You can cash a check at the issuing bank of the check without having an Emirates residency, provided that the check does not contain two lines that mean credited only to a personal bank account. The fact of having a resident visa does not affect the possibility of obtaining funds for renting real estate. The main thing at the same time is to have a passport with you, proving your identity, since the spelling of your name on the check and in the passport will be checked and must match exactly. It is now possible for a non-resident to open a bank account, but this has become more difficult compared to 2013-2016. If the check is issued in the name of a company, and not to an individual, then funds will be credited only to the bank account of this company and only to the Emirati bank account.
! Please note that a check is valid for 6 months from the date printed on the check, if you cash it during this time it will be void.
!! If you need support with opening an account in Dubai, UAE, please contact UAE-Consulting.com. If earlier an account could be opened without problems in one day, then after 2017 the rules of banks in the UAE have changed and are still changing. Therefore, we recommend contacting professionals.
!!! If you prefer to receive passive income from rental property without wasting time on operating system, you can use the service of a real estate agency to manage and rent out your apartment in the UAE. In this case, the check can be issued in the name of the legal entity (real estate agency company) that is engaged in leasing, and then the real estate agency transfers or transfers it in cash to the Landlord. The most important thing at the same time is to choose a company that is comfortable for you, which you trust and with which you are comfortable interacting and working.