There’s so much to admire about Dubai. The breathtaking architecture, world-class business facilities, and a safe working environment free of crime and thefts. All of these are the prime reasons why entrepreneurs and business owners wish to obtain the Dubai investor visa. And why not? You get several exclusive benefits, tax redemptions, a safe residential stay, and a lot more with the investor visa in Dubai.
You can apply for an investor visa for a 10-year term if you have an investment plan of a minimum of AED 10 million in the public sector. Furthermore, you can also secure an investor visa for a 5-year term with an investment plan of AED 5 million in the real estate sector.
Applicants should note that the investment sum shouldn’t be loaned and the investment must also be maintained for a minimum period of 3 years. You can connect with the business consultants at Shuraa UK to get rid of your worries related to the investor visa.
What is the Process to Obtain a Dubai Investor Visa?
An investor visa in Dubai has several benefits like reliable legal protection, tax-free business functioning, and a lot more. Therefore, expats are looking to grab the opportunity of securing an investor visa with both hands, and here’s how you need to go about it:
1. Submit your Visa Application
The very first step to getting you started with the process of obtaining an investor visa in Dubai is to file your visa application. It’s recommended to get your application typed from the experts at typing centres to ensure there’s no data mismatch or error in the visa application. The best part is that you can also apply for a partner visa, given that the partner (male or female) possesses at least 25% shareholding in the company.
Note that identity verification is also done at the typing centre. Therefore, don’t forget to gather all the documents and carry them whenever you’re involved in any paperwork related to the Dubai investor visa.
The decision for approval or rejection of the partner visa application rests on the shoulders of the UAE immigration department. They follow a well-defined procedure to assess your application, and the verdict is communicated over your registered email.
2. Get going with the Change Request
This step is dependent on the approval from GDRFA (General Directorate of Residency and Foreigners Affairs Dubai). In case you don’t receive an email confirmation or your application is rejected, you need to jump back to the first step and rectify the discrepancies highlighted by the concerned department. However, you can proceed with the change request procedure if you receive approval from GDRFA.
All you need to do is to visit your nearest typing centre and provide them the email confirmation you received. Managing so much at once can become tiring for an individual. Therefore, you can connect with a consultant at Shuraa UK who can take care of all your worries related to the Dubai investor visa – be it documentation, processing, or anything else.
3. Take the Obligatory Medical Examination
A mandatory health check-up is the next step in the overall process of acquiring an investor visa in the Emirates. Ensure that you complete the medical typing before you go for your health examination. Remember, your visa approval also depends on this medical evaluation conducted by the governing authorities.
Applicants who complete their medical typing are eligible to visit the concerned medical centre as per the evaluation dates communicated by the authority. The processing time is quick and won’t need to wait for long before your results are shared with you.
4. Emirates ID Typing
Emirates ID is a vital component of your legal paperwork and residential legitimacy in the UAE. Be it for an investor visa in Dubai or any other legal document – you must have a valid Emirate ID to get the required approvals. You can get started with the ID typing once you have approval from GDRFA and the health authority.
Moreover, visa applicants might also be required to get fingerprint verification done as part of the overall safety and compliance protocol maintained by the UAE’s government. You can get this clarified with any of the governing authorities involved in your visa procurement process.
5. Get your Visa Stamping Done
Once you’re done with all the steps discussed above, it’s time to get your Dubai investor visa stamped. Much like most of the procedures involved in visa procurement, visa stamping in Dubai also doesn’t take a lot of time. All you need to do is visit an authorised centre and lodge your request for stamping.
The Immigration department will communicate their verdict (approval/rejection) over SMS on the registered mobile number (RMN). Moreover, you’ll need to provide the airway bill number to Zajel. This is required to obtain your original passport.
Which Documents are Required to Obtain a Dubai Investor Visa?
Here’s a shortlist of documents you must have to apply for an investor visa. Note that you might need a few external approvals too, based on your visa application. The general ones include:
- Copy of your passport
- Personal photograph as per the photo standards established by the government (size, background colour, etc.)
- MoA (memorandum of association)
- Your bank’s statement (for the past six months)
- Proof of accreditation attested by the concerned governing body
- Proof of patent
- A valid trading license
- Immigration establishment card and Emirates ID
How Much Will It Cost to Acquire the Investor Visa in Dubai?
Each step in the overall visa procurement process has dedicated payments that need to be settled by the applicant. The cost for an entry permit is around AED 1,000 to 1,100 and AED 580 for the change request. As mentioned above, you also need to get your investor visa stamped, and the same will cost you around AED 800.
Moreover, the overall investor visa cost in Dubai also includes the payments made for your medical examination, Emirates ID, and other mandatory documents like the immigration card. The business experts at Shuraa UK ensure that you don’t pay a single penny extra to secure an investor visa in Dubai by guiding you throughout the process.
Different Types of Investor Visa in Dubai
Based on tenure there are 3 types of investor visa in Dubai
- 3 Year
- 5 Year
- 10 Year
Apply for your Investor Visa!
Everything’s well-documented, and requirements are clearly communicated for all the legal procedures in Dubai. Therefore, if you’re confident that your business model and investment plan are suitable for the Dubai investor visa, then you can go ahead with it.
We, at Shuraa UK, help you obtain a 3 year investor visa in Dubai by doing all the heavy lifting for you to ensure you don’t face any hardships during your stay in the UAE. You can get in touch with our experts and let our dedicated team help you obtain your Dubai investor visa!