Residence permit in UAE through real estate

Getting a residence permit by buying real estate in the UAE is easy and budget-friendly. Plus, with the increasing demand for property in the Emirates, your investment is likely to pay off and can bring you good dividends.

Conditions

– residence for 2 years, investing in real estate at least $204,000. At the same time, if an investor issues a residence permit also for his spouse, the total price of their property should be more than $275,000.
– a 10-year residence permit (golden visa) can be obtained with an investment in real estate amount exceeding $545,000.

Golden Visa will give you an opportunity to live in the United Arab Emirates – one of the safest and most dynamic countries in the world. You will also have the ability to keep your visa without having to come to Dubai at least once every 6 months.

Note: You can also invest in housing with a mortgage, but the initial contribution should be at least 50% of the value of the property. It is possible to invest in housing under construction.

Basic requirements

– to be of age;
– do not have dangerous diseases (e.g., HIV or tuberculosis);
– no criminal records;
– need to confirm the legality of the income.

Timeline

You can get a visa for 2-3 months. To live in the country is not necessary, but to maintain the status requires to visit the Emirates at least twice a year. After the expiry of the visa, it can be extended for the same period.

Opportunities

Preferential Taxation. Entrepreneurs from all over the world are seeking to register their companies here, as the rate of income tax is only 9%. In addition, there is no income tax, property tax or dividend tax. This creates favourable conditions for business development.

Ability to make international payments and store funds in foreign currency accounts in UAE banks. Residents can open accounts in dirhams, as well as in other currencies: euros, dollars, British pounds and others.

Education for resident children is high. They can study in international schools or higher educational institutions, where teaching is carried out according to international standards. Schools often use English as the main language, as it is the main language of international communication and business.

The UAE is also famous for its quality health care. Many people come here specifically for examination or treatment in local clinics.

And last but not least – Resident visa holders can enter the country at any time.

Evelors specialists are always ready to help at all stages of the process of obtaining a residence permit, providing professional advice and support.