What will be cheaper after Golden Visa to buy a house in Dubai?
The dream of settling in Dubai is no longer limited to the rich. United Arab Emirates (UAE) The government has made a big change in the rules of golden visa and made it easy and accessible to more people. Now to get a golden visa to live, work and study in Dubai, you will not have to invest heavy in property or business there.
Golden Visa is actually a long term residency permit, which allows foreign nationals to stay, work and study in Dubai for a long time. Till now, crores of rupees had to be invested to get this visa, but now it can be found by paying a fee of only 23.30 lakh rupees.
With this change, not only billionaires, but also middle class and upper middle class people of countries like India can also fulfill the dream of starting life in Dubai. Earlier, where an investment of at least Rs 4 crore was necessary for the golden visa, now it can be given only by filling the fees.
After getting a golden visa, people can also plan to buy a house in Dubai. There the property prices vary according to location and facilities.
If you want to take a house in Dubai and rent it, then it can be a profitable deal. Dubai is a tourist destination, so the demand for property remains there. You can get a return of 5% to 8% annually. The most special thing There is no tax on rent earnings.