How to Obtain a Dubai Investor Visa?
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The UAE government issues several different types of visas depending on the purpose of your visit. The Investor Visa is one of the most popular forms of commercial visa in Dubai. It is long-term and, as it is also referred to as a Dubai Partner Visa or Business Visa, it comes with significantly fewer hurdles for any business. This visa is granted exclusively to entrepreneurs and investors who have established their businesses in Dubai.
If you are 18 years of age or older, you can legally be an investor, entrepreneur, or shareholder in any company in Dubai and the rest of the UAE. Consequently, you will be able to apply for a residence visa for the UAE.
The Dubai investor visa has a validity period of three (3) years. To maintain your investor visa, your medical examination, health insurance, and Emirates ID must be renewed every three years.
There are benefits to setting up your own business in Dubai and becoming an investor. Here are a few advantages of an investor visa for the UAE:
There are two ways to obtain a Dubai Investor Visa, and they are:
The easiest way to get an Investor Visa in Dubai is to register your company on the Dubai mainland. This registration gives you the right to be the owner or a shareholder of the company, depending entirely on your business's legal status. After registering your company, you must submit your application to the Dubai Immigration Department along with the following documents.
Anyone wishing to obtain an investor visa in Dubai must follow these procedures:
Submitting a company registration form to the Dubai Department of Economy (DED)
Your investor visa will take 15 to 20 business days to be fully processed. This accounts for the time it takes to set up your new company in Dubai, obtain a commercial license, apply for the visa, and get your investor visa stamped in your passport.
The alternative method for obtaining an investor visa in Dubai does not require setting up a new business. You simply need to provide documentation from the Dubai Municipality of your investments there.
If your request meets the eligibility requirements set by the UAE Government, Dubai will create your file at the Department of Economy. You will then be given a reference file number by the Department of Economy, based on which the Dubai Municipality will issue a NOC (No Objection Certificate). You must provide this NOC to the immigration service to apply for your Dubai investor visa.
However, you should remember that the government bodies determining your eligibility have the final say on whether to approve or deny your request.
Yes, a freelance visa allows you to work with multiple clients and take on various projects based on your expertise and availability.
A freelance visa gives you the freedom to choose your projects, clients, and working hours. It also provides tax advantages and the ability to build your brand and business independently.
Depending on the license type, freelancers may not need to have a physical office space and can opt for a flexi-desk arrangement or a virtual office.
While most professions are eligible, some regulated industries may require additional licenses or approvals from the relevant authorities.
It is crucial to renew your freelance visa before its expiration to ensure the smooth continuation of your freelance activities. Failure to do so could result in penalties or disruptions to your business.
Among overseas investors and businesspeople looking to conduct market research for their projects, the UAE, particularly Dubai, scores highly. This is a result of Dubai's growth-oriented strategy. The Dubai government is constantly updating and implementing laws and policies that support social and economic growth. As a result, the laws and regulations governing investor visas in Dubai benefit and encourage business owners and investors.