New Dubai Visa rules

New “Multiple Visit Visas” have been announced by Dubai Government this week. There are several types of new visas and these are of benefit to a range of cruise tourists, businessmen and property owners & their families. 6 Month Visit Visa for Property Owners For ANY Property Owner the following benefits apply:- -The visa will be for 6 months -Property owners can stay for length of Visa (6 months) -Dependents of Property owners can also stay 6 months at a time -It allows multiple entries -After 6 months a property owner can apply for another 6 months visa. -Visa only allows residence – you would still have to apply for a work visa in order to work. Note: -This, 6 month visit visa, like all visas are issued by Ministry of Interior and NOT by Developers or Estate Agents. -Buying any property does NOT entitle you to automatic lifelong residency in UAE However, this is a welcome step. Previously the UAE Property Visa was only applicable to Properties over AED 1m. The new Visa applies to property at ANY price. This gives even those buying a low cost Studio property with investment of just £35,000 a 6 months renewable visa. Investors can still use the normal 30/60 day “Tourist Visa” and tourists from many western countries get this visa free at the airport. However this is limited to 30 days with extension to 60 days at a time – not 6 months. See following News Articles below:- UAE Amends Visa Rules http://gulfnews.com/news/gulf/uae/government/uae-amends-visit-visa-rules-1.1101864 UAE Changes Visa Rules http://www.arabianbusiness.com/uae-changes-visa-rules-boost-business-tourism-478995.html Multiple-entry Visa is Introduced http://www.thenational.ae/news/uae-news/multiple-entry-visa-is-introduced-by-decree UAE to issue multiple entry visit visas http://www.thenational.ae/news/uae-news/multiple-entry-visa-is-introduced-by-decree Our view is that this will result in increased demand and hence increased prices on low cost properties such as the ones we have recommended for investment shown here:- http://www.openshoreproperty.com/dubai-investment-packages.php http://youtu.be/x0opma6TJFA