With the amount remarkably lower than before, foreign investors can gain a lot from this new system. They can choose to invest in a wider range of properties as off-plan properties are now also included. Holders of UAE Golden Visa are also entitled to 100% ownership of their business in UAE...
First implemented back in 2019, the UAE Golden Visa grants long-term residency of up to 10 years to certain individuals such as investors, entrepreneurs and exceptional talents allowing foreigners to live and work in the country without a need of a national sponsor.
It has been a hot topic for the past few weeks due to the revamp of the current system aiming to make it easier for foreigners and alike to acquire residency in the country through property investments. Here, we divulge the changes made in the new update and how it will affect the investors who want to move and live in the country.
With the amount remarkably lower than before, foreign investors can gain a lot from this new system. They can choose to invest in a wider range of properties as off-plan properties are now also included. Holders of UAE Golden Visa are also entitled to 100% ownership of their business in UAE.
Foreign investors who have not yet been in the country or is currently residing in another country can also apply for the golden visa overseas and they are not restricted to visit the country every six months.
Is the UAE Golden Visa worth it? Whether if you’re a foreign investor who wants to invest in Dubai or someone who wants to move and make the city as your home, the Golden Visa is a bang for the buck.
And with the massive change, Dubai properties are now more enticing than before, and the UAE will become more accessible to investors. Truly, now is the best time to invest in Dubai. Get in touch with us to check the projects and developments that are eligible for the Golden Visa.