The United Arab Emirates (UAE) is a magnet for entrepreneurs, investors and professionals from all over the world thanks to its dynamic economy, advanced infrastructure and favorable tax regime. One of the most attractive opportunities offered by this destination is the opportunity to obtain residency. In this short guide, we will explore two of the most affordable ways to become a resident in the UAE: by setting up a company and by purchasing real estate.
How to Get Residency in UAE by Starting a Company
Establishing a company in the UAE not only provides an opportunity to operate in a stable economic climate, but also paves the way to obtaining a residence visa. This process involves several essential steps:
1. Choice of company name and type — Selecting a trade name in accordance with local regulations and determining the structure of the firm (Free Zone, Offshore or Mainland).
2. Obtaining a commercial license — Depending on the field of activity, a license issued by the competent authorities is required.
3. Official registration of the company — Legal documentation is completed, including the articles of association and approvals for operation.
4th. Opening a bank account — A corporate bank account is mandatory for managing financial operations.
5. Residence visa application — Once the company is registered, founders and employees can apply for a residence visa, which includes medical tests and obtaining an identity card.
For more information on license types and procedures, you can go to official website of the UAE government.
How to Get Residency in UAE by Buying Real Estate
Foreign investors can obtain residency in the UAE by purchasing real estate. This process involves the following aspects:
• Minimum investment required— To apply for a residency visa, the value of the property must be at least AED 750,000 (approximately $204,000).
• Investor visa for 3 years— Awarded to those who meet the investment criterion and can demonstrate real estate ownership without mortgages or with a down payment of at least 50%.
• Golden visa for 10 years— It is available to investors with real estate assets of at least AED 2 million.
The purchase of a property not only provides a premium lifestyle, but also access to exclusive benefits such as the ability to sponsor family members, access to banking and government facilities. More details about the criteria for obtaining a golden visa can be found on Official portal for Golden Visa
Advantages of obtaining residency in the United Arab Emirates
• No income taxOne of the biggest benefits is the friendly tax system.
• Access to business opportunities— The UAE offers a favorable business environment with top-notch infrastructure.
• Economic and social stability— The country is recognized for its high safety and prosperous economy.
• Possibility to sponsor the family— Once residency is obtained, it can be extended to spouse and children.
• Ability to travel easily— UAE residents enjoy easy access to many visa-free or visa-on-arrival countries.
Obtaining residency in the UAE by setting up a company or acquiring real estate is a strategic decision for anyone who wants to benefit from the economic and tax advantages of the region. Choosing the most suitable option depends on the goals and resources of each investor.
Specialist consulting can facilitate the process and ensure compliance with local regulations, providing a smooth transition to life and business in the UAE.
