What is Investor Visa in UAE?
The Investor Visa is a document that allows a foreigner and his family to reside in the country. To be eligible for this visa, you must meet one of the following conditions:
- invest capital of at least 2 million dirhams in a government fund;
- purchase real estate worth at least 750,000 dirhams (not on credit);
- open a company with a share capital of 2 million dirhams;
- become a partner in a local company and prepay taxes of at least 250,000 dirhams.
In addition to the business-related Investor Visa, there is also a partner visa. The difference between Investor and Partner Visa in UAE is that the former involves only monetary investment, while the latter requires active participation in the business.
Benefits of Investor Visa in UAE
The easiest way to obtain a visa in the UAE is to register an application in Dubai, a metropolis that ranks highest among foreigners. Why do investors choose Dubai? This emirate boasts convenient infrastructure, a high standard of living, attractive recreation areas, and modern technology.
Dubai Investor Visa benefits include:
- Right to residency, living, working, and doing business – no need to confirm status for a certain period.
- The ability to renew the visa anytime provided the income (deposit) remains at the same level or increases.
- Increased chances of obtaining the Golden Visa.
- Unrestricted travel within the Persian Gulf countries.
- The ability to stay outside the country for up to 180 days, and with the Golden Visa, travel without restrictions.
- The privilege of opening a sponsor visa for immediate family members.
- The ability to transfer the renewal of sponsor visas to close relatives in case of the investor’s death.
Services for obtaining the Investor Visa Dubai
Obtaining the Investor Visa involves numerous steps, from making investments to receiving the visa stamp. Dynasty Business Adviser can assist not only with the visa preparation but also with the following:
- preparation, processing, translation, and legalization of documents online;
- business valuation before purchase (without a professional independent audit, it is difficult for a new owner to assess risks);
- company registration in the UAE;
- assistance with obtaining entry documents to the country;
- obtaining the Investor Visa in UAE;
- visa renewal.
Investment options
A business Investor Visa
Investing in a business is the most accessible way to obtain a residence visa. The starting capital for investments, which allows a two-year stay in the country, is 200,000 dirhams. There are specific conditions for business investors whose companies are involved in promising technologies or innovative ideas. Owners of such enterprises may reside in the UAE for five consecutive years, provided the company is valued at a minimum of 500,000 dirhams.
A real estate Investor Visa
A few years ago, to obtain a 10-year visa in Dubai, an investment of 5-10 million dirhams was required. The Investor Visa Dubai new rules have reduced this amount to 2 million dirhams. Multiple properties can be counted towards this investment: if the total amount is insufficient, you can purchase additional properties. Note that it is not the market value of the properties that is considered but the actual investment. For instance, if you bought properties worth 9 million dirhams two years ago, and now similar houses are worth 10 million dirhams, the recognized value will still be 9 million dirhams.
A government sector Investor Visa
The condition for obtaining such a visa is the investment of at least 2 million dirhams in a government fund. Proof of this investment can be provided through a letter confirming the deposit, an active commercial license with an investment contribution of 2 million dirhams, or a certificate from the Federal Tax Authority showing that the company pays at least 250,000 dirhams in annual taxes.
Who is eligible for the Investor Visa
The Investor Visa UAE requirements include:
- Must be at least 18 years old.
- No criminal record.
- Fulfillment of one of the investment conditions.
- Stable income above a certain level.
- No outstanding tax debts.
Types and categories of the Investor Visa in Dubai
To obtain the Investor Visa, you must meet certain conditions related to investment in the government sector, opening a company, or purchasing real estate. The property cannot be bought on credit. The duration of the visa depends on the amount invested and the fulfillment of specific requirements. The table below gives a clear overview what is equired for Dubai permanent residency by investment for 2, 5, or 10 years.
2-year Investor Visa Dubai
This visa is valid for 2 years. To obtain it, you need to meet the following conditions:
- invest at least 750,000 AED in a government project;
- invest at least 750,000 AED in real estate;
- open a company and provide shares worth 500,000 AED.
5-year Investor Visa Dubai (retirement)
This visa is issued to retirees at least 55 years old and with a minimum of 15 years of work experience.
To obtain it, you need to meet the following requirements:
- invest at least 1 million AED in real estate;
- have a monthly income of at least 20,000 AED.
10-year Investor Visa
The Golden Visa gives the right to reside in the UAE for 10 years. The requirements for obtaining it are:
- provide an investment plan of 2 to 10 million AED in the government sector;
- invest 2 to 10 million AED in real estate;
- establish a company with a share capital of 2 to 10 million AED.
Investor Visa cost in Dubai
The cost of the Investor Visa stamp is approximately 900 AED. Additionally, other expenses must be considered:
ITEM OF EXPENDITURE |
AMOUNT |
---|---|
entry permit to the country |
about 1,200 AED |
Emirates ID |
from 500 AED |
medical examination |
around 400 AED |
document preparation and our company’s services |
from 2,000 AED |
Government fees may also apply. Request a consultation with our company to find out the exact cost of the Investor Visa.
How to get Investor Visa in Dubai
The process of obtaining the Investor Visa includes several steps:
- Choosing the type of visa
- Selecting an investment option
- Fulfilling the conditions.
- Arriving in the country.
- Preparing the documents.
- Obtaining an Emirates ID.
Description of steps
- Step 1. Determine the duration of the visa you want based on your available resources.
- Step 2. Choose one of the available investment options, such as investing in an existing company or starting a new business.
- Step 3. To apply for the visa, you need to provide justification. Therefore, first, invest the funds, complete the purchase of an existing business, or register your own company.
- Step 4. With professional legal support, the previous step can be completed online. However, you will still need to come to the country for a medical examination, obtaining insurance, etc.
- Step 5. The next step is to prepare the documents and submit the application. This can be done online through the official web application of the General Directorate of Residency and Foreigners Affairs (GDRFA) or by visiting the nearest Amer service center in person.
- Step 6. After receiving the visa, the investor becomes a UAE resident. To use banking and other services in the country, residents are required to have an identification card. To obtain it, a photo and biometric data are required.
Conclusion
If you want to take advantage of favorable business conditions or pursue a career with competitive wages on par with UAE nationals, contact our company.
The experienced and competent experts at Dynasty Business Adviser will help you navigate all formalities quickly and comfortably. The UAE currently provides incredibly accessible conditions for foreign investors. It’s worth taking advantage of this opportunity to obtain both a regular Investor Visa and the Golden Visa!