How Kenyans Can Secure a Golden Visa by Investing in Dubai Property?

Dubai has become a magnet for global investors, and Kenyans are increasingly drawn to its lucrative real estate market. Beyond its luxury lifestyle and booming economy, one of the most attractive aspects of investing in Dubai is the possibility of securing a Golden Visa. This blog will explore how Kenyans can obtain a Golden Visa by investing in Dubai property, the benefits it offers, and key considerations to keep in mind.

What is the Dubai Golden Visa?

The Dubai Golden Visa is a long-term residency visa introduced by the UAE government to attract foreign investors, entrepreneurs, and professionals. It allows holders to live, work, and study in the UAE without needing a local sponsor. Real estate investment is one of the key pathways to obtaining this coveted visa.

How Can Kenyans Obtain a Golden Visa Through Property Investment?

Kenyans can qualify for a Dubai Golden Visa by meeting the following property investment criteria:

1. Minimum Investment Amount: Invest at least AED 2 million (approx. KES 63 million) in one or multiple properties.
2. Eligible Properties: The property must be completed and ready for occupancy, not under construction.
3. Ownership: The investment must be in the name of the applicant, and not under a company or co-ownership unless specified.

Once the investment is made, applicants can apply for the Golden Visa through the Dubai Land Department (DLD).

Why Should Kenyans Consider the Dubai Golden Visa?

1. Long-Term Residency: Enjoy a 10-year renewable residency in the UAE.
2. Family Benefits: Extend the visa to your spouse and children.
3. Tax-Free Benefits: No income or property tax.
4. Global Access: Dubai’s Golden Visa enhances travel flexibility and boosts global mobility.
5. Stable Investment: Dubai's robust real estate market ensures high ROI and capital appreciation.

Why Invest Through Dubayt?

Dubayt Real Estate Agency is a trusted partner for Kenyan investors looking to navigate Dubai’s real estate market. From finding the perfect property to assisting with Golden Visa applications, Dubayt ensures a seamless and rewarding investment experience.

FAQs

1. Can a Kenyan buy property in Dubai without a visa?
Yes, Kenyans can purchase property in Dubai without a visa. However, obtaining a Golden Visa adds long-term benefits.

2. Are there financing options available for Kenyans buying property in Dubai?
Yes, many Dubai-based banks and financial institutions offer mortgage options to Kenyan investors, subject to eligibility criteria.

3. What documents do I need to apply for the Golden Visa?
You’ll need your passport, property title deed, investment proof, and other personal identification documents.

4. Can I sell my property after obtaining the Golden Visa?
Yes, but selling your property may affect your visa eligibility. Ensure you consult with legal experts before making a decision.

5. Are there additional benefits for Golden Visa holders in Dubai?
Yes, Golden Visa holders enjoy exclusive privileges such as access to government incentives, healthcare, and education benefits.