UAE Golden Visa: Investors can get long-term residency from real estate developers

UAE Golden Visa: Investors can get long-term residency from real estate developers

UAE - Foreigners investing in property in the UAE can get the coveted Golden Visa directly through real estate developers. According to industry experts, obtaining a long-term residency is simple and straightforward.

When Danube Properties launched its Dh350 million pyramid-shaped Gemz in Al Furjan, the company had offered to process the Golden Visa for investors.

According to Imran Farooq, CEO of Samana Developers, the whole process takes less than two weeks, and all processing fees are paid for by the developer.

"Once clients select a project and a unit, they must transfer money through Escrow. Then, we can register their title deed and apply for the Golden Visa. The applicant must submit documentation, including proof of investment and passport details, to complete the process.

"If they need the Golden Visa for their family, they need to furnish other documents like marriage certificates and birth certificates for their children. If the documentation is in order, the procedure takes very little time. Also, as the developer, we pay all the processing fees."

Real estate investors can obtain long-term residency when purchasing a property worth no less than Dh2 million.

"This move is going to benefit the property market in the UAE immensely," said Imran Farooq. "I already have