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Acquire an investor visa to afford the various benefits it offers
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The Dubai Investor Visa, also known as the Dubai Partner Visa, is for foreigners who want to invest in the United Arab Emirates. The bearer of an investor visa has the right to live in the UAE and come and go as they please for the duration of the visa. A person with an Investor Visa becomes a UAE tax resident and is not taxable in their home country, but this is subject to the investor’s home country’s rules. They can also register for an Emirates ID card, open a bank account, get a UAE driver’s license, sign up for Etisalat or Du mobile and home packages, and a variety of other services.
The Dubai Investor Visa can be obtained in four different ways: residential property investment, business investment, long-term residence, and retirement.
Individuals who choose to invest in residential property worth AED 1 million or more, with a maximum of 50% of the property value under mortgage, are eligible for the visa by investment in residential property. If each individual’s stake in a jointly owned property is valued at least AED 1 million, they are qualified to apply.
The retirement visa category was created specifically for investors over 55 who want to retire in the UAE. Individuals who invest in a property worth AED 2 million, have acquired funds worth AED 1 million, or have an active monthly income of at least AED 20,000 are eligible for this 5-year visa.