UAE
Residency in the UAE through Property Purchase
This is not only a promising investment but also access to prestigious schools, first-class medical care, and a stable life. MoveTo is a company that will provide you with professional assistance at every stage, including the selection and purchase of real estate, as well as the preparation and submission of all necessary documents.
Getting Residence Visa for UAE by Purchasing Real Estate: Key Points
Under the UAE legislation, foreign nationals are eligible for a residence visa if they meet the following conditions:
- they invest at least AED 750,000 (about $205,000) in real estate without loans or mortgages.
- the property shall be completed (now under construction) and located in a free zone where foreigners can own it.
The amendments to the law allow for joint ownership of real estate. The latter includes both residential and commercial properties. If a property has several owners, each share shall have a value of at least the specified amount for an owner to be eligible for a resident visa. The term of the resident visa depends on the value of the property.
Required Documents
As of 2024, a package of documents should be prepared to successfully apply for a residence permit in the United Arab Emirates. It includes:
- ownership certificate;
- purchase and sale agreement;
- a copy of a passport;
- medical insurance and medical examination;
- a valid tourist or visitor visa;
- passport-size photographs.
It is important to note that this type of residence visa allows to apply for residence visas for the holder’s family members in the future. Secure a stable and promising future for yourself and your loved ones.
Why Opting for UAE Residence Visa through Real Estate Purchase?
UAE real estate is a profitable investment for you and your family. The UAE is known for its political stability, high level of security, and strong protection of property rights. Moreover, the country has a favorable tax system, which allows investors and businessmen to easily manage their assets.
Experts of the MoveTo company closely monitor all changes in the legislation and have up-to-date information on residence visas of all categories. Cooperation with us is a simple way to obtain a residence permit with a comprehensive approach and support at all stages. Open a new page for your future filled with opportunities for growth, development, and a comfortable lifestyle in a rapidly developing region.
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