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A Complete Guide to Obtaining a Dubai Investor Visa – People worldwide who want to invest or launch enterprises come to the UAE for its strong economy and supportive business climate. Dubai welcomes and supports such individuals by creating a unique investment-driven visa program that enables investors to create a secure future for their families and businesses.
Who wouldn’t want to enjoy life in Dubai while making financial investments in one of the most promising places on earth? Keep reading to learn how to apply for an investor visa in the UAE.
What Is the Dubai Investor Visa?
An individual can live and work in Dubai as an investor with the help of an Investor Visa Dubai, which is a form of residency visa. A person usually needs to invest a sizeable sum of money in a Dubai company or piece of real estate to be eligible for an investor visa. Depending on the sort of investment and the unique rules and regulations of the United Arab Emirates. There may be different criteria for acquiring a Dubai investor visa (UAE).
The Dubai investor visa is the best option for foreign nationals who wish to start a business in Dubai or invest in an existing one. The Dubai investor visa holders can support their families while living and working in the United Arab Emirates.
In addition, Dubai is more likely implement new regulations designed to streamline the application process for licenses and permits and shorten the turnaround time for different bureaucratic procedures. One of the strategies would create brand-new SEZs to target certain foreign investment sectors, such as manufacturing, financial services, and technology.
Dubai & UAE Investor Visa Benefits
The following are a few advantages of the Investor Visa Dubai:
- A stable place of residence in the UAE
- Travel outside the UAE while the visa is valid
- A setting free from taxes
- Having access to government-sponsored subsidies and social services
- The ability to sponsor parents, a spouse, and children.
- The chance to contribute to the city’s expanding economy.
Requirements
You must own a freehold home to obtain an investor visa in Dubai. The home may be a villa, an apartment, or a townhouse. Other standard prerequisites for real estate investing include:
- A DLD-issued deed must enable you to purchase the property, valued at least AED 1 million.
- Invested property cannot be a gift or bequeathment.
- If there is a mortgage on the property, you must pay half of the amount together with a loan statement and a NOC from a bank.
- Property must be in a freehold neighborhood and one cannot rent it to the owner.
- Only after a couple presents their marriage certificate may they purchase real estate.
Documentation
Documents required to obtain the real estate license include the following:
- Six passport copy
- Current valid visa
- Title deed
- Applicant’s photograph
- Bank statements
- Utility bill
- Health or Medical Insurance
- Good Conduct Certificate
- Your proof of income should not be less than AED 10000 every month, regardless of where you work.
- NOC and stamped loan statement
If you are an applicant who satisfies the aforementioned conditions, you must also submit the relevant paperwork to the Economic Department to register for a property license. The maximum time required for the property license to get authorised is thirty days.
Dubai Investor Visa Eligibility Criteria
Anyone can apply for a Dubai Investor Visa if they want to start a business or make investments there. It is important to keep in mind that each form of visa has unique guidelines depending on the regions in which you may choose to launch a business.
For instance, the application procedure for a 5-year visa could differ depending on whether the applicant is from the mainland or an offshore location. It is advisable that you speak with an expert to guide you through the procedure so that you can comprehend it better.
An individual would normally need to present papers proving they have made a qualifying investment in Dubai. They need to provide evidence of their financial stability and adequate cash to sustain themselves while residing in the city. This is essential to be eligible for the real estate license. In rare circumstances, an individual must undergo a medical examination and get a police clearance certificate from their native country.
Dubai Investor Visa for Free Zone Companies
Dubai established free zones or free trade zones across the emirate to invite international investment and economic activity. Businesses located in business zones are free from taxes like the Value-Added Tax (VAT) and are 100% owned by foreign nationals. The free trade zone can act as the applicant’s sponsor when people create or invest in a free zone business in these authorised locations.
However, owners and investors of free zone enterprises will go through a different application process for the Dubai investor visa. Depending on the free zone in which the firm is located, the type of business, and other considerations. The application procedure and fees will change. You may get more information about the Dubai free zone investor visa application procedure by getting in touch with the relevant free zone.
The process of obtaining an investor visa in Dubai is complicated and time-consuming. The best way to apply for an investor visa is to hire a consultant’s services. Who can either walk you through the process or help you out by doing most of the work for you. You may check out Apartments for investment.
Contact Dubai Business Setup to learn more about alternative investment options in Dubai. They can provide their clients with professional advisory services thanks to their specialised knowledge and superior competence. They supply the greatest evaluation and a few extra advantages for your new company.
