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Benefits of Investing in Real Estate for Golden Visas in the UAE and Greece

The UAE and Greece attract investors from all over the world. It is due to the favorable location of the countries, favorable climatic conditions, steadily developing economy, low crime rate, and other reasons.

Life in Greece can be compared to a fairy tale without understatement. Favorable ecology, mild climate, healthy products, and developed infrastructure (including a high level of health care system) will not leave you indifferent. Those who wish to buy a property in Athens can use the Greece Residence Permit service.

The UAE has the best conditions for doing business. Only financial institutions and companies in the oil and gas industry are taxed. It is worth mentioning medicine: it is recognized here as one of the best in the world.

What is Golden Visa or Golden Passport

The Golden passport emphasizes the official status of the applicant after his investments in the country’s economy. It can be purchasing property, opening a business to provide jobs, making a charitable contribution, or purchasing securities. 

Golden visa is a set of programs aimed at obtaining residence permit status and permanent residence for investment. These programs imply the return on investments after a certain period. 

What is the point of participation in these programs? Unconditional advantages attract applicants:

  • social security;
  • access to European education;
  • access to modern medicine;
  • visa-free travel to many countries;
  • determination of temporary and permanent residence;
  • improvement of living standards;
  • favorable tax regime;
  • protection of rights and freedoms.

The primary motivation of investors is to provide a reserve airfield in case of unforeseen situations. At the same time, it is not uncommon for a backup to become the main option.

How to Apply in UAE

Today, the UAE is one of the best countries for real estate investment. However, it does not mean that anyone can buy a property in Abu Dhabi. An applicant for a Dubai Golden Visa must meet the following criteria: 

  • age of majority;
  • no legal problems;
  • no health problems;
  • no visa violations;
  • availability of sufficient amount on the account;
  • proof of legal income;
  • does not pose a national threat to the country.

To obtain a visa, you must pass a security check, purchase real estate in UAE, and collect documents for participation in the program. 

A favorable climate (sun all year round), high standard of living, minimal crime, and developed infrastructure contribute to the rapid acclimatization of newcomers. You are guaranteed to fall in love with this picturesque place. 

How to Apply in Greece

Greece is an inseparable part of the European Union. Its comfortable climate, delicious cuisine, rich cultural heritage, and friendly population attract thousands of tourists yearly. In addition, it is a country with a strong economy and a stable political system. 

The service of purchasing real estate in Greece. It is becoming increasingly popular. The process includes: 

  • fulfillment of investment conditions;
  • collection of necessary documents;
  • get visa;
  • paying mandatory fees;
  • applying for a residence permit;
  • submitting biometric data;
  • receiving a residence permit card.

The applicant must be over 18 years of age and provide a certificate of no criminal record, medical insurance, medical certificate of absence of infectious diseases, receipts for payment of fees, and other documents. This issue is covered in more detail at immigrantinvest.com.

UAE Real Estate Market Overview & Benefits

If you want to invest in real estate in a country with a robust economy, it is recommended that you consider the UAE. You can buy a property in Dubai, become part of an active metropolis, experience all the delights of comfort, and enjoy the beauty of the local scenery. You can invest in a ready-made object or development. Ready-made real estate can be used for independent living or rented out. After all, wealthy people come to the UAE to solve essential issues. Unfinished object attracts more affordable costs.

Greece Real Estate Market Overview & Benefits

Another stable country for investors is Greece. According to Vladlena Baranova (Immigrant Invest agency), today is a good time to invest in real estate. Undeniable advantages are reliable economic growth with job growth, improved material well-being, and political stability. Greece shows an exemplary business confidence index, also considered when buying a residential property. The potential demand for housing has led to a more than 40% increase in real estate market prices in Greece over the past five years.  

Conclusion

Investment in real estate in countries such as Greece and UAE through the program “Golden Visa” is the most profitable option for a businessman. He received numerous additional advantages for whatever goals he pursued, including the expansion of his business and moving with his family to a country with comfortable conditions and housing. The list includes: 

  • permanent residence in a developed country;
  • tax optimization;
  • visa-free entry to many countries;
  • opportunity to provide quality education for children;
  • passive rental income, and so on.

You should contact Immigrant Invest specialists for detailed information on available opportunities.