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Why do investors from all over the world apply for a Dubai residence permit?

Why do investors from all over the world apply for a Dubai residence permit?

29 September 2021

Why do investors from all over the world apply for a Dubai residence permit?

Dubai actively attracts young investors from all over the world – there are many opportunities for life, business, work and study. The government is interested in economic prosperity and provides expats with a legal way to stay in the country for a long time.

Residence permit in Dubai can be obtained by foreign citizens for investments in real estate from $ 272,000.

Benefits of a Dubai residence permit:

  • Ability to reside in the UAE, as well as come and go at will during the entire period of validity
  • The holder of a residence permit of an investor in Dubai becomes a tax domicile of the UAE and his property and business are not taxed in the country of his citizenship (regulated by the rules of the investor’s country of residence)
  • Ability to apply for an Emirates ID, open a bank account, purchase a UAE driver’s license and more
  • Permission to sponsor the entry into the UAE of your spouses, children and parents

ARAVANA Multifamily Office was present at the business breakfast of Russia Sotheby’s International Realty partners on the topic “Dubai: real estate, starting a business, residence permit” in Moscow.

Business breakfast program:

  • Overview of the main trends in the investment property market in Dubai
  • Presentation of objects: real estate for living and investment
  • Starting a business and obtaining a residence permit
  • UAE: features of taxation
  • Guest speakers: a licensed lawyer with over 15 years of experience in business and tax planning and one of the largest real estate developers in Dubai.

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29 September 2021
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