as land rather than a villa, the most recent DEWA invoice is required. For leased properties, the document is referred to as a lease.
Terms and Conditions for Property Visa
Several terms and conditions apply to the Dubai Property Visa. Firstly, the applicant must own the property, which must be an apartment or a villa, as commercial properties are not eligible. The title deed issued by the Dubai Land Department must be filed after the acquisition, and the property must be located in a non-free zone.
The property’s purchase price must exceed AED 1 million and be mortgage-free. If the property is mortgaged, the remaining loan cannot exceed 50% of the property’s value or 1 million AED, whichever is greater, and a loan statement along with a bank compliance notification are required. It is important to note that property visas cannot be applied for rental properties.
For joint ownership, spouses can share ownership, but a valid marriage certificate is required. Multiple visas can be applied to the same property if there are multiple owners and the standard criteria are met.
For a seamless visa application process, Infinity Ocean Properties is here to assist you in fulfilling all the necessary requirements and conditions to secure your Dubai Property Visa. Contact us for expert guidance and support.
Dubai Employees Visa
Several free trade zones in the UAE offer freelance permits for selected specialists in media-related industries, education-related sectors, and technology-related sectors. Holders of a freelance residence permit can obtain a residence visa for two or three years, depending on the chosen free zone. To be eligible for these permits, the applicant must submit the following documents:
- A business strategy outlining objectives based on the chosen activities.
- Curriculum vitae (CV).
- A copy of the passport page and visa page.
- A no-objection letter from the current sponsor allowing the applicant to transfer the residence visa and acquire a freelance permit with Tecom (if resident in the UAE).
- Examples of work/portfolio (for media-related areas).
- Letters of recommendation from banks.
- Two letters of recommendation from clients or managers recommending the applicant’s capacity to work independently (subject to authority requirements).
Thinking Of Getting A UAE Property Visa?
Dubai is globally renowned for its luxurious lifestyle, making it a prime destination for investors who wish to live in their properties. It also offers excellent returns for property investors who choose to lease their assets. With the introduction of long-term residency visas for property investors, the appeal of investing and residing in Dubai has significantly increased.
Who Can Buy Property In Dubai?
Anyone with the necessary funds can purchase property in Dubai. There is no requirement to live or work in the emirate, and there is no age limit. However, freehold properties can only be bought in designated areas for foreign investment. This is not restrictive, as there are numerous freehold areas across Dubai.
What Type Of Property Will Be Considered And For What Value?
To be eligible for a property visa, the property or properties must be 100% complete and not under construction or involved in any disputes. The purchase value (not the current market value) must be at least AED 1,000,000 or more, with at least 50% of the mortgage paid off. The Dubai Property Visa applies to residential properties (Apartment, Serviced Apartment, Villa, Townhouse) and commercial properties (Hotel Room, Hotel Apartment, Office, Warehouse) located in freehold areas.
You qualify for a UAE investor visa if your total investment in one or a maximum of three properties is AED 1,000,000 or more. If multiple individuals own the property, each can apply for a Dubai investor visa, provided their share in the purchase value is AED 1,000,000 or more. For properties jointly owned by husband and wife, both can apply for a UAE investor visa even if the total purchase value of AED 1,000,000 is split between them. In such cases, an attested marriage certificate must be provided.
Types of Property Visas Available in Dubai
Six Month Multiple Entry Dubai Property Visa
The six-month multiple entry Dubai property visa is ideal for those looking to facilitate their golden residency application process. It allows for multiple entries and can be extended as needed to complete residency formalities.
Three Year Dubai Property Visa
For long-term residency in Dubai, the three-year property visa offers stability and ease of renewal at a nominal cost. It’s suitable for individuals looking to invest and stay in Dubai without the hassle of frequent renewals.
Five Year Dubai Property Visa
Investors who have committed at least AED 5 million across three properties in Dubai, with no mortgages, qualify for the five-year property visa. This visa provides extended residency without additional investment requirements, making it a favorable option for property investors.
Ten Year Residency Visa (Golden Visa)
The ten-year residency visa, also known as the Golden Visa, is granted to investors, entrepreneurs, specialized talents, and researchers who meet specific criteria. It offers a long-term solution for residency in Dubai, facilitating easy access to various benefits and services:
- Unlimited stays in Dubai with freedom to enter and exit.
- Ability to open UAE bank accounts and access financial services.
- Eligibility to apply for a UAE driving license.
- Potential visa-free travel to select countries.
- Sponsorship rights extended to family members, including parents and children.
- Opportunity to sponsor an executive director and one advisor in addition to family members.
UAE Retirement Visa
The UAE retirement visa caters to expatriates and foreigners aged 55 and above, offering a five-year residence permit with renewable options. To qualify, applicants must meet the following criteria:
- Invest in a property worth AED 2 million.
- Maintain financial savings of at least AED 1 million.
- Have a steady income of no less than AED 20,000 per month.
This visa enables retirees to enjoy a relaxed lifestyle in Dubai post-career, with access to healthcare, leisure facilities, and a vibrant community environment.
For more information on acquiring property visas in Dubai and exploring investment opportunities, visit Infinity Ocean Properties.