There are seven emirates in the UAE with most property interest focused on Dubai. From Abu Dhabi to Dubai and Ras Al Khaimah, regional and international buyers still invest enthusiastically, enjoying the easy payment terms and impressive tax-free resale returns that property in the country offers. In Abu Dhabi foreigners can only buy in designated areas on 99 year leases while in Sharjah they are only permitted to buy leasehold … Read the rest “Buying a property in UAE – an overview”
While many people do retire to Dubai, the emirate is not the ideal destination to spend one’s sunset years. The cost of living is high and without a permanent resident visa available for non-working expatriates, the very suggestion of retirement is perhaps does not come across as a good idea. Dubai is not a cheap option with real estate experts predicting house prices in the emirate to soon match or … Read the rest “Retiring in Dubai – rules”
No doubt, despite its fairly high cost of living, Dubai is still seen as of of the top destinations for employment. So if working and staying in Dubai entice you, here is the right article for you on how to obtain a Dubai Residence and Employment Visa.
Residence visas in Dubai are administered by the Immigration Department which is referred to as the General Directorate of Residency and Foreign Affairs … Read the rest “How You Can Get a Dubai Residence and Employment Visa”
Dubai’s cosmopolitan atmosphere and sub-tropical climate have always attracted second home buyers and retirees to settle here. But after the Dubai government’s passing of the long-awaited law allowing foreign freehold ownership of properties in the emirate in March 2006, Dubai has seen a marked interest from foreign property buyers, particularly Europeans, as a major investment destination. Today a foreign national can buy a freehold property in the emirate in areas … Read the rest “Buying property in Dubai as a foreigner”
Real estate players in Dubai have noted that there is an increasing demand for completed and near-completion premium residential projects.
According DAMAC Properties, the region’s largest private luxury developer, there is a marked increase in buyer interest in its portfolio of completed and near-completed residential projects.
“The Middle East is suffering from a significant shortage of quality residential properties for investment and end use, which may endure for several years,” … Read the rest “Rise in demand for premium residential projects in Dubai”
Coinciding with the 15th edition of India Realty Expo, a three-day property show that started on Thursday evening at the Crowne Plaza Hotel, Deira, Dubai, realty experts discussed property related legal issues such as wills, succession, capital gains tax and repatriation procedures for NRIs.
Earlier, speakers at the interactive knowledge seminar, India Happening, organised by Maharashtra Chamber of Housing Industry (MCHI) in connection with the exhibition gave valuable advice to … Read the rest “India Realty Expo in Dubai focuses on NRI legal issues”
Every country has laws to help foreign nationals buy property, but also to protect the interests of its citizens. In many countries, buying a property as a foreign national can be very cumbersome, but in certain nations, governments are encouraging foreign nationals to invest in their respective real estate markets, thus having very investor-friendly laws. Here are some of the countries and the laws of the land in regard to … Read the rest “Buying a property as a foreign national”