Saturday, 28 December 2024

How to get UAE golden visa?

 The UAE Golden Visa is a long-term residency visa that provides talented professionals, entrepreneurs, and investors with unmatched advantages. For anyone wishing to settle in the United Arab Emirates, it offers a safe and stable environment with options for living, working, and studying there. Investing in real estate is one of the most common ways to get the Golden Visa.

Step 1: Know the Eligibility Criteria

To start with, check your eligibility for the UAE Golden Visa with the help of property investment. It’s necessary to understand the following criteria:

– Minimum Investment:

AED 2 million is the minimum investment needed to be eligible for the Golden Visa through real estate investment. The prior minimum down payment requirement of AED 1 million, or 50% of the property's value, has been eliminated in the United Arab Emirates. This implies that as long as the property is worth AED 2 million, you can be eligible for the Golden Visa regardless of the down payment amount or the home's status—off-plan, completed, mortgaged, or not. The land department may evaluate final approval on an individual basis.

– Property Type:

The property must be bought in the investor's name and may be either residential, commercial, or a mix of the two. Whether it's residential, commercial, or mixed-use, we help you choose an eligible property and make sure it's properly registered in your name.

Step 2: Selecting the Right Property

Choosing the appropriate property is essential to the Golden Visa application procedure. Our staff helps you choose the perfect home to satisfy both your individual objectives and Golden Visa requirements:

– Location:

Go with a property in a decent location with quick access to important landmarks and services.

– Developer Reputation:

It is recommended to choose properties done by reputable developers, guaranteeing quality and timely delivery.

– Future Prospects:

When choosing your home, take into account the possibility of both capital growth and rental income.  A majority of immigration lawyers in Dubai help their clients make sound financial decisions by offering insights into these possible issues.

Step 3: Completing the Purchase

Once you’ve finalized the property, the next thing to do is to finish the purchase. This involves:

– Finalizing the Purchase Agreement:

The skilled experienced immigration lawyers in Dubai negotiate the terms of the purchase agreement, ensuring your interests.

– Title Deed Registration:

The registration of the property should be done under your name and confirm that you receive the title deed.

– Payment of Fees:

Pay all required payments, such as the real estate agent commission, property registration fee, and other related expenses.

Step 4: Applying for the Golden Visa

The next step is to apply for the Golden Visa after purchasing the property. Among the steps in the application procedure are:

– Document Readiness:

Compile any required paperwork, such as copies of your passport, the title deed, and evidence of your investment.

– Application Submission:

A team of experts files your application via the proper channels, such as DLD Cube, the Federal Authority for Identity and Citizenship (ICP), and the General Directorate of Residency and Foreigners Affairs (GDRFA).

– Application Review:

The authorities will review your application, and we will keep an eye on it and notify you of its progress.

Step 5: Receiving Your Golden Visa

Your Golden Visa, which will allow you to live in the UAE permanently, will be issued to you upon acceptance. Among the many advantages of this visa are the capacity to sponsor family members, the availability of top-notch healthcare and education, and the flexibility to investigate business and additional investment prospects in the United Arab Emirates.

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