SINCE MAY 2019, A NEW LONG-TERM RESIDENCY VISA SCHEME WAS LAUNCHED, ENABLING FOREIGNERS TO LIVE, WORK AND STUDY IN THE UAE WITHOUT AN EMIRATI SPONSOR. WITH EQUALLY ATTRACTIVE BENEFITS FOR PROPERTY INVESTORS AND TO THE REDUCTION OF THE MINIMUM FINANCIAL REQUIREMENT TO APPLY FOR A 3-YEAR INVESTOR VISA, THE PROSPECT OF INVESTING AND LIVING IN DUBAI HAS BECOME MUCH EASIER AND MORE APPEALIN
Anyone can buy a property in Dubai, providing they have the funds. You don’t need to live in the emirate or work here, and there is no age limit. Freehold properties can only be purchased in designated areas for foreign investment. This is not limiting, however, since there are many freehold areas across Dubai.
The 2021 event is expected to host 25 million tourists and business visitors, of which 70% will come from overseas.
Open economic policies, minimal government control and private sector regulation facilitate Foreign Direct Investment (FDI).
Dubai is free from Income Tax for residents with no Value Added Tax (VAT) levied on residential property for investors.
Heavy investment in transport, telecommunications and industrial infrastructure makes Dubai attractive for investment.
The UAE Dirham has been pegged to the US Dollar since 1973 and set at a constant rate since 1997.
Home to over 200 nationalities, the cosmopolitan UAE is family-friendly and offers a first-class lifestyle.
Please note all apartments are brand new
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