Latest Visa & Immigration News
Home | News | Latest Visa & Immigration News
Three methods for making non-real estate investments in the UAE to obtain the Golden Visa
February 21, 2024
If you intend to apply for the Golden Visa of the United Arab Emirates as an investor, did you know that you have more possibilities than just real estate investments?
The United Arab Emirates provides a range of categories to investors that qualify for the Golden Visa, including “public investments” and “non-real-estate investors”.
There are three ways to obtain a Golden Visa through investments.
If you fall into any of the following categories as an investor, you may be eligible for a 10-year Golden Visa without the need for a sponsor:
1. Bank deposit
You will need to submit a letter from an investment fund accredited in the UAE stating that you have a deposit of Dh2 million.
2. Company investor
Another option available to you is as a company investor where you would need to submit a valid commercial licence or industrial licence and a memorandum of association (MOA) stating that your capital is not less than Dh2 million.
3. Proof of tax payment
To be eligible for a Golden Visa under this category, you will need to submit a letter from the Federal Tax Authority (FTA) stating that the investor pays the government no less than Dh250,000 annually.
According to the Abu Dhabi Resident Office (ADRO), the applicant is required to provide proof of tax payment for the minimum amount of Dh250,000 per year for two years prior to the application.
ADRO explained that if the investor owns 25 per cent of shares in a company which pays annual taxes amounting to Dh1 million, then the investor needs to provide proof of paying Dh250,000 per year to qualify for the visa.
Also Read:
- Is it possible for me to obtain a golden visa depending on my salary? Here are the requirements for skilled professionals seeking a 10-year UAE visa
- Are Engineers Eligible for the UAE Golden Visa if they make a minimum of Dh30,000 per year?
- UAE’s Corporate Tax: FTA Launches Comprehensive Campaign to Raise Awareness on Corporate Tax Among Businesses
