Purchasing real estate in Abu Dhabi for AED 2M (USD 545K) or higher qualifies the investor for a 10-year Golden Visa. This visa allows the holder to sponsor:
- children of any age;
- both the visa holder’s parents and the parents of their spouse;
- domestic staff.
Note! If the property is jointly owned, each owner is entitled to receive a visa provided their share isn’t less than AED 2M (USD 545K). If the property is jointly owned by a spousal couple, then either one of them can apply for the visa and legally support the other.
Also announced and in the works of being implemented, for the benefit of investors in off-plan properties, is to be able to receive the Golden Visa by paying the developer at least AED 2M (USD 545K). If the property is purchased with a mortgage, then the sales contract, proof of title, and a valid document/copy of the agreement from the bank must be presented.
Metropolitan Capital Real Estate agents will help you choose and buy the most suitable property in Abu-Dhabi for you to receive the 10-year investor visa.
Important! After receiving the UAE residence visa, visa holders must apply for medical insurance for themselves and their dependents. This is overseen by the Abu Dhabi Health Authority (HAAD) in the capital of the UAE. Medical insurance costs are calculated on an individual basis. Fines are implemented if a visa holder is caught without insurance. Metropolitan Consulting does not take responsibility for those who refuse to take out an insurance policy or renew it once yearly.