How Much Do You Need to Invest to get a Dubai Visa?

Dubai is an awesome place to invest. Its diverse economy keeps the markets running 365 days a year, and investors worldwide come to Dubai to take advantage of this lucrative opportunity. But how much do you need to invest to get a Dubai investor visa?

While the investor visa may seem like a golden opportunity, knowing its nuances and complexities is essential.

Read this blog to find the correct answers to all your queries and discover other important information about Dubai’s investor Visa.

Green Visa for Investors

The Green Visa for investors is for those starting or involved in businesses in the UAE. It replaces the old visa, which was only valid for two years. The requirements include: Approval from the ICP is based on the investor rating system.

Proof of the investment (if the investor has more than one license, the total invested capital will be added together).

Approval from the relevant local authorities.

The UAE began issuing these visas in 2019. Investors, entrepreneurs and qualified professionals can apply for a UAE investor Visa. Initially, investors needed AED 5 million to 10 million to qualify.

New rules were introduced in 2022. The required investment amount was reduced, and there are no limits on how long you can stay outside the UAE.

You can also buy off-plan properties and take out a mortgage. These changes took effect in October of 2022.

To get this Visa, you can buy real estate in the UAE for AED 2 million ($545,000). Alternatively, purchasing property for AED 750,000 ($204,000) will get you a 2-year residence visa.

How Much Do You Need To Invest To Get A Dubai Visa?

To get an investor visa in UAE, you must invest AED 750,000. If the property is mortgaged, you must pay 50% of the property’s value or at least AED 750,000 to the bank.

To proceed with the residency application, you will also need a bank no-objection letter and a mortgage account statement.

Moreover, a husband and wife can share ownership of one property if its value is AED 750,000 or more. A certified copy of the marriage contract must be provided in this case.

Benefits of the UAE Investor Visa

As mentioned earlier, UAE’s investor visa has multiple benefits that are but not limited to:

Flexible Residency Options for Investors

This visa lets the visa holder and their immediate family members visit the UAE whenever they want. In fact, living in the UAE is not required. Investors may enter the UAE once or twice a year in order to keep their residency status active.

No Personal Taxes & Low Corporate Tax

One of the most special immunities for UAE investors who hold visas is that they don’t pay taxes on income, capital gains, inheritance, gifts, or property. Consequently, there is no tax on company profits, but starting in 2023, companies with profits over AED 375,000 will pay a 9% tax, which is lower than in many other countries.

Banking Opportunities for Investors

In addition to tax optimization, investor visa holders can open bank accounts in any currency they wish. These accounts can be used for both savings and international money transfers. This flexibility is advantageous for managing finances and conducting global transactions seamlessly.

Access to Healthcare and Education

The UAE has unquestionably one of the best education systems in the Middle East. Investors' children may study in UAE colleges and universities. A few foreign schools operate nationwide, and English is the primary language of instruction for higher education programs. You can also find state-of-the-art health facilities with dedicated doctors and health professionals. Once you get your investor visa, you can take advantage of all these opportunities.

Visas for Family Members

Another benefit of the investor visa is that it enables the primary applicant to sponsor his family members for long-term visas. Interestingly, spouses may get visas for the same duration as the main applicant. Moreover, investors may bring their parents to the UAE, granting them a one-year stay.

Easy Path to Residency

Getting an investor visa is often easier than getting other types of UAE visas. Investors do not need to find an employer or a sponsor to apply for an investor visa. They also receive a 6-month visa to enter the UAE before they officially get their residency. Once they have their residence visa, they do not need to stay in the UAE long to keep their residency valid.

Opportunity for UAE Citizenship

Additionally, you can also apply for citizenship after 30 years of residency. Remember that citizenship may be granted for significant services or contributions. Apart from citizenship rights, the UAE passport gives you the freedom of visa-free access to 176 countries.

Esaad Privilege Card

Lastly, you can use the Esaad Privilege Card under the umbrella of this visa. The Esaad Privilege Card is a discount program that offers discounts of up to 70% on products and services—this discount is subsidized by the UAE government.

How Much Does an Investment Visa in Dubai Cost?

The cost of an investor visa in Dubai depends on the type of investment. For a real estate investment, it costs around AED 13,000. If you’re investing in a company, the visa fee is about AED 1,035. The 5-year Golden Visa costs AED 650, while the 10-year Golden Visa is AED 1,250. Additional Fees When Applying Through an Amer Centre Visa Stamping: Around AED 870 Medical Tests: AED 350 Entry Permit: AED 1,175 (inside UAE), AED 525 (outside UAE) Status Change: AED 675 (for those already in the UAE) Emirates ID: AED 500

Conclusion

Dubai, in particular, and the UAE, in general, offer low-risk investment opportunities. Its tourism-centric diverse economy attracts investors and offers them a safe environment where their businesses are respected. In exchange for their positive role in shaping the UAE’s economy, investors are given certain facilities that encourage them to do more business in this region. We hope this blog has given you insight into the UAE’s investor visa and its investment costs.

Can you invite my spouse and children with a UAE Investor Visa?

You can sponsor your spouse and children to UAE with an investor visa. This grants them the exact duration of stay allowed by the primary visa holder (you).

How much does a 2-year investor visa cost in Dubai?

A 2-year investor visa in Dubai costs around AED 4,000, with a renewal fee of AED 1,750. The exact price can vary depending on the documents and procedures you choose. For example, a property investor visa starts at AED 12,000.

Can I do business with a business partner with a UAE Investor Visa?

Under a single UAE Investor Visa, multiple business partners may apply. That does not mean you can divide the investment in any way you choose; each business partner must contribute their portion of AED.