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Can I change my current visa to the 10-year golden visa if I own a property?

Hello,

For one year I have had a 5-year visa (I have to be in the UAE every 180 days) under the old visa rules as I bought a property for AED 11,000,000 last year.

Can I change my current visa to the 10-year golden visa (which lets you be absent from the UAE for longer than 180 consecutive days)?

Because the new rules state that the property has to be AED 2,000,000 for the golden visa.

Rashid Saif Advocates & Legal Consultancy
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5 Dec 2022, 12:54

Hello,

Apart from the 2 million property valuation, there are rules like constant income, etc. which you have to qualify to.

Please call or email us.

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Khalifa Bin Huwaidan Advocates & Legal Consultants
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7 Dec 2022, 09:45

Dear,

Yes, you may apply for the Golden Visa as real estate investors who have invested over AED 2 million are eligible.

You should obtain a letter from the land department of the respective emirate stating that you own one or more properties with a value of not less than 2 million dirhams.

Regards,

KHA Advocates

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