A Detailed Guide to Getting an Investor Visa in UAE

The United Arab Emirates embraces a business-friendly environment that attracts investors from all over the globe. To encourage more investments, the UAE authorities have maintained a separate category of visas for investors and entrepreneurs. An Investor Visa in Dubai allows investors to work and live in Dubai. It is a two-in-one visa that offers various facilities and amenities for foreign businesses to run successfully.

So, if you are willing to start a business in Dubai or anywhere in UAE, we have got everything covered for you to know about this type of visa.

What are the requirements for an Investor Visa?

You can get an Investor visa in either of the two ways –

• Incorporating new company

Registering a company in Dubai is the simplest approach to obtaining an Investor Visa. Depending on the legal structure you choose, you either become the owner or shareholder of the company. After the successful formation of your company, all you need to do is submit the following paperwork to the Dubai Immigration Department.

Trade license copy

Company’s MOA

Business card

Entry permit/tourist visa

• Present proof of existing investments

In this method of application, you need to present before the Dubai Municipality the documentation of your investments made in Dubai. If your application fulfills the qualifying requirements of the UAE Government, the Dubai Municipality will approve your file and forward it to the Economic Department. Further, the department would share a reference file number on which the Municipality will issue its NOC (No Objection Certificate). Later, when you will apply for your UAE investor visa, you would be required to submit this NOC.

Documents required for an Investor visa in Dubai

• Photograph of the applicant (with a white background)
• The existing UAE visa, if any
• Establishment Card
• Emirates ID
• Bank account details

The business formation specialists of Shuraa can take care of this task for you. They can assist you with company formation in Dubai and also handle your paperwork and other legal formalities required for the Investor Visa application.

What is the difference between UAE Investor Visa and UAE Partner Visa?

UAE Investor Visa is basically for those investors who have an established business in the UAE, considering that the business is a sole proprietorship. Hence, the investor can use their trade license to apply for an Investor visa.

On the other hand, a UAE partner visa is for investors who own businesses that have multiple shareholders. For example, Limited Liability Company.

This is the basic difference between the above visas. Apart from that, the legal aspects and the visa benefits for both are the same.

What are the benefits of having an Investor visa?

A Dubai visa is something people look forward to as it comes with numerous advantages. Similarly, people can also benefit the same from an Investor visa. Below given are some of the perks of acquiring an Investor visa in Dubai –

• Access to UAE

UAE is one of the fastest-growing nations in the world with an incredibly diversified economy. From beach-front resorts to mega malls and grand apartments, UAE offers everything you could ever dream of. Besides, the country is constantly developing in terms of infrastructure and industries, creating more opportunities for individuals and firms to take advantage of.

• Tax-free environment

The UAE has signed double-tax treaties with different countries around the world. This means you do not need to pay any taxes if you own an Investor visa in Dubai. Besides, if you plan to operate your business offshore, you can avail of additional tax benefits.

• Marvelous infrastructure

Apart from offering a tax-free abode, the UAE government has also invested heavily in developing the infrastructure of the country. Thus, visa holders can enjoy world-class amenities that can help in the growth and expansion of their company.

• Safety, Security and stability

As per global data, UAE is considered one of the safest countries to live in. It offers nothing else than luxury, comfort, and tranquillity. Free from riots, protests, and other negative public disturbances, UAE provides an ideal platform to invest your hard-earned money.

Further advantages may include:

A reputable place to work and live

Freedom to travel outside the country

Access to government services

Be a part of expanding economy

Easy to sponsor children, spouses, and parents

Reliability

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Types and Categories of Investor Visa in UAE

According to the reformed legal structure, foreigners can live, work, and study in the UAE without needing a local sponsor. Moreover, foreign investors with a business on the Mainland can have full ownership of their company. However, depending on the requirements, the applicants have to look for the type of investor visa they can apply for. So, below given are the types of visas investors can apply for -

• Property Investor Visa

This type of Investor Visa is issued to those who have invested more than AED 1 million in residential real estate. However, if the property is leased, 50% of the total value can be covered by a mortgage.

The validity of this visa is often three years. However, after the expiry of the three-year visa, you can opt for the five-year visa with a minimum property investment of AED 2 million.

• Company Investor Visa

This visa is for those who want to set up a new company in Dubai or invest in an existing one. The minimum capital investment in the new company or the possession of shares in any established business should be at least AED 72,000.

• Retirement Visa

This special visa is allotted for senior citizens in Dubai, UAE in order to ease their retirement period. Residents aged 55 or above who own a property worth AED 2 million, savings worth at least AED 1 million, or an active monthly income of AED 20,000 or higher can apply for this 5-year long plan.

• Long-term residence

An investor or entrepreneur can opt for a long-term residence visa by investing a minimum of AED 10 million or AED 5 million in a company or starting a new business worth the same amount. The validity of the visa, either 5 years or 10 years, depends on the amount invested by the applicant. However, they have to meet a set of other criteria laid down by the General Directorate of Residency and Foreign Affairs (GDRFA), Dubai to get hold of this visa. The business experts of Shuraa can guide you with these criteria and help you obtain your UAE Investor Visa efficiently.

Procedure to get an Investor Visa in Dubai

Here is a quick guide to getting your Investor Visa –

• Entry permit

The first and most important thing to step into this process is to enter the country. In simple words, you must obtain an entry permit to UAE. Once you have arrived in UAE, you can begin your visa application.

• Investor Visa application

The application process varies depending on the type of Investor visa you apply for. The basic documents required for this process include the following:

• Health insurance
• Good conduct certificate
• Existing UAE visa
• Passport
• Bank statement

Once you apply for an investor visa, you become eligible for an Emirates ID card, open a bank account and apply for a UAE driving license.

• Medical examinations

The UAE government mandates a medical examination for the Investor visa application. The applicants have to undergo an X-ray exam and multiple blood tests at a medical center.

• Corporate documents

If you plan to invest or move a business to the UAE, then you will be required to present a few corporate documents such as company registration forms and bank statements as proof of funds.

Get your UAE Investor Visa with Shuraa!

The investor visa in Dubai is a great alternative to UAE citizenship as it helps your business grow in a tax-free environment and expand your investment portfolio. As the businesses in Dubai and other Emirates of the UAE are booming, Shuraa Business Setup can help you join the business community and obtain an investor visa in the gulf country.

Enjoy fast-track business setup and visa acquisition with our exclusive services. Visit www.shuraa.com for further information.