Understanding the 1 Million Property Visa in Dubai: Benefits and Requirements
Discover the essentials of Dubai's 1 million property visa for foreign investors and its residency benefits in this informative Q&A.
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The 1 million property visa in Dubai is a residency visa available to foreigners who invest in real estate worth at least AED 1 million. This visa allows property investors to live in Dubai and enjoy various resident benefits. Applicants should note that the property's title deed must be completed and that the investment should not be mortgaged.
FAQs & Answers
- Who is eligible for the 1 million property visa in Dubai? Any foreign national who invests in real estate worth at least AED 1 million is eligible for the 1 million property visa in Dubai.
- What are the benefits of the Dubai property visa? The Dubai property visa allows investors to live in the city and enjoy various resident benefits, including access to healthcare and education.
- Does the property need to be mortgaged to qualify for the visa? No, the property must not be mortgaged to qualify for the 1 million property visa in Dubai.
- How long is the 1 million property visa valid? The 1 million property visa is typically valid for two years and can be renewed depending on the ownership of the property.