The UAE’s Golden Visa is a prestigious residency program that allows foreign investors to live, work and study in the UAE for up to 10 years. One of the key criteria to be eligible for the Golden Visa is to invest in property in the UAE. Here is some information related to property investment for the Golden Visa:
Investing in property in the UAE is an excellent way to qualify for the Golden Visa. The UAE property market is known for its high returns on investment and stable growth. The government has also introduced several initiatives to boost the real estate sector and attract foreign investors.
To be eligible for the Golden Visa through property investment, the applicant must purchase property in the UAE with a minimum value of AED 1 million ($272,000 USD). The property can be residential, commercial or industrial. The investment must be made in full and not through a loan or mortgage.
The property can be rented out for additional income or used as a second home. The investor also has the option to sell the property after the minimum investment period of three years to recover their investment.
Investors who qualify for the Golden Visa through property investment can enjoy all the benefits of the program, including the ability to reside, work and study in the UAE for up to 10 years, as well as the option to renew the visa indefinitely.
Furthermore, investing in property in the UAE can be a smart financial decision, as the rental income generated can provide a steady stream of passive income, while the property itself can appreciate in value over time.
If you are interested in investing in property in the UAE to qualify for the Golden Visa, our team of experts can help guide you through the process. We have extensive knowledge of the UAE property market and can help you find the best investment opportunities to meet your needs and budget. Contact us today to learn more about how we can help you obtain the Golden Visa through property investment.
The Golden visa is a long-term residence visa which enables foreign talents to live, work or study in the UAE while enjoying exclusive benefits. Investors, entrepreneurs, scientists, outstanding students and graduates, humanitarian pioneers and frontline heroes are among those eligible for the Golden visa.
The UAE’s ‘Golden visa’ is a long-term residence visa which enables foreign talents to live, work or study in the UAE while enjoying exclusive benefits which include:
1- Minimum 2 million value property or owned share
( one property or more ) under the applicant name
2- In case the property is mortgage, an NOC letter from the bank to issue a visa on the property and shows the paid and remaining amounts
This service allows the real estate investor who owns a property equal valued at AED 2,000,000 or more at the time of purchase to apply for a 10 years renewable residency visa, and the husband or wife and children can be sponsored.
1- Passport
2- Availability of an electronic copy of the title deed certificate
3- Personal photo
4- Valid health insurance
5- Original Emirates ID (if any)
6- Copy of latest visa in the UAE (if any)
7- Medical Check
8- Emirates ID (10 Years)
9- New visa (10 Years)
10- DLD Fees
11- Administrative fees
The company takes very good care while choosing it representatives. Training department and continuous education on daily basis to ensure the best representation of the company and ensure that the client get the best real estate consultancy whether to live in or to invest with the higher returns of investment. Albatross Property was the top broker for DAMAC in Q1 2017, Q2 2017, and Q1 2018. And last but not hardly the least, Albatross Property are also the golden partner for Sobha properties.
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