The Golden Visa program which offers long term residency for property investors has been a game changer for the market. It encourages foreign nationals to buy rather than rent effectively turning them into long term end users. To qualify investors t…
The Golden Visa program which offers long term residency for property investors has been a game changer for the market. It encourages foreign nationals to buy rather than rent effectively turning them into long term end users. To qualify investors typically need to own property worth 2 million dirhams or more. This policy significantly boosts demand for properties in the 2 million plus bracket such as the townhouses in Damac Islands providing price support and stability.
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