Types of Visas – Property Investor Visa vs Six Months Residency Visa
There are two types of visas granted to property investors in Dubai – (1) Property Investor Visa & (2) 6 Months Residency Visa. Here are some key distinctions to note:
The Property Investor Visa is issued by the Dubai Land Department and is a two-year renewable visa. With this visa, you become a UAE resident meaning you can obtain an Emirates ID, UAE driving license and sponsor family as well. This visa is only available for Dubai property investments.
The Six Months Residency Visa on the other hand is issued by the relevant Immigration Authority and is a six months multi-entry visa. This is effectively a visitor visa that allows multiple entries to the UAE. The key benefit to this is that it applies to property purchases in all seven Emirates.
But Which Is Best For Me?
It depends on your individual circumstances and requirements; such as your nationality, your intentions, your budget, your property location etc. These are all factors to be taken into consideration. We would be happy to sit with you to discuss the options and to find the solution that works best for your specific needs. Feel free to get in touch anytime!