UAE PR Visa to boost Real Estate in the nation

The recently launched UAE PR Visa for 10 and 5 years can boost the Real Estate market according to the experts in the industry. They opine that this will encourage immigrants to make an investment in property and settle in the UAE.
 

The UAE PR Visa was launched last week by the United Arab Emirates to attract exceptional talents and wealthy individuals. This initiative can attract a number of professionals and businessman from India to the UAE.
 

The UAE Gold Card Visa was launched by Sheikh Mohammed bin Rashid Al-Maktoum the Prime Minister of the United Arab Emirates. It is open to extraordinary talents such as Artists, Students, Scientists, Engineers, and Doctors as well as Investors.
 

Provis Executive Director Sameer Barakat said that the UAE PR Visa is a major initiative towards achieving the sustainable development and economic diversification goals of the nation. Provis is a Property Management and Real Estate firm in the UAE.
 

The measure will position further UAE as an innovative location for business leaders, said Barakat. It will offer millions of individuals with excellent opportunities. This is in a productive, safe, and tolerant environment, he added, as quoted by the Business Standard.
 

Dubai estate agents Allsopp & Allsopp CEO Lewis Allsopp said that it is a big milestone for the Dubai property market and the UAE. We have seen continual measures to boost the property market in the past few years. These are also aimed at adding permanence to the UAE, said Lewis. The UAE PR Visa for 10 and 5 years is a step ahead, he added.
 

Majority of the immigrants aim to make money when they immigrate to Dubai and have a plan for short-term. The Cabinet in UAE has decided to implement a Gold Card Visa for Permanent Residency, said Lewis. This will now encourage immigrant to view Dubai as a home and not a temporary option, he added.
 

Property Finder has also released a stamen on the latest development. PR Visa is a good progressive measure that will boost the property market fortunes, it said. Roughly 6,800 individuals have been offered PR Visa and a Gold Card in the first round of applications, it informed.
 

Property Finder Director of Research and Data Lynnette Abad said that this is a game-changer for the Dubai Real Estate industry. The complete details of the Gold Card like the terms, eligibility, etc are yet to be announced. Nevertheless, it is surely a step in the correct direction and very much required, added Abad.
 

Y-Axis offers a wide range of visa and immigration services as well as products to aspiring overseas immigrants including    Y-International Resume (Senior Level) 5+ yrs, Resume Marketing Services One State and One Country, Y Jobs Premium Membership, Y-Path – Y-Path for Licensed Professionals, Y-Path for Students & Fresher’s, Y-Path for Working Professionals and Job Seeker, International SIM card, Forex solutions, and Banking services.
 

If you are looking to Study, Work, Visit, Invest, Travel or Migrate to UAE, talk to Y-Axis, the World’s No.1 Immigration & Visa Company.
 

If you found this blog engaging, you may also like…
 

Jobseekers in the UAE want to stay for min 5 years