Dubai is a rapidly growing cosmopolitan city, attracting investors and expats from all over the world. One of the biggest draws for Indian nationals is the opportunity to own a house in Dubai and reap its multitude of benefits. Along with the flexibility and luxury of owning a home in this vibrant city, Indian citizens also have the added perk of visa benefits. In this article, we will explore the various advantages Indian nationals can enjoy by owning a house in Dubai.
What Are the Visa Benefits for Indian Nationals by Owning a House in Dubai?
As an Indian national, owning a house in Dubai opens up a plethora of visa benefits. Below are the top benefits that you can avail:
1. Long Term Residence Visa
One of the biggest visa benefits enjoyed by Indian nationals by owning a house in Dubai is the opportunity to obtain a long-term residence visa. Previously, Indian citizens were not eligible for a long-term residency in the UAE, but with the introduction of the Golden Visa, this has now changed. By investing in a property in Dubai, you can obtain a 5-year renewable visa, giving you and your family the opportunity to live and work in the country for an extended period.
2. Easy Entry into the Country
Another major advantage of owning a house in Dubai is that it allows Indian nationals hassle-free entry into the country. With a property of your own, you can easily apply for a residence visa which streamlines the entry process and saves you from the hassle of constantly obtaining tourist visas.
3. Visa Sponsorship for Family Members
Indian citizens who own a house in Dubai can also sponsor visas for their family members, including parents, spouses, and children. This allows families to live together and provides a sense of security and stability.
4. Extended Stay in the Country
Owning a house in Dubai also offers Indian nationals the opportunity to extend their stay in the country beyond the standard 6-month validity of their visit visa. This is especially beneficial for individuals who frequently travel to Dubai for business.
5. Options for Business Setup
Another significant advantage of owning a house in Dubai for Indian citizens is that it opens up opportunities for business setup. With a property in your name, you can sponsor your own business and work towards establishing a successful business in the UAE.
FAQs About Visa Benefits for Indian Nationals by Owning a House in Dubai
1. How much do I need to invest in a property in Dubai to be eligible for a long-term residence visa?
The minimum amount to invest in a property in Dubai to be eligible for a long-term residence visa is AED 1 million.
2. Can I sponsor a visa for my parents if I own a house in Dubai?
Yes, you can sponsor a parent’s visa if you are a property owner in Dubai. However, specific criteria must be met, and the process can vary based on factors such as age and financial stability.
3. Do I need to live in Dubai to reap the visa benefits of owning a house?
Yes, you must live in your Dubai property to obtain a residence visa. You will also have to maintain a valid residency status to continue availing the visa benefits.
4. Can I invest in any type of property in Dubai to benefit from the visa perks?
Yes, you can invest in any type of property in Dubai, including residential, commercial, or land, to be eligible for the visa perks.
5. How long does it take to obtain a long-term residence visa through property ownership in Dubai?
The process can take up to 90 days, provided all the necessary documents and requirements are met.
In conclusion, owning a house in Dubai offers Indian nationals a multitude of visa benefits, making it a wise investment opportunity. Aside from the convenience and luxury of owning a home in this vibrant city, you can also enjoy the added perks of long-term residency and ease of entry into the country. As the UAE continues to expand and develop, investing in a property in Dubai remains a popular choice among Indian nationals looking for a long-term investment that also offers visa benefits.