UAE Golden Visa: What is Golden Visa Program, how will Indian investors benefit in Dubai

UAE Golden Visa: The UAE introduced the Golden Visa in the year 2019. The main objective of introducing this visa was to attract foreign investors.

Through the Golden Visa, Indian investors can not only invest in property in major cities of UAE including Dubai, but can also take full advantage of long term residence in the UAE. This visa is not a visa. The UAE issues this Golden Visa mainly to investors, entrepreneurs, researchers and influential students. With this visa, you can stay in the UAE for 5 or 10 years, which can also be renewed later.

What is the eligibility for Golden Visa

If you invest in an investment fund, you can be granted a Golden Visa for 10 years without a sponsor. Provided, you have to issue a letter from a recognized investment fund in the UAE stating that you have a deposit of 2 million dirhams (AED 2 Million), or submit a valid commercial license or industrial license and a memorandum of association stating that your capital is 2 million dirhams or more.

Minimum down payment requirement of AED 1 million for real estate investment abolished
In early 2024, the UAE government made a major and significant change to the Golden Visa program. The government abolished the minimum down payment requirement of AED 1 million for real estate investments. This move by the government has made it even easier for Indians to invest in the UAE, especially for investors who want to invest in off-plan real estate.

There is no tax on income in UAE

Let us tell you that, given Dubai’s world class infrastructure and immense earning opportunities, there is a tremendous increase in property as well as rent here. Therefore, this is a golden opportunity for Indian investors. Let us tell you that, there is no tax of any kind on income in UAE. This is the reason why the number of foreign businessmen, entrepreneurs and investors is increasing rapidly in the entire UAE including Dubai.

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