All You Need to Know About the Investment Visa in Dubai

Dubai, one of the most glamorous cities in the world, is widely famous for its unmatched business opportunities, technological advancement, and high standard of living. Its commitment to focus on constant progress and economic growth justifies its popularity among the business and investor community who vehemently desire to call this vibrant city home. One of the most straightforward ways is to know how to obtain an Investor Visa in Dubai.

Business aspirants and budding investors who are keen to set up their dream venture in Dubai can streamline their path through an investor visa. This multi-benefit visa not only provides hassle-free residence assurance but also authorizes its holders to enjoy other benefits the Emirate has to offer, such as tax exemptions, family sponsorship, and more.

What is an Investor Visa in Dubai?

An investor visa, also known as a business visa, is a residency permit that allows expatriates to live in the UAE to establish or own a business. The UAE introduced this visa to attract foreign investments and entrepreneurs to foster economic growth through various business activities.

Besides, it comes with multiple options, such as the 2-year, 5-year visa, and 10-year visa, depending on the level of investment made by the individual, granting them the opportunity to fully immerse in the dynamic and rapidly expanding economy of the UAE.

Is an investor visa different from a partner visa in Dubai?

Yes, these are two different kinds of visas.

People often tend to confuse these terms, while both these visas serve different purposes. An investor visa is issued to individuals who are sole owners of the business, whereas a partner visa is issued for businesses with multiple owners or partners. Despite this difference, both offer similar benefits in terms of residency and business operations.

Dubai Investor Visa: Types

Each type of Investor Visa Dubai has unique benefits and eligibility requirements. Here’s a quick overview:

2-year investor visa – Under this scheme, foreign nationals can live and work in the UAE by investing in a local business. The investment required to secure this visa is AED 12,500 to AED 25,500. Furthermore, the investors can renew their visas and secure long-term residency by maintaining their investment in the UAE.

5-year investor visa – This visa caters specifically to individuals who make substantial investments, at least AED 2 million, in the real estate sector. However, to obtain the visa, the investor must fully fund the investment and retain it for at least three years.

10-year investor visa – The 10-year visa, also known as the “Golden Visa” is for individuals who commit to significant financial investments in the UAE, which may be any of the following:

A minimum of AED 2 million in public sector investments
Buy shares worth at least AED 10 million in an existing firm.

In addition, they are not allowed to borrow the funds and retain the investment for at least three years.

How to Obtain an Investor Visa in Dubai: Requirements

To secure an investor visa, individuals are required to meet specific requirements based on the type of investment they make.

Real Estate Investment: An investment of a minimum of AED 750,000 in a UAE property.
Mortgaged Property: 50% of the property’s value or AED 750,000 must be deposited to the bank, along with an NOC.
Shared Property for Married Couples: Combined applications for couples who jointly own a property worth AED 750,000.

For family residency permit:-

No-Objection Letter from the father (if the mother is the sponsor), notarized by a notary
Proof of marital status of unmarried daughters over 18
Original passport and ID of the UAE sponsor
A recent photograph (as per guidelines of the General Directorate of Residency and Foreigners Affairs)
Health insurance
Marriage and birth certificates (Attested)
IBAN

By fulfilling these requirements, foreign investors can secure their Dubai investor visa and other residency permits, thus clearing a pathway to attain a long-term presence in the UAE.

Alternatives to How to Obtain an Investor Visa in Dubai

To obtain this visa, individuals need to invest with the value established by the authorities in any of the following methods:

Real estate: Buying property(s) in the country is one of the most popular options for investors seeking UAE residency.

Business incorporation: Another common route is establishing a company with determined capital. They can choose to set up their company either in the Mainland or a Free Zone.

Public investments: Individuals who invest in a public investment fund can also aspire for an investor visa Dubai, provided they meet any of the below conditions –

Letter from a recognized investment fund confirming a deposit of AED 2 million.
A Memorandum of Association declaring investment capital of AED 2 million or more.
Letter from the FTA (Federal Tax Authority) confirming an annual payment of at least AED 250,000 made by the investor to the government.

Economic contribution: Individuals who contribute to the UAE economy in any of the below-mentioned ways can qualify for how to obtain an Investor Visa in Dubai –

Direct investments in specific sectors
Employment creation
Participation in government initiatives

Invest in the financial or technology sector: Investments in the UAE’s financial market or the tech sector are also a viable option for those seeking residency in the UAE. Investors can consider buying stocks or bonds, investing in mutual funds, or trading commodities. They can also choose to invest in the renewable energy, Artificial Intelligence, or healthcare sectors to increase their chances of obtaining an investor visa in Dubai.

Investor Visa Dubai: Advantages

The investor visa offers numerous benefits to expatriates interested in investing and residing in the UAE, such as –

Valuable investment opportunities
Long-term residency with stability and security
Tax advantages
Access to regional markets
Access to all the healthcare and education benefits
High standard of living and ultra-modern infrastructure
Stable community with low crime rates

Cost Details for Dubai Investor Visa procedure

The cost details for Dubai Investor Visa includes the following:-

Entry permit fee
Visa stamping charges
Emirates ID fees
Medical test fee

The overall cost may include other additional fees as required by the immigration authorities. For further clarity, speak with a visa consultant at Shuraa.

Procedure to apply for a Dubai Investor Visa

You need to complete the following steps in order to apply for an investor visa:-

Application submission – Submit a visa application along with accurate and valid documents. If all the provided information is correct, the immigration authorities will approve the application and share a confirmation email.

Medical Examination – A medical test is required as part of the process. Therefore, the applicant is required to visit an authorized medical center on the scheduled date to complete the assessment and get the results.

Emirates ID – Emirates ID ensures the legal stay of the individual in the UAE. After the medical exam, they need to proceed with the Emirates ID application and provide their biometric details.

Visa Stamping – Once all the steps are complete and successfully processed, the applicant will receive an SMS notification from immigration authorities regarding the status of the visa. Post approval, the visa will be stamped on the investor’s passport.

Shuraa can help you

The expert team of Shuraa Business Setup will support you in completing every step of the visa application process and take care of all legal formalities, thus ensuring you a comfortable and convenient residency in the UAE.

For further information, call Shuraa at +97144081900 or email at info@shuraa.com