Dubai is renowned for its technological advancement, progressive economy, and high living standards. So, it should not be surprising that many individuals wish to become residents of this metropolis. An investor visa is the easiest way to secure a Dubai residence visa.
Dubai is highly sought-after among foreign investors and entrepreneurs wishing to expand their businesses and clientele. The UAE government constantly updates its policies and regulations to promote entrepreneurial ventures. Consequently, this has resulted in investor-friendly visa rules that nurture entrepreneurs’ economic and social development. Read this blog to learn more about Investor Visa UAE.
What do you mean by an Investor visa UAE?
Depending on the purpose of your visit, there are several types of investor visa UAE. An investor visa, or a Dubai partner visa, is issued to investors or entrepreneurs wishing to establish their business in the UAE. A Dubai investor visa is issued to individuals who incorporate a sole proprietorship in Dubai. Such a firm has a single-owner structure with no shareholders or partners. For example, if you establish a mainland company in Dubai as a sole establishment with a professional trade license, your visa will read Investor Visa UAE.
Investor Visa UAE: Eligibility
Individuals aged 18 or above 18 are legally eligible to become investors or shareholders in any company within Dubai and across the UAE. This consequently makes you eligible for a UAE residence visa.
Investor Visa UAE: Validity
A Dubai investor visa is valid for two years. You must renew your investor visa every three years by undergoing a medical test and renewing your medical insurance and Emirates ID.
Benefits of Investor Visa UAE
Establishing your own company certainly has its fair share of benefits. Here is a list of some of the benefits that the UAE investor visa offers:
- Residency: An investor visa is valid for three years, qualifying you for a 3-year Dubai residence visa.
- Family sponsorship: An investor visa allows you to sponsor your spouse, children and parents to become residents of the UAE.
- Travel benefits: With an investor visa, you can easily travel to any GCC country for business or leisure. Acquiring a visa to these regions is also simplified with an investor visa.
- Visa validity outside UAE: An investor visa enables you to live outside the UAE for one year without cancelling your residency. This is not possible with employment or dependent visas that only allow six months of stay outside the UAE after the UAE residency visa becomes invalid.
- Long-term visa: A successful venture in the UAE and an investor visa increase your prospects of obtaining the UAE golden visa. Launched in 2019, a Golden visa is a 10-year UAE residency visa curated to encourage business expansion in the country. This allows investors to extend their stay in the UAE for their contribution to the country’s economic growth.
The process to acquire an Investor Visa UAE
There are two primary ways to acquire an investor visa UAE. They are as follows:
- New company incorporation
- Proof of existing investments
New Company incorporation
The easiest way to acquire an investor visa in Dubai is to obtain company registration in Dubai Mainland. Depending on the legal structure of your business, you can either become an owner or a shareholder in the company. Below mentioned is a list of the essential documents required for company formation in Dubai:
- Copy of Trade license.
- A legally attested copy of the Memorandum of Association (for partnership) or a Local Service Agent Agreement.
- Company establishment card ( copy) .
- Cancellation document of an existing visa.
- A copy of tourist visa (if applicable)
How to apply for an Investor Visa UAE?
Here is a step-by-step process to apply for an investor visa:
- Company registration.
- Applying for the company establishment card
- Apply for an entry permit to the UAE (if the individual is outside the country) and change country status for your visa.
- Undergo a medical test.
- Apply for Emirates ID.
- Acquiring health insurance coverage.
- Investor visa stamp on your passport.
An Investor visa UAE takes anywhere between 15-20 working days to process. This includes getting your trade license, the visa application process, and an investor visa stamped in your passport.
Proof of existing investments
Another popular means of acquiring an investor visa is to present proof of investment in Dubai to the Dubai municipality. The Dubai municipality will create your file with the economic department if your appeal meets the eligibility criteria set by the UAE government. A reference file number will then be issued by the economic department, based on which you will receive an NOC. You can apply for a Dubai investor visa by presenting this NOC to the immigration department.
How do you sponsor family members?
With an investor visa, you can sponsor family members to become residents of the UAE. After your UAE investor visa UAE 2024 gets stamped in your passport, you can apply for your family’s residency visa. Sponsoring your family members requires the following documents:
- A 2BHK house tenancy contract
- Attested marriage certificate (spouse)
- Attested birth certificates (children)
- A refundable deposit of AED 1500* for each family member being sponsored.
UAE Investor Visa with DUBIZ !
The investor visa UAE program allows foreign investors to obtain residency by investing in businesses or real estate in the country.
Partnering with DUBIZ, a leading business setup provider, can be a strategic move for investors seeking to navigate the local market efficiently. Our exclusive lifetime Investor visa package for a professional license in Dubai mainland starts at AED 17,990*, and for a commercial LLC, it starts at AED 24,990 * (Terms and conditions applied)
Please speak with our professional at info@dubiz
