UAE banks drive Golden Visa demand with competitive mortgage rates, residency support
8th August 2023, Arabian Business
The easy mortgage policies are giving a major push to the growing property markets in emirates like Abu Dhabi, Sharjah, and Ras Al Khaimah as well
Banks in the UAE are emerging as the new heroes for pushing the country’s Golden Visa programme, aggressively wooing overseas investors with highly competitive fixed-term mortgage rates – as much as two percent lower than countries like the UK and India – and also doubling up as enablers for processing loan applicants’ long-term residency visa process, real estate industry insiders said.
