UAE Investor Visa: How to Get Investor Visa in Dubai
Investor visa in Dubai is also known as the Dubai Partner visa. Become a resident in one of the safest cities in the world – Dubai. The favorable tax regime and entrepreneurial business environment make it one of the best cities to invest in. However, not just Dubai, but all seven Emirates in the UAE provide extensive support and benefits for investors. Unlike most visas, Dubai investor visa has a validity of 3 years and allows investors to live and work in the UAE as well as sponsor their spouse, children and parents.
Dubai and the rest of the Emirates are attractive destinations for investors from all around the world. The government of the UAE wants to attract more foreign investors as well. As a result, they have released the investor visa that provides long-term residence for foreign investors. The UAE investor visa and the Dubai investor visa combined with all the attractions of the Emirates is the reason why investors from all over the world are flocking to the UAE.
What is the Investor Visa UAE?
The investor visa UAE was introduced by the government of the UAE to facilitate the intake of foreign investors into the country. As the authorities in the UAE are on a long-term plan to change the economic focus of the country from the oil and gas industry. The investor visa aligns with the goals of the UAE for the future.
The Dubai investor visa or Dubai Partner visa lets the holder of the visa seek long-term residence in Dubai. They can come and go from Dubai as they wish for the whole duration of the visa. Since the holder of the Dubai investor visa is considered a tax domicile of the UAE, they can no longer be taxable by their home country. However, they are still subjected to the regulations of the country of their nationality.
As a holder of the Dubai investor visa, you are eligible to apply for your Emirates ID card, a UAE driving license, a bank account, and other essential services that you need for your day-to-day life. You can also sponsor the visa of your spouse, children, parents, and a domestic worker after you have obtained your Dubai investor visa.
You can obtain the Dubai investor visa through:
- Investment in a Residential Property
- Investment in a Company
- Long-term Residence Visa
- Retirement Visa
Document Needed to Apply for a Dubai Investor Visa for Mainland Companies
When applying for the investor visa after starting a mainland company in the UAE, here are the documents that will be required:
- The International Bank Account Number of the sponsor.
- The Establishment Card.
- The Memorandum of Association for proof of the share of ownership.
- The partner’s current visa should they have one.
- One passport size photograph with a white background.
Requirements for Obtaining the Investor Visa UAE
You can apply for the UAE investor visa if you have invested at least AED 10 million in any one of the public sectors of the UAE, or if you have invested at least AED 5 million in a physical property. You can make Dubai and the UAE the headquarters of your global business and apply for the UAE investor visa.
UAE Investor Residence Visa
A shorter investor residence visa can be obtained if you have an investment of AED 1 million in real estate in an area that is approved by the government of the UAE. The duration of this visa is for 2 years, and you can renew it after the duration has expired as long as you still own the property after those 2 years. The UAE investor residence visa can be canceled by the government if the owner does not visit the country at least once in 180 days.
10 Year UAE Investor Visa
For the 10 years UAE investor visa or golden visa UAE , the investor must have a minimum investment of AED 10 million in the public sector of the country. Alternatively, you can be a partner of an existing company and still apply for the UAE investor visa, given that the value of your shares in the company is worth at least AED 10 million.
The amount that you have invested in the UAE cannot be loaned, or else you will not be eligible for the 10 years UAE investor visa. The investment must be maintained for at least three years for you to be considered eligible for the UAE investor visa.
5 Year UAE Investor Visa
For the 5 years UAE investor visa, the investor must have a minimum investment of AED 5 million in the public sector of the country. Alternatively, you can be a partner of an existing company and still apply for the UAE investor visa, given that the value of your shares in the company is worth at least AED 5 million.
The amount that you have invested in the UAE cannot be loaned, or else you will not be eligible for the 5 years UAE investor visa. The investment must be maintained for at least three years for you to be considered eligible for the UAE investor visa.
Why should you apply for an Investor Visa UAE?
- Resident permit
- Reside and travel across all seven Emirates in the UAE
- Travel visa-free to many countries
- Only visit once in 6 months to ensure validity of your resident visa
- Sponsor family member
- Excellent standards of living
- No employment in the UAE is required
- Zero corporate tax in Freezones
- No income tax
Process of Obtaining the Investor Visa in UAE
Here are the steps in the process of obtaining the investor visa in the UAE:
Fill your visa application
You can easily fill your visa application form by visiting the nearest typing center. Ensure that you have all the necessary documentation for identification and double-check to ensure that the form is error-free.
Change the status request
Once the General Directorate of Residency and Foreigners Affairs Dubai has approved your application, you need to change the status procedure from the typing center.
Take the medical examination
You need to visit the medical center as per your scheduled time and date. After undergoing the medical test from the authorized medical center, you will receive your confirmation.
Get your emirates ID
The emirates ID keeps you safe in the UAE. After you have completed the medical test, go for the fingerprint scan and verification. You will receive your emirates ID after that.
Stamp your investor visa
The last step is to get your investor visa stamped by the authorities. You can visit an authorized center and get your visa stamped in no time.
Advantages of Obtaining the Dubai Investor Visa
There are a lot of advantages and benefits of moving and starting a business in Dubai. There are a lot of ways to move to Dubai without an investor visa. However, since the investor visa provides a lot of benefits that you cannot find elsewhere, it is so popular among investors and businessmen from all over the world.
Here are the benefits of obtaining the Dubai investor visa:
Tax exemptions
The UAE provides a 100% tax exemption on all corporate and personal incomes. You can obtain this benefit by moving to the UAE with a UAE investor visa. You will not have to pay any taxes from the income of your investments.
Profits and capital repatriation
The UAE allows 100% repatriation of capital and profits. That means you can move any profit you earn from your investment here back to your home country.
Worldwide talent
If you have a business here, then you can hire from anywhere in the world thanks to the investor visa. It allows you to sponsor the visa of the employees you hire so that they can move to the UAE and work for you.
Corporate bank account
You can open a corporate bank account here in Dubai if you have obtained an investor visa here. However, ensure that you research the financial institution before opening a corporate bank account.
Family visa
Once you have obtained your UAE investor visa, you can sponsor the visas of your family members. You can sponsor the visa of your children, spouse, parents, and one domestic worker.
Business partners
As owners of a business, all the partners can apply for an investor visa here in Dubai. However, as we mentioned before, keep in mind that each of the partner’s shares must be worth at least AED 10 million.
UAE residence visa
Last but not the least, the UAE investor visa paves the way for you to obtain the UAE residence visa or the UAE golden visa. These visas let you seek long-term residence in the UAE.
How can I get an investor visa in UAE?
You can easily obtain your investor visa in the UAE with the help of professionals. If this is your first time in the UAE, it is highly suggested to seek help from professionals.
Can investor visa work in UAE?
The investor visa lets you reside in the UAE given that you have at least AED 5 million or AED 10 million invested in a public sector inside the country.
What is the advantage of an investor visa in the UAE?
The investor visa lets you receive all the advantages like tax exemption and profit repatriation in the UAE.
How much money do you need for an investor visa?
Different steps in the process of obtaining the investor visa in Dubai have different costs. The total cost to complete all the steps is around AED 2500.
For Further Information, Get In Touch
You can contact us on info@spiderbc.com or call us on +971 800 774337