What is a real estate investor residency? A real estate investor residency is one of the basic procedures needed by individuals and companies wishing to invest in the real estate sector. It grants foreign investors legal residency in the country in which they intend to invest, allowing them to practice real estate activities with ease and without restrictions. This residency is one of the most important incentives provided by countries to attract foreign investments and enhance local economic growth. The conditions and requirements for obtaining a real estate investor residency vary from one country to another, but they often include specific financial investments, legal and administrative requirements. In this article, we will discuss the importance of a real estate investor residency , its basic requirements, and how to obtain it in leading countries in this field, with a focus on the laws and regulations that affect real estate investors.

What is the residence of the real estate investor?

What is meant by the real estate investor residence system in Dubai?

Dubai Real Estate Investor Residency Scheme is a program that aims to attract foreign investment in the real estate sector by granting investors legal residency in the emirate to establish a company in Dubai for foreigners . This system allows foreign investors to own properties and benefit from investment opportunities in Dubai without the need for a permanent presence in the country. The main features of Dubai Real Estate Investor Residency Scheme include:

1. Residence period: Residence can be long-term, usually valid for 3 to 10 years, depending on the value of the real estate investments.
2. Required Investment: The scheme requires investors to purchase a property or a group of properties of a specified value (which may vary based on policy updates). This investment must be in approved projects in the specified areas.
3. Benefits: It gives investors the freedom to own full properties, as well as enjoy all residency and work rights in Dubai. The investor’s family members can also obtain residence visas.
4. Requirements : Investors must submit documents proving their ownership of the properties, and submit an application for residency through the relevant authorities in Dubai, such as the Real Estate Regulatory Authority or the General Directorate of Residency and Foreigners Affairs.

The Real Estate Investor Residence System reflects Dubai’s efforts to boost economic growth and attract global investments, and provides foreign investors with significant opportunities in the emirate’s thriving real estate market.

Real estate residency conditions in Dubai

The conditions for a real estate investor’s residency to establish companies in Dubai include a set of requirements that must be met to ensure that the investor is qualified to obtain residency. These conditions include:

1. Real Estate Investment: The investor must purchase a property or a group of properties with a specified value that meets the minimum required amount set by the local authorities. This amount may vary based on policy updates.
2. Property Location: The property must be in a project approved by the relevant authorities in Dubai, usually in specific areas that encourage investment.
3. Payment of the property value: The investor must provide evidence of payment of the property value in full or in large part, through documents proving the payment process.
4. Personal Documents: Personal documents including passport, passport photos, identification documents, and birth or marriage certificates if family members are included in the application must be submitted.
5. Financial Verification: The system may require the submission of financial statements proving the ability to invest and proving the sources of funds used to purchase the property.
6. Legal Obligations: The investor must comply with all local laws and regulations related to real estate investment and residence in Dubai.
7. Application and procedures: Submit an application for residency through the relevant authorities such as the Real Estate Regulatory Authority or the General Directorate of Residency and Foreigners Affairs, and complete the required procedures such as medical examinations and health insurance.

These conditions help ensure that investors comply with local laws and enhance the investment environment in Dubai, contributing to economic growth and the development of the real estate sector.

Steps to obtain a Dubai investor visa

To obtain an investor visa in Dubai to establish a company in Dubai , a set of systematic steps must be followed to ensure that the application is submitted correctly and all requirements are met. Here are the steps to obtain an investor visa in Dubai:

Prepare the required documents:

Original passport and a copy. Recent personal photos. Property purchase contract or property ownership certificate. Documents proving payment of the property value (if payment has been made in full). Financial statements demonstrating investment ability. Personal identification documents. Eligibility
verification: Ensure that the property complies with Dubai’s approved investment criteria. Verify the property value according to the minimum required by the authorities.

Submit application:

Submit an investor visa application through the website of the relevant authority or through approved service centers such as the “Tahseel” Center or the customer service centers of the General Directorate of Residency and Foreigners Affairs. Fill out the visa application form and submit the required documents.
Pay the required application and visa fees. Fees vary depending on the duration of the visa and the type of investment.

Passing medical examinations

Undergoing the necessary medical tests, which usually include HIV testing and other tests as required. Providing a health insurance policy covering the period of stay in Dubai, as investors are required to obtain approved health insurance. Approval and receipt of the visa After reviewing the application and documents, the competent authorities will issue the visa if all requirements are met. Receive the investor visa from the entity through which you submitted the application.

Property registration

In some cases, the property may need to be registered with the Real Estate Regulatory Authority or the real estate authority to ensure legal updates. By following these steps, foreign investors can obtain an investor visa in Dubai and benefit from investment opportunities in the emirate’s booming real estate market.

Advantages of real estate investor residence

The real estate investor residence provides a range of advantages that make it attractive for foreign investment in Dubai . The most prominent of these advantages are:

1. Full Ownership: The Real Estate Investor Residency Scheme allows foreigners to fully own real estate, providing opportunities for long-term investment in the growing real estate market.
2. Long-term residency: The residency provides investors with a long-term period of up to 3 or 10 years, depending on the value of the investment, giving them long-term stability in Dubai.
3. Take advantage of Dubai’s advantages: Take advantage of all the advantages that Dubai has to offer such as modern infrastructure, dynamic business environment, and tourism facilities.
4. Ease of movement: The residence makes it easier for investors to move within and outside Dubai, and allows them to enter the Emirates and neighboring areas without restrictions.
5. Family Opportunities: Family members of the investor can obtain residence visas, allowing them to live and work in Dubai as well.
6. Benefit from the financial and commercial system: Benefit from the advanced financial system in Dubai, and the commercial facilities that support growth and investment in the real estate market.
7. Tax exemptions: Investors may enjoy tax exemptions or tax-related facilities, which enhances the feasibility of the investment.
8. Investment Protection: The residency system provides legal protection for their real estate investments, enhancing the security and confidence in their investment.
9. Benefit from real estate opportunities: Investors have access to diverse real estate opportunities in residential and commercial projects in Dubai, providing them with multiple options for expansion and growth.

Dubai real estate investor residency is a valuable opportunity to attract foreign investment and enhance stability and prosperity in the emirate’s thriving real estate market.

In conclusion, the Real Estate Investor Residency is an effective tool to attract foreign investment and boost economic activity in Dubai . This residency provides foreign investors with an exceptional opportunity to invest in a thriving real estate market, with many benefits such as full ownership of properties, long-term residency, and family and financial facilities. By offering these incentives, Dubai seeks to attract investors and enhance its position as a preferred destination for global investment. The Real Estate Investor Residency contributes to enhancing economic growth and providing a stable and attractive business environment, reflecting Dubai’s commitment to providing distinguished investment opportunities that meet the aspirations of foreign investors and support their success in the real estate market.