Dubai is a global hotspot for business aspirants who are looking to set up their dream venture in the Emirates. The city offers technological advancement, unparalleled growth opportunities, and a high standard of living, creating a vibrant environment for living and working. However, what simplifies their journey is an investor visa Dubai, which is a multi-benefit visa offering residence assurance, tax exemptions, and a lot of other rewards.
The entrepreneurs can apply for a UAE investor visa based on their business aspirations and model. This means they can opt for a 2-year investor visa, a 5-year visa, and even a 10-year visa in Dubai, UAE.
Investor visa Dubai
A UAE investor visa is basically a residency permit that allows foreign investors or entrepreneurs to live in the UAE to establish or run a business. This business visa is a nifty initiative by the UAE government to attract foreign investment in order to foster economic growth through various business activities.
Additionally, there are multiple options for investor visa Dubai that entrepreneurs can apply for based on the level of investment. For instance,
- Invest a minimum of AED 2 million in an existing firm
- Form a new company with a capital investment of AED 2 million
All these types of visas come with a range of benefits including family sponsorship, access to business-friendly resources, and the supreme opportunity to grow, expand, and immerse in the dynamic economy of the UAE.
UAE investor visa: Types
Each type of investor visa Dubai has unique benefits and eligibility requirements. Here’s a quick overview of them:-
2-year investor visa
This visa requires foreign nationals to invest in a local business in Dubai. Individuals can secure this residency visa for two years, and live, work, and manage their business operations in Dubai. To renew this visa and secure a stable pathway for long-term residency, the investor must ensure to maintain their investment in the UAE.
5-year investor visa
This visa is specifically for individuals who make substantial investments, at least AED 2 million, in the real estate sector. The investor must ensure to fully fund the investment without a mortgage and maintain it for a minimum of three years.
10-year investor visa
This long-term UAE residency visa, also known as the Golden Visa, caters specifically to individuals who commit to significant financial investments in the country. The investors are required to invest a minimum of AED 2 million in the public sector or hold shares worth at least AED 10 million in an existing firm in the UAE. However, the condition includes that the invested money shouldn’t be loaned and must be maintained for at least three years.
Additionally, the investor visa Dubai is also extended to individuals who possess exceptional skills in dynamic sectors like science, healthcare, and advanced technology in order to recognize their potential to contribute to the development of the country.
Requirements for Investor Visa Dubai
Securing an investor visa in Dubai requires individuals to meet specific requirements, which may vary depending on the type of investment:
- A property investment of AED 750,000
- A minimum of 50% of the total value of the property must be deposited in the bank
- Married couples can jointly own the property worth AED 750,000
Requirements for family residency visa:-
- A No-objection letter from the father, duly notarized by a notary (if the mother is the sponsor)
- Proof of marital status for unmarried daughters above 18
- Original passport and ID of the sponsor
- Health insurance
- Marriage certificates and birth certificates
- IBAN
Documentation requirement for the Investor Visa Dubai:-
- A valid Passport
- Title Deed (Proof of property ownership)
- Health Insurance
- Emirates ID (if issued previously)
- Existing UAE visa (if any)
- Certificate of Good Conduct by Dubai Police
Having these documents in hand will ensure a smooth visa application and clear pathways to securing an investor visa and other residency options in Dubai.
Steps to apply for an investor visa Dubai
To apply for an investor visa in the UAE, the individuals must satisfy the required essentials, which include:
- Submission of application – Seek expert assistance from the consultants of Shuraa to complete your investor visa application without any mistakes or contradictions. Also, make sure you have all the mandatory documents well-arranged in order while submitting your application.
- Medical assessment – As part of the visa application process, you need to undertake an obligatory medical examination from an authorized medical center. It includes a blood test and an X-ray. Nevertheless, it won’t be a matter of concern as the results will be confirmed quickly.
- Emirates ID typing – To ensure a safe stay in the UAE, you need to have an authentic Emirates ID. All legitimate permits, including the investor visa and fingerprints, must be linked to the Emirates ID.
- Stamping of the visa – After winding up all of the above requirements, the individual can get their residency visa stamped on their passport by the appropriate officials.
Methods to obtain an investor visa Dubai
There are two primary ways to get a Dubai investor visa:-
New company setup: One of the easiest ways to get an investor visa is company registration on the mainland of Dubai and become either the owner or shareholder, depending on the legal structure of the company. The investor must first form a company and then submit certain documents to the immigration department, such as a Trade license copy, a Memorandum of Association or Local Service Agent Agreement, a Company establishment card, and a copy of an existing UAE visa.
Proof of investments: The other means of securing an investor visa is presenting proof of existing investments in Dubai to the Dubai Municipality. The individual is required to meet the eligibility criteria set by the Government, after which the municipality will forward the file to the DED (Department of Economic Development). The DED will then issue a reference file number based on which the Dubai Municipality will issue an NOC (No Objection Certificate). The individual must present this NOC to the immigration department to apply for their residency visa.
It is to be noted that the approval or rejection of the application is at the discretion of the authorities screening the eligibility of the applicant. Hence, to ensure success, it is better to consult a visa specialist at Shuraa Business Setup who will help you determine your eligibility for the investor visa in Dubai and proceed with the visa application effectively.
Cost of Investor Visa Dubai
Each step in the visa application process has its own set of payments. The total cost includes expenditures for the medical assessment, Emirates ID, and other obligatory paperwork. The legal advisors at the Shuraa Business Setup will support you throughout the procedure and ensure that you do not have to incur any additional expenses.
Secure your UAE Investor Visa with the help of Shuraa!
This article clearly defines the steps for obtaining a Dubai Investor visa and all the legal requirements modulated by the UAE government. So, if you are keen to start your entrepreneurial journey in the vibrant landscape of Dubai and are positive that your business model and investment strategy meet the stated requirements, then you should definitely apply for an investor visa.
Shuraa Business Setup will support you in managing all the legal formalities and ensure stress-free visa procurement in the UAE. Moreover, they will assist you with a methodical business setup in Dubai, further offering complete support during and after the company registration process.
For further information on the investor visa, speak with the legal corporate advisors of Shuraa at [email protected]
