Investors can get Golden Visa by investing Dh2 million in Dubais fast-growing property market

Through the online real estate technology platform Stake, investors seeking a Golden Visa can now obtain the 10-year UAE residency permit by investing Dh2 million or more in Dubai's burgeoning real estate market.

The availability of a Golden Visa through a digital investment platform to investors in Dubai is a first.

Investors who purchase real estate through special purpose vehicles (SPVs) registered with the Dubai International Financial Centre (DIFC) are eligible for a Golden Visa from the corporation.

If an investor meets the minimum investment requirement of Dh2 million, there are no residency requirements to be eligible for the Golden Visa.

Investors from all over the world may start on the platform for just Dh500, despite the fact that property investing normally involves substantial sums of upfront cash and carries a high level of risk in the case of off-plan developments.

Additionally, by making a Dh2 million investment in real estate, end users and property investors can also qualify for a Golden Visa. Golden visas for buyers of real estate are also facilitated by local real estate developers.

Foreign investors seeking long-term residency in the UAE, particularly from the Middle East and North Africa (Mena), the Indian Subcontinent, Europe, and Russia, among other places, have been drawn in large part by the UAE's Golden Visa programme.

The Golden Visa is given, among others, to scientists, highly qualified professionals, and gifted students in addition to real estate investors.

The online property technology platform enables investors to spread their cash across numerous properties situated in prominent districts of Dubai, rather than committing a Dh2 million investment to a single property, in order to establish a diversified real estate portfolio.

The DIFC-based business also does away with the requirement to acquire off-the-plan property and instead allows investors to purchase a piece of ready-to-occupy real estate. Compared to off-plan investments, this strategy not only produces rental income more quickly, but also guarantees a stream of income that is more reliable and secure.