What is a DIFC Long-Term Residency Visa?
The Dubai International Financial Centre offers a long-term residency visa to persons who fall under certain categories. In this regard, if you are an owner of property at the DIFC, which was purchased at a value of AED 2,000,000 or higher in value, then you have every right to apply for this type of visa. This would entail a 10-year residency within the United Arab Emirates for investors and property owners.
What is the validity of the DIFC Long-Term Residency Visa?
The DIFC long-term residency visa or also known as the Golden Visa, shall be valid for 10 years.
How to apply for the DIFC Long-Term Residency Visa?
In order to apply for the DIFC long-term residency visa:
- Log in to the DIFC client portal and raise a service request for the long-term residency visa.
- If you are a landlord and do not have an account, please create an account by emailing DIFC at difc@aam.ae.
- Access will be given through the portal to submit your application online.
- The application fee is AED 6,289 plus an additional AED 1,000 for the No Objection Certificate.
You will be able to pay through the portal wallet at submission.
What is the cost of the DIFC Long-Term Residency Visa?
The fees to apply for the DIFC long-term residency visa will be as mentioned herein:
- Application fee of the visa: AED 6,289
- No Objection Certificate: AED 1,000
Additional Clarifications
1. Is it possible for someone to apply for a Golden Visa if they have only paid part of the property’s purchase price and have obtained the remaining balance either through installments or a mortgage?
Yes, an applicant who has paid only 60% of the purchase price of an immobilized property and is paying the rest in installments or by mortgage may apply for the DIFC Golden Visa.
2. Is a person who owns more than one property in the DIFC and whose combined value is in excess of AED 2,000,000 qualified to apply for the Golden Visa?
Yes, an individual may apply for a DIFC Golden Visa if he owns several properties in the DIFC and the combined value thereof exceeds AED 2,000,000.
3. Will the unit(s) be blocked by the DIFC upon submitting the application for the Golden Visa, and what is the blocking period?
Yes, upon submission of the Golden Visa application, the unit(s) will be blocked by the DIFC. The block is for the same period as the visa, which is 10 years.
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