The requirements for obtaining a citizenship by investment in UAE

The United Arab Emirates (UAE) does not currently offer citizenship by investment. However, in 2019, the UAE announced a new long-term visa system which grants residency to foreign investors, entrepreneurs, talented professionals, and their families. This visa program, known as the Golden Visa, is valid for 5 or 10 years and can be renewed.

To be eligible for the Golden Visa, applicants must meet certain criteria, including:

Investment in property: Investors must purchase a property in the UAE worth at least AED 5 million ($1.36 million).

Investment in a business: Entrepreneurs must establish a new business in the UAE with a minimum capital investment of AED 500,000 ($136,000), or acquire an existing business with a minimum investment of AED 10 million ($2.72 million).

Investment in stocks: Investors must invest in stocks in a UAE-based company with a minimum value of AED 10 million ($2.72 million).

Investment in a fund: Investors must invest in a UAE-approved fund with a minimum value of AED 10 million ($2.72 million).

Exceptional talents: Talented professionals in the fields of science, medicine, and research, as well as exceptional students, can also be eligible for the Golden Visa.

In addition to meeting the above criteria, applicants must also have a clean criminal record and provide all necessary documents to support their application. These documents may include a passport copy, proof of investment, and a statement of good conduct.

It is important to note that the Golden Visa does not grant citizenship, but it does provide a pathway to long-term residency in the UAE, which can have many benefits for investors and their families.