What to Know About the UAE When Relocating for Permanent Residency
Dubai is more often chosen than other cities for relocation to permanent residency. Its neighborhoods are ideal for family life and building one's own business. Here, there is a good education system and a high standard of living.
Despite being a tourist destination, the United Arab Emirates is a Muslim country, meaning it has its own traditions and laws. Accordingly, before relocating, one must weigh the pros and cons. First, it is important to familiarize oneself with the education and healthcare systems. Even if you choose a prestigious area such as Keturah Reserve in Dubai, you should learn about working conditions in the country, benefits for students and pensioners, and more.
Most Common Questions When Relocating for Permanent Residency to Dubai
Couples, of course, are interested in:
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education level,
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healthcare,
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location of educational institutions,
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cost of apartments and other factors.
Education in the Emirates is one of the most highly regarded in the world and is valued globally. The state invests huge amounts in its development, allocating around 25% of GDP to this purpose. Education is free for citizens, and students receive substantial scholarships. It is also advantageous for foreigners, as tuition fees are significantly lower. Housing is also available in various price categories, which is another major plus.
The education system includes three stages: preschool, secondary, and higher education. Often, preschools have separate education for boys and girls. Secondary education is continuously improving. Higher education is valued because teachers hold academic degrees. Citizens of the UAE receive free education, and additionally, if a child chooses to study in another country, the education is paid for. Foreigners can receive such benefits only after becoming citizens, which is possible if they purchase real estate in Dubai.
Opportunities for Employment
Salaries for locals are quite high, while hired labor is inexpensive. On average, young people earn 4 - 10 thousand dollars. Qualification increases opportunities. Many entrepreneurs engage in investments in Dubai real estate. Pensioners live comfortably here, and by this age, people start earning up to 100 thousand dollars.
Both foreigners and locals investing in houses, villas, and apartments in Dubai, over time, receive good profits from sales. Therefore, investing in Arab real estate is a way to secure one's future.
As for other sources of income, there are many job vacancies in the UAE due to the country's expansion. However, state positions are held only by locals. Foreigners are invited into the service sector. Salaries range from 1.5 to 2 thousand dollars.
Buying Real Estate in Dubai
The tax system allows purchasing property regardless of place of residence. As a result of buying an apartment, a person receives a residency visa, which can include family members and close relatives. Since 2022, the investment amount required to obtain a gold visa is 2 million dollars. The average cost per square meter of property is 3,500 dollars. Much depends on the region. For more information on housing prices and current options, visit the website https://www.axcapital.ae/ru.