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Dubai is currently considered one of the best investment destinations in general. Not only at the Arab level, but also at the global level. This is thanks to the many facilities and advantages that the UAE offers, in addition to the wonderful visas that investors can obtain to work and reside in Dubai. During the lines of this article, we will talk about the minimum investment in Dubai for residency. In addition to some important information about this topic. Continue reading with us to know more details.
Types of residency in Dubai
The UAE allows investors to obtain different types of residency permits that help establish and conduct their investment businesses there. To know the lowest investment in Dubai for residence, you must first learn about the types of residence in Dubai:
1- The minimum investment in Dubai for residency | Real estate investor
A foreign investor who owns a property or properties in Dubai has the right to apply for golden residency in the Emirates. It has a duration of 5 years, and the investor can renew it if he wishes to do so. Knowing that he must fulfill some conditions related to real estate that allow you to obtain this residency. Among the most important of these conditions we mention the following:
Conditions for obtaining this residency
1- The value of the property or properties owned by the investor must be equal or more than 2 million AED. This is if he wants to obtain golden residency.
2- His property must not be subject to a bank loan. The price of the property must also be within the capital of the investor who directly owns it.
3- Proof of residence in the country, through ownership of a residential property, or also by using a residential lease contract.
4- The property owned by the investor must be fully constructed and ready for delivery.
5- For regular real estate residency, i.e. not golden residency, the price of the property or properties must be equal or more than 1 million AED. Also, the mortgage value must not exceed 50% of the total property price.
2- The minimum investment in Dubai for residency | General investor
As for the general investor, he can also obtain golden residency. In this case, its duration is 10 years, and the investor can renew it if he so desires. Knowing that he must own his own company, or work in a pre-existing company. He must also fulfill the necessary conditions here to obtain this residency. The general investor can obtain a regular residency, not a golden one, for a period of 5 years, and it can be renewed. Of course, he must also adhere to the same conditions.
Conditions for obtaining this residency
1- The presence of an official document from an approved investment fund in the country confirming the existence of a deposit of a specific value in the name of the investor.
2- Obtaining a valid commercial or industrial license along with the company’s articles of incorporation, which shows the size of the value of the invested capital share.
3- Bring a letter from the Federal Tax Authority stating that the investor is an owner or partner in an establishment that pays tax to the government, and his share of the tax contribution is no less than a certain value annually.
3- The minimum investment in Dubai for residency | Entrepreneurs
In addition to the previous categories, the UAE also grants residency to people who own economic projects in Dubai. Or projects of a technical or future nature that depend on creativity, innovation or risk. Here, the duration of this residency is 5 years, and the entrepreneur can renew it if he wishes. He must also fulfill all the necessary conditions here to obtain this residency.
Conditions for obtaining this residency
1- A document from an auditor in the country stating that the value of the project is not less than half a million UAE dirhams.
2- A statement from the competent authorities in the Emirate of Dubai stating that the project is of a technical or futuristic nature in which the concepts of leadership are achieved.
3- An acknowledgment from an accredited business incubator or from the competent authority in the Emirate of Dubai proving that the project is pioneering and of a technical or future nature.
Tdabeer Company..your partner in every investment
Thanks to its distinguished staff, Tdabeer Company works to provide all the necessary facilities and assistance to all investors in Dubai and the Emirates. Among the services we provide are the steps for establishing companies and businesses, assistance in obtaining visas and residency, opening bank accounts, and many others. Contact us through the following links to join our client list, and quickly achieve your investment business in the Emirates with us.
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