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UAE Golden Visa has just gotten better!
New rules brought lower investments, fewer visa requirements, and longer residency in the country.
If you’re thinking of investing in property in the UAE this is good news for you. The required amount is now only 2 million AED which is about $544 000 and this investment will give you a 10-year residency permit!
On top of this, in order to keep your residency you are not required to spend any time in the country! You can also add your family members (dependents) up to the age of 25.
New rules will make relocation to Dubai easier for different groups of people including investors, entrepreneurs, startup owners, professionals, talents, scientists, etc.
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Author: Michael Rosmer
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Better invest that money in Portugal get citizenship and live in uae visa free. UAE is not worth investing even if it was 200 thousand dirhams leave aside 2 million
Dope!
you got only 25yrs to stay in uae.u cnt survive by hit.NASA
max age of any towers in dxb is 25yrs.dxb is a broken piggy bank.already over built.empty towers.expensive city for tourists & investers.bad law.dxb is melting…
Mike, are you providing an advise and guidance on how to get golden visa?
Amazing news. Good to hear at least one country is moving in the right direction these crazy days.
Finally some good news this year. Lowering price and change stay requirements is quite significant positive change.
Can UAE residents travel to other GCC countries without obtaining a visa, similar to the Schengen area? For example, if I get a Turkish passport, use that to get UAE residence, could I travel to Saudi Arabia without obtaining a visa? Thanks.
Thanks
Thanks for sharing much appreciated
What's the rational for lowering the requirements twice, is the real estate market tanking?
10M to 2M . Do you think this was due to desperation with financial markets sufferring and possible reductions in FDI in the short-term? Do you consider Dubai's infrastructure to be smoke and mirrors currently and can it be sustained if the ESG/global warming narrative reduces dependance on the petrol dollar? China is always waiting to fill whatever void is there.
Awesome!
Do you know if the real estate investment can be spread over multiple properties? i.e buy 2x 250k properties, instead of 1x 500k?
Cheers
The golden visa used to be for realestate investment or a deposit with a UAE wealth management firm worth 10M aed. So if the realestate amount has been reduced to 2M aed does that mean the wealth management firm investment amount has also been reduced to 2M aed?? Thanks.
Lol id need more than 10 years to make it a real option
I was looking forward to this video. Thanks for posting.
Wow! This is amazing! How many partners qualify for the startup?
wasn't there some sort of visa for real estate that gave you 3 years? if so did they also lower that option?
Dubai is only good if you making tons of money and want to save on tax. For someone making 10-20k/month online, makes no sense. Just a very expensive desert.
PERFECT NEWS 📰
LETS TRAVEL TO PERSIAN GULF 🇦🇪