Do ppl buy apartments with the land or just apartmnets in Dubai? - dubai investors
Hello
I mean, of course, invest in Dubai?
I've heard are not excluded you just bought PPL Apartments in Dubai, and his country or passport Emirate of Dubai.
This means that if they want, they can say that investors must pay an additional amount that may be to Dubai.
Therefore, it is a safe country to invest.
Am I right?
Sunday, January 17, 2010
Dubai Investors Do Ppl Buy Apartments With The Land Or Just Apartmnets In Dubai?
1 comment:
In line with many countries, the United Arab Emirates has basically two different systems of ownership. In property and leasing. (The property is the equivalent of U.S. in fee simple).
Most condominiums actually rented and can vary in the length of 100-999 years, for example.
U.S. citizens are among the list of 33 "government of the privileged nations" of the United Arab Emirates. Basically, this visa allows for free, if they violate the laws of his country - as in every country. (Some citizens of certain countries are required to pay about $ 30 fare.)
UAE has a real estate market is booming with 20% of the exponential growth in the last 2-3 years. This growth should continue in the foreseeable future, simply because demand exceeds supply. It is always a winner.
The best of luck as you want ...
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