UAE residency: Here are various visas you can get after purchasing a property

The United Arab Emirates (UAE) is a popular destination for expats, and there are a number of ways to obtain a residency visa. One popular option is to purchase property in the UAE. There are a variety of visas available to property owners, depending on the value of the property and the location.

You will be Interested on : Residential Visas for UAE

Golden Visa

The Golden Visa is the most popular visa for property owners in the UAE. It offers a five-year residency period, renewable for an unlimited number of times. The Golden Visa also allows the holder to bring their family members to the UAE, and it gives them access to free healthcare and education.

To be eligible for the Golden Visa, you must purchase property worth at least AED 2 million (USD 540,000). The property must be located in a designated area, such as Dubai or Abu Dhabi. You must also have a passport that is still valid with no criminal record.

Keep reading : UAE Visa Services

Property Investor Residence Visa

The Property Investor Residence Visa is a two-year visa that is renewable for an additional two years. It is available to individuals who purchase property worth at least AED 750,000 (USD 200,000). The property must be located in a designated area, such as Dubai or Abu Dhabi. You also need a valid passport and no criminal record.

You will be Interested on : How to Apply for Dubai VISA

Other Visas

There are a number of other visas available to property owners in the UAE. These include the:

• Investor Visa: This visa is available to individuals who invest at least AED 10 million (USD 2.7 million) in the UAE economy.
• Retirement Visa: This visa is available to individuals who are at least 60 years old and have a monthly income of at least AED 20,000 (USD 5,400).
• Student Visa: This visa is available to students who are enrolled in a full-time course at a UAE university or college.

If you are interested in obtaining a residency visa in the UAE, you should contact a UAE immigration lawyer. They can help you determine which visa is right for you and guide you through the application process.

Keep reading : Dubai Residence VISA Needs

Here are some of the benefits of obtaining a residency visa in the UAE:

• Being able to work and live in the UAE
• The ability to bring your family members to the UAE
• Access to free healthcare and education
• The ability to travel freely within the GCC (Gulf Cooperation Council) countries

If you are considering purchasing property in the UAE, it is important to keep in mind the residency requirements. By purchasing property in the UAE, you can gain access to a number of benefits and opportunities.

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