Golden Visa: Will buying a house in Dubai become cheaper after Golden Visa? This is the price of a 2 BHK..

The dream of settling in Dubai is no longer limited to the rich. The government of the United Arab Emirates has made a big change in the rules of the Golden Visa, making it easier and accessible to more people. Now, to get a Golden Visa to live, work, and study in Dubai, you will not need to invest heavily in property or business there. What is the Golden Visa? The Golden Visa is a long-term residency permit that allows foreign citizens to live, work, and study in Dubai for a long time. Till now, crores of rupees had to be invested to get this visa, but now it can be obtained by paying a fee of only about Rs 23.30 lakh. Why is the Golden Visa special without investment? With this change, now not only billionaires, but also middle-class and upper-middle-class people of countries like India can fulfill their dream of starting a life in Dubai. Earlier, an investment of at least Rs 4 crore was required for a Golden Visa; now, this visa can be obtained by just paying the fee. How expensive is it to buy a house in Dubai? After getting the Golden Visa, people can also plan to buy a house in Dubai. The property prices there vary according to the location and facilities. Prices of 1 BHK flat: Downtown Dubai (near Burj Khalifa and Dubai Mall): ₹7.1 crore Dubai Silicon Oasis: ₹3.1 crore Dubai Marina (seaside): ₹91 lakh Jumeirah Village: ₹2 to ₹3 crore Prices of 2BHK flat: Downtown Dubai (1836 square feet): More than ₹23 crore Jumeirah Village (1050 square feet): ₹1.8 crore DAMAC Hills and Dubai Hills Estate: Favorite places for investment Opportunity to earn from rent too If you want to buy a house in Dubai and rent it out, then it can be a profitable deal. Dubai is a tourist destination, so the demand for property remains there. You can get a return of 5% to 8% annually. The most important thing is that there is no tax on income from rent. Disclaimer: This content has been sourced and edited from TV9. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.