The UAE’s golden visa programme was an immediate success, particularly among expats looking to establish a foothold in Dubai. And now, with the latest modifications, it is far more appealing, offering the opportunity to permit several more individuals to realize their goal of living in Dubai.
For property investors, the Golden Residence is ideal
The major important adjustment is a drop in property investment volume, which has been cut to AED 2 million from AED 5 million previously, but the visa period has been increased to 10 years.
The modification might indicate that the developers and realty brokers do not have to put out the entire Dh2 million plus on the property investment right now. Here is where direct-from-developer programmes come in handy, as they encourage prospective investors to proceed with an instalment plan while also ensuring they have the required Dh2 million equity to be eligible for a Golden Visa. There might be an initial instalment and subsequent payments spread over a period of time. The buyer is qualified if the equity portion of the transaction totals Dh2 million or more.
The new visa eligibility requirements will also place the Dh1 million plus barrier for a property investment in Dubai, which previously permitted a buyer to obtain a 5-year visa. The investor will now have more payment flexibility in order to be eligible for a Golden Visa. This change has the ability to significantly boost the off-plan property industry in Dubai. The amendments allowing off-plan investors to become residents will have the greatest impact, and we should expect an increase in demand for off-plan properties.
This declaration is another step in the process of opening up Dubai to international investors, and it is expected to result in a large rush of purchasers, supporting an already flourishing market. The UAE government is attempting to make the new visas friendlier in nature, allowing applications to efficiently manage their future in the country. The projected change of the UAE’s visa residency system will significantly propel the country’s real estate sector, bringing a major surge in purchasers and giving Dubai’s property market a boost.
I HAD A GOOD EXPERIENCE WITH HLB HAMT DUBAI. THEY HAVE A VERY PROFESSIONAL TEAM, GOOD QUALITY OF SERVICES, GOOD VALUE... FOR PRICE.I RECOMMEND THIS COMPANY.read more
Experience with HLB Hamt in audit experience is great pleasure. They deploy well qualified accounts team for audits.... And the amount of checking they perform give the management of the company confidence that internal controls are well in place. We are glad to see they have high standard of audit practices.read more
Professionally managed firm with commitment to the engagements taken. My company and its group are assigning our... requirements for last 12 years to HLB and we don’t have any negative remarks on any assignments.read more
In my opinion, HLB Hamt is one of the best professional firms in UAE after big4. Excellent client service, professional... and competent staff and timely delivery are their strength. Over the years they have developed the infrastructure and skill set to handle multiple verticals ie, audit, tax services, consulting, IT support etc.Wishing HLB Hamt team all the very best.read more
Thank you Team HLB hamt...Your internal auditing team put the good amount of time and inputs in helping the... organisation making considerable improvements throughout the organisational working structure and helps in building the better business.Thanks.read more
High-Performing IT Teams, I'm impressed with the knowledge level of their deputed staff, audit procedures, and... checklist adopted. Mr. Vimal especially understand the requirement and provide solution not only technical feasibility and also considered budgeting. We’re confident in their abilities.read more
We have been working closely with them on payroll services for quite sometime.They provide very professional... services,experts in domain and excellent support. Would recommend them.Cheers.read more
Very professional team. Vimal has always given us good solution advice for various Software and IT Infra projects. We... are very Extremely satisfied working with him and his team. Wishing them success.read more
I have worked with HLB as a partner of Sage for about 2 years, they were dedicated to the success of the partnership... and kept aligned with the business plan that was agreed between our two companies. They are always ready to go the extra mile for a customer and don’t shy away from challenging circumstances. Keep up the good work and wish you all the success in the future.read more
Team of well qualified and organised professionals. Their reports are not based on numbers first they will understand... their client and their business. They are highly recommended and trust worthy.read more
We're glad to have found HLB Hamt to conduct the IT audit and risk assessment for our organization. We have learned a... lot from their team during that first project. And since then, we've continued to be in touch with them. Mr. Vimal especially is very good at presenting technical concepts in simple yet interesting ways that non-IT and business people alike would easily catch. We are very happy with the professionalism and quality of service they provide. They leave their clients nothing short of satisfied. Highly recommended.read more
This website uses cookies to improve your experience.Accept You can Read More here . By continuing to use this site you are giving us your consent to do this
Privacy & Cookies Policy
Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
