1. Who can buy a property in Ras Al Khaimah?
Any one can buy a property in RAK, whether you are a resident of UAE regardless of nationality or live overseas, you can purchase a property in the designated areas which have been outlined by the government of RAK.

2. What is a Freehold Property and who can buy it?
A freehold property is which; a person can have the complete ownership of that property without any sponsor. Any nationalities can buy these types of properties.

3. Will I need a UAE bank Account?
No. Buyers in Ras Al Khaimah are not required to have a UAE bank account.

4. What finance options are available?
Most major developers have agreements with different banks or financial institutions offering from 60% for non residents and up to 97% for residents on certain developments. Orange Real Estate can advise you on your many options available to both overseas and local investors.

5. Are there any hidden taxes?
No, Ras Al Khaimah has no tax of any kind.

6. Is there any kind of restrictions for reselling my property?
No, there’s no restriction in Ras Al Khaimah for selling your property.

7. How an Expatriate can buy a non freehold property in Ras Al Khaimah?
Expatriates can buy non freehold land in the name of a local sponsor and then they can get a Power of attorney from the court, which will give the actual buyer a complete right to the property.