Introduction:
In 2019, the UAE introduced a new system for long-term visas, offering foreigners the opportunity to live, work, study, and invest in the country without the need for a national sponsor. Among the prominent visas under this system is the 2-Year Investor Property Visa, granting holders unlimited entry into the UAE with a minimum investment of AED 750,000.
Requirements for a 2-Year Investor Property Visa: To qualify for the 2-Year Investor Property Visa, applicants must meet certain criteria:
Property Ownership: Applicants must own a property in the UAE worth at least AED 750,000. If the property is mortgaged, additional documentation is required, including a NOC from the bank or developer, along with a mortgage statement specifying the paid and remaining amounts.
Documentation: Applicants need to provide clear copies of their passport (valid for at least 6 months), old Emirates ID (if applicable), and a high-quality digital photo that meets ICP specifications. Health insurance from any UAE insurance company is also mandatory.
Additional Requirements: Depending on the applicant’s country of origin, a national ID may be required. Additionally, applicants must ensure that their name on the title deed matches their passport.
Benefits of the 2-Year Investor Property Visa:
The 2-Year Investor Property Visa offers numerous advantages:
Residency in the UAE: Holders can live in the UAE and enjoy its favorable weather and high standard of living.
Tax Benefits: The UAE has no direct personal taxes, offering significant savings for investors.
Investment Opportunities: With a business-friendly environment and strong legislation, the UAE provides lucrative investment opportunities.
Application Process:
Applying for the 2-Year Investor Property Visa is straightforward:
Document Verification: Ensure all required documents are in order and submit them for verification to the designated email address.
Online Application: Complete the online application process or contact the DLD Cube Center for assistance.
Assistance: For further information or assistance, applicants can contact the DLD Cube Center via phone or email.
Conclusion:
The 2-Year Investor Property Visa in the UAE is an attractive option for investors seeking residency and investment opportunities in the country. With minimal requirements and a straightforward application process, obtaining this visa opens doors to a host of benefits, including tax savings and access to a thriving business environment.