Financial services ... housing loans for non-residents
Banks and banks operating in the local market provide special home financing offers to non-residents. These loans allow them to purchase residential real estate in the UAE, either for the purpose of investment, as a personal residence for residence, or for vacations.
These facilities provide financing of up to 50%, or about 80% of the property's value, or amounts ranging between 10 and 20 million dirhams in some cases, which are allocated to a maximum of two properties, while the financing period is up to 25 years, without the need for an income for the beneficiary in the country. UAE.
Banks also provide loan management easily, and take advantage of the advantages and facilities regarding interest and installment schedules, with the possibility of refinancing, and other measures.
In addition, banks and banks provide solutions to manage rental income, when investing in the UAE market.
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