How to obtain investor residency in Dubai
The investor's residency in Dubai represents an essential part of the emirate's strategy to promote economic development and make it a global business center, as Dubai provides advanced infrastructure and a favorable business environment, while offering a range of economic incentives to investors and investors in Dubai have the opportunity to benefit from open investment laws, structured government regulations, and logistical support that streamline business operations and enhance success in the local and regional market.
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Procedures required to obtain investor residency in Dubai
Obtaining an entry visa: This includes obtaining a short visit visa or an investment visa for a longer period, while adhering to the specific requirements and procedures for each type of visa.
Establishing a company or owning a share in an existing company: The investor must choose the appropriate type of company, adhere to the procedures required for registration and establishment, and achieve the required capital.
Obtaining a business license: The investor is required to obtain a business license to practice commercial activities, along with submitting the required documents and adhering to the specified requirements.
Compliance with laws and regulations: The investor must comply with local laws and regulations in the Emirates, and adhere to the required tax and financial reports.
Obtaining investor residency: After completing the previous procedures, the investor can apply for investor residency in the Emirates, submitting the required documents and adhering to the specific requirements for obtaining residency.
Read also:How to obtain work residency in the Emirates
Conditions for obtaining investor residency in Dubai
Obtaining an entry visa: The investor needs to provide proof of financial investment in the country. This could be by opening a company, purchasing a property, or other recognized investments.
Economic activity: The investor must have an economic activity in the country, whether through his own company or through investments in local companies.
Necessary documents: A set of documents must be submitted, such as a passport, financial certificates, investment contracts, and other required documents.
Health and Security: Some emirates may require a medical examination and the submission of a valid certificate of criminal record as part of the residency process.
Application and fees: The investor must submit an official application to obtain residency, and pay the fees required to prepare and process the application.
Types of investor residency in Dubai
In the UAE, foreign investors can benefit from a variety of visa and residency types that suit their needs and types of investments and among these types:
Investment Visa: Granted to individuals who invest specific amounts of money in the UAE, and requires the presence of a local company or real estate investment.
Golden Investor Visa: It offers investors an opportunity to obtain permanent residency in the UAE in exchange for investing specific amounts of money in the country, whether through investing in real estate, liquid capital, or stocks.
Free Zone Investor Visa: It is granted to investors who wish to invest in the various free zones in the Emirates, allowing them to work and reside within these zones.
National Company Visa: Allows investors to open and work in a company in the UAE, with the possibility of residency in the country.
The terms and requirements for each type of visa and residency differ, and are submitted and processed through the relevant government agencies in the Emirates, as it is advisable to check the current conditions and guidance from the relevant authorities before applying for any type of these residencies.
Read also:How to obtain free residency in the Emirates
The cost of obtaining investor residency in Dubai
Residence fees for investors in Dubai vary based on the type of residency, its validity period, and the emirate that issues it, and these fees change between periods according to applicable local policies and regulations and fees related to an investor’s residency in Dubai can include the following elements:
Residency application fee: This fee is charged when submitting an application for investor residency.
Residency Processing Fee: This fee is charged to process and issue the residency application.
Health fees: Some emirates may require medical examinations for investors, which involves additional fees.
Insurance fees: Some emirates may require investors to purchase health insurance, which involves additional costs.
Annual residency fee: This fee is charged when the investor’s residency is renewed each year.
It is advisable to check the current fees and precise details of residency with the relevant government agencies in Dubai before applying for investor residency in Dubai, as fees can vary according to individual circumstances and current legal changes.
What are the advantages of obtaining investor residency in Dubai?
Freedom of investment: The investor’s residence in Dubai allows complete freedom to invest in various economic sectors, whether commercial, real estate, or others.
Multiple-entry visa: Investor residency in Dubai provides a multiple-entry visa, which facilitates travel to and from Dubai easily without the need to obtain additional visas.
Residency for family members: The investor can obtain residency for his family members, including spouse and children under the age of 18, making Dubai an ideal place to live and invest.
Flexible business environment: Dubai provides a flexible and advanced business environment that facilitates the establishment and management of companies, while not imposing taxes on personal income and profit from investments.
Advanced infrastructure: Dubai provides modern and advanced infrastructure, which facilitates the work of investors and helps them implement their projects efficiently.
Global Culture: Dubai is a multicultural and multinational city, providing a diverse and open cultural environment that attracts investors from all over the world.
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