Dubai Golden Visa Requirements for Kenyan Investors

The Dubai Golden Visa has become a sought-after opportunity for global investors, including those from Kenya, to secure long-term residency in the UAE. Offering unparalleled benefits, this visa is an ideal option for Kenyan investors looking to establish a presence in Dubai’s thriving economy. In this guide, we break down the requirements and steps to help you obtain the Dubai Golden Visa as a Kenyan investor.

What is the Dubai Golden Visa?

The Dubai Golden Visa is a long-term residency program introduced by the UAE government. It allows foreigners, including investors, entrepreneurs, and talented professionals, to live, work, and study in the UAE without the need for a national sponsor. With visa durations of 5 or 10 years, the Golden Visa is renewable and comes with several benefits, such as the ability to sponsor family members.

Benefits of the Dubai Golden Visa for Kenyan Investors

• Long-term Residency: Secure a renewable 5- or 10-year visa.
• Family Sponsorship: Bring your spouse, children, and dependents.
• Business Opportunities: Establish or expand your business in one of the world’s most vibrant economies.
• Tax Advantages: Enjoy Dubai’s tax-free environment.
• High-Quality Living: Access world-class healthcare, education, and infrastructure.

Dubai Golden Visa Requirements for Kenyan Investors

To qualify for the Dubai Golden Visa, Kenyan investors must meet specific criteria, which vary depending on the type of investment. Below are the main categories and their requirements:

1. Real Estate Investment

• Invest in a property worth at least AED 2 million (~KES 63 million).
• The property must be fully paid, with no outstanding mortgages.
• Joint property ownership is allowed if each investor’s share is at least AED 2 million.

2. Business Investment

• Invest in a UAE-based business with a minimum capital of AED 2 million.
• Provide proof of company ownership or a share in an existing company meeting the investment threshold.

3. Startups and Entrepreneurship

• Establish a startup recognized as innovative and scalable.
• Secure accreditation from an approved UAE government entity.

4. Specialized Talents and Professionals

• For Kenyan professionals in fields like medicine, engineering, or IT, proof of exceptional skills and relevant experience is required.
• Hold a valid employment contract in the UAE.

Application Process for Kenyan Investors

1. Prepare Required Documents: Passport copy, proof of investment, title deed (for real estate), business registration documents, and medical insurance.
2. Submit Application: Apply through the General Directorate of Residency and Foreigners Affairs (GDRFA) or relevant online portals.
3. Undergo Medical Screening: Complete a mandatory medical test.
4. Receive Approval: Once approved, you will be issued the Golden Visa.

Why Choose Dubayt for Your Golden Visa Journey?

At Dubayt, we specialize in guiding Kenyan investors through the process of acquiring the Dubai Golden Visa. From identifying lucrative real estate opportunities to assisting with documentation, our team ensures a smooth and hassle-free experience. Partner with us to unlock the endless possibilities Dubai offers.

Ready to take the next step in your property investment journey? Contact Dubayt Real Estate today for expert guidance and personalized mortgage solutions tailored to your needs. Let us help you navigate the Dubai property market and secure your dream investment!

FAQs

1. What is the minimum investment amount for Kenyan investors to qualify for the Dubai Golden Visa?
The minimum investment amount is AED 2 million (~KES 63 million), whether in real estate or business ventures.

2. Can I apply for the Dubai Golden Visa with a mortgaged property?
No, the property must be fully paid with no outstanding loans to qualify for the visa.

3. Can Kenyan investors sponsor their family members under the Golden Visa?
Yes, the Golden Visa allows you to sponsor your spouse, children, and dependents.

4. How long does it take to process the Dubai Golden Visa?
The processing time typically ranges from 2 to 4 weeks, depending on the completeness of your application.

5. Can I renew my Dubai Golden Visa?
Yes, the Golden Visa is renewable as long as you meet the eligibility criteria.