How Much Does It Really Cost To Get A Golden Visa In The UAE?

Obtaining a Golden Visa in the UAE is an attractive option for investors, entrepreneurs, and skilled professionals seeking long-term residency in the country. However, the costs associated with securing a Golden visa in UAE can vary significantly depending on various factors such as the applicant’s background, the investment options chosen, and the type of residency permit applied for. It’s important to understand the full scope of expenses involved to make informed decisions.

Investor and real estate costs:

For investors, one of the primary routes to obtaining a Golden Visa is through investment in real estate. UAE government has set a minimum investment amount, which generally starts at AED 2 million for property purchases in select areas. However, additional costs may include transaction fees, registration charges, and property maintenance costs. Depending on the property and location, the overall financial commitment can range from AED 2 million to AED 10 million or more for larger investments in luxury real estate.

Business investment requirements:

Entrepreneurs and investors who wish to start a business or invest in a company may qualify for the Golden Visa through financial contributions to specific sectors. The required investment amount can vary, with minimum investment thresholds typically starting from AED 500,000 to AED 1 million. Additional costs may involve setting up a company, obtaining a trade license, and managing operational expenses. The financial commitment for business owners may also include fees for registering with relevant authorities and obtaining visas for employees.

Professional and talent-based Golden Visas:

For professionals and exceptional talent, the costs of obtaining a Golden Visa are significantly lower. These individuals, such as doctors, engineers, researchers, and scientists, must meet specific criteria based on their qualifications, skills, and work experience. While the initial costs for applying are typically much lower compared to investors, applicants may still incur administrative fees, such as visa application costs and document attestation. Additionally, professionals may need to prove their expertise through certifications or other qualifications, which could involve additional expenses.

Family sponsorship fees:

UAE Golden Visa allows holders to sponsor their family members, which adds an additional cost to the process. For each family member, the applicant may need to pay a visa fee, which typically ranges from AED 1,000 to AED 3,000 per person. Family members include spouses, children, and parents, and the total cost can increase depending on the number of dependents.