President Launches Roshan Apna Ghar Scheme in UAE

President Arif Alvi launched the Roshan Apna Ghar scheme in the United Arab Emirates in an effort to entice Non-Resident Pakistanis (NRPs) to invest in the country’s real estate sector.

According to an official release, during his first official visit to the UAE, Alvi expressed his hope that NRPs will make the most of the Roshan Apna Ghar scheme.

He was speaking at a property exhibition for UAE-based NRPs, which was organised by Pakistani banks offering the Roshan Digital Account (RDA) in collaboration with builders and developers to display their RDA-enabled properties.

The initiative by the State Bank of Pakistan (SBP) enables NRPs to buy, build or renovate their houses in Pakistan through their own investment or bank financing.Article continues after this advertisement

The president said that the central bank, with the support of commercial banks, has provided NRPs a unique opportunity to buy a home which was earlier a very difficult task for various reasons.

Speaking on the occasion, SBP Governor Dr Reza Baqir said that RDA has proved to be a huge success and become a household name connecting over 250,000 NRPs under one umbrella besides attracting over around $2.5 billion since its launch in September last year.

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