The right to live in any of the seven emirates of the UAE
A minimum amount of USD 205,000 is required.
Months from submission of the application
Situated along the eastern coast of the Arabian Peninsula, the United Arab Emirates (UAE) is a constitutional federation of seven emirates and a beacon of innovation in the Arab and Islamic world. Known for its opulence, the UAE boasts luxurious hotels like the Emirates Palace in Abu Dhabi and the Burj al Arab in Dubai. It hosts leading arts, film, literature, and food festivals, showcasing its rich cultural heritage. With its strategic geographic positioning, the UAE serves as a gateway to Africa, the Middle East, Asia, and Europe.
Dubai, the UAE’s second-largest emirate, is home to a mix of historic and modern landmarks, including the Dubai Museum, Burj Khalifa, The Dubai Mall, and Palm Jumeirah. It is a bustling international city and a prominent financial and commercial center.
Abu Dhabi, the capital city, features iconic landmarks like the Sheikh Zayed Grand Mosque and Yas WaterWorld. It also boasts the Jebel Hafeet mountain and the Al Ain date palm oasis, recognized by the UN for its cultural and agricultural significance.
The UAE is globally competitive, ranking 9th in the IMD World Competitiveness Ranking for 2021. It is known for its innovation, digitization, welfare benefits, and social cohesion. The country offers a favorable business environment, with a strong GDP and top ratings from credit agencies like Fitch Ratings Inc. and Moody’s. The UAE is among the top 30 countries for ease of doing business, with no personal income, capital, net worth, or withholding taxes for citizens and residents.
The UAE is committed to environmental conservation, with over 5,000 km2 of protected land and a diverse natural environment. The nation is a leader in space innovation, with the Hope probe reaching Mars in 2021 as part of the Emirates Mars Mission. The UAE’s Emirates Lunar Mission aims to send a lunar rover to the moon by 2024, furthering our understanding of space exploration. The UAE’s ambitious goal is to establish the first human settlement on Mars by 2117, showcasing its commitment to innovation and progress.
REAL ESTATE INVESTMENT
IAs part of the application requirements, you must own a property in the UAE worth at least AED 750,000.This investment grants a five-year Golden Visa, renewable by maintaining the investment.
Contribute to Public Investments:
You have three avenues:
– Obtain a letter from an accredited investment fund confirming a deposit of AED 2 million.
– Provide evidence of a valid commercial or industrial license with a memorandum of association showing capital of at least AED 2 million.
– Show proof from the Federal Tax Authority of payments totaling at least AED 250,000. This option awards a 10-year Golden Visa contingent upon providing medical insurance for yourself and family.
Establish a Technical or Future Business Based on Risk and Innovation:
As an entrepreneur, obtain approval letters from:
– A UAE-based auditor validating the project’s value of at least AED 500,000.
– Emirate authorities confirming the project’s technical or futuristic nature.
– An accredited business incubator in the UAE supporting the proposed business activity. This option provides a five-year Golden Visa.
Other Requirements:
Maintain a visit to the UAE every six months.
Phase 1: Client Onboarding & Property Acquisition
Signing with BLS Global partners and sponsors: The process begins with filing the client’s form, which enables us to carry out the initial due diligence. Subsequently, following the successful screening, we provide you with a formal agreement with BLS Global.
Acquiring a property:
BLS Global sponsors and partners helps you search and acquire one or more properties in Dubai valued at over AED 750,000 to 2,000,000. We ensure these properties meet the eligibility criteria for the Golden Visa. You will be connected with reputable real estate agents and consultants to identify suitable properties.
The negotiation of terms and finalization of the purchase agreement will be facilitated.
Phase 2: Golden Visa Issuance
After successfully acquiring the property, BLS Global sponsors and partnersassists in obtaining the title deeds, which serve as proof of ownership. These title deeds are essential for the Golden Visa application process. Upon approval, you will receive your residency visa. Subsequently, your Emirates ID card will be issued within seven to ten days following the visa approval.
Note: The timeframe for the real estate option may vary based on the project, highlighting the importance of selecting a project that can provide the necessary paperwork for the residency application.
Disclaimer: Residency requirements and investment details are subject to change. Please consult with our experts for the latest information.
- Choose an eligible investment option (property, public investments, or establishing a business).
- Complete the investment and gather necessary documentation (such as proof of investment, business setup documents, or property title deeds).
- Submit the application through relevant UAE authorities.
- Await approval and issuance of the Golden Visa.