![UAE banks drive Golden Visa demand with competitive mortgage rates, residency support](https://flashgroup.net/storage/general/dirham.jpg)
Powerd By VegaSDS.
2023-09-13 05:41:38
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.
A minimum document policy for non-resident housing loan applicants is another major incentive offered by banks for foreign nationals, attracting them in large numbers to seek both mortgages and Golden visas.
ref: https://www.arabianbusiness.com/industries/real-estate/uae-banks-drive-golden-visa-demand-with-competitive-mortgage-rates-residency-support