Expats Merging Properties To Get UAE Golden Visa
The real estate investors could obtain Golden Visa when purchasing a property worth no less than Dh2 million announced by UAE visa residency system.
Dubai residents to invest or merge their properties to reach the Dh2 million milestone to be eligible for long-term residency.
Golden Visa: A Great Tool in Real Estate Industry
- Golden Visa is a cherry on the cake to motivate people to buy more.
- Great tool to retain people post-Expo 2020 Dubai.
Investments & Sales
People earlier used to buy one bedroom, and now they’re trying to club a deal to reach Dh2 million mark so that they can get the Golden visa.
Real estate industry executives and investors who got Golden Visa for buying Dh2 million worth of property. Golden Visa motivates people to buy more and is also a great tool to retain people in Dubai post Expo 2020.
How to obtain the Golden Visa through investment in real estate?
Step 1: Buy property worth Dh2 million or more
Step 2: Merge or combine properties to total up the value of Dh2 million or more
Step 3: Invest in an off-plan property worth a minimum of Dh2 million and pay instalments.
Step 4: Take a loan from local banks provided the value of the property is a minimum of Dh2 million
Step 5: Married couples are making joint investments in a Dh2 million-property in order to fit in the eligibility criteria.
Golden Visa in Dubai Real Estate Sector
Dubai's real estate market offers one of the highest returns in terms of rental yield, thereby appreciating value of properties that makes investment a very lucrative proposition.
The quality of life, world-class infrastructure, safe environment and global connectivity make real estate investment in the UAE an intelligent choice.
Golden Visa and Residency Visas are added advantage for the investors.
Conclusion
- Momentum of Dubai real estate sector is extremely good and Golden Visa is helping to create more records in the real estate in market.
- Successful handling of the Covid-19 pandemic is encouraging investors to select Dubai as a destination.
| 