SUPPORT WITH INVESTMENTS & GOLDEN VISA
1. Investments in Dubai
Why Invest in Dubai?
- No Personal Income Tax: Dubai offers a tax-free income environment for individuals, making it appealing for foreign investors.
- Strategic Location: Dubai is a major global hub, connecting the East and West with its world-class infrastructure and logistics.
- Economic Stability: Dubai has a stable economy and a robust business environment, supported by its diversification from oil to sectors like real estate, tourism, finance, and technology.
- Real Estate Market: The property sector remains one of the most popular investment options in Dubai, with opportunities in residential, commercial, and luxury properties.
- Innovation and Growth: Dubai is known for its forward-thinking approach, including smart city initiatives, renewable energy, and technology-driven solutions.
Investment Opportunities
1. Real Estate:
- Residential Properties: Dubai’s real estate market offers high rental yields, with annual returns often ranging between 5-9%. Popular areas include Downtown Dubai, Dubai Marina, Jumeirah Village Circle (JVC), and Palm Jumeirah.
- Commercial Properties: Office spaces and retail units can provide stable rental income, especially in free zones like Dubai International Financial Centre (DIFC) and Dubai Media City.
- Off-Plan Properties: Investing in off-plan developments (before they are constructed) can yield significant returns, often at lower initial prices compared to completed projects.
2. Stocks and Bonds:
- Dubai’s stock exchange, the Dubai Financial Market (DFM), allows investment in a range of sectors, including banking, real estate, and telecommunications.
- Government bonds and corporate bonds in Dubai can offer lower-risk investment options with moderate returns.
3. Business Startups:
- Dubai has several free zones (e.g., DMCC, JAFZA, TECOM) offering 100% foreign ownership, no corporate taxes, and full repatriation of profits. Each free zone caters to specific industries, making it easier to set up sector-specific businesses.
4. Tourism and Hospitality:
- With Dubai’s focus on tourism (Expo 2020, luxury hotels, and attractions), investments in the hospitality industry—such as hotels, vacation rentals, or travel-related businesses—can be lucrative.
5. Cryptocurrency and Blockchain:
- Dubai is positioning itself as a global hub for blockchain and cryptocurrency technologies, creating opportunities for investors in fintech and digital assets.
2. Dubai Golden Visa
The Dubai Golden Visa is part of the UAE’s long-term residence visa program, allowing investors, entrepreneurs, skilled professionals, and special talents to live in Dubai for up to 10 years. This visa has been designed to attract foreign investors and high-net-worth individuals to the UAE.
Eligibility Criteria for the Golden Visa
1. Investors:
- Real Estate Investors: A minimum property investment of AED 2 million (approximately $545,000) is required. The property must be retained for a specified period, and loans are allowed under certain conditions.
- Other Investors: An investment of AED 10 million ($2.7 million) in UAE-based businesses or government-approved funds can qualify you for the visa.
2. Entrepreneurs:
- Individuals with a successful startup or those planning to set up a business with a minimum capital of AED 500,000.
- Founders of recognised projects or approved business incubators also qualify.
3. Specialised Talents:
- Scientists, researchers, doctors, engineers, and other highly skilled professionals may qualify for the Golden Visa based on their expertise and contributions to their field. Special categories include holders of PhDs and professionals with significant achievements in science, technology, or arts.
4. Outstanding Students and Graduates:
- Exceptional students from UAE universities or top universities abroad, as well as those who have achieved notable academic results, may be eligible for a 5-year Golden Visa.
Key Benefits of the Dubai Golden Visa:
- Long-Term Residence: The visa can be issued for 5 or 10 years, with automatic renewal.
- 100% Business Ownership: Visa holders are allowed 100% ownership of their businesses in Dubai and other parts of the UAE without the need for a local partner.
- Family Inclusion: The visa covers the main applicant, their spouse, and children. Additionally, family members can stay in the UAE even if the primary visa holder passes away.
- No Exit Restrictions: Golden Visa holders can maintain their residency without needing to stay in the UAE continuously. Long absences from the country do not affect the validity of the visa.
Application Process for the Golden Visa:
- Step 1: Determine eligibility (based on investment or professional achievements).
- Step 2: Submit the necessary documents, including proof of investment, business registration, or professional qualifications.
- Step 3: The application is reviewed by relevant government authorities.
- Step 4: Once approved, the visa is issued, and you receive a residency card.
Conclusion
Whether you’re looking to invest in Dubai’s booming real estate market, start a business in one of its many free zones, or obtain a long-term residency through the Dubai Golden Visa, there are numerous opportunities.
With its business-friendly environment, no personal income taxes, and strategic location, Dubai is THE prime choice for investors and expatriates alike.
Contact GoGold to discuss your personal requirements and we will be happy to guide and direct you as appropriate.