EU resident buys in Dubai
Vitaly asks:
Can an EU resident buy a property in Dubai? What are the requirements? Taxes? What about the visa?
Thanks
Expert answers (5)
Hello! An EU resident can purchase real estate in Dubai! The requirements for EU residents are the same as for citizens of any country. A resident visa can be obtained by buying a property worth $ 205,000 or more. In Dubai, real estate is not taxed. The payment for the registration of real estate is 4%.
12.09.2023
(Immotrading GmbH)
Dear Vitaly,
Thank you for the question.
Yes, an EU resident can buy a property in Dubai. The requirements will depend on which object you plan to purchase and for what purposes. I am ready to discuss the details with you.
Sincerely,
Irina Buzhak
Thank you for the question.
Yes, an EU resident can buy a property in Dubai. The requirements will depend on which object you plan to purchase and for what purposes. I am ready to discuss the details with you.
Sincerely,
Irina Buzhak
19.04.2022
(Stage Properties Brokers L.L.C)
Good afternoon Vitaly, we will provide you with detailed advice on your questions.
EU residents, as well as residents of absolutely any country, can purchase real estate in Dubai without any restrictions. There are no taxes in Dubai, the only thing is paying only 4% for the registration of real estate in the land department.
For the services of our agency, when buying real estate from a developer, we do not charge a commission from the client, when buying a secondary market - 2%.
You get a UAE resident visa with an investment of 750,000.00 AED (205,000.00 USD) for three years.
There is also an option to get residency for 5 and 10 years, depending on the amount of investment.
This visa also applies to your family. the cost of a visa is 4,000.00 USD for the whole family, it is mandatory to have insurance (international).
The visa is obtained upon completion of construction.
Sincerely,
Anna Skoptsova
Stage Properties.
EU residents, as well as residents of absolutely any country, can purchase real estate in Dubai without any restrictions. There are no taxes in Dubai, the only thing is paying only 4% for the registration of real estate in the land department.
For the services of our agency, when buying real estate from a developer, we do not charge a commission from the client, when buying a secondary market - 2%.
You get a UAE resident visa with an investment of 750,000.00 AED (205,000.00 USD) for three years.
There is also an option to get residency for 5 and 10 years, depending on the amount of investment.
This visa also applies to your family. the cost of a visa is 4,000.00 USD for the whole family, it is mandatory to have insurance (international).
The visa is obtained upon completion of construction.
Sincerely,
Anna Skoptsova
Stage Properties.
15.04.2022
(Horizon Realty)
Vitaly good afternoon!
Citizens and residents of any country can buy real estate in the UAE.
There are no taxes on real estate in Dubai, the only thing is paid 4% for the registration of real estate in the Land Department, once when buying only. Sometimes developers make a discount on these 4%.
When buying a property, a passport and payment are required.
To apply for a 3-year visa, the amount of real estate must be above $ 205,000 and can be renewed every 3 years.
Visa for 5 years, the amount of real estate must be above $ 550,000 and can also be renewed every 5 years.
Sincerely,
Tilek Dzhaychiev
Z&T Sky Real Estate
Citizens and residents of any country can buy real estate in the UAE.
There are no taxes on real estate in Dubai, the only thing is paid 4% for the registration of real estate in the Land Department, once when buying only. Sometimes developers make a discount on these 4%.
When buying a property, a passport and payment are required.
To apply for a 3-year visa, the amount of real estate must be above $ 205,000 and can be renewed every 3 years.
Visa for 5 years, the amount of real estate must be above $ 550,000 and can also be renewed every 5 years.
Sincerely,
Tilek Dzhaychiev
Z&T Sky Real Estate
14.04.2022
(Fam Properties)
Good afternoon Vitaly,
Yes, an EU resident can buy a property in Dubai. The requirement is simple: passport, money. You can get a residence permit (Visa) by investing more than $250,000 in ready-made real estate.
Regarding taxes, please consult with tax consultants in your country.
Sincerely,
Ravshan
fam Properties
Yes, an EU resident can buy a property in Dubai. The requirement is simple: passport, money. You can get a residence permit (Visa) by investing more than $250,000 in ready-made real estate.
Regarding taxes, please consult with tax consultants in your country.
Sincerely,
Ravshan
fam Properties
14.04.2022
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