UAE passport with property purchase

Is obtaining a UAE passport through property purchase possible? Nowadays, the United Arab Emirates is one of the best migration destinations for Iranians and many individuals from other various countries in the world. Factors such as no taxation requirements, favorable and growing economic conditions, modern infrastructure, good employment status, and more, have turned the UAE into an ideal opportunity for continuing life and migration.

However, can one obtain a UAE passport through property purchase? To reach this answer and to explore the laws related to entering this country and its business and economic sectors, stay tuned with us for information until the end of this article from Niouvi.

United Arab Emirates Passport

The UAE (United Arab Emirates) is one of the Arab countries located in the Middle East region, situated next to the Persian Gulf and neighboring countries such as Saudi Arabia and Oman. Nowadays, due to its high economic and commercial growth and modern urban infrastructure, the UAE has become a popular destination for global migration, including Iranians. As a result, many individuals are now seeking to obtain a UAE passport.

The passport and travel document of the United Arab Emirates is considered one of the most reputable passports in the world. In fact, this country's passport ranks at the top of the list of the world's best passports, surpassing even German and Singaporean passports. UAE citizens can travel to 113 countries around the world visa-free with their passport and receive visas upon entry for 54 other countries.

One of the popular ways to obtain a UAE passport is through property purchase, which is further explained below.

Obtaining Permanent UAE Passport through Property Purchase

One of the methods to obtain a UAE passport is through property purchase in Dubai. In a comprehensive article on the Niouvi website, the pros and cons of buying property in Dubai have been explained, providing you with complete information from various perspectives.

Today, many individuals aspire to acquire a valid passport of this country through property purchase in the UAE. However, there are many exaggerated claims in this regard. Some assert that by purchasing property in this country, you will be eligible for obtaining permanent residency in the UAE. Others even claim that you will receive the official passport of the country simply by buying property!

The first point to consider for obtaining a Dubai passport through property purchase is that, in accordance with the new UAE passport law, the country has imposed restrictions on obtaining a permanent passport due to the strict criteria in this area. Therefore, it issues long-term renewable temporary visas for migrants.

Obtaining Temporary UAE Passport through Property Purchase

By purchasing property, you will only receive a temporary residency in this country. Residency permits in the UAE (depending on the cost of the purchased property) are often issued for durations of three, five years, etc., and they can be renewed for the long term. As a result, many individuals easily utilize these permits.

Citizens who obtain residency in this country through Dubai passport with property purchase need to renew it every few years. It's worth mentioning that obtaining these permits is usually straightforward. Nonetheless, this process might take some time. Additionally, another favorable condition for obtaining a long-term residency permit for the UAE is through acquiring UAE golden visa with property purchase.

Can You Start Working in the UAE with a Dubai Passport Obtained through Property Purchase?

No, with property purchase in this country, you only acquire residency, and you do not have permission for work and economic activities. To work in this country, you must definitely seek the relevant permits.

Minimum Amount Required for Obtaining Temporary UAE Passport through Property Purchase

According to the new UAE passport law, by spending a minimum of 1 million dirhams, you can apply for a temporary Dubai passport with the possibility of renewal. It's important to note that this amount must be explicitly stated in your contract. For instance, if the property value is registered as 750,000 dirhams in your contract but its current value is 1 million dirhams, you won't be eligible for obtaining temporary residency in this country. This is because the stated value in the contract is what matters, not the market value.

Keep in mind that the value your purchased property holds in the UAE and the cost you invest in it have an impact on your eligibility for extended residency in the UAE.

Advantages of Obtaining Dubai Passport through Property Purchase

• Buying property in Dubai is a high-yield long-term investment.
• Residing in the UAE means living in one of the modern and beautiful Middle Eastern countries.
• Emiratis have a good relationship with Iranians.
• Close proximity to Iran.
• No taxation in this country.
• Inflation control.
• ...

Disadvantages of Obtaining Dubai Passport through Property Purchase

• No acquisition of UAE passport through property purchase.

Conclusion on Dubai Passport with Property Purchase

In this Niouvi article, the conditions for Obtaining UAE Passport through Property Purchase have been discussed. The UAE has made remarkable progress in all economic and commercial sectors in recent decades, prompting many Iranians to seek residency in this country. If you're interested in residing in the UAE through property purchase, you can get in touch with our consultants at Niouvi Real Estate through the communication channels provided.