48531636888
+48665405352

European Interest in the UAE's Golden Visa Program Is Growing

Home
-
Blog
-
European Interest in the UAE's Golden Visa Program Is Growing
european-interest-in-the-uaes-golden-visa-program-is-growing
810017 Views

According to EU Helpers, real estate executives told Khaleej Times that investors from Switzerland, Germany, France, and the United Kingdom have expressed interest in the ten-year residency scheme.

Furthermore, investors from Turkey, France, Italy, Russia, and the United Kingdom were among the top 10 buyers of real estate in the United Arab Emirates in 2023, according to BetterHomes.

Through the residence by investment program, foreigners can get residency in nations that provide these kinds of programs.

The UAE recently decided to do away with the Residency by Investment scheme's one million dirham (about Rs 2,26,31,327) minimum down payment requirement. This decision has also drawn interest in the program from nationals of several other nations.

According to local media sources, the new regulations may result in more construction projects, more jobs, and a greater uptick in the real estate market's economy.

Additionally, local media reports suggest that this could attract new investors and boost the confidence of current ones, keeping the UAE real estate market robust and steady.

In comparison to the same period last year, Dubai has seen a total 52% increase in the number of golden visas given in the first half of this year, according to the General Directorate of Residency and Foreigners Affairs (GDRFA).

The United Arab Emirates' Golden Visa Scheme was introduced by the government to increase the number of foreign visitors to the nation and provide them with the option to become residents by making financial investments in the region.

The program quickly rose to prominence as one of the most important in the Middle East and North Africa.

Disclaimer

EU helpers are not affiliated with any government or government agency for permits. EU helpers provide immigration guidance, and concierge services for immigration and charge a service fee. It maintains www.euhelpers.pl, a private publishing website, which offers general information on issues related to immigration/permits. It is neither a legal firm nor does it provide any kind of legal advice or suggestions to its users. While we strive to keep the information up-to-date, certain terms, such as immigration eligibility criteria, may change without prior notice.

*Regarding our Job Search Service, we specialize in Resume Writing, LinkedIn Optimisation, and Resume Marketing. It is important to clarify that we do not advertise jobs on behalf of foreign employers or act as representatives for any overseas employer. Please note that our service is not a placement or recruitment service and does not guarantee job placement.

# Our REGION 527259419, KRS 0001077333, NIP 7011180860 is supported by polish lawyers who ensure fairness and compliance with legal regulations.

It is to be noted that the content here is intended for informational purposes only and should not be considered as legal or tax advice. It is always advisable to consult with your own legal and/or tax advisor(s). does not provide legal or tax advice. The information presented is general in nature and is not tailored to any specific company or workforce, nor does it reflect how it operates in a particular jurisdiction. takes no responsibility for this information's accuracy or timeliness and shall not be held liable for any losses resulting from the use of or reliance on this information.