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News feed Date: 30 May, 2024

Dubai Golden Visa Increases in Popularity in 2023

Dubai Golden Visa Increases in Popularity in 2023

The Dubai Golden Visa is a UAE Golden Visa issued by the General Directorate of Residency and Foreigners Affairs – Dubai (GDRFA – Dubai). A recent Gulf News article reveals that GDRFA – Dubai issued 158,000 golden visas in 2023. Let’s examine this breaking story in more detail below.

Dubai Golden Visa Doubles in Appeal

Lieutenant General Mohammed Ahmed Al Marri is the director-general of GDRFA – Dubai. He points out that 2023’s numbers are almost twice that of 2022’s 79,167. The Dubai Golden Visa is clearly on an upward trajectory. As you can see by the 47,150 issued in 2021.

One of the factors involved is the continuation of the real estate route to this Residency by Investment. Portugal closed the property path to its Golden Visa in 2023. Its Iberian neighbour Spain looks set to follow suit. The UAE is showing the world that golden visas are more than a European concept.

Taking the Golden Path in Dubai

Our property portal, Latitude World Properties, clearly marks real estate listings that make you eligible to apply for a golden visa. The UAE section is no exception, with in-demand Dubai featuring prominently.

“Dubai is continuing to develop its reputation from being a luxury holiday destination solely,” outlines Latitude World Properties’ Jordi Serrano Martin. “It’s becoming a HNWI investment-friendly location too.”

“They are building a multi-billion new passenger terminal at Al Maktoum International,” continues Serrano Martin. “This will see this airport become the biggest in the world. It underlines the UAE’s commitment to expansion over consolidation in everything they do.”

Read about the growing popularity of the Dubai Golden Visa.

How to Secure a UAE Golden Visa

Perhaps you are more interested in other avenues to UAE Residency by Investment. We recommend you talk to an investment migration expert with local experience such as Latitude Group, thanks to our 2018 merger with Dubai-based RIF Trust. So, don’t delay and contact us today.

Dubai Golden Visa Increases in Popularity in 2023

Date: 30 May, 2024

Posted in: News feed