People from all over the world are attracted to the United Arab Emirates (UAE) because of its attractive business climate. Dubai investor visa, also known as Dubai partner visas, facilitate business and investment activities in the UAE.
For long-term residence visas, the most common type is the Dubai Investor Visa, which requires substantial investment in Dubai.
What Is Dubai Investor Visa?
Dubai investor visas, also known as partner visas, are an attractive option for foreigners interested in starting a business or investing in an existing one. In addition to doing business, this visa allows visitors to reside, work, and sponsor family members in Dubai.
Dubai Investor Visa Eligibility Criteria
Dubai investor visa applicants must meet specific eligibility requirements. Applicants for the Dubai investor visa must either:
- A minimum investment of AED 10 million should be made in existing firm shares.
- Establish a new corporation with a capital investment of AED 10 million.
Dubai Investor Visa Required Documents
The purpose of your application must be supported by several documents when applying for a AE long-term residence visa.
Documents you need when applying for an entry permit include:
- Copy of your passport
- Passport-size pictures
- Six-month bank statement
Any additional documents related to your purpose:
- Copy of the company’s trade license
- Contract of Partnership (if applicable)
- Other partners’ IDs (if applicable)
- A copy of the LLC’s Memorandum of Association
- UAE accreditation (for specialized talents)
- Investor proof of patent
Once you’re in the UAE, you’ll need these documents to apply for a long-term residence visa:
- Entry permit
- Medical test
- Passport
- Pictures
- Establishment card
- Documents related to your travels
Note: Not all documents are listed here. For each case, you may need to obtain UAE authorities’ approval before applying. Due to the sensitive nature of this visa, you may also need the help of an attorney.
Dubai Investor Visa Online Application Process
- You can apply online for an entry permit.
- Visit the ICP Smart Service in person or online to apply for an investment visa.
- You must present a Dubai Police good conduct certificate.
- You must purchase health insurance as part of your visa application.
- A medical fitness test can be obtained at a government health center.
- Your bank should provide you with a letter of no objection.
- A bank statement would be appreciated.
Dubai Investor Visa Processing Time
It typically takes 15-20 working days to complete the business setup, license, visa application, and visa stamping. January 19, 2024.
Dubai Investor Visa Cost
A Dubai investor visa costs vary depending on your circumstances and how you apply. When applying through an Amer center, the following fees are charged:
- Entry permit: AED 1,175 for UAE residents and AED 525 for foreign visitors.
- AED 675 for a change of status (not necessary for foreigners entering the UAE).
- Visa stamping costs around AED 870.
- Emirates ID: AED 500
- Medical Tests: AED 350.
Dubai Investor Visa Validity
An investor visa is valid for 3 years, granting you the right to reside in Dubai for three years. You can sponsor your spouse, children, and parents to become UAE residents with an investor visa.
Dubai Investor Visa Rules
If you wish to invest in existing firm shares, you will need to have a minimum investment of AED 10 million. Invest AED 10 million in the creation of a new company with a capital investment of AED 10 million.
Who qualifies for a UAE Long-Term Residence Visa?
In the UAE, there are two types of Long-Term Residence Visas, each with its own requirements and eligibility criteria.
10-year UAE long-term residence visa
One of the following categories qualifies you for a 10-year UAE long-term residence visa:
- An investment of at least AED 10 million in the public sector is required (UAE Investor Visa – see below).
- As a doctor, scientist, inventor, specialist, or of special talent in the arts or sciences, or as an engineer of computer programming, electronics, electrical, or biotechnology, you possess a specialized talent.
5-year UAE long-term residence visa
The following categories qualify you for a 5-year UAE long-term residence visa:
- The UAE Investor Visa, also known as the UAE Property Visa, allows you to invest in real estate in the UAE.
- Entrepreneur with a minimum capital of AED 500,000 for an existing project
As a student, you excel in the following areas:
- An average of 95% in a secondary school, public or private
- When you graduate from a university in or outside the country, you should have a minimum GPA of 3.75
How to get a Dubai Investor Visa?
An Investor Visa in Dubai or anywhere else in the UAE requires an investment of at least AED 10 million in the public sector or AED 5 million in real estate.
Public sector investment (10-year visa for UAE)
Investing at least AED 10 million in the DUBAI public sector will qualify you for a 10 year visa by investment. This includes:
- Investing in a fund
- Establishing a new company in the UAE with a minimum capital of AED 10 million
- You can become a partner in an existing company, provided that your shareholding exceeds AED 10 million
Investing money requires you to make sure that:
- It is not loaned
- Maintain the investment for at least three years
Buying property (5 year visa for UAE)
Investing in a property with a gross value of at least AED 5 million can also qualify you for a long-term visa for the UAE. Investments cannot be financed by someone else, and they must be maintained for at least three years.
10 year UAE visa for persons with specialised talents
UAE visas are also available for people with specialized talents. Among them are doctors, investors, specialists, scientists, or those with arts and culture talents. Nevertheless, the UAE visa for persons with specialized talents is subject to the following requirements:
- For scientists: Applicants must be accredited by the Emirates Scientists Council or hold the Mohammed Bin Rashid Medal for Scientific Excellence.
- For artists: It is necessary for you to be accredited by the Ministry of Culture and Knowledge Development.
- For inventors:The UAE’s economy benefits from patents of value (accredited by the Ministry of Economy).
For doctors and specialists: At least one of the following conditions must be met:
- A PhD degree from one of the world’s top 500 universities has been awarded to you
- With a PhD degree and 10 years of professional experience, you are an expert in your field
- Your field has given you an award or certificate of appreciation
- Your field of expertise has an organization that you belong to
- Publications in renowned journals or books in your field have been published by you
- It is a priority area for the UAE that you have specialized in
- For executives: As the head of a leading and internationally recognized company, you have a lot on your plate
- For otherwise exceptional talents: You must have published a scientific paper in a high-quality journal or you must own a patent
Can I Take My Spouse And Children With a UAE Investor Visa?
Yes,A UAE Investor Visa allows you to bring your family members, including your spouse and children, along. Furthermore, one executive director and one advisor can be included in the visa.
Can I Have A Business Partner with A UAE Investor Visa?
Yes,A UAE Investor Visa can be applied for by multiple business partners. However, that doesn’t mean that you can split the investment multiple ways: each business partner must invest their own AED 10 million.
Dubai Investor Visa Benefits
Dubai investor visas offer a number of benefits to entrepreneurs:
- Residency: You automatically receive a three-year Dubai residence visa when you apply for an investor visa.
- Sponsorship for Family: A UAE investor visa allows you to sponsor your spouse, children, and parents to become UAE residents.
- The Golden Visa Pathway:An investment visa and a successful company endeavor in the UAE improve your chances of earning the UAE Golden Visa. Introducing the Golden Visa in 2019, it awards investors and entrepreneurs with a 10-year UAE residency visa to promote business development and reward their contributions.
- Seamless Travel: Traveling to GCC countries for business or leisure is easier with a Dubai investor visa. Travel visas to certain regions are quicker to obtain than job visas.
- Extended Stay Abroad: Your residency in the UAE will not be nullified if you live outside the UAE for up to one year consecutively. The duration of employment or dependent visas outside the UAE is limited to six months.
FAQ About Dubai Investor Visa
How can I get investor visa for Dubai?
A Dubai investor visa can be applied for only if you meet specific eligibility criteria. The Dubai investor visa is granted to individuals who: Invest in existing firm shares with a minimum value of AED 10 million. Invest AED 10 million in the creation of a new corporation.
How much is the 3 year investor visa in Dubai?
In order to obtain a 3-year visa, the applicant must go to the Cube Centre at the DLD main office and pay the required fees. A 3-year investor visa costs about AED 15,000 (USD 4,100).
How much do I need to invest in Dubai to get residency?
In order to qualify for the UAE Golden Visa, what is the minimum investment required? To obtain this investor visa, you will need to invest at least two million AED (approximately $550,000).
ConclusionÂ
Dubai Investor Visa, also known as the Partner Visa, serves as a gateway for individuals worldwide to engage in business and investment activities within the United Arab Emirates (UAE).
By meeting specific eligibility criteria and investing a substantial amount in either existing firm shares or establishing a new corporation, applicants can secure residency, work permits, and sponsorship opportunities for their families in Dubai.
With its streamlined application processes and a range of benefits, the Dubai Investor Visa offers a promising pathway for entrepreneurs and investors seeking to thrive in the UAE’s vibrant business environment.
