Are you thinking about investing in Dubai, “The World’s Business Hub” according to the “University of Birmingham“. Dubai presents numerous opportunities for both entrepreneurs and investors. You can benefit from these opportunities by obtaining an investor visa in Dubai. This visa offers benefits, including easy residency, tax exemptions, and more.
You can choose among the different types of investor visas that meet your business model and goals in the UAE. In this article, we cover the types, benefits, requirements, and complete application process for an investor visa in the UAE.
The visa experts at Now Consultant help you get the investor visa at a reasonable cost, as mentioned below, meeting all the requirements in compliance with the authority regulations.
What Is a Dubai Investor Visa?
An investor visa in Dubai grants you the legal right to live, work, and invest in the city, with a wide range of opportunities. Whether your interest lies in real estate, technology, hospitality, or any other industry, an investor visa provides you an opportunity to grow and succeed in your business in the UAE.
The Dubai Investor Visa also referred to as the UAE Investor Visa, comes in several types, including a long-term golden residency visa. The investor visa is specifically aimed at helping foreign nationals invest in the growing UAE economy.
Types of Investor Visas In Dubai
The following are the types of investor visas in Dubai, each with specific benefits and conditions:
2-Year Investor Visa
The 2-year investor visa permits foreigners to live and work in Dubai by investing between AED 12,500 and AED 25,500 in a business for two years. This visa can be renewed, provided the investment is maintained.
3-Year Investor Visa
The 3-Year Investor Visa is a great option for individuals who want to get the benefit of Dubai’s business environment. This visa grants a three-year residency, enabling investors and their families to live in Dubai while managing and growing their businesses.
5-Year Investor Visa
You can apply for this type of Dubai visa if you invest a significant amount in UAE real estate. The investment must be at least AED 5 million, fully funded without loans, and the investor must keep the investment for at least 3 years.
10-Year Investor Visa (Golden Visa)
To qualify for a 10-year visa, you must invest at least AED 10 million in the public sector or in company shares of an existing UAE business. This investment should be maintained for at least three years and should not be financed by loans. The Golden Visa is also available for specialized talents in fields such as science, healthcare, or technology.
Benefits of an Investor Visa in Dubai
The Dubai investor visa offers the following benefits that make it attractive for entrepreneurs and investors:
- Residency Rights: It grants you and your family the legal right to live in Dubai, offering stability and security.
- Work Opportunities: The visa allows you to either seek employment or start your own business in the UAE.
- Investment Flexibility: It provides the freedom to invest in various growing sectors of Dubai’s economy, such as real estate and tech startups.
- Tax Benefits: Dubai offers a favorable tax system, which means reduced tax obligations such as no personal income tax and low corporate taxes.
- Family Sponsorship: Investor visa holders can sponsor their family members, including spouses, children, and parents.
- Pathway to the Golden Visa: Successful business operations under the investor visa improve your chances of qualifying for the UAE Golden Visa, a 10-year residency granted to investors, entrepreneurs, and high-achieving professionals who contribute to the country’s economic growth.
- Travel Ease: Investor visa holders can travel freely across GCC countries, getting opportunities to expand their business beyond the boundaries of the UAE.
- Extended Stay Flexibility: The investor visa allows you to stay outside the UAE for up to a year without losing your residency status, providing greater freedom to travel and search for other destinations.
Eligibility Criteria For a Dubai Investor Visa
To prove eligibility for the investor visa, applicants must provide documentation showing their investment in Dubai and financial stability. The other requirements include a medical test and a police clearance certificate.
Requirements For Investor Visa In UAE:
You need to fulfill the following requirements in order to get an investor visa in Dubai:
- Invest in shares of an existing company with a minimum value of AED 10 million, or
- Start a new business with at least AED 10 million in capital.
Documents Required:
Below is a list of documents and necessary paperwork that you need to submit for the investor visa application in Dubai:
- A copy of your passport
- A recent personal photograph that meets government photo requirements (specific size, background color, etc.)
- Memorandum of Association (MoA)
- A valid trade license
- Immigration establishment card
Cost of a Dubai Investor Visa:
The cost of the investor visa application process involves the following amounts.:
Entry permits cost around AED 1,000 to AED 1,100, and the status change request costs approximately AED 670. Visa stamping fees are about AED 900.
On average, the overall cost of a 2-year investor visa in Dubai starts from AED 12,500.
Additional costs include medical exams, Emirates ID fees, and other necessary documents like the immigration card.
How To Apply For Investor Visa In Dubai?
The following are the steps to be successfully completed in order to apply for an investor visa in the UAE:
Submit Your Visa Application:
First of all, you need to submit a visa application. For that purpose, you need to visit a local typing center to submit your visa application. Make sure all your documents are authentic and completed.
You can easily apply for a partner visa if you own at least 25% of the business. The immigration authorities will approve your application if all the information is correct, and you will receive a confirmation email for approval.
Complete The Status Change Process:
After submitting your application, the second step is to complete the change of status process. For that purpose, you need approval from the General Directorate of Residency and Foreign Affairs Dubai (GDRFA), which you will receive via email. This can also be managed at a typing center.
Medical Examination:
In the third step, a medical test is required as part of the visa process. So, you should visit an authorized medical center on your scheduled date to complete the necessary exams. The medical results are usually processed quickly.
Emirates ID:
To ensure your legal stay in the UAE, you need an Emirates ID. After your medical exam, you need to proceed with the Emirates ID application. Your fingerprint authorization may also be required, depending on the type of application.
Get Your Visa Stamped:
Once all the steps are complete, your UAE investor visa needs to be stamped. For that purpose, you should visit an authorized center for visa stamping. Once processed, you will receive an SMS notification from immigration regarding the status of your visa. You also need to submit your passport through the courier services.
Difference Between Investor Visa and Partner Visa:
The following is an overview of the difference between an investor visa and a partner visa in the UAE:
A Dubai investor visa is issued to an entrepreneur who establishes a sole proprietorship in Dubai. This type of business has only one owner, and all rights are reserved to individual authority.
A partner visa is issued to an entrepreneur whose business on the mainland of Dubai involves multiple owners or shareholders.
How Can We Help You?
The process for getting a Dubai Investor Visa in the UAE has become clear by following all the above steps. However, for the authentic and timely completion of an investor visa in Dubai, you should hire expert guidance such as Now Consultant.
The expert team at Now Consultant helps you complete every step from submitting the initial application to submitting the documents and getting final approval from the authorities for an investor visa in the UAE. Our visa experts help you with the investor visa application by taking care of all legal formalities and ensuring a smooth process in the UAE.
FAQs:
What Is The Minimum Investment Required For An Investor Visa In Dubai?
The minimum investment required to qualify for an investor visa in Dubai is AED 10 million.
How Long Is The Investor Visa Valid In Dubai?
The validity of the Investor Visa in Dubai varies by its type: some investor visas are valid for 2, 3, and 5 years. While the Golden Visa type is valid for 10 years.
How Long Does It Take To Process An Investor Visa In Dubai?
The processing time for an Investor Visa in Dubai typically ranges from 15 to 20 working days. This includes the registration of your business, obtaining a trade license, and completing the visa application process.
Can I Apply For An Investor Visa If I Buy Property In Dubai?
Yes, you can apply for an Investor Visa by purchasing property in Dubai, provided the property is worth at least AED 1 million and that no more than 50% of the purchase is financed through a mortgage. However, the property must be freehold and not off-plan.
Is The Investor Visa Subject To Any Tax In UAE?
No, the Investor Visa in the UAE is not subject to any tax. The UAE offers a 100% tax exemption on both corporate and personal income, allowing you to enjoy your investment returns without tax obligations.
