DUBAI GOLDEN VISAS REWARDING MILLIONAIRES TO INVEST AND MIGRATE

Constant development seen in the economy, Dubai property market, and many other sectors makes Dubai a very favourable place for high net worth individuals to live, work and invest in. It is evident that a lot of wealthy individuals choose the United Arab Emirates as their preferred destination to migrate in recent years. With the Golden visa program in place, these investors are rewarded with 5-10 years of visa when they invest, and work in Dubai based on respective criteria.

The visa program’s appeal lies in several key benefits to investors, entrepreneurs and skilled professionals. They are:

Tax Advantages - The UAE is famous for its 0% income tax while very low taxation on other business and personal affairs.

Booming Economy - The economy keeps on developing which will allow the government to support its residents further.

Lifestyle Benefits - High standards of living in terms of safety, accessibility and other requirements for all tiers of lifestyles across all demographics.

Family-Friendly Policies - The constant changes made in visa and other regulations to accommodate families allows Dubai’s residents to have easier and long term plans of residency.

Dubai continues to strengthen itself as an international hub for business, fin-tech and luxury living among many other avenues. Being open to much newer practices such as fractional property ownership, and accepting cryptocurrency for real estate as a mode of payment invites a brand new range of investors, business owners and professionals who are engaged in crypto and tech industries. The individuals will get to advantage from massive tax benefits to being awarded the Golden Visa.

As a part of this revolutionary growth, the Dubai real estate sector is subjected to a continuous boom that has caught the eye of local and international investors. A massive amount of international millionaires are observed investing in Dubai properties since it offers the eligibility of its Golden Visa.

“There has been an uptick in interest in the Dubai residential market from the wealthy, including not just businessmen but also top professionals from the banking and financial services and even crypto millionaires,” said Morgan Owen, Managing Director - Anarock Middle East.

With this inflow of wealth into the Emirate, Dubai’s among many other things, solidifies its position in being one of the top destinations for luxury real estate investment. While wealthy individuals invest in Dubai’s property market to benefit financially, family-friendliness and the price per square feet offer a much better life for people who are in search for a better quality of life.

Beyond the mere structure and location, the property market embraces modern trends to provide what people are interested in buying. Many developments including sustainable real estate, renewable energy and smart home technology in Dubai are integrated in residential developments so that the homeowners get to live in a home that they love to be in.

With a lot of eyes turned towards Dubai and its property market, the government, developers and real estate agencies in Dubai are in a combined effort to offer the best real estate solutions. To supply the huge demand for Dubai’s premium properties, many of the world’s leading service providers are now in the Emirate. Understanding who to work with is one of the most important decisions that an investor has to make. With the right help an investor can save time, money, a peace of mind and the guidance to eventually secure the Golden Visa especially for foreign real estate investors in Dubai.

Exclusive partnerships and comprehensive knowledge on every minor market fluctuation makes Anarock Middle East a safe, efficient and an informed option for all investors, no matter what they are in search for, in Dubai’s dynamic real estate market.