If you’re a visitor to the United Arab Emirates (UAE) and are considering buying a car, you’ll need to understand the process and requirements for doing so. In this post, we’ll provide a step-by-step guide for buying a car in UAE on a visitor visa.
Understand the Requirements
The first step in buying a car in UAE on a visitor visa is to understand the requirements. As a visitor, you’ll need to have a valid passport and a valid UAE residence visa. You’ll also need to have a valid UAE driving license or an international driving permit. Additionally, you’ll need to have a valid Emirates ID card, which serves as a form of identification for residents and citizens of the UAE.
Choose the Right Car
Once you’ve determined that you meet the requirements, you can start looking for the right car. UAE has a big car market that offers new and pre-owned cars, You can visit the showrooms and compare the features, price and the options that each car offers. Also, you can check the prices, features, and reviews of various cars online. It’s important to research different makes and models and choose the one that best fits your needs and budget.
Secure Financing
If you’re unable to pay for the car in cash, you’ll need to secure financing. You can do this by applying for a car loan through a bank or other financial institution in the UAE. Keep in mind that as a visitor, you may be required to provide additional documentation such as proof of income and employment. It’s best to check with the financial institution in advance to understand their specific requirements. Additionally, it’s important to be aware that the interest rate on a car loan for a visitor visa holder may be higher than for a resident visa holder.
Finalizing the Purchase
Once you’ve secured financing, you can finalize the purchase of your car. This includes paying any remaining fees and taxes, registering the car with the traffic department, and obtaining car insurance. It’s important to check with the dealership or seller to understand their specific requirements and procedures for finalizing the purchase.
Insurance and Maintenance
In UAE, it’s mandatory to have car insurance, Make sure you have obtained the right type of insurance for your car, also maintenance is important so try to have a good understanding of the car’s service schedule, warranty and maintenance plans.
Conclusion
Buying a car in UAE on a visitor visa is possible, but it does require additional documentation and may come with higher interest rates on car loans. However, with the right research and preparation, you can navigate the process successfully and end up with a car that meets your needs and budget. It’s important to be aware of the requirements and procedures and to work closely with the dealership or seller, as well as your financial institution, to ensure that everything goes smoothly.
GIPHY App Key not set. Please check settings