Master prompt
Golden Visa investor track — AED 2M property route
Federal Authority Golden Visa under property investment route: AED 2M completed property or in-progress with bank financing.
UAEGolden Visa10-yearPropertyInvestorAED 2M
Build a UAE Golden Visa (property investor route) strategy for [CLIENT_NAME] purchasing AED [PROPERTY_VALUE_AED] property in [PROPERTY_LOCATION] via [FINANCING]. Family to sponsor: Spouse + children. §1 — GOLDEN VISA OVERVIEW (90-110 words) Federal long-term residence permit introduced under Cabinet Resolution No. 56 of 2018, expanded under Cabinet Resolution No. 65 of 2020, restructured under Federal Decree-Law No. 29 of 2021 + Cabinet Resolution No. 65 of 2022. Key features: • 10-year residence permit (initially 5 years; standardised to 10 years for most categories under 2022 reform) • Renewable indefinitely on continued eligibility • Self-sponsored — no employer / national sponsor required • 6-month entry permit allows arrival + status conversion • Multiple-entry; no minimum stay requirement (vs old residency rules requiring 180-day presence to avoid cancellation) • Family sponsorship: spouse + children + parents (no age cap for daughters; sons sponsored up to 25 if students) §2 — PROPERTY INVESTOR ELIGIBILITY (110-140 words) Cabinet Resolution 65/2022 + Land Department guidelines. Eligibility: • Property value AED 2,000,000 minimum (verified by Dubai Land Department / AD Department of Municipalities + Transport valuation OR purchase price whichever lower) • Property must be RESIDENTIAL or COMMERCIAL • Free zone properties (e.g. DIFC, ADGM residential) qualify • Completed properties: free + clear title OR mortgaged with AED 2M+ paid down • Off-plan: AED 2M+ paid to developer with registered Oqood (Dubai) or equivalent title pre-registration Mortgage allowed: • AED 2M minimum equity (down payment + principal repaid) • Bank mortgage from UAE-licensed bank only • Mortgage value capped at LTV per UAE Central Bank rules §3 — DOCUMENT PACKAGE (90-110 words) • Passport bio page + visa pages • Photo (white background) • Title deed (Tabu / Oqood / equivalent) confirming AED [PROPERTY_VALUE_AED] • Land Department valuation certificate (if requested by ICP) • Bank statement showing source of funds • For mortgaged property: mortgage agreement + bank statement + repayment record • For off-plan: developer SPA + payment receipts + Oqood registration • Health insurance valid in UAE • Police certificate from country of residence (India + UAE if resident here) • For Indian-cohort: source-of-funds documentation under FEMA-LRS (USD 250k/year × multiple years if needed) + Form A2 / outward remittance reports • Medical fitness test (post-arrival) • Application fee + Emirates ID + insurance fees §4 — FAMILY SPONSORSHIP UNDER GOLDEN VISA (90-110 words) Golden Visa holder may sponsor: • Spouse (1 — UAE follows Islamic family law for multiple-wife sponsorship — most Indian applicants single-spouse) • Unmarried children (sons up to 25 if students; daughters indefinitely until married) • Parents (subject to income + accommodation thresholds — health insurance mandatory) • Domestic workers (separate sub-application) Family residence permits issued for 5-10 years matching primary holder. Children retain status independently if studying. No minimum stay requirement for family — they may live abroad while retaining residency, useful for Indian-cohort families splitting time between India + UAE. §5 — APPLICATION PROCESS (60-80 words) • Apply via ICP smart services portal (icp.gov.ae) OR GDRFA Dubai • Pre-approval issued (entry permit) for non-residents • Status change for existing UAE residents — no need to exit • Processing: 7-15 business days typical • Fees: AED 2,800-3,800 (entry permit + status change + Emirates ID + medical + Golden Visa) • Property valuation fee: AED 750-1,500 if Land Department valuation required §6 — INDIAN-COHORT REALITY + EXIT (60-80 words) Indian-cohort strategy: • Most common: Dubai Marina / Downtown / Business Bay / DAMAC Hills property at AED 2.5M-4M • Source funds via FEMA-LRS — multi-year remittance documented • Tax: UAE rental income tax-free; declare to India under residency rules • Exit: property sale + visa cancellation; 6-month grace period If [FINANCING] = mortgage: ensure principal-paid component meets AED 2M threshold; mortgage interest may be deductible against Indian tax if reported correctly under DTAA + ITR Schedule FA. End with: "DRAFT GOLDEN VISA PROPERTY STRATEGY — for review by UAE-licensed real estate adviser + cross-border tax consultant. Title-deed registration is the binding step; complete before applying. Indian-cohort buyers must document FEMA-LRS chain for source of funds — Indian Income-Tax authorities + UAE authorities both scrutinise."
Unlock the vault to see the full prompt