The UAE Federal Authority for Identity, Nationality, Customs and Port Security (ICP) announced the launch of the One Touch Golden Visa comprehensive service.
For those eligible, the application for a Golden Visa has been made easier and can be accessed through the ICP website.
The announcement was made via a post on the official Instagram account of the ICP.
Last week, Arabian Business reported the boom in UAE Golden Visas are in increased demand as the Dubai real estate market continues on a steep upward trend. One of the ways for an individual to obtain a Golden Visa is through property investment.
The programme has proved to be highly popular. In November, sources revealed that over 100,000 Golden Visas had been issued, a 35 percent increase from 2022.
Here’s how you can apply for a Golden Visa through property investment:
Dubai Land Department
Real estate investors can apply for a Golden Visa through the Dubai Land Department (DLD).
Step 1: The customer visits one of DLD’s Service Centres
Step 2: The customer submits required documents and pays fees
Step 3: The medical examination is conducted in the centre
Step 4: Visa stamping on the passport
Required documents:
- Passport
- Availability of an electronic copy of the title deed certificate
- Personal photo
- Valid health insurance
- Original Emirates ID
Investment terms
Investor visa 10 years:
- Minimum AED2 million value property or owned share (one property or more) under the applicant’s name
- In case the property is mortgaged, at least AED2 million of property value must be paid to the bank. A NOC letter and paid amount letter are also required in this case.
- Husband and wife can share in one property, but a marriage certificate is required.
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