Still hesitant about acquiring the Golden Visa or facing some obstacles?
Here are some new updates on the property Golden Visa that will urge you to make the right decision.
The UAE government has launched new updates regarding the property Golden Visa to encourage more investors to apply for the Dubai Golden Visa. All the exerted efforts are directed to facilitate the conditions of acquiring the 10-year residency Golden Visa for property owners and investors.
In this article, we will discuss the new updates and how the UAE government eliminates the golden visa on property.
Let’s recap the Dubai Golden Visa Eligible categories to showcase the possibility of acquiring the Golden Visa. It’s becoming an achievable goal for more categories than before.
In the next section, we will shed light on the entitled categories who are eligible for a UAE Golden Visa under new rules as follows:
Learn more about the recipients of all eligible types from our Freezoner blog.
The UAE has announced the elimination of the down payment of the Golden Visa on property to make it easier for investors to get the 10-year visa.
Early on, it was compulsory to pay a down payment of 1 million dirhams which is equivalent to $272,294. This condition applies to investors who wish to acquire Golden Visa by buying property valued at 2 million dirhams or more.
In other words, if you wish to invest in a real estate mortgage or instrumental plan you have to pay at least 1 million dirhams as a down payment.
Luckily, the United Arab Emirates tends to make the process easier than before by dropping the minimum down payment condition.
According to The National News, “Now, investors can qualify for the golden visa if the property's value is Dh2 million or more, regardless of whether it's off-plan, completed, mortgaged or not mortgaged”.
There are ample perks of the Golden Visa for property owners and potential buyers too.
Property buyers and property enthusiasts will enjoy the following perks:
Learn more about the rest of the perks of acquiring the Golden Visa and discover more from the Ultimate Guide For Dubai Golden Visa Requirements here.
The bottom line is the elimination of the down payment will benefit the property owners who aspire to gain the property Golden Visa. The UAE government always seeks to make easier procedures to urge investors to be part of the UAE's outstanding community.
On another note, our dedicated team, at Freezoner, is ready for your questions to make the process even faster than ever. Never hesitate to contact us now to start your investment journey in the UAE.
The UAE government and the Ministry of Finance launched a new corporate tax update. The new updates come as a review by the Federal Tax Authority on businesses' net profit. The UAE government seeks to achieve strategic economic goals by creating a fast-paced transformation in the legislative regulations. The corporate tax update was effective in […]
Still hesitant about acquiring the Golden Visa or facing some obstacles? Here are some new updates on the property Golden Visa that will urge you to make the right decision. The UAE government has launched new updates regarding the property Golden Visa to encourage more investors to apply for the Dubai Golden Visa. […]
In this ultimate guide, we will shed light on how to open a company in Saudi Arabia and answer why you should choose Saudi Arabia in the first place. Admittedly, Saudi Arabia is one of the supportive environments in terms of economic growth. Lately, the Saudi stewardship is launching several economic initiatives. One […]
Have you decided to expand your company? Great, that’s the step you will never regret, especially when incorporating business in Dubai. The United Arab Emirates is a country of opportunities as it attracts ambitious investors and top-notch professionals to start their success stories there. Yet, taking the step of incorporating business in Dubai can […]
Every business needs a boost to scale and expand. If you wish to grow your company's operations, getting a business loan in Dubai can be the boost you’re searching for. In this article, we will pinpoint all that you need to know about business loans in Dubai and how to get a business […]
Wondering how to start a Business in Dubai! Worry no more, we at Freezoner will tackle all the details of this crucial journey from start to finish. Let’s first state some facts before delving into this topic. Dubai is the number one destination for all ambitious investors who wish to kickstart their investment journey in […]
Before embarking on the details of the UAE Green visa, one cannot overlook the high potential of the ecosystem in the UAE that encourages professionals and investors to explore new opportunities in a supportive environment. UAE never fails to launch new rules that empower both residents and expats. Thus, the UAE residency dream […]
Profitable Business In Dubai In 2023 Dubai is the land of constant opportunities! But what makes it a point of attraction is that the UAE government makes it easier for investors to build their businesses faster than any other Arab country. Not only that UAE opens doors for you to invest in a healthy […]
Deciding on taking a big leap like opening your business is a take-it-or-break-it-deal, especially if you’re searching for a small business idea with low investment to start with. But what makes you confident in taking this step is that one of the safe investment-friendly cities to start your business in is admittedly Dubai. Besides, UAE […]
Wondering how to open a restaurant business in Dubai as a resident or expat? We will tackle all you need to know to start your restaurant business in Dubai but firstly let’s ask why choose Dubai! As a cosmopolitan city as it is, Dubai is your number one destination to start your business, especially in […]
Discover the Dubai Business Associates Program: Propel your entrepreneurial journey, forge connections, and unlock success in Dubai's dynamic business landscape.
If you're considering establishing a new company or transferring your existing business to Dubai, you're making the right decision. Dubai, one of the most famous and densely populated emirates in the United Arab Emirates, has transformed into one of the world's most technologically advanced, exceptionally built, and popular business hubs as part of its journey toward becoming a smart city. This has made Dubai a global magnet for business events, corporate conferences, and meetings, attracting hundreds of entrepreneurs around the world who establish new businesses in Dubai every year.
