More Indians seeking a home in UAE after ease in Golden Visa rules
The Economic Times
Faizan Haidar | ET Bureau
The recent overhaul of the golden visa rules in the UAE has led to an increase in demand for luxury residences, as more Indians opt for a second home in Dubai and other emirates, according to property consultants.
Developers in Dubai, which attracts most of the demand, have started holding property expos in India to make buyers aware of the new rules and their benefits.
“Buying a house is the simplest way of investing and securing a golden visa. Dubai also has no capital gains tax, which makes investment in real estate a compelling proposition,” said Akash Puri, director, international business, India Sotheby’s International Realty.
