Visa support in the UAE

If you plan a short stay in the UAE (30–90 days), citizens of Ukraine and several other countries don't need to apply for a visa in advance. Upon arrival in the Emirates, you must show your passport at the immigration desk (immigration) and get a stamp. That suffices as a free "visa" to stay inside the country. If you are planning a more extended stay to do business or relocate, applying for a resident visa would be more reasonable.

The essence of resident visas

In the UAE, there is no concept of a residence permit. However, there is an analog that is as close as possible to it, allowing a foreigner to stay legally in the country for a long time. This analog is a resident visa. Depending on its type, the length of stay can vary from one to ten years.

Key benefits and features:

• running a business or being employed;
• obtaining the status of a tax resident (subject to compliance with additional conditions);
• opening a bank account;
• rental of housing with the conclusion of a formal contract;
• obtaining a driver's license;
• connection of local mobile communication services.

Residential real estate through investment in housing

Buying real estate is one of the most attractive options for obtaining an analog of a residence permit.

The main conditions for obtaining a visa for three years:

• The minimum purchase amount of a property is AED 750,000 (USD 204,000, JPY 1,300,000);
• The real estate in question must be residential and occupied (buying a building or commercial premises does not give the right to apply for a resident visa);
• To obtain a mortgage in Dubai, you must pay the bank at least AED 750,000 with your funds.

Conditions for obtaining a visa for 5 years:

• Minimum investment amount – in Dubai, according to the Land Department (DLD), the minimum purchase amount for a property to obtain a visa is AED 2,000,000 (about USD 544,000, JPY 4,460,000). A similar amount must be paid in Abu Dhabi.
• In Dubai, the bank must pay AED 2,000,000 of the property's value if the property is under a mortgage. You can buy several properties - the main thing is that the total amount reaches the threshold necessary for applying for a visa.

In Dubai, the conditions for mortgage lending if you are a foreigner are as follows:

• Availability of a resident visa;
• Employment at a local company or at your own company registered in the emirate;
• Down payment of 25% of the value of the property plus all costs associated with the mortgage (approximately 5-7% of the loan amount);
• Applicant's age - from 21 to 65 years. The self-employed have a different age range - up to 70 years;
• Own real estate in the UAE (will be a plus).

10-years visa or "Golden Visa":

• The minimum investment amount is AED 10,000,000 (about USD 2,720,000, JPY 17,400,000);
• Only up to 40% of the amount can be directed to the real estate purchase. The rest must be invested in other areas, e.g., sent to a local investment fund or used to found your own company in the UAE.

Support

You can delegate the visa procedure to the company's specialists. Here you will be helped to prepare the necessary documents, advise on all issues regarding getting an analog of a residence permit in Dubai and other Emirates, and select the most attractive property (from an investment point of view) to generate income.