Golden Visa in Dubai for Canadian investors, threshold and process

A Canadian investor who buys a property in Dubai worth at least AED 2 million can apply for a Golden Visa, subject to conditions confirmed with the UAE authorities. The threshold applies to the price of the property; it is not tied to your nationality or to where you currently live, Toronto, Vancouver or elsewhere in Canada.

The threshold and what it covers

The AED 2 million threshold is the figure published by the official UAE government portal for the real estate investor category. The exact conditions, eligible property type, treatment if the purchase is partly financed, and the timing of the application, are confirmed with the authorities at the time you apply: this guide makes no claim about visa duration and no guarantee of a detailed procedure without that confirmation. For an off-plan purchase, at a project such as Hilton Residences or FAUCHON Résidences, the exact purchase price counted toward the threshold and the point at which an application can be filed, before or after handover, are also confirmed with the authorities and your adviser.

The process, in broad strokes

The process starts with choosing a property whose price meets the threshold, followed by reservation and signing the sale and purchase agreement. Payment follows the project's instalment schedule into its escrow account, controlled by the Dubai Land Department. Once the title is registered, or under the conditions that apply to an off-plan purchase, the Golden Visa application can be filed with the relevant authorities, with the supporting documents they require. Every step of this process, from the exact documentation to the processing time, is confirmed at the relevant time, without any figure assumed in advance.

Financing and the threshold

If you are considering partial bank financing, a mortgage remains possible for certain non-residents, always subject to the lender's approval. How a financed property counts toward the Golden Visa threshold is confirmed with the authorities: this guide does not settle that question. If you are buying with a partner or co-investor, how joint ownership is treated for the Golden Visa also follows a rule to confirm, covered in the dedicated guide on joint ownership referenced below.

What this means for your Canadian tax residency

A Golden Visa is a UAE residence permit; it does not, by itself, change your status as a Canadian tax resident. The effect of extended time spent in Dubai on your Canadian tax residency, and the reporting obligations that follow, are confirmed with your accountant or a tax adviser: this point goes beyond real estate and depends on your complete personal situation.

Keeping the property eligible over time

Once you hold the Golden Visa, maintaining it in good standing may depend on continuing to hold the qualifying property, among other conditions set by the authorities. If you are considering selling or refinancing the unit in the future, raise the question with the authorities and your adviser before making a decision, rather than assuming the visa is unaffected. This is a separate question from the purchase process itself and is not detailed further in this guide.

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Keeping the property eligible over time

Comparing eligible projects

Hilton Residences, FAUCHON Résidences, Sanctuary Residences and Coastal Haven each sit within the Prestige One collection, with prices on request: whether a given unit reaches the AED 2 million threshold is only known once your adviser confirms its price. The payment plan differs by project, 20/40/40 for Hilton Residences and FAUCHON Résidences, 20/45/35 for Sanctuary Residences, and 20/80 for Coastal Haven, so the amount due at each stage of your Golden Visa planning varies by project even where the total price is comparable.

Moving forward with Orven

To assess which Prestige One project, Hilton Residences first, meets the Golden Visa threshold, and to organise your file with an Orven adviser, reach out on WhatsApp at +971 52 776 1939 or by email at sales@orvenproperties.com. Our guides Golden Visa, the AED 2 million property threshold explained and Golden Visa application steps for property investors add further detail. You can also check the invest from Canada page.

FAQ

Is the AED 2 million threshold the same for every investor? Yes, it is the threshold published by the official UAE government portal for the real estate investor category, regardless of nationality.

Can I apply for a Golden Visa on a property still under construction? This is possible to confirm with the authorities, depending on the project's progress and payments already made; no fixed rule is guaranteed here.

Does the Golden Visa have a set duration? This guide does not state a duration; the exact duration is confirmed with UAE authorities at the time of your application.

Can my family be included in my application? Conditions for including a spouse or children are confirmed with the authorities based on your family situation.

Does a Golden Visa change my Canadian tax residency? No, not automatically. The actual effect on your tax residency is confirmed with your accountant or a tax adviser, based on your full situation.