Living in Dubai is all sunshine and rainbows! Warm climate, humble taxes, secure and refined banking system, contemporary infrastructure, dynamic environment, you name it, Dubai has everything that one wants to live a quality life! Thanks to the UAE investor visa that allows one to call Dubai their home. Home is where the heart is. Home is where you should feel secure and comfortable. And if your heart is set on Dubai, part of one of the safest countries in the world, for your family and business, an investor visa in Dubai is what the doctor ordered! With a Dubai investor visa, you can get UAE residency for a certain period and relish the benefits that you can’t as a visitor or tourist. For instance, you can transfer your tax residence, lease a residence, purchase a Wi-Fi connection, open a personal bank account, access a driver’s licence, sponsor your family, and obtain an Emirates Identity Card.
What is an investor visa in Dubai? What is its validity?
Sunshine all the time makes a desert. Investor visas are no less than rains breathing new life into the dry land. Dubai Investor Visa is a conditional authorization granted by UAE polity to the holder to live in the UAE and to come and go as they wish for the duration of the visa. The visa is specifically designed for a foreign national who is interested in starting a new business or investing in an existing business in Dubai while residing in their favourite part of the UAE. In general, Investor Visa in Dubai can be obtained by way of investing in a company or real estate properties. The Dubai Investor Visa can be acquired under four different categories:
1. Visa by Investment in Residential Property
2. Visa by Investment in a Company
3. Long-Term Residence Visa
Click here to get acquainted with your long-term residency options in Dubai, UAE.
Validity of Investor Visas in Dubai
How long the investor visa will be valid depends on the nature and value of the investments. Keeping your business aspirations and model in view, you may apply for either of the:
- 10-year Golden Visa
- 3-year Property Investor Visa
- 5-year Property Investor Visa
- 3-year Company Investor Visa
What’s new?
Getting long-term residency in Dubai is easier than ever with new visas and permits in action. The government has simplified ways to migrate to the country for investors and people with exceptional skills by launching the UAE long-term visas, including the 10-year and 5-year visas for Dubai investors. Zeroed on luring investors and skilled talents from the world over to do business in Dubai, the UAE government is working on all cylinders to make it the world’s most investment-friendly place. The changes done in the UAE immigration rules and business landscape in the past few years cite the statement. Off late, the country has revised the terms for a 3-year investor visa in Dubai. Additionally, the mandatory requirement for a UAE national majority shareholder or a local agent who shall liaise with government departments has been removed for the majority of mainland commercial and industrial activities, while allowing 100% foreign ownership in Dubai mainland.
How can I get 10-year Golden Visa in Dubai?
A 10-year Golden Visa comes with a renewable validity of 10 years. You can obtain a UAE Golden Visa if you are a/an:
- investor
- entrepreneur
- skilled person in any of the fields of science and knowledge
- brilliant student with promising scientific capabilities
You have to invest in public investments worth not less than AED 10 million if you want to qualify for a Golden Visa as an investor. The investment can be in the form of:
- A deposit of at least AED 10 million in an investment fund inside the country
- A company setup in the UAE with a capital of not less than AED 10 million
- Partnership in an existing or a new company with a share value of not less than AED 10 million
- Diversified investment of at least AED 10 million in all areas mentioned, provided that 60% of the total value is invested in sectors other than real estate; the amount invested is not loaned; the investor intends to retain the investment for at least three years and the investor possesses financial solvency of up to AED 10 million
The greatest perk is that the main applicant’s spouse, and children, as well as one executive director and one advisor, can also qualify for a Golden Visa.
How can I get Property Investor Visa in Dubai?
Getting a long-term residency in Dubai by investing in properties is another way to live and work in your dream city. To be eligible for this investor visa type, you must possess real estate property/ies in Dubai worth a minimum of 1 million AED. As a property investor, you have a chance to obtain either of two types of residency visas in Dubai: a three-year visa and a five-year visa.
Three-year Property Investor Visa
This visa type is for individuals who hold a property in Dubai valued at 750,000 AED or more. The eligibility criteria for the 3-year Property Investor Visa are as follows:
- The minimum property value is at least 750,000 AED
- Mortgaged properties are accepted if 50% of the property value (or at least 750,000 AED) is already settled
- NOC letter in Arabic and a bank statement
- A POA will be required if the application will submit on behalf of the investor.
- The property must be in ready condition
For a 3-year Dubai investor visa application, you need to present:
- Title deed for properties
- Your passport
- Your recent photo as specified
- Current UAE Visa and Emirates ID copies (if you are already sponsored)
- Good Conduct Certificate from Dubai Police
- No Objection Letter from mortgagee/bank (if applicable)
- Health insurance
Five-year Property Investor Visa
A 5-year property investor visa is for those individuals who possess a property in Dubai valued above AED 2 million, subject to the following conditions:
- The minimum value of the property must be 2 million AED
- If it’s a mortgaged property, at least 2 millions property value must be paid to the bank
- NOC letter in Arabic and a bank statement
- Husband and Wife can share one property (Marriage certificate required)
- A POA will be asked for in the event of application submission by someone else on behalf of the investor
For a 5-year Dubai investor visa application, you need to be prepared with the following documents:
- Title deed for properties
- Your passport
- Your recent photograph with the right specifications
- Current UAE Visa and Emirates ID copies (if applicable)
- No Objection Letter (NOC) from mortgagee/bank (if applicable)
- Health insurance
How can I get Company Investor Visa in Dubai?
This visa type is ideal for foreign nationals who want to form a company and reside in Dubai with their family. You can obtain a 3-year investor visa (aka partner visa) if you are a shareholder or a partner or a sole owner of a mainland company in Dubai. Some free zones also provide investor visas for company shareholders, but not all of them. One has to meet the below-listed conditions to be eligible for a Dubai partner or company investor visa:
- The applicant is the sole owner of a sole establishment
- If it is an LLC, the value of shares of the applicant must not be less than AED 72,000
If you are investing in or setting up a company in Dubai mainland, you need to keep the below-listed documents handy for your Dubai investor visa application:
- Your passport
- One duly clicked photograph with white background
- Your current UAE Visa and Emirates ID copies (if applicable)
- Partner’s current UAE visa (if applicable)
- Partner’s passport copy
- Sponsor’s original Emirates ID
- A valid health insurance
- Bank Account IBAN Number of the sponsor
- Establishment Card
- Memorandum Papers (MOA) as proof of the share of ownership
- Company documents (such as Trade Licence & Memorandum and Articles of Association)
If you are applying for an investor visa by establishing your own company, here’s a step-by-step guide to starting a mainland company in Dubai
Your Investor Visa Service Provider in Dubai
Most entrepreneurs, aspiring or seasoned, who hate to waste their precious time head for professional help for their visa as well as business needs. You must hire one of the best business formation specialists in Dubailike Adam Global if you are planning to set up a business in Dubai or to obtain an investor visa in Dubai. It will save you tons of time, money and energy, as clear as day! The greatest benefit of approaching us is that you will get all your business-related services under one roof, as we are a one-stop-shop for all your visa and business needs in Dubai. Our Dubai business setup advisorsare happy to help you in establishing a company from scratch and running it successfully. You may also seek advice from ourtax consultants in Dubai to deal with your VAT and other tax-related matters, as we all know how swiftly corporate tax is approaching the UAE. Our corporate tax consultants will prepare you and your business beforehand, so you transition into your first financial year just like pro. Call us to book your first free consultancy with our Investor Visa specialist in Dubai.
