Golden Visas: Empowering Dubai's Real Estate Market
The UAE's
have emerged as a significant factor influencing the growth of Dubai's property market. These long-term residency permits, introduced to attract skilled professionals, investors, and talents, are driving substantial investment into the region's real estate sector. According to Rizwan Sajan, chairman of Danube Properties, professionals with 10-year residency permits are pivotal in this expansion.
Investment Thresholds and Eligibility
Golden Visa holders are required to make substantial investments to qualify. The minimum investment for real estate eligibility is AED 2 million (approximately USD 545,000). This investment must be maintained over a specified period to retain the visa's benefits. The program targets not only property investors but also medical professionals and other skilled workers who are choosing to settle in Dubai for career and retirement purposes.
Benefits of the Golden Visa
These visas offer a plethora of advantages, including the ability to live, work, and study in the UAE without the need for a local sponsor. They also allow holders to bring their families, including spouses, children, and parents, fostering a stable living environment. Additionally, the absence of personal income tax makes the UAE an attractive destination for long-term residency.
Current Policy and Program Status
As of 2025, the UAE's Golden Visa program remains active and has been expanded to include a broader range of eligible categories. This expansion aligns with government efforts to promote long-term residency and enhance the country's appeal to global talents and investors. Despite the impressive figure of 158,000 Golden Visas issued in 2023, these numbers underscore the program's success in attracting international interest.
Conclusion: A Strategic Move for Dubai
The strategic introduction of the Golden Visa program continues to bolster Dubai's property market, attracting a diverse pool of investors and professionals. This initiative not only fuels economic growth but also solidifies Dubai's position as a global hub for innovation and luxury living.
Additional Insights on Regulatory Changes
In parallel with the Golden Visa program, the UAE has introduced new regulations requiring influencers to obtain advertiser permits for promotional content. This move, aimed at regulating the media landscape, further underscores the UAE's commitment to maintaining a balanced and professional environment for economic activities.