Investor Residence Visa
Visa Overview:
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Since 2015 the Dubai Government activated the procedure to allow residential real estate owners to obtain a 3 year residency investor visa with the ability to sponsor immediate above or below family and a house maid. In-order to apply for the investor visa, the individual must invest a total of AED 1,000,000 or above, this can be a cumulative amount from multiple properties
that are fully paid with no mortgage.
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By obtaining a residency visa investors are able to:
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Obtain Emirates ID
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Open a Local Bank Account (Not subject to CRS)
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Obtain a UAE Driving License
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Buy a Car
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Setup Post Paid Utilities
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Additional Benefits:
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Property linked to a visa can be rented without any restriction.
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Any rental income is tax exempt.
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Once becoming a UAE Resident, the investor is totally free to choose if to register as a UAE tax resident or to keep the tax residency in their own country.