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UAE real estate developers now offer Golden Visa

Sat 16 Jul 2022    
EcoBalance
| < 1 min read

UAE-based real estate developers will now offer added benefits to eligible customers of shouldering the cost of obtaining a UAE Golden Visa.

The Dubai real estate market recorded AED 22.7 billion sales in June – the highest sales figures in the last 13 years – and reached almost 71 per cent of the total 2021 sales volume, Dubai Land Development (DLD) data revealed, and UAE real estate developers are looking to take advantage of the Golden Visa scheme as property demand grows.

Those purchasing property off-plan or with a mortgage now have the option to obtain a 10-year residency in the UAE through a Golden Visa as part of the country’s plan to attract further investments and boost the benefits for long-term residents.

The flexible regulations to obtain a 10-year residency through real estate will encourage further foreign investments in the country.

The Golden Visa regulations are a “game-changer” for the UAE’s real estate industry, building on the momentum it’s garnered over the past year and a half.

About Golden Visa

The Golden visa is a long-term residence visa which enables foreign talents to live and work or study in the UAE while enjoying exclusive benefits. Investors, entrepreneurs, scientists, outstanding students and graduates, humanitarian pioneers and frontline heroes are amongst those eligible for the Golden visa. Read about the benefits of the Golden visa and find digital services to apply for it.

Source: Arabian Business


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