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|Posted on February 29, 2012 at 4:11 PM||comments (81)|
The market for freehold Dubai properties is still in its infancy and, as such, will undergo many changes in the coming years. When you look at a property for sale in Dubai there is financial and legal information that will help you arrive at a decision about whether or not to take the plunge.
Your individual circumstances and taste will determine which home in Dubai is right for you. However, you should be armed with as much knowledge as possible in order that the deal proceeds smoothly and you avoid the pitfalls associated with buying Dubai properties.
Financing the purchase of Dubai properties
How do you plan on financing your purchase? Most people require a loan to buy and before you start looking at property for sale in Dubai you should find out how much you can borrow. You should also think about what impact this will have on your finances and what you can afford to buy.
You can elect for either a Dubai mortgage, secured on your home in Dubai, or a UK mortgage, secured on assets at home. There are advantages and disadvantages to either method of financing the purchase of Dubai properties. Do your homework and evaluate which option is best for you in your hunt for a home in Dubai.
Legal services and documents concerning property for sale in Dubai
Do I need a lawyer when I am viewing property for sale in Dubai? What other legal services in Dubai are required when purchasing Dubai properties? Anyone new to the market for Dubai properties should seek professional advice before signing any legal documents when buying a home in Dubai.
As with major purchases anywhere, buying Dubai properties is not without risks. Professional advice is always best to help you avoid problems caused by inheritance and currency issues.
What else do I need to know about Dubai properties
The property market and legislation in Dubai is unlike almost anywhere else in the world. The system of freehold ownership of Dubai properties has only been in operation since 2002. Allowing foreign owners to register their properties is an even more recent inception.
Property for sale in Dubai is generally of the highest order. A few large construction companies are responsible for building Dubai properties and foreigners are not allowed to own land. This means buying a plot, acquiring planning permission and building your own home in Dubai is not possible.
If you are to be receiving a pension in Dubai then there are steps you must take to ensure you can receive it in the city and do not lose out.
Taking professional advice is the best way to keep yourself right at all stages when buying Dubai properties. Buying a home in Dubai is not something you should rush into and you should bear this in mind when viewing property for sale in Dubai.
|Posted on February 29, 2012 at 4:09 PM||comments (25)|
Visa information when moving to Dubai.
If you are moving to Dubai you are required to obtain a work permit and residency visa. Although you are able to legally buy a Dubai home without these documents your activities in the country will be restricted and you will not be able to stay there. Once you are in receipt of your Dubai visa you will be able to open a bank account, register for electricity and water and generally settle into your new life.
A Dubai visa for visitors
UK residents are entitled to a 60-day visitor Dubai visa, which they can obtain free on arrival in the city. This can be renewed for a further 30 days for a fee of around £85. Residents of a further 33 “privileged countries”, including the United States, Germany and Australia, can obtain a one-month non-renewable Dubai visa on arrival, costing in the region of £15-20.
Dubai visa for those buying a Dubai home
Those planning on moving to Dubai must obtain a Dubai visa for residence. Buying property in Dubai entitles you, and your immediate family, to residence visas in accordance with the latest immigration regulations. If you have already secured employment before moving to Dubai your employer should take care of the process of acquiring a work permit and Dubai visa.
Family visas are only available to those earning more than Dhs 4000 per month (approx £750). Most visas are valid for three years, at which point it must be renewed if you are to be allowed to stay in Dubai. Before being granted a residence visa, and establishing your Dubai home, all applicants are required to undergo a medical and obtain a health card, which must be renewed yearly.
Dubai visas for women moving to Dubai
Married men, who obtain a Dubai visa, may sponsor their wife and children for residency. However, a married woman cannot simply do the same if she wants her family to join her in her Dubai home. Women doctors, nurses and teachers are exceptions to this and are generally permitted to sponsor their families, allowing them the opportunity of moving to Dubai.
Costs of obtaining a Dubai visa
The only costs associated with a residence visa for moving to Dubai come from the cost of obtaining a health card (approx £56). A penalty charge of Dhs 25-100 (£7-19) will be applied for every day a visitor overstays.
Before accepting a position in UAE and moving to Dubai, it is advisable to check that your employer will sponsor your Dubai visa. You should then establish whether you are able to sponsor your family for residency allowing them to join you in your Dubai home.
|Posted on February 29, 2012 at 4:04 PM||comments (26)|
Relocating to Dubai – moving to Dubai and into your property in Dubai
Moving house can be a stressful experience at the best of times so relocating to
Dubai is fraught with extra complications. However, GoldFish Relocations carry out international moves every day and can help you when moving to Dubai.
Take time to choose the best way of getting yourself, your family and your belongings safely to your property in Dubai.
Relocating to Dubai – the options
The distance to Dubai restricts the options of how to get there and how much of your belongings you can take with you personally. Flying is your only real method of getting there and how much you take with you when moving to Dubai will depend upon airline luggage restrictions. It is recommended you take no more than clothing, other essentials and a few valuables to your property in Dubai initially.
Relocating to Dubai – the professionals
International shipping companies will deliver goods to Dubai from anywhere in the world. Air freight is another option for those moving toDubai
but it is far more inexpensive than by sea. You must also think how to get the goods to your property in Dubai from the airport or port. In this case, GoldFish Relocations, a professional moving company, who will deliver the goods door-to-door might be a better option. The prices charged vary greatly so it is a good idea to receive a few quotes if you are moving to Dubai.
However you choose to transfer your belongings when relocating to Dubai it is a good idea to carry out some research into the various options. Moving to a new property in Dubai can be expensive so it is advisable to make as many savings as possible, no matter how small they may be.
Relocating to Dubai – what to take
Some people choose to take nothing, or as little as possible, and start anew, others bring as much as possible to recreate the feeling of home. Our advice would be to take as little as possible with you to your property in Dubai and get rid of as many electrical appliances as you can. Think about what clothing you really need for the climate. Consider the storage space in your property in Dubai
and whether hefty furniture need be moved vast distances. Consider what can be replaced after moving to Dubai and what items are of particular sentimental value to you.
When relocating to Dubai remember to keep the following with you:
* Other important legal documents such as birth and marriage certificates
* Bank books/cheque and credit cards
* A number of passport-sized photographs
* Several photocopies of all the above
Oh, and enough money to get home – just in case!
Relocating to Dubai - pets
Pets moving to Dubai with you can do so provided they are healthy and their inoculations are all up to date. There is no quarantine in Dubai but cats and dogs must have an up-to-date rabies jab if they are to join you at your property in
Dubai. They must also wear an ID tag and will be destroyed if found wandering around unidentifiable.
All of this must be considered before moving to Dubai. Relocating to Dubai is a big move but if all goes to plan the move to your property in Dubai can be pain-free.