People from all over the world come to the UAE to explore investment opportunities or create enterprises because of the country's booming economy and favorable business environment. The UAE maintains a unique visa category for such people called the Dubai investor visa or partner visa.
The visa is available to anyone who wants to invest or create a business on the mainland or in one of the free zones. However, depending on which emirate you choose, the application process may differ. In this following blog we provide a summary of the Dubai investor visa, including the application process, fees, and more.
WHAT IS THE INVESTOR VISA IN DUBAI?
This visa, also known as the Dubai partner visa, is designed for foreign people who desire to start or invest in a business in Dubai. They can also live, work, and sponsor family members in the UAE. The visa has a three-year validity period.
Individuals who buy shares in an existing company worth a minimum of AED 72,000 or who form a firm with a capital investment worth the same amount are only eligible for this visa, according to Dubai investor visa guidelines.
DOCUMENTS REQUIRED FOR INVESTOR VISA IN DUBAI
These documents are required as part of the Dubai investor visa application if you are investing in or starting a firm on Dubai's mainland.
Previously, a majority shareholder had to be a UAE national or an agent who could communicate with government offices. However, recent policy changes have made it possible for foreigners to control the entire mainland of Dubai. Without an Emirati majority shareholder, more than 1,000 commercial and industrial operations can now be carried out.
APPLICATION FOR AN INVESTOR VISA IN DUBAI
These are the steps to take if you wish to apply for a Dubai Investor Visa.
INVESTOR VISA FOR FREE ZONE COMPANIES IN DUBAI
By establishing free zones or free trade zones in the emirate, Dubai encourages foreign investment and economic activity. Companies operating in business zones are exempt from taxes such as VAT, and foreign nationals hold 100 percent of the company. Individuals who invest in or establish a free zone company in these designated areas are also eligible to apply for the Dubai partner visa, which is sponsored by the free trade zone.
Owners and investors of free zone enterprises, on the other hand, will have to go through a different process to qualify for a Dubai investment visa. The application process and cost will differ depending on the company's location in a free zone, the nature of its business, and other variables. Contact Dhanguard for further information on the Dubai free zone investor visa application process.
INVESTOR VISAS IN DUBAI FOR 3 YEARS, 5 YEARS, AND 10 YEARS
The UAE government has announced long-term visas for Dubai investors, including 10-year and 5-year visas. In addition, the terms of a three-year investment visa in Dubai were recently amended.
ELIGIBILITY FOR A 10-YEAR VISA
You must meet particular requirements for the 10-year investment visa, including public investments of at least AED 10 million.
Those interested in investing might do so in the following areas:
When it comes to investment conditions, keep the following in mind:
ELIGIBILITY FOR A 5-YEAR VISA
The following requirements must be met in order to obtain a 5-year investor visa in Dubai:
ELIGIBILITY FOR A 3-YEAR VISA
To be eligible for a three-year investor visa in Dubai, you must meet the following requirements:
This wraps up our guide on the Dubai investor visa requirements. When it comes to investment, Dubai's policies have always been appealing. With the economy beginning to recover from the pandemic, this may be the greatest moment to make a move. For more information connect with Dhanguard we will gladly like to assist you!
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