UAE’s removal of minimum down payment for golden visas paves the way for diverse investor opportunities

Investor interest as the UAE government considers scrapping the Dh 1 million down payment for golden visas

United Arab Emirates, Dubai: In a bid to foster greater investor participation and deepen ties with residents, the UAE government is reported to be considering scrapping the Dh1 million ($272,294) minimum down payment requirement for golden visa eligibility through real estate investment.

Farooq Syed, CEO of Springfield Properties, a prominent real estate brokerage in Dubai, has hailed the potential elimination of the AED 1 million minimum down payment for real estate investments to qualify for golden visas as a significant step towards attracting foreign investment and catalysing growth in the real estate sector.