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Portugal Residency by Investment | Savory & Partners

program

United Arab Emirates Residency by Investment

The Program Benefits Costs Program process Visa free countries Country Info

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Program Overview

Minimum Investment

AED 10,000,000 Investment Funds

Minimum Investment

AED 2,000,000 Real Estate

Time to Residency

1-3 Months

Visa Free Access

1 Countries & Territories

Dubai Golden Visa Requirements

To promote foreign investment and to ensure a tax-free environment. In 2019, Dubai has designed a unique program for international investors, which permits them to stay in Dubai legally and build a secure future for their families as well as their businesses.

The Dubai Golden Visa is one program that has been recently launched to help attract and retain top talents across numerous sectors. This program allows investors, entrepreneurs, business owners, professionals, and specialized talents to apply.

With a Dubai Golden Visa, foreigners can live, work, and study in the UAE without the need of a national sponsor and maintain 100% ownership of their businesses on the country’s mainland.

Main Applicant Requirements

No criminal record
Good health
Minimum income of AED 30,000 per month
Maintain the investment for a minimum of 3 years

Dubai Golden Visa Benefits

Straightforward process

Designed to be a smooth and straightforward process with a timeframe of 1-3 months to your residency.

Health & Education

World-class health services and high standard education opportunities for you and your family.

Minimal residency required

You are required to visit only once every 6 months.

Business & Investment

You and your family will be authorized to work at any company in the UAE in any job function.

UNITED ARAB EMIRATES | Residency by Investment

Legal Basis

Costs of Dubai Golden Visa

1) Property Investment – 10 years (Golden Visa)

The property in Dubai must be worth at least 2 million AED (545,000 USD). Multiple properties under the applicant's name will be accepted (valuation not accepted). If the property is mortgaged or on an installment plan with a bank or developer, the amount paid must be at least 545,000 USD of the property's worth. To proceed with the visa application and mortgage statement, a NOC letter from the mortgage bank stating the amount paid is required. Other emirates and DIFCA are not accepted.

Minimum investment

USD 545,000

Government fees - 10 year visa issue fee

USD 2,750

Government fees - 10 year visa renewal

USD 2,600

Government fees - 10 year visa cancellation

USD 55

Family visa government fees - New dependent above 18

USD 1,560

Family visa government fees - New dependent below 18

USD 1,800

Family visa government fees - 10 year new Parent Visa

USD 1,600

Family visa government fees - 10 year Parent Visa renewal

USD 1,500

Dependent or parent visa cancellation

USD 150

2) Property Investment – 5 years (Retiree Visa)

To be eligible for the visa, the property in Dubai must have a minimum value of 1 million AED as stated on the title deed. Please note that properties from other emirates and DIFCA are not accepted.

Minimum investment

USD 272,300

Government fees - 5 year retirement visa issue fee

USD 2,000

Government fees - 5 year retirement visa renewal

USD 1,800

Government fees - 5 year retirement visa cancellation

USD 55

Family visa government fees - New dependent above 18

USD 1,300

Family visa government fees - New dependent below 18

USD 1,100

Family visa government fees - 5 years new Parent Visa

USD 1,300

Family visa government fees - 5 years renew Parent Visa

USD 1,200

Dependent or parent visa cancellation

USD 150

3) Property Investor Visa – 2 years

To be eligible for the visa, you must own a property in the UAE that is valued at a minimum of AED 750,000. If the property is mortgaged, you will need to provide a NOC (No Objection Certificate) from the bank or developer, as well as the property mortgage statement. The NOC should specify the total amount paid so far and the remaining amount.

Minimum investment

205,000 USD

Government fees - 2 year visa issue fee

USD 2,800

Government fees - 2 year visa renewal

USD 2,200

Government fees - 2 year visa cancellation

USD 260

Family visa government fees - New dependent above 18

USD 2,000

Family visa government fees - Dependent above 18 visa renewal

USD 1,500

Family visa government fees - New dependent below 18

USD 1,800

Family visa government fees - Dependent below 18 visa renewal

USD 1,300

Family visa government fees - 1 year new Parent Visa

USD 2,450

Dependent or parent visa cancellation

USD 150

Application Process For Dubai Golden Visa

The expected timeframe for the application process is 1-3 months. The first stage of the document collection can differ in length depending on the applicant’s ability to gather the documents. Our team guides this process with samples and best practice advice. The reviewal stage is subject to the respective Government schedule and can be impacted by factors which we, as authorised agents have no control over. Savory and Partners collaborates with the Government throughout the entire process, and we aim to provide the quickest and smoothest experience for the applicant.

Application Process

1-3 months

*Sample of Residence Visa document

Step 1
Savory and Partners will pre-screen your passport for government pre-approval. The response is in 24-48 hours. A down-payment of the professional fees is required to start your application process.
Step 2
Savory and Partners' professional team will assist and advise you with the collection of the documents required according to the Government checklist.
Step 3
An application for nomination is submitted. Once the applicant is nominated, the visa application is submitted.
Step 4
The government will review the application within 30 days and will notify the applicant of the outcome by email.
Step 5
The applicants visa is issued and can be collected at the General Directorate of Residency and Foreigners Affairs.

PORTUGAL | RESIDENCY BY INVESTMENT

READY TO APPLY?

Visa-free Countries for United Arab Emirates Residency

With the United Arab Emirates Residency, you can travel freely to the UAE.

Visa-free and visa-on-arrival countries

1 Countries & Territories

With the United Arab Emirates Residency you can travel to the following countries:

United Arab Emirates

Client Success Stories

Success Stories - A safe and bright future

The problem

Our Indian client, a business owner and single parent was looking for long-term residency in a country that would ensure quality education and safety for his daughter. With a successful business set-up in his home country, he could not consider relocating as it would limit his growth opportunities. At the same time, he wanted to secure a bright future for his daughter ensuring world-class education but was also wary about her well-being and safety. Above all, recently divorced, it was challenging for the client to procure documents for his daughter.

The solution

When the client approached Savory & Partners, we considered the many sentiments involved including that of a father, a dedicated businessman and a single parent. We understood his requirement and prepared a strategy that would not only serve his personal life positively but would see his business grow by leaps.

We recommended Portugal, not just for the simplicity of obtaining a residence permit but its exceptional education system and healthcare. Portugal is known for its outstanding higher education institutions.

Portugal has a lot of different immigration options available. The passive income - the D7 visa, the newly christened Digital Nomad Visa and the option that is tailor-made for businessowners - the Portuguese D2 visa.

Our client could fulfill his residency requirements while also maintaining an active management role in his company without worrying about spending too much time outside of Portugal.

With residential flexibility of the Golden Visa, his daughter could relocate to Portugal immediately and he could fulfil his residency requirements while also maintaining an active management role in his company back home without worrying about spending too much time outside of Portugal. As of 2021, Portugal is globally ranked in the top ten in terms of ease of registering a company. Meaning our client would not only go ahead and bring his existing business to Portugal but could venture into new business opportunities across Europe.

Approaching Savory & Partners to undertake his residency application ensured that the client would have all the necessary documents for himself and his daughter ready on time. Our agents oversaw that all requirements for a successful due diligence were also fulfilled.

Download brochure

Content

United Arab Emirates Country profile
Benefits of the program
Investment requirements
Investment process

Length

4 pages

Language

English & Arabic

size

1 mb

ABOUT UNITED ARAB EMIRATES

CAPITAL

Abu Dhabi

TOTAL AREA

83,600 km²

POPULATION

9.89 million

LANGUAGE(S)

Arabic

CURRENCY

United Arab Emirates Dirham (AED)

EXCHANGE RATE

1 USD = 3.67 AED

GDP – PER CAPITA (2022)

USD 53,707

GDP – TOTAL (2022)

USD 965.6 million

About the United Arab Emirates

After experiencing an oil and real-estate boom, Dubai is now recognized as the financial capital of the United Arab Emirates (UAE). It is one of the emerging countries, at the forefront as one of the new “lands of opportunities”, and in the present world, which is globalized and multicultural, Dubai is perfectly suited to succeed.

As a result of its colossal achievements including the tallest building in the world, the largest man-made archipelago in the world among many other monumental achievements, Dubai is now seen as the most cosmopolitan city in the world with 90% of its residents being foreign.

Dubai’s economy has expanded at a rapid pace, thanks to Expo 2020, and is expected to expand even faster in 2022.

Transformation into a Metropolis

The favourable business environment created by one of the world’s fastest-growing economies combined with the government’s decades-long market-friendly policies has helped to establish Dubai as the business, finance, and commercial centre of the region.

According to Dubai Chambers, the economy is expected to see sustained economic growth of 4.2% in 2022, accelerating from last year’s 2.1% growth, based both on a positive outlook for tourism and retail activity in the coming years.

The non-oil real gross domestic product (GDP) is expected to increase by 3.9% in the next few years. This is being attributed to an increase in public spending, a strong economy, higher employment, and a better business climate due to EXPO 2020.

Since the costs related to doing business are relatively low in Dubai as a result of its strategic location, it serves as the biggest re-exporting hub in the Middle East. Those businesses seeking new ways to accelerate their growth will be able to get a benefit from the assistance of Dubai in setting up and scaling up their operations.