What Are the Golden Visa Requirements in the UAE in 2024?

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The UAE Golden Visa, aka the Dubai Golden Visa, is a residence permit that allows you to live in the United Arab Emirates for a period of 5-10 years. You’re able to renew this Residency by Investment if you continue to meet the qualifying conditions listed below. So, let’s discover what the golden visa requirements in the UAE are.

Golden Visa Requirements in the UAE for Real Estate Investors

To get a 5-year UAE Golden Visa without a sponsor, you must provide the following:

• A letter from the land department of the relevant emirate showing that you own one or more properties whose value is a minimum 2 million dirhams, or
• Acquisition of a residence subsidized with a loan from a UAE bank approved by the specific emirate

UAE Golden Visa Requirements for Contribution to Public Investments

To receive a 10-year Golden Visa without a sponsor, you must submit the following:

• A letter from an investment fund accredited in the UAE establishing that you have a deposit of at least two million dirhams, or
• A legitimate commercial licence or industrial licence and a memorandum of association determining that your capital is a minimum two million dirhams
• A letter from the Federal Tax Authority revealing that you pay the UAE government 250,000 dirhams, at least, on a yearly basis

As well as fulfilling the conditions above, you need to:

• Own all the invested capital without borrowing any
• Supply evidence of health insurance for you and your family

Golden Visa Requirements in the UAE for Those Taking the Entrepreneurial Route

A 5-year UAE Golden Visa is available if you mastermind a financial technical or future project focusing on risk and innovation. On top of this requirement, you will need to produce an approval letter from:

• A UAE-based auditor proving that the project value equals a minimum 500,000 dirhams
• The relevant emirate illustrating that the project is either future or technical in emphasis
• An established UAE business incubator to verify the stated activity in the particular emirate

The RIF Trust Take on UAE Golden Visa Requirements

David Regueiro is our Chief Operating Officer. He explains that the golden visa requirements in the UAE “appeal to investors who appreciate a reliable programme.”

Regueiro elaborates: “The investment threshold has been pretty constant. Another advantage of UAE Residency by Investment is that you’re able to access a glamorous lifestyle with a lower cost of living than in other investment hotspots. A further benefit is that you only have to visit once every 6 months should you want to base yourself elsewhere.”

How to Get a Dubai Golden Visa in 2024

After reading this article, there’s an obvious next step you need to take to acquire a renewable residence permit in the United Arab Emirates. And that’s to talk to an investment migration consultancy with specialist knowledge of the programme such as RIF Trust who have an office in Dubai. So, contact us now and we’ll show you how to secure a UAE Golden Visa.