How Much Is An Investor Visa In Dubai?

Many people know Dubai for its tourism, but few know that this region is a business hub. Dubai offers fantastic business and investment opportunities. Investors can feel confident knowing their investments are in one of the world's safest business environments, thanks to the strict and reliable policies of the UAE government. But how much is an investor visa in Dubai? How to get it? And what are the requirements? We have answered such queries in this detailed blog. Read on.

What is an Investor Visa in Dubai?

An investor visa in Dubai is granted to individuals who plan to start a business or invest their capital in another startup. Interestingly, this investment can be in many forms, including: Purchasing property in Dubai (commercial and residential). Starting a new business or investing in an existing one. Investing in government-approved financial instruments.

Types of Investor Visas in Dubai

Type of Investor Visa Investment Requirement Benefits 3-Year Investor Visa AED 1 million (approx. USD 272,000) in real estate or a business · 3-year residency for the investor and immediate family. · Multiple entry visas for investors and family. · Eligibility to apply for a work permit. 5-Year Investor Visa AED 5 million (approx. USD 1.36 million) in real estate or a business · 5-year residency for the investor and immediate family. · Multiple entry visas for investors and family. · Eligibility to apply for a work permit. 10-Year Investor Visa (Golden) Investment options include: · AED 2 million (approx. USD 544,000) in real estate. · AED 10 million (approx. USD 2.72 million) in a company with at least 10 Emirati employees. · Investment in technology or innovation projects. · 10-year residency for the investor and immediate family. · Multiple entry visas for investors and family. · Eligibility to apply for a work permit. Potential renewal after 10 years.

How Much Is An Investor Visa In Dubai?

An Investor Visa costs AED 4,000, with a renewal fee of AED 1,750. The cost of a two-year investor visa depends on the documents and process. For instance, a property investor visa starts at AED 12,000.

Documents Needed

If you plan to invest in or start a company on Dubai’s mainland, you’ll need these documents for the UAE investor visa application: Bank statements from the last six months

Immigration Establishment Card

Memorandum of Association (MOA) showing share ownership Copy of your passport Dubai trade license copy One passport-sized photo with a white background A UAE national or agent had to be the majority shareholder in the past. However, recent rules now allow full foreign ownership of mainland businesses in Dubai.

Benefits of Investor Visa in Dubai

Sponsor Family
With an investor visa, you can sponsor your immediate family. This includes your spouse, children, and parents. Ease of Travel With a Dubai investor visa, traveling to any GCC country is simple. It speeds up getting a travel visa, which is more accessible than an employment visa. Outside Country Visa Validity With a Dubai investor visa, you can stay outside the UAE for up to one year without losing your residency. Employment and dependent visas only allow six months outside the UAE before cancellation. Long-Term Visa Having an investor visa can open doors to the UAE Golden Visa. This 10-year residency visa is for those who build successful businesses in the UAE. It rewards investors and entrepreneurs for boosting the country's economy. Difference Between Investor Visa and Partner Visa Investor Visa Partner Visa Investment in Dubai Partnership with a Dubai resident Substantial investment Marriage or civil partnership Residency for investor and family Residency for partner

Investor Visa Processing Time

Processing your investor visa takes around 15-20 working days. This includes registering your new business in Dubai, getting a trade license, applying for a visa, and having it stamped in your passport. Applying for a Dubai Investor Visa Follow these steps to apply for a Dubai investor visa: Register your company with the Dubai Economic Department (DED). Apply for your company’s establishment card. If you're outside the UAE, apply for an entry permit, then enter the UAE and complete the in-country status change. Complete the in-country visa status change if you're already in the UAE. Take your medical test. Apply for your Emirates ID. Get suitable health insurance coverage. Get your investor visa stamped in your passport. Proof of Existing Investments If you already have investments in Dubai, you don't need to start a new company to get an investor visa. You just need to provide proof of your investments to the Dubai Municipality. If your request meets the UAE Government's eligibility criteria, the Dubai Municipality will forward your file to the Economic Department. They will issue you a reference file number. You’ll receive an NOC (No Objection Certificate) from the Dubai Municipality. Present this NOC to the immigration department to apply for your investor visa. Remember, the final decision of approval or rejection depends on the government agencies reviewing your request.

Conclusion

Investor visas in Dubai are an excellent opportunity for those who want to expand their businesses. Not only can it be profitable, but it also keeps the region's economy in a sound state. Knowing all the relevant information about the investor's visa in Dubai allows you to decide wisely while applying. Remember to keep yourself updated on the latest rules and regulations so that you can navigate more opportunities here hassle-free.

What are the benefits of an investor visa in Dubai?

Dubai investor visa benefits include long-term residency, tax advantages, business opportunities, access to regional markets, family sponsorship, excellent infrastructure, a stable economy, low crime rates, and retirement options for investors over 55.

What are the rules for opening a business in Dubai?

To start a business in Dubai, register your company, get a trade license, and follow the legal steps required by the Dubai Economic Department (DED). If needed, check specific free zone options.

What is the difference between an investor and a partner visa in Dubai?

An investor visa is for sole proprietorship companies, while a partner visa is for companies with multiple shareholders. Both offer similar residency and business benefits.

How can I check the validity of my investor visa?

You can check your visa validity using the ICA Smart Services website.

How much does a Dubai partner visa cost?

A partner visa costs AED 4,000, with a renewal fee of AED 1,750. Prices may vary based on the specific requirements.