International students, temporary residents, and refugees will be given limited exceptions to Canada’s foreign buyer restriction, the Canada Mortgage and Housing Corporation (CMHC) stated on Wednesday. All non-Canadians are prohibited…
Legal
Sharjah announces amendments to the expat real estate ownership law.
His Highness Sharjah Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, enacted Sharjah Law No. (2) of 2022 amending Sharjah Law No. (5) of…
The co-branded “Open Doors” home buyer ecosystem, by integrated real estate platform Square Yards and private lender Axis Bank, offers a one-stop shop from house searching through purchase. The companies…
Any purchase or sale of freehold real estate properties that includes one of the three payment methods must now be reported to the UAE Financial Intelligence Unit (FIU) by all…
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, issued Decree No. (22) of 2022, which established…
Dubai reveals “Musataha” law to encourage real estate investment
Dubai has enacted a new law to encourage public-private partnerships for real estate investment. According to Emirates News Agency, Sheikh Mohammed bin Rashid Al-Maktoum, vice president and prime minister of…
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