Freehold apartments start at $79,500, and will be 100% owned by the investor, with a 12-year visa offered on purchase.
UAE-based real estate developer, services provider, and investment company is offering investors the opportunity to secure a 12-year residency visa, when they purchase a ready-to-move-in seafront or golf-course view home. An award-winning master-planned communities set in the emirate of Ras Al Khaimah.
An apartment RAK starts at $79,500 (AED292,000). Investors will also have the opportunity to make the payment over a five-year period with a 20% upfront payment of the total value. The freehold home will be 100% owned by the investor.
s part of the package, investors will also enjoy incentives and benefits including an additional partner visa and a flexi-desk with modern amenities to conduct business.
The offer will also assure long-term return on investment with an average internal rate of return (IRR) up to 8% annually.
Investors can also benefit from high rental values being one of the in-demand residential communities renowned for its amenities, low service charges, and competitive utility charges compared to other emirates in the UAE.
In addition to the quality of life in an extremely safe environment, investors who choose to set up a business in Ras Al Khaimah can take advantage of low cost of resources, modern infrastructure, and state-of-the-art facilities.
Furthermore, they stand to benefit from 100% ownership of the business, 100% repatriation of capital and profits, no corporate tax, and zero personal tax.
“The new package aims to attract entrepreneurs, freelancers, consultants and seniors, anyone looking to live and work in the UAE.”