Dubai Golden Visa

Dubai Golden Visa

This program is a 10-years residency visa for high net-worth clients who purchase real estate worth more than 2,000,000 AED or deposit more than 2,000,000 AED. This program aims to attract more investors around the world and to have a positive impact on the already hot property and economic markets in the region. Globevisa offers the service of applying for a 10-year Golden Visa for the main applicant in Dubai.

 

This residence visa is a long-term visa and cannot apply for permanent residence or naturalization.

 

There are no exit restrictions after obtaining the visa, have the ability to stay outside the UAE for more than the usual period of six months in order to keep their residence visa valid.

Time to permit

1 month

Visa-free travel

179 countries and regions

Passport rank

14th in the world

Residency requirement

Must not leave Dubai for more than 6 months to maintain the visa validity.

Taxation

No Individual Income Tax.

Businesses are subject to a 9% corporate tax (except for companies established in free zones).

Value-added tax (VAT) at a rate of 5%, as well as other consumption taxes, customs duties, and land registration fees.

Established time

Program launched in 2019

Application Requirements

1. The main applicant is 18-70 years old, spouse, and unmarried children can be reunited at later stage.

2. The main applicant owns a real estate/deposit worth not less than 2,000,000 AED (two million dirhams) in the UAE.

(If the property is a loan or installment payment, the  payment amount needs to reach AED 1,000,000.).

Sobha Hartland II

  • From AED1,600,000

  • Yield up to 8% p.a.

  • 20% Down-Payment

Experience stunning views across all floors, community views on the front, clear views of the Dubai Al Ain Road on one side & shimmering city lights on the other. Take in the unique beachfront views from the open podiums and balconies.

Project Timeline:

Expected Completion date: July 2027

Program Benefits

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Convenient E-Gate

There is self-service customs clearance, saving the entry and exit time costs.

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Free Tax ID

Stay in the UAE for 90 days to become a tax resident to open an overseas account, no income tax in the UAE, which is perfect avoidance of CRS and tax investigations.

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Permanent Settlement

With the Golden Visa, you are a local resident of the UAE, you can stay in the UAE 365 days a year, and you can also apply for a visa in another country at the Consulate of another country in the UAE.

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Dubai Bank Account

Account information is very simple: Passport + Valid Dubai Visa +Emirates ID Card.

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UAE Driver License

Apply for a local driver’s license in the UAE directly at Dubai Transport Department, no test is required.

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International school

Dubai alone has more than 215 international schools, making it the city with the most international schools in the world.