How the New Golden Visa Regulations Are Boosting Demand for Real Estate in Dubai

 Investing in a property for sale in Dubai has a lot of advantages, whether you're planning on getting a commercial property or looking for a residential property that you can occupy.

Thanks to new visa regulations which will be implemented in September 2022, inquiries on Dubai real estate tripled along with the increasing interest of foreign investors and ex-pats to apply for visas and invest in properties in Dubai.

What is a Golden Visa?

As you may already know, the UAE's 'Golden visa' is a long-term residency visa that enables expatriates, foreign investors, entrepreneurs, and professionals to live and work or study in the UAE without requiring a UAE national sponsor. Those who are granted the visa may enjoy exclusive benefits which include: an entry visa for six months with multiple entries to proceed with residence issuance. It is a long-term, renewable residence visa valid for 10 years.

How is it boosting the demand for real estate Dubai?

● The duration of the visa has been extended to 10 years, which is twice as long as the previous five years.

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