- Golden Investor Visa
- Types of Golden Investor Visas
- Important Documents
- Applying for Golden Investor Visa
- Benefits of Golden Investor Visa
Foreign nationals can invest in the capital, thanks to the various opportunities offered by the Abu Dhabi government. A number of business investment opportunities are available for foreign nationals who possess the Golden Investor Visa in Abu Dhabi. This visa allows foreign investors and entrepreneurs to invest in existing businesses or set up new companies.
Let’s learn more about the golden investor visa, its types, benefits and application process.
What is the Golden Investor Visa in Abu Dhabi
Individuals investing in already established businesses or those creating a new business in the capital’s mainland or free zones can apply for the Abu Dhabi Golden Investor Visa.
The Golden Investor Visa has a validity of five or ten years. General investors in the capital can apply for a 10-year visa, whereas real estate investors can apply for a 5-year visa in Abu Dhabi.
The long-term visas encourage investors and property owners to invest more in Abu Dhabi.
That said, investors and property owners must meet a certain criterion to become eligible for the 5-year or 10-year investor visa in Abu Dhabi.
Types of Golden Investor Visa
As mentioned above, the golden investor visa for general investors is for a period of 10 years, whereas, the golden investor visa for real estate investors is for 5-years.
Abu Dhabi 10-year golden investor visa
Candidates investing in an already established business or individuals establishing their own business in Abu Dhabi’s free zones are eligible for the 10-year Golden Investor Visa.
The following requirements are necessary to apply for a 10-year Abu Dhabi Golden Investor Visa.
- The individual must deposit AED 2 million in an investment fund or a bank account in Abu Dhabi.
- The applicant needs to either start a company valued at AED 2 million or higher in the capital, or collaborate with an existing or new company by investing at least AED 2 million.
- Additionally, the applicant must either own a company or become a partner in a company that consistently pays federal government taxes of AED 250,000 or more each year.
Other Necessary Requirements
- Interested candidates need to submit official bank statements for the last six months. This bank can be within the UAE or any foreign country.
- The candidate needs to submit a trade licence.
- The candidate needs to submit a tax clearance certificate.
Please note:
- After the Golden Investor Visa is issued, the investor has to retain investments for at least two years.
- With the 10-year golden investor visa, investors can sponsor their spouse(s), children, one advisor and one executive director.
- Moreover, the visa holder can sponsor domestic help. However, this is subject to relevant regulations and may differ from case to case.
Abu Dhabi 5-year golden investor visa
Individuals looking to invest in the real estate market of Abu Dhabi can apply for the 5-year golden investor visa. Let’s go through the eligibility requirements for a 5-year-golden investor visa in the UAE.
- The candidate has to make a real investment with a gross value of AED 2 million or more.
- The minimum investment capital for mortgaged properties in Abu Dhabi must be AED 2 million.
- After the 5-year-golden investment visa is issued, the investment should be maintained for at least 2 years
*Please note: candidates are only allowed a mortgage for property investments that have a worth of more than AED 2 million.
If you’re interested in making an investment in the capital city, go through these properties for sale in the UAE.
Other Necessary Requirements
- For an individual or combined investment profile, the candidate needs to show evidence of a real estate investment valued at AED 2 million or higher.
- Proof of mortgage status (this document specifies if the property is mortgaged or released) is also a necessary requirement.
Please note:
- The 5-year-golden investor visa holder in Abu Dhabi can sponsor their spouse(s) and children.
- They can also sponsor domestic help subject to different regulations and from case to case.
If you wish to invest in the real estate market of the UAE, here is a list of properties for sale in Abu Dhabi.
Important Documents for the 5-year or 10-year Golden Investor Visa
The following documents are necessary to apply for the Golden Investor Visa in Abu Dhabi.
- Proof of investment
- A valid health insurance policy
- Copy of a valid passport
- Coloured photographs
- A copy of the UAE residence visa. Here is how to get residency with property investor visa in the UAE.
- A copy of the Emirates ID
General investors need to submit the following documents for a 10-year golden investor visa:
- Company Valuation Certificate or Business Valuation Certification
- A proof of deposit or proof of investment amount
- Proof of establishing a company or a partnership
- Tax settlement
Real estate investors need to submit the following documents for a 5-year golden investor visa:
- Copy of certificate issued by the concerned real estate entity
- Real estate unit value certificate
- A search certificate or any equivalent certificate issued by the competent body
- A copy of the purchase agreement
- Proof of property purchase
Additional documents that may be required include a report from a certified financial auditor or the real estate registration department to prove your investments or to prove the property or properties are not loaned or mortgaged.
Where to Apply for the Abu Dhabi Golden Investor Visa
You can apply for the 5-year or 10-year golden investor visa in Abu Dhabi through the official website of TAMM. To apply for the 5-year or 10-year golden investor visa in Abu Dhabi through TAMM’s Official Website, you need to:
- Visit TAMM’s official website
- Click on the ‘Visa & Emirates ID’ category
- Click on the ‘Request for Golden Visa Nomination’ option
- You will then be redirected to a new page
- Click on ‘Start’
- Sign in with the UAE Pass
- Upload the required documents
- Proceed to the completion of the process
Once done, it can take around seven days to get a response from the official authorities.
You can also apply via a registered typing centre in Abu Dhabi. The approximate expense for a 5-year or 10-year Abu Dhabi investor visa when processed through a typing centre is as stated below:
- Request fee: AED 100
- Issue fee: AED 1,000
- E-Services fee: AED 28
- ICA fee: AED 22
- Total fee: AED 1,150
*Please note this is an estimated visa cost for the 5- and 10-years Golden Investor Visa validity and can vary on a case-to-case basis.
You can also submit an online application to the Federal Authority for Identity, Citizenship, Customs & Port Security (ICP).
Benefits of Golden Investor Visa in Abu Dhabi
The Golden Investor Visa in Abu Dhabi presents a pathway to remarkable advantages for investors seeking a stable and thriving environment for both business and residence. Offering extended residency options of 5 or 10 years, this visa ensures long-term security and flexibility for investors and their families. Here are the benefits of Abu Dhabi’s golden investor visa in detail:
- The Abu Dhabi Golden Investor Visa encourages foreign nationals to invest in various business opportunities in the capital. If you’re interested, make sure to review these laws for foreigners to buy and sell property in Abu Dhabi.
- Golden visa holders do not need any sponsor or employer
- The visa holders can sponsor their spouse(s), children with no age limit
- The visa holder can sponsor domestic help subject to regulations and on a case-to-case basis
- The long-term visa permits the holders to live and work in the UAE
- There is no limitation period to stay outside of the UAE. To put it simply, the visa will not be cancelled if the visa holder stays outside the UAE for over six months.
That is all about the Golden visa in Abu Dhabi. Abu Dhabi is a hot spot for both locals and visitors looking to invest. Check out this benefits of buying a property in Abu Dhabi as an expat. Also, go through these important rules for buying property in UAE for expats.
Additionally, if you’re in Dubai, we’ve got you covered on buy a property in Dubai as a foreigner.
Stay tuned to dubizzle’s property blog for more on property investment visas, processes and more.
