October ,2022
Abu Dhabi has become a global business destination that attracts many investors from all over the world. With a stable economy, safe environment, high quality of life, strong infrastructure, and affordable property prices; foreigners relocating to Abu Dhabi are increasing in numbers day after day. For that reason, Abu Dhabi launched a new program called “Thrive in Abu Dhabi” which promotes long-term golden visas for anyone who wants to live, work, or study in Abu Dhabi. There are many types of golden visas such as golden visas for students, specialists, brilliant talents, and investors. In the following lines, we will be covering every detail about the golden visa for investors in specific in Abu Dhabi.
It is a long-term residency visa offered to individuals who invest in Abu Dhabi. What distinguishes this visa is that it is valid for 10 years. The holder of this visa can live, work and can also sponsor his family members in Abu Dhabi. This visa will encourage foreigners to invest more in this emirate.
1- Golden Visa for real estate investors
2- Golden Visa for non-real estate investors
This visa is given to anyone who invests in a property in Abu Dhabi and it is valid for 10 years. It is permitted to sponsor wives, children, and domestic worker.
• Invest in a property with a minimum value of AED 2 million. If the property is mortgaged, the amount of investment must be more than AED 2 million.
• Keep the investment for at least 2 years after issuing the visa.
The following documents are required to obtain this visa:
• The purchase agreement that proves when the property was purchased and its value.
• For mortgaged properties, evidence that proves the status of the mortgage is required.
This visa is given to anyone who invests in companies or non-real estate projects, and it is valid for 10 years. It is permitted to sponsor wives, children, one advisor, one executive director, and also domestic worker, such as nannies or house cleaners.
• Set up your own company or become a partner with an existing company in Abu Dhabi with an investment amount of not less than AED 2 million. In case of choosing to become a partner in an existing company, you must also pay a minimum amount of AED 250,000 per year for 2 years as taxes.
• Or deposit a minimum value of AED 2 million in an Abu Dhabi bank or investment fund account.
• Keep the investment for at least 2 years after the visa issuance.
In case of setting up a company or becoming a partner with an existing company, you should submit the following documents:
• A valid trade license of the company.
• Commercial registration certificate (CRC) that proves the percentage of each investor’s share in the company.
• Tax return form that proves that taxes of at least AED 250,000 for 2 years have been settled.
In case of depositing money in a bank account or in an investment fund account, you should submit the following document:
• A statement released from a national bank or an investment fund in Abu Dhabi that proves the deposit of AED 2 million.
You can apply for this type of visa either by submitting an application at Abu Dhabi Residents Office or online. If you want to know more information about how to apply online, click here.
Take the step and invest in any company or a property in order to obtain the Golden Investor Visa, so you can live and work in Abu Dhabi for a long time. If you want to invest in a property in Abu Dhabi, contact RE/MAX UAE by calling +971 4 589 7376 or contact us here.