The UAE has announced new Golden Visa program adjustments. The changes simplify qualifying and broaden the categories of recipients.
New modifications allow real estate investors to get the Golden Residence Visa when acquiring a home valued at least AED 2 million.
According to the new revisions, investors can also receive this long-term visa if they buy a home with a loan from a specified local bank. They can also obtain the dwelling by purchasing one or more off-plan residences from recognized local real estate businesses for at least AED 2 million.
Entrepreneurs, unique talents, scientists and professionals, excellent students and graduates, humanitarian pioneers, and frontline heroes are eligible for this long-term, 10-year residence.
Recent changes also allow Golden Visa holders to sponsor family members, such as spouses and children of any age. Upon the death of a Golden Visa holder, family members are allowed to remain in the UAE.
A person who holds the coveted visa is not subject to losing their residency status, no matter how long they stay outside the UAE. Formerly, people who resided outside the UAE for six months or longer forfeited their residency rights.
Your dream home investment is now easier to make due to the new changes made by the UAE government. Get in touch with our team of qualified agents at Gulf Realtor for more information about obtaining the Golden Visa or investing in Dubai property.
Also Read: How to apply for Dubai Property Visa?
Fill this form and get a call back