We noticed you're blocking ads.

Keep supporting great journalism by turning off your ad blocker.

Questions about why you are seeing this? Contact us

Font Size

- Aa +

Thu 30 May 2019 10:58 AM

Font Size

- Aa +

Video: How the UAE's Gold Card will impact real estate investment

The move from the UAE to grant permanent residency has been welcomed by the business community, but what impact will it have on the real estate market? In this week's episode of FM Live Nikhil Pereira delves into a report from Property Finder.

According to the latest report published by real estate portal Property Finder: the UAE’s move to grant permanent residency to wealthy investors and entrepreneurs is a good step forward and likely to boost the fortunes of its property market.

Around 6,800 people have been granted permanent residency and a ‘Gold Card’ in the first round of applications. These residents have collectively pledged investments worth an estimated AED100bn.

(Source: Construction Week YouTube channel)