The UAE’s recent announcement regarding the Golden Visa rules has stirred considerable excitement among real estate investors and industry experts alike. In a bid to enhance investor participation and deepen ties with residents, the government has eliminated the AED1 million minimum down payment requirement for Golden Visa eligibility through real estate investment.
Effective January 24 of this year, investors can now qualify for a Golden Visa by owning a property worth AED2 million or more, irrespective of the down payment amount or the property’s status. This groundbreaking move has been hailed as a game-changer, opening doors for a diverse range of investors in the UAE property market.
Industry leaders have welcomed this development with enthusiasm, recognizing its potential to transform the real estate landscape. Some of them describe the decision as a game-changer, offering a more inclusive and dynamic environment for investors. As a leading migration service provider, Beyond Global Partners is committed to assisting investors at every step of the Golden Visa application process, ensuring a seamless and hassle-free experience.
Hakan Cortelek, CEO of Beyond Global Partners, highlights the significance of this move for attracting foreign investment and fostering economic growth. He emphasizes the positive impact it will have on the overall development of the UAE economy. Beyond Global Partners stands ready to support investors in navigating the evolving real estate landscape and capitalizing on emerging opportunities.
According to Serhan Aysever, Managing Partner of Beyond Global Partners, the off-plan real estate sector is poised to benefit significantly from this new update. As competition intensifies and new launches surge, investors can expect increased incentives to invest in the property market. Beyond Global Partners offers comprehensive guidance to investors seeking to capitalize on these opportunities and secure their Golden Visa status.
We underscore the flexibility and economic boost offered by the updated guidelines. With Beyond Global Partners, investors gain access to tailored migration solutions and expert assistance throughout the Golden Visa application process. We emphasize the strategic implications of the UAE’s decision. By eliminating the AED1 million down payment requirement, the country has positioned itself as a global leader in fostering a competitive real estate sector. Beyond Global Partners is committed to supporting investors in realizing their ambitions and capitalizing on Dubai’s vibrant property market.
As the UAE continues to implement progressive policies to attract foreign investment, Beyond Global Partners remains dedicated to providing unparalleled migration services and ensuring client success in the dynamic landscape of UAE real estate.
