UAE Property Investment Forum

Property Ownership Laws Property ownership laws in the UAE are changing almost on a daily basis. The UAE property market started with a vague 99 year leasehold definition, but only on select projects. This was then extended to freehold ownership, but again only on certain projects. Land regulations and ownership was never clearly defined, and that deterred a lot of investors. Whether the property ownership laws are clear and concise today still remains a matter of opinion. If you’re up to date with ownership legislation, post your comments here and share your valuable information.

Reply
 
LinkBack Thread Tools Display Modes
(#1 (permalink))
Old
andy9k Offline
Junior Member
 
Posts: 15
Join Date: Feb 2007
Default Does freehold purchase means you can work in Dubai? - 10-04-2007, 09:06 AM

Hi,
I am a Canadian citizen who is interested in moving to Dubai with my family.
I read in other websites that if I find a job from here and move to Dubai, and later buy a freehold property in Dubai to become a permanent resident, when I cancel my visitors visa, I get banned for six months.
It is really confusing for me. If that’s the case, I’d rather move to Dubai first, buy a property, become a resident, then find a job.
Am I making any sense here?
Does anyone have a better suggestion as which option is better?
Any help is very appreciated.
Thanks,
Reply With Quote

Sponsors

(#2 (permalink))
Old
malachi9b6 Offline
Junior Member
 
Posts: 20
Join Date: Feb 2007
Default Re: Does freehold purchase means you can work in Dubai? - 10-04-2007, 09:09 AM

Most employers will provide a residency visa with the job. My husband is a teacher and the school provided us with a package including accommodation, bills, family residency and return flights home every summer. Most expats have a similar package. One of the teachers who arrived with us in August last year has brought a property here so will ask him what the deal is. Always better to get a job before you come as it’s not that easy to find one once you get here. Also you can get better deals on mortgages etc if you are resident here. Best bet is to get a job with great package and visas included then look to buy when you have been here a few months. Contact some agencies in Dubai they should be able to tell you what to expect. What line of work are you in?

Good luck
Reply With Quote
(#3 (permalink))
Old
andy9k Offline
Junior Member
 
Posts: 15
Join Date: Feb 2007
Default Re: Does freehold purchase means you can work in Dubai? - 10-04-2007, 09:10 AM

Thanks for the info.
I am a Computer Network Specialist, and my wife is an Audiologist.
We also have a 5 year old daughter.
We have been looking for jobs in Dubai on the internet for the past month.
I don’t think I 'll have problems finding a job, but it is very important for us that my wife finds a job before we move as her line of work is very specialized.
We also heard we need to put our daughter's name in a school waiting list as soon as we get there.
We are hoping to be able to buy a freehold property in Dubai with the help of some bank loans
Thanks for the info again
Reply With Quote
(#4 (permalink))
Old
andy9k Offline
Junior Member
 
Posts: 15
Join Date: Feb 2007
Default Re: Does freehold purchase means you can work in Dubai? - 10-04-2007, 09:11 AM

As stated above jobs come with either accommodation or an allowance provided. Be aware that some agencies are asking for money to provide jobs which do not exist. Try ringing agencies (if you can with the time zone difference) remembering that they work Saturday to Wednesday or to Thursday morning.
I agree you are better coming here and then renting initially to see where is the best area for you. If you buy it is worth noting that although the house is owned by you the land is on a 99 year lease. It is too soon to see what impact this may have.
I have a friend working here who owns a place in Dubai. It has been good for him as he has switched jobs 3 times since he has been here. I am not sure if your profession is exempt from the ban between employers. You may find that if you are employed as an engineer then you are. If not you could find that you can live here owning your own house but be unable to take employment!
Good luck and don't bother bringing the down parkas.
Reply With Quote
Reply

Bookmarks

Sponsors

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On




Powered by vBulletin® Version 3.7.2
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.1.0

Morocco Property Forum | Shirdi Sai Baba | Overseas property investment | Middle East property news

Off Plan Property Egypt
Egypt property, a wide selection of off plan property for sale from Egypt ideal for investment, buy to let or holiday home in Egypt. Low prices and pre launch availability