Are foreigners allowed to own property in UAE?
When we asked expats in UAE if foreigners are allowed to own property, they answered...
"Yes. Expats cannot become full property owners and they cannot get permanent residence, so its usually contracted as a 100 year lease or something similar," commented one expat who made the move to Dubai, UAE.
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"Yes, foreigners are allowed to own property in the UAE. The UAE government has implemented a number of laws and regulations that allow foreign investors to purchase and own real estate in the country. Foreigners are allowed to purchase freehold property in designated areas, such as Dubai, Abu Dhabi, and Ras Al Khaimah. In addition, foreigners can also purchase leasehold property in other areas of the UAE. However, it is important to note that foreign ownership of property in the UAE is subject to certain restrictions and regulations," remarked another expat in UAE.
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Are foreigners allowed to own property in UAE?
If you live in the UAE, newcomers to the UAE would love to hear your answer to this question:
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.