I understand that foreign investors can obtain residency in the United Arab Emirates by investing 1 million UAE dirham in the local real estate market. How long do investors need to maintain the investment? What are some other things investors need to pay attention to in this investment route?
The investment in Dubai for 1 million AED allows you residency for two years on a renewable basis only. Having said this, you still have additional license to pay for the visa part. The property needs to be maintained the whole time. The day you sale your investment, the residency will be cancelled.
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