Eligible customers under the visa by virtue of property scheme can now available their Golden Visas directly from the Real Estate Developers themselves – the real estate developers have also taken things a step ahead and now also ofUAE-based real estate developers are looking to make the most of the Golden Visa scheme by offering attractive Golden Visa benefits to eligible customers, including shouldering the cost of obtaining a UAE Golden Visa
The Dubai real estate market recorded AED 22.7 billion sales in June – highest sales figures in the last 13 years – and reaching almost 71 percent 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 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 the 10-year residency through real estate will encourage further foreign investments in the country, industry stakeholders have previously told Arabian Business.
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