- Property Purchase
- Residency
- UAE
Residency in UAE through Property Purchase
The UAE is a major business and investment hub in the Middle East region, and many choose the country as their second home thanks to the countless opportunities it promises. Real estate is a big part of the country’s economy, and it is a dynamic industry sector with vibrant choices for investors to own their dream home in UAE.
Dubai, the city of skyscrapers, luxury shopping, and exotic experiences, is not just a popular tourist destination but is also attracting a growing number of investors. The Dubai residency offers numerous benefits and is a great opportunity for those looking to invest in the country and make it their second home. Purchasing property is one of the best options to secure residency without the need for sponsors. Holders of residence visas through real estate purchase may also sponsor their dependents.
According to the UAE investor visa program, investors can apply for the UAE residency as follows:
UAE Golden Visa residency by purchasing a property with a minimum value of AED 2 million.
They will be granted renewable 5 to 10 years Golden visa.
1.
UAE residency visa by purchasing a property with a minimum value of AED 1 million.
They will be granted renewable 2 to 3 years residency visa.
2.
About UAE
The UAE is one of the richest countries in the world, an international center for trade and commerce, which provides unlimited opportunities to immigrants. Qualified specialists, scientists, inventors, and creative professionals are most welcome. The warm climate, stability, and legal structure attract people from all over the world. The UAE hosts large foreign communities, and all residents enjoy the freedom of civil rights and the practice of religion. The country is known for safety, security, and high quality of life. Also, for education, health care, and cosmopolitan culture. The United Arab Emirates has the fifteenth-largest economy in the world, and it is on the world bank’s list of business indexes.
Dubai is one of the top places in the world that tourists from across the globe mark as their go-to destination for entertainment, shopping, safari desert adventures, and much more.
Benefits of UAE residence permit
Residency of the whole family
Along with the investor, family members including the spouse and children can move to the UAE, one of the wealthiest and most developed countries worldwide. Single daughters of any age and unmarried sons up to 25 years old can be included as dependents. Moreover, Golden Visa holders can apply to sponsor their parents for a 10-year residency.
No requirement to live in UAE
You and your family are allowed to live, work and study in UAE and your absence in UAE will not affect the golden residency status. Investors with a residency permit may visit UAE once or twice a year to maintain their status.
Tax Optimization
In the UAE, there are unique conditions in which UAE residents can benefit from living comfortably and doing business profitably. This means that there is no value-added tax and no personal income tax for them, as well as no real estate tax in some areas. Setting up a company in one of the UAE’s free zones offers huge tax benefits, such as 0% income and corporation tax.
Access to the UAE healthcare and educational systems
Residents of the UAE can take advantage of high-quality and exclusive healthcare and educational services including universities, schools as well as hospitals, and clinics. It is crystal clear that these services are subject to charges.
Process and Timeline
HOW IT WORKS, THE PROCESS..
1.
In line with our rapid real estate investigation, our experts will advise investors on the most legitimate and convenient investment options based on their budget and desire.
2.
After the selection of the property, the investor signs a sales contract and pays the full price for the selected property. The transaction will then be registered with the Dubai Land Department and the investor receives a title deed.
3.
Along with the applicant’s condition, we ask for the required documents. All the documents need to be translated, apostilled, and legalized by the Notary.
4.
Applicants will need to undergo a medical examination and submit biometric data.
5.
A six-month visa upon which the investor can enter the country and start settling down will be issued. We will request a short-term or long-term residence permit within these six months.
6.
The Golden visa or the residence permit as well as an Emirates ID card, which provides you with an expanded list of civil rights will be issued.
7.
We will assist investors in both opening UAE bank accounts and processing their family visas.
Turkey office
0090-552-6309000 (Whatsapp)
0090-552-7309000 (Whatsapp)
Turkey Address : Unit 1106, 11th floor, Nurol tower, Izzetpaşa Mah., Mecidiyeköy, Şişli, Istanbul, Turkey
Postal code : 34381
Greece office
+30-697-476-0777 (Whatsapp)
13 Possidonos Ave., Alimos 17455, Athens, Greece
Postal code : 17455
United Arab Emirates
00971-562-88-33-00
Level 3.The office 3. one central. Dubai World Trade Centre
Email⁚ coo@baltoji.com
White bird group is a team of professionals with more than 10 years of experience providing services in the area of residence and second citizenship planning, financial planning and tax consulting.
