Can you get a residence permit if you buy a property in the UAE? What is the minimum amount? Who is eligible? This article will cover how to get an investor visa through property purchases in UAE.
The United Arab Emirates are a special combination of fast-growing economy, comfort, tall quality way of life and security. The United Arab Emirates are a interesting spot for doing business and having a holiday. The full business and private zones counting financial area with present day stock trade have been created and put into operation. Stadiums, galleries and amusement parks are being right now built. Advance advancement of existing airplane terminal and the advancement of a modern one (the greatest airplane terminal within the world) is in full spate. There are parcels of profoundly modern logistic and fabricating premises within the Free Trade Zones – the full business and social foundation is being effectively created.
In September 2021, Dubai brought down the least property venture esteem required to be eligible for a UAE residency visa from AED 1,000,000 to AED 750,000. The resident visa can be renewed in case the qualification criteria is met.
HOW MUCH DO I NEED TO INVEST TO GET RESIDENCY IN THE UAE?
The bare least venture necessity for the investor visa is a AED 750,000 property asset (loan free) which gives qualification to a 3- year residency visa. Any property resource esteemed AED 2,000,000 (loan free) or over gives qualification to a 5-year residency visa.
WHAT ARE THE REASONS TO INVEST IN THE UAE?
Over the past few years, the UAE has increasingly risen as one of the most popular wards around the world for the relocation of high-net-worth individuals (HNWI).
● A Special Lifestyle
● One of the world’s most secure countries
● World class Healthcare sector
● Multicultural and tolerant
● Warm climate
● Access a solid outdoor/indoor activities
● A worldwide transit hub (240 destinations from Dubai airport)
● Solid infrastructure
● Bequest administration (Wills)
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WHAT ARE THE ELIGIBILITY CRITERIA FOR PURCHASING A PROPERTY IN THE UAE?
Everybody can purchase a property in UAE, giving they have the funds. You don’t have to live within the emirate or work here, and there’s no age restrain. Freehold properties can as it were be obtained in assigned regions for foreign investment. This can be not constraining, in any case, since there are numerous freehold zones over Dubai.
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UAE Property Investor Visa
Att. Bedrettin Gürcan I Partner
All rights reserved. All rights of the UAE Property Investor Visa article belong to Gurcan Partners International Law Firm. The author has no responsibility for the information in this article. This article is prepared just to inform.
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