UAE Golden Visa through Dh2m bank deposit options

[kekmaw]

With interest rates high and real estate prices high in the UAE, it makes more and more sense to get the golden visa by depositing 2M AED into a 2 year fixed-term savings account or similar to qualify for the Golden Visa.

Gulf News recently published an article about that: UAE Golden Visa: Dh2m bank deposit scheme turns popular with freelance professionals, retirees

Does anyone know any bank that does this for you in order to qualify for the visa and still gives you competitive interest rates in the meantime?

 

[BeyondBorders]

With interest rates high and real estate prices high in the UAE, it makes more and more sense to get the golden visa by depositing 2M AED into a 2 year fixed-term savings account or similar to qualify for the Golden Visa.

Gulf News recently published an article about that: UAE Golden Visa: Dh2m bank deposit scheme turns popular with freelance professionals, retirees

Does anyone know any bank that does this for you in order to qualify for the visa and still gives you competitive interest rates in the meantime?

Interest rates given by local banks are still on the very low end. If you can deposit 2m for a Residency, you likely have an existing private banking relationship. Discuss it with them. Lombard Odier or Julius Baer might be able to help. Citi Gold is very actively hunting for new deposits in the local market - and provides UAE as well as Singapore booking center.