๐๐ก๐ฒ ๐ข๐ฌ ๐ข๐ญ ๐ฉ๐ซ๐จ๐๐ข๐ญ๐๐๐ฅ๐ ๐ญ๐จ ๐๐ฎ๐ฒ ๐ฉ๐ซ๐จ๐ฉ๐๐ซ๐ญ๐ฒ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฌ ๐๐ฅ ๐๐ก๐๐ข๐ฆ๐๐ก ๐๐ซ๐๐?
The area of Ras Al Khaimah has a diverse and stable economy, with no single sector contributing more than 30% to its overall GDP. Ras Al Khaimah attracts business professionals from all over the world, and the area is home to more than 38,000 businesses from 100 countries, representing over 50 industries. The emirate has been consistently rated in the โAโ range by Fitch and Standard & Poorโs international ratings agencies for more than a decade.
The tourism sector of Ras Al Khaimah continues to be one of the fastest-growing in the region. Tourists come here to visit Al Jazirah Al Hamra traditional fishing village and 1,000 archaeological sites, four of which have been added to the โUNESCO Tentative List for World Heritageโ.
Due to the popularity of the area among tourists and business professionals, residential and commercial real estate in Ras Al Khaimah is of interest to investors who want to invest their funds profitably. The area offers a good ROI on apartments, at an average rate of 6-7%.
When buying a property for a minimum amount of AED 2,000,000 (USD 545,000) investors become eligible to apply for a UAE Golden Visa, with benefits including 100% business ownership by foreigners on the UAEโs mainland, and the possibility to live, study and work in the UAE without the need of a national sponsor. The Golden Visa is renewed automatically subject to the holderโs compliance with all conditions and requirements.
