How to obtain a Dubai residency visa through real estate?

Real estate investment in Dubai provides a unique opportunity to obtain a residency visa, but it's essential to meet specific conditions. Seaside, the leading French real estate agency in Dubai, meticulously details the criteria for obtaining the real estate residency visa in 2024, highlighting the advantages, requirements, and the procedure to follow. Advantages of the Dubai Residency Visa The Dubai residency visa offers a multitude of benefits. In addition to tax advantages, it allows for a stay of more than 6 months per year in Dubai, providing exceptional flexibility. Holders can also obtain a local driving license without retaking the exam, open a bank account on the same terms as a local resident, and much more. Requirements for Real Estate Investors To obtain the coveted Dubai residency visa, the investor must have acquired real estate worth 750,000 AED or more. This visa, initially valid for 2 years, can be renewed as long as the owner retains the property. In cases where the investment reaches or exceeds 2 million dirhams, the Dubai residency visa can be extended for a period of up to 10 years. Procedure for Obtaining the Residency Visa If you have purchased your property through Seaside, simply contact your dedicated real estate agent to receive all the necessary information. The Seaside team will be by your side at every step of the process, providing personalized support to facilitate the acquisition of your Dubai residency visa. The dedicated team at Seaside is ready to provide you with all the information and support you need to make the process hassle-free. Their goal is to ensure a smooth and successful experience for your real estate investment and the acquisition of your Dubai residency visa. Investing with Seaside in Dubai goes beyond acquiring a property; it also guarantees a professional collaboration that streamlines the entire process, from the initial investment to the realization of your residence project in Dubai.