Dubai has a lot to admire. The stunning architecture, world-class business facilities, and a crime-free working culture. All of these factors contribute to entrepreneurs’ and business owners’ desire to obtain an investor visa Dubai. And why not? The investor visa in Dubai provides you with several distinct perks, including tax exemptions, a secure residential stay, and much more.
If you have a baseline investment plan of AED 10 million in the civil sector, you can apply for a 10-year investor visa. Furthermore, with a 5-year investment plan of AED 5 million in the real estate industry, you can obtain an investor visa for a period of five years. Applicants should keep in mind that the investment amount should not be borrowed and the capital must be kept for at least three years.
How to Apply for an Investor Visa in Dubai?
An investor visa in Dubai offers many advantages, including secure legal protection, tax-free company operations, and much more. As a result, expatriates should accept the chance to obtain an investor visa with both hands, and here’s how to do so:
Fill and Submit Your Visa Application
The filing of your visa application is the first step in the procedure of securing an investor visa in Dubai. It is suggested that you get your visa application typed by professionals at typing facilities to verify that there are no data mismatches or errors. The best part is that you can also register for a partner visa as long as your partner (male or female) owns at least 25% of the company’s stocks.
It’s worth noting that the typing center performs identification verification as well. Hence, whenever you’re engaged in any paperwork pertaining to the Dubai investor visa, don’t forget to assemble all the documents and bring them with you.
The UAE immigration department is responsible for deciding whether the partner visa application should be approved or rejected. They examine your application via a well-defined process, and the result is sent to your registered email address.
Begin Working on the Change Request
This phase is reliant on GDRFA approval (General Directorate of Residency and Foreigners Affairs Dubai). If you don’t get an email confirmation or your application is refused, go back to step one and correct any anomalies that the concerned department has pointed out. If you gain approval from GDRFA, you can begin with the change request procedures.
All you have to do is go to your local typing center and show them your confirmation email. Trying to manage so many things at once can be exhausting. Therefore, it’s best to contact Shuraa’s legal advisors, who’ll handle all of your concerns about the Dubai investor visa, including documents, processing, and everything else.
Appear for the Mandatory Medical Exam
The next step in the process of obtaining an investor visa Dubai is a necessary health check-up. Before you go for your medical consultation, make sure you’ve completed the medical typing. Remember that your visa approval is also contingent on the results of the government’s medical examination.
Applicants who’ve completed their medical typing are qualified to visit the medical center of their choice on the dates communicated by the authority. The processing period is short, and you won’t have to wait long to receive your results.
Emirates ID Typing
Your Emirates ID is an important part of your legal documents and residency status in the UAE. You’ll need a legitimate Emirate ID to receive the necessary approvals, whether it’s for a 3 year investor visa in Dubai or any other legal consent. Once the GDRFA and the health authorities have given their clearance, you can begin with the ID typing procedure.
Furthermore, as part of the UAE government’s comprehensive safety and compliance routine, visa applicants might be asked to undergo fingerprint verification. You can clarify this with any of the government agencies involved in your visa application.
Finish Visa Stamping
After you’ve completed all of the preceding stages, it’s time to get your Dubai investor visa stamped. Visa stamping in Dubai, much like most of the operations involved in obtaining a visa, doesn’t take long. All you have to do is go to an accredited center and submit your stamping request.
The Immigration Department will send an SMS to the registered mobile number (RMN) with their decision (approval/cancelation). You’ll also need to give the airway bill number to Zajel. This step is vital to get your original passport.
What is the Cost of Acquiring an Investor Visa in Dubai?
Each phase in the overall visa application procedure has its own set of fees that the applicant must pay. An entry permit costs roughly AED 1,000 to AED 1,100, and a change request costs around AED 580. As previously discussed, you must also have your investor visa stamped, and the same would cost roughly AED 800.
Furthermore, the total cost of an investor visa Dubai includes expenditures for your medical examination, Emirates ID, and other required documents such as an immigration card. The business specialists at Shuraa ensure that you don’t pay a single penny extra to acquire an investor visa in Dubai by guiding you through the procedure.
What Paperwork Goes Into Securing an Investor Visa in the UAE?
- Copy of your passport
- Personal photograph as per the photo standards established by the government (size, background color, etc.)
- MoA (memorandum of association)
- Your bank’s statement (for the past six months)
- Proof of accreditation attested by the concerned governing body
- Proof of patent
- A valid trading license
- Immigration establishment card and Emirates ID
Secure Your Investor Visa in Dubai!
Everything’s well-documented, and the criteria for all legal proceedings in Dubai are well defined. Therefore, if you’re convinced that your business model and investment strategy are appropriate for the investor visa Dubai, you should surely apply for one.
We, at Shuraa Business Setup, assist you in obtaining an investor visa by taking care of all the legal formalities so you don’t have to worry about anything throughout your stay in the UAE. You can contact our specialists and allow our committed team to assist you in obtaining a Dubai investor visa!