What, Why & How of Golden Visa 1?

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Due to their ability to expand business and lifestyle opportunities and extend market reach, golden visas are the key to optimizing a high-net-worth portfolio. Acquiring a golden visa is the best possible insurance policy against economic and political risk in a volatile world. In addition to enabling global mobility, golden visa programs give wealthy individuals the option of physically relocating to a more favorable jurisdiction and accessing full residence rights, including the right to live, work, study, and receive healthcare in that country.

A Golden Visa is a residential permit in a foreign country secured upon purchase of high-end property or investment. A Golden Visa refers to the immigration program which allows wealthy individuals to get a residence permit or even citizenship in another country simply by purchasing a house there or making a relatively large investment or donation.

Different countries have different investment options and the property prices are often in the range of millions. Year, 2022, saw a sharp rise of around 10-15 per cent in interest among Indians regarding residential opportunities in other countries as compared to the same period in 2021. 

Among all the options available today Dubai, has emerged as a favourite investment destination for Indians buying real estate abroad.

Several factors apart from lower prices and its proximity to India are responsible for the growing demand - for instance, favourable government measures, including the UAE’s long-term visas of five and 10 years to entrepreneurs, professionals, investors, and specialists in the medical, scientific, research and technical fields. While Indian HNIs are among the top investors in Dubai, luxury properties continue to attract wealthy Indians looking for options priced between Rs 2-6 crore.

The sliding prices post-COVID-19 too have brought a cross-section of businesspeople and professionals to show interest. Dubai is still a buyers’ market, with housing affordability remaining attractive over the last couple of years. Property prices have now more or less bottomed out, and the price correction trend is receding. Prices will probably remain stable over the 12-18 months.”

Increasing demand for luxury living 
The UAE Golden Visa launched three years ago has led to an increase in demand for luxury apartments in Dubai. The Golden Visa 10-year residency permit allows foreign nationals to live, work, or study in the UAE. Investors, entrepreneurs, notable scientists, talented students, humanitarian people, and frontline heroes are the most eligible applicants for this route.

Investors can buy a house or invest in UAE to secure a Golden Visa. Dubai does not levy income tax, making it an ideal investment destination for foreigners.

How much does one need to invest in Dubai to secure a Golden Visa? 
Dubai already is a favourite among Indians and constitutes 30 per cent of its ex-pat community. Buying a house is the simplest way of investing and securing a Golden Visa. Dubai government has also reduced the investment size in real estate - to AED 2 million (INR 4,43,92,502.50), making it possible for many more Indian families to use the golden visa route.

It must be noted that Dubai also has no capital Gain Tax, which makes investment in real estate a compelling proposition. Ease of doing business and a tax-friendly environment is definitely a big plus.” 

Golden Visa as a sales push for Dubai luxury real estate 
The Golden Visa has generated a strong interest among Indians to buy luxury property in Dubai. Dubai’s infrastructure, feel experts, provide the perfect backdrop for luxury living as well. 

After the recent overhaul in Dubai’s golden visa rules Indians are out to acquire luxurious residence and fulfill their long-fetched dream of living a hassle-free, lavish life in the Gulf. Dubai is witnessing a steady influx of millionaire Indians recently as more and more high-net-worth individuals (HNWIs) are looking to milk this golden opportunity to the tee. Dubai’s premium quality of life, ease of investment, benevolent tax structure, highest returns in terms of rental yield, solid capital appreciation on investment, world-class infrastructure, and steady economic growth, has provided a good reason for Indians to designate it as their second home.

Changes in the Dubai Golden Visa rules 
The recent changes in the Dubai Golden Visa rules include a reduction in the perquisite investment amount to AED 2 million (approx. Rs 4.2 crore). The visa duration is now extended to 10 years from five years previously which has allowed High Net Worth Individuals (HNWIs) to take a long-term approach to building a life in Dubai. The revised law has allowed the merger of properties for securing the Golden Visa which has made it easy for Indians to invest in multiple projects. Entrepreneurs can also invest in a Dubai startup under the new laws. #dubai #dubaibusiness #goldenvisa #immigration #secondpassport #permanentresidency

Dr. Ajay Kummar Pandey

( LLM, MBA, (UK), PhD, AIMA, AFAI, PHD Chamber, ICTC, PCI, FCC, DFC, PPL, MNP, BNI, ICJ (UK), WP, (UK), MLE, Harvard Square, London, CT, Blair Singer Institute, (USA), Dip. in International Crime, Leiden University, the Netherlands )
Advocate & Consultant, Supreme Court of India & High Courts

4C Supreme Law International, Delhi, NCR. Mumbai & Dubai
Tel: M- 91- 9818320572. Email: editor.kumar@gmail.com

Facebook: /4Clawfirm, /legalajay/ Linkedin: /ajaykumarpandey1/ Twitter:  /editorkumar / YouTube: c/4cSupremeLaw/ Insta: /editor.kumarg

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Can Enforcement Directorate arrest ?

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दुष्कर्म के नाम पर चल रहा था वसूली का खेल, महिला SI सस्पेंड: Delhi Police

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Will District Magistrate look after Child Welfare ?

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Insolvency and Bankruptcy Code Bill 2021: amendments for small businesses

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Can daughter in law drive out father-in-law from family property?

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Can your brother and Sisters have claim over your property ?

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Are women safe at home?

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A woman is raped every 5 hours, 10 mins in Delhi

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Centre sets speed limit for vehicles in Delhi, heavy fines for over speeding

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Law and Covid

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Are you ready to die peacefully

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DO YOU HAVE WILL TO WALK ?

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सवाल: मकान मालिक या किरायेदार... किसे फायदा पहुंचाएगा केंद्र का नया कानून, जानिए प्रमुख बातें

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Do you want to earn huge money?

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WhatsApp पर तीन रेड टिक? नहीं, सरकार आपके मैसेज, कॉल रिकॉर्ड नहीं कर रही है

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Are you next victim of Spy Groom war?

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काम की बात: क्या नॉमिनी ही होता है उत्तराधिकारी? जानिए क्या कहता है नियम और क्या हैं इनके अधिकार

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My father passed away without a will. Who has legal rights to his property?

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Get paid without insurance for Covid death

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News You Can Use.

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कोरोना में पैरेंट्स को राहत:सुप्रीम कोर्ट ने कहा- स्कूल चलाने का खर्च कम हुआ, इसलिए ऑनलाइन क्लासेस की फीस घटानी चाहिए

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Big Day: Big News

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रेमडेसिविर की कालाबाजारी में प्रख्यात न्यूरो सर्जन सहित 3 गिरफ्तार, इंजेक्शन की बड़ी खेप और 36 लाख रुपये बरामद

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Are you ready?

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Can winking and Blowing kisses land you in Jail ?

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Setback for Britannia Industries as Delhi HC junks trademark infringement plea against ITC Limited

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नोएडा, गाजियाबाद से दिल्ली में लग रहे जाम पर सुप्रीम कोर्ट हुआ सख्त, जारी किया नोटिस

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UNHOLY HOLI, Will Holi land you in Jail ?

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क्रिप्टोकरेंसी को सरकार ने किया स्वीकार! कंपनियों को देना होगा हर लेन-देन का हिसाब

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Reservation more than 50 per cent is need of hour: Maharashtra

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आईटीआर में खामी रह जाने पर इनकम टैक्स 7 तरह के नोटिस जारी करता है, जानिए इनका मतलब

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Person Who Has Not Drawn The Cheque Cannot Be Prosecuted U/s 138 NI Act Even In Case Of Joint Liability: Supreme Court

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Didda Copyright Row: दिद्दा कॉपीराइट विवाद पर मुश्किल में कंगना, कोर्ट के आदेश पर एक और FIR दर्ज

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फैसला: सुप्रीम कोर्ट ने किराएदार पर लगाया एक लाख का जुर्माना, अद्भुत मामला दिया करार

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चेतावनी! 15000 रुपए का कटेगा चालान और 2 साल की होगी जेल, अगर गाड़ी में किया यह काम

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Oyo lost arbitral battle

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पत्नी कोई गुलाम या संपत्ति नहीं, पति के साथ रहने के लिए मजबूर नहीं किया जा सकता- सुप्रीम कोर्ट

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किसी को शादी के लिए झूठा वादा नहीं करना चाहिए, चाहे पुरुष हो या महिला: सुप्रीम कोर्ट

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How to jump the corporate ladder by selling Gossip at 15 Crore ?

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सुप्रीम कोर्ट की बड़ी टिप्पणी: जीवनसाथी की प्रतिष्ठा को ठेस पहुंचाना मानसिक क्रूरता के समान

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सुप्रीम कोर्ट की बड़ी टिप्पणी: जीवनसाथी की प्रतिष्ठा को ठेस पहुंचाना मानसिक क्रूरता के समान

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पिता की संपत्ति में मिलता है बराबरी का हिस्‍सा, हर बहू-बेटी को पता होने चाहिए अपने ये अधिकार

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उत्तराधिकार पर सुप्रीम कोर्ट का बड़ा फैसला, महिला का मायका पक्ष भी परिवार का हिस्सा

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Act beyond Act: CSR

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स्किन से स्किन टच के बिना सेक्सुअल असॉल्ट का मामला नहीं... हाई कोर्ट के इस फैसले के खिलाफ महिला आयोग सुप्रीम कोर्ट पहुंची

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Decriminalisation of the Limited Liability Partnership Act

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Budget 2021: Key changes in GST to help small and medium- sized businesses

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1 to 5 crore loan without colletral made easy: Budget 2021

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Is GST is becoming a headache for you.

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Moment of rare pride

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बिहार पुलिस के सर्कुल ने बिहार प्रेस बिल की याद दिला दी है

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Italy court orders Facebook to pay $5 million in damages for copying app

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Foreigner To Deposit Cash Amount For Bail

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How legal is COVID-19 vaccine ?

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WhatsApp's private chat leaked on Google, anyone can read your personal talks

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Do you know 18 must Laws for every Indian?

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Why should I trust you or your business?

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Do you need clearance from your RWA to employ your maid?

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क्या तलाकशुदा पत्नी घरेलू हिंसा अधिनियम के तहत निवास के अधिकार का दावा कर सकती है?

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SC grants Woman's Right to Residence Under the Domestic Violence Act

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Corporate War: Cookie King who fought with TATA and Ambani

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HINDU MARRIAGE ACT : DIVORCE GRANTED TO HUSBAND ON THE GROUND OF MENTAL CRUELTY CAUSED BY WIFE

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Facebook love or chat can land you in Jail

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Financer can take way Car in case of payment default

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18000 Crore Company, 8000 Crore personal worth, wife & sons living in street

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Do you love your wife and children?

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When the second marriage of a married woman / man becomes an offense under section 494

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Is Rhea Chakraborty guilty?

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Daughters have equal right in ancestral property

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Is second wife entitled for share in Property?

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How to save your hard-earned wealth from legal hassles?

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What will happen to property of Hindu after his death?

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Are you safe at home?

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Can sex with your own wife land you in jail ?

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Can you land in jail for sharing Obscene Message online in private?

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Legally speaking who discovered America?

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47 years old legal dispute finally decided

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Are you a victim of Covid-19 Goonda Raj? Part-2

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Are you a victim of Covid-19 Goonda Raj ?

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Can RWA stop your maid from coming to your home?

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Can you escape Contractual Obligation under Covid-19?

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Coronavirus: Is vaccine found for India Inc?

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Is Wife Entitled to Maintenance Even If She Runs A Business & Earns Income?

Golden Visa 1, golden visas, COVID-19, Dubai, Supreme Court, Dr. Pandey,  4c Supremelaw International, International Advocate, International Lawyer, Supreme Court Advocate, Supreme Court Lawyer, Best Advocate in India, Best Lawyer in India, Law Partener
Who will pay rent for lockdown period?

Golden Visa 1, golden visas, COVID-19, Dubai, Supreme Court, Dr. Pandey,  4c Supremelaw International, International Advocate, International Lawyer, Supreme Court Advocate, Supreme Court Lawyer, Best Advocate in India, Best Lawyer in India, Law Partener
Legal consequences of being whatsapp group admin

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