How can I apply for an investor visa in Dubai?
Are you an investor looking to invest in the UAE? With a host of options offered through the UAE’s visa schemes, you can apply for the right visa and become a long-term resident in the UAE.
Want to find out how? Check out this article below.
Investors and entrepreneurs can apply for a residence visa in the UAE through the following:
Dubai Investor or Partner Visa:
According to Invest in Dubai, the following options are available to investors looking to apply for residency in the UAE through the Dubai Investor Visa:
Investment through a residential property: Individuals who have invested in residential property worth AED 1 million or more can be eligible to apply for a Dubai Investor Visa. The main criteria for this type of visa are that a maximum of 50% of the property value should be under a mortgage and that the investment must be made in a single residential property, not commercial property. Moreover, it is important to note that this visa is applicable to freehold residential properties; off-plan property owners will not be able to apply for the Investor Visa.
In the case where a property is jointly owned, investors can still be eligible to apply for the Dubai Investor visa provided each individual’s share is worth at least AED 1 million. The total validity of the visa can range between three and five years and can be valid for as long as the investor owns property in the UAE.
Investment in a company: Investors who have invested in or have started a business in Dubai’s mainland or Free Zone can also be eligible to apply for the Investor Visa. The minimum capital requirement as an investor in a company would be buying shares in an existing company worth at least AED 72,000 or establishing a company with a capital investment worth the same amount.
In the latest amendments to the UAE visa scheme, there were various benefits announced for the Golden Visa scheme that will come into effect from September 2022. Investors and entrepreneurs who meet the criteria set by the UAE government can also be eligible for the 10-year residency permit: the Golden Visa.
Some of the updates announced for the Golden Visa include but are not limited to:
Eligibility requirements for a Golden Visa
Investing in real estate:
You can also choose to retire in Dubai as an investor with Dubai’s Retirement Visa. Launched by Dubai’s GDRFA (General Directorate of Residency and Foreign Affairs), you can be eligible to apply for this 5-year retirement visa if you meet the following eligibility criteria.
Grow your business in Dubai with Ascent Partners
With over 70 years of collective industry experience, Ascent Partners provides bespoke business setup services to help individuals looking to invest or set up their next venture in Dubai. We work alongside you to strategise and startup while enabling you to have the freedom to scale your business as you want.
Get in touch with us today at email@example.com or at 04 422 7339 to know more.