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There are many expats who are willing to shift to the UAE. These expats are on the lookout for valid visas to stay and work in this nation. While there are various types of UAE visas available, the best of them is partner visa Dubai.
This visa authenticates the legal residence and working of the Dubai resident. This visa offers various benefits, among which getting a Golden Visa Dubai is a possibility. In this blog, we will be looking at the various intricacies of this visa type.
Foreign nationals who own stock in a company established in the United Arab Emirates are permitted to live and work there lawfully with a partner visa. This visa enables you to actively engage in the management and day to day operations of the company and is connected to your ownership of the enterprise. Additionally, it gives you the authority to sponsor your close family members for a UAE residence visa.
It is important to understand the difference between an investor visa and partner visa in Dubai. An investor visa is granted to individuals who make significant financial investment in UAE’s economy, be it in real estate, business, etc, without necessarily being involved in day to day operations. On the other hand, a partner visa in Dubai is granted to those who own a significant stake in a UAE based company and are actively involved in its management.
Readers can more easily and quickly understand the main benefits of having a partner visa in the United Arab Emirates thanks to this version’s clear and concise presentation of the material.
There are various Dubai partner visa requirements, or rather, we can call them rules. There are mandatory documents and obligations required to be met before you can get your partner visa Dubai. Let us have a closer look at them:
In order to apply for a Partner Visa, you need an Emirati sponsor who owns 51% of the business. The sponsor acts as a local legal representative and facilitates the administrative tasks such as visa processing.
The applicant must have a significant share in a UAE based company. For that he will need to provide proof which can be partnership agreement or company registration documents.
The company in which the foreign nation seeks partnership needs to have a current trade license and be legally registered in Dubai or the United Arab Emirates.
Depending on your business activities, meet the minimum share capital requirements. Partner visa can be obtained either by registering a company in UAE which costs from AED 12,000* or by investing in property AED 750,000* or above.
The visa is renewable and normally lasts for two years.
Comply with all applicable laws, rules, and financial reporting specifications in the UAE.
Make sure your operations adhere to all relevant laws and licenses.
For more details or any queries related to the partner visa Dubai, make sure you get in touch with Dubiz Business Setup.
There is a proper step-by-step process following which you can claim your partner visa in UAE. The first of them is to be aware of the rules and have all the required documents prepared. Below are all the steps you will be required to follow.
Look for a local business or an Emirati national to serve as your local sponsor.
Join forces with a business in the United Arab Emirates and create a thorough partnership agreement that details all of the conditions of the partnership, such as profit-sharing, shareholding, and duties.
Verify that the supporting business possesses the required GDRFA Immigration Establishment Card.
Gather all required paperwork, such as the Emirates ID application form, proof of financial stability, trade license, memorandum of association, travel papers, passport, photos, and visa application form.
Send in the filled-out application and the necessary visa payments. Keep the receipt for the payment.
Comply with UAE health regulations by getting the required medical examination.
Await the appropriate immigration authority’s approval.
Get your Partner Visa after it has been approved.
Throughout your visit to the United Arab Emirates, make sure that you are abiding by all applicable rules and regulations.
The cost of Dubai partner visa is around AED 1850* . Among the costs are Emirates ID (AED 390) ,medical exams (AED 300–500), and Immigration Establishment Card fees (AED 650–1,500).
The total cost can also be greatly increased by health insurance, consulting services, visa processing agency fees, company establishment costs, and necessary shareholder capital. For the most precise and current pricing information, it is essential to speak with the appropriate authorities or immigration consultants.
While Dubiz Business Setup offers you guidance and assistance in your new business ideas for company formation in Dubai, we also help with all the different kinds of visas. Our knowledgeable team provides you with assistance with all your requirements with UAE visas and company formation. For more detailed conversations and assistance, reach out to us. You can contact us at +971563695485, WhatsApp: at +971563695485, or email at info@dubiz.co
The visa for partners If the candidate has a valid visa, they can stay in Dubai for up to two years. The visa can be renewed and is good for two years. Foreign business owners may collaborate with a local Emirati sponsor under this visa category, provided the sponsor owns the majority of the company.
In Dubai, obtaining a partner visa takes two to three weeks. The average wait time for a partner visa in Dubai is between 15 and 20 working days. This is the typical processing time for your application. For quicker processing, you will be required to pay a higher fee.
The cost of renewing a partner visa is around AED 1750*. Please talk to our experts for more cost details.
Following are the legal requirements for getting partner visa in Dubai:
With a Dubai partner visa, international nationals can remain and work in the United Arab Emirates as shareholders or business partners of a Dubai-registered firm. Therefore, this type of visa is ideal for those who wish to start their own business, invest, or collaborate with an organization.
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