How To Obtain a Dubai Investor Visa? In 2024
The Dubai Investor Visa is a way for people from all over the world to make the UAE their home and place of business. Hence, if you want to get this visa, you will need proper assistance. In this article, you will learn everything about how to get an investor visa in Dubai. Dubai is one of the best commercial hubs preferred by entrepreneurs and investors due to its highly advantageous business conditions and favorable government policies. Let’s observe: 1. What is a Dubai investor visa? This visa is ideal for foreign nationals. Hence, it is perfect for people who want to start a business or invest in an existing business in Dubai. Also, they can live, work, and sponsor family members in the UAE. The visa is valid for three years. Without a doubt, this visa can give you great benefits. Do you want to obtain an investor visa in Dubai? This visa is only for individuals who buy shares in an existing company worth a minimum of AED 72,000. Or who establish a company with a capital investment worth the same amount, according to Dubai investor visa rules. Additionally, Connect Group can assist you in setting up your business in a Free Zone. 1.1. What is the difference between an Investor Visa and a Partner Visa? Although some may consider the terms investor visa and partner visa to be synonymous, there is a structural difference between the two. An entrepreneur who establishes a sole proprietorship in Dubai is granted a Dubai investor visa. This type of business has a single owner and no shareholders or partners. For example, if you establish a Mainland company in Dubai with a professional trade license as a sole establishment, your visa will be labeled Investor Visa. On the other hand, a Dubai property visa is granted to an entrepreneur whose company is based on the Dubai mainland. Additionally, it must have more than one owner or shareholder. For example, if you want to form a Limited Liability Company (LLC) in Mainland Dubai, you must partner with a local sponsor, according to UAE Law. Because your company will have more than one shareholder, you will be granted a Partner Visa. Aside from structural differences and terminology, the legality and benefits of both the investor visa and the partner visa are the same. 2. Who is eligible to apply for an investor visa in Dubai? You can legally become an investor, entrepreneur, or shareholder in any company in Dubai and across the UAE if you are 18 years of age or older. As a result, you will be able to obtain a UAE residence visa. Additionally, if you want to start a business in Dubai, we can help you create a setup plan. With our guidance, you will have a successful company in the country. 3. The visa’s validity The Dubai Investor Visa is valid for three (3) years. To renew your investor visa, you must go through the process of performing your medical test. Plus, you have to renew your medical insurance and Emirates ID every three years. On the other hand, if you are thinking about setting up a business in the RAK Free Zone, we can help you. 4. The advantages of the UAE investor visa Starting your own business in Dubai and becoming an investor both have advantages. Here are some of the advantages of obtaining an investor visa in Dubai. Residency: Because an investor visa is valid for three years, you are automatically eligible for a three-year Dubai residence visa. Sponsor family: You can sponsor members of your immediate family to become UAE residents. Hence, your spouse, children, and parents are examples of immediate family members. Travel Ease: If you have a Dubai investor visa, you can travel to any GCC country for business or pleasure. The investor status expedites the process of obtaining a travel visa to these areas. An employment visa does not provide the same level of convenience. Outside country visa validity: With a Dubai investor visa, you can live outside the UAE for up to one (1) year at a time without having your residency revoked. However, this is not the case with dependent or employment visas. These visas only allow you to stay outside the UAE for a maximum of six (6) months. After this, they will revoke your UAE residence visa. Long-term visa: Having an investor visa and establishing a successful business in the UAE can improve your chances of obtaining the UAE Golden Visa. The Golden Visa, a 10-year UAE residency visa is active since 2019. Its objective is to encourage business development and to reward investors and entrepreneurs for their contributions to the country’s economic growth. 5. How can you obtain an Investor Visa in Dubai? There are two ways to obtain a Dubai Investor Visa or any other visa in the UAE: Formation of a new company Existing investment proof At the same time, our agency offers visa services for those who want to start their commercial activities in the region. 5.1. Formation of a new company The simplest way to obtain an investor visa in Dubai is to register a company on the Dubai mainland. Depending on the legal structure of your business, when you form a company in Dubai, you become either the owner or a shareholder in the company. Hence, to apply for an investor visa, you must first establish your company. Then, you have to submit the following documents to the Dubai immigration department: Copies of trade licenses. A copy of the legally attested company Memorandum of Association (for a partnership) or the Local Service Agent Agreement (for sole proprietorship) Copy of the company’s business card. Existing visa cancellation documentation (if you have an existing employment or Dubai residence visa you must cancel it). If you have a visit or tourist visa, bring a copy of it with you. On the other hand, the following steps are required to obtain your Dubai investor visa:
