Those investors seeking a Golden Visa can now get a 10- a year UAE residency by investing Dh2 million or above in Dubai’s fast-growing property market through the online property technology platform Stake.
This is the first time in Dubai that investors can get a Golden Visa through a digital investment platform.
The company is offering a Golden Visa to property investors through special purpose vehicles (SPVs) registered with the Dubai International Financial Centre( DIFC).
Besides, there is no restriction on where investors must live to qualify for the Golden Visa unless the minimum investment threshold of Dh2 million is met.
Rami Tabbara, co-founder and co-CEO of Stake stated, ” As this is the first digital investment platform to offer the service, we invite global investors to capitalize on Dubai’s unmatched real estate potential. This is certainly a golden opportunity as everyone wants a piece of Dubai, and we have made it extremely easy to get started”.
Moreover, property investors and end-users can also obtain a Golden Visa by investing Dh2 million in a property. Local property developers are also promoting golden visas for property buyers.
The Golden Visa has been a significant attraction for foreign investors seeking long-term residency in the UAE, especially from countries in the Middle East and North Africa( Mena), the Indian Subcontinent, Russia, and Europe.
In addition to property investors, the Golden Visa is granted to highly skilled professionals, scientists, and talented students.
The online property technology platform allows investors to spread their capital across multiple properties in prime areas in Dubai rather than allocating a Dh2 million investment to a single property to achieve a diversified real estate portfolio.
The DIFC– based commonly also eradicates the need to purchase-off plan property and offers investors the opportunity to buy a piece of ready-to-occupy properties. This approach will generate rental income faster and ensure a more dependable and stable revenue stream compared to off-plan investments.
