Many people want to start new projects are searching for information on how to be Residence of an investor in Dubai. Dubai has become a destination for those seeking an ideal life in all aspects, so Tasyeir company offers all the services and procedures for investment, including a number of facilities that have helped it become a leader in a short period of time. Therefore, many people are flocking to reside in Dubai for as long as possible.
Residence of an investor in Dubai
Now, don’t necessary for any foreign person to rely on a citizen of the UAE to sponsor their residency, as it was previously required. This caused many disruptions and business interruptions.
However, now foreign investors can obtain a visa from officials in the Emirate of Dubai. They can establish any project and also enjoy living in the UAE and many of the privileges of citizens.
Tasyeir provides all the necessary facilities to establish an investor residency or open a bank account in Dubai.
However, at that time, they are accountable according to the UAE’s tax system, not their home country’s tax system.
Visa holders can also sponsor any member of their family, whether it is their spouse, children, or parents, to enter the UAE.
Required documents for obtaining an investor residency visa
All you need to do is provide these documents to Tasyeir company and then become a foreign investor eligible to obtain the residency visa for Residence of an investor in Dubai:
- A copy of the applicant’s passport.
- A personal photo of the applicant with a white background.
- Copy of the establishment card.
- An original and a copy of the memorandum of association or service agent, depending on the activity practiced.
- The company’s bank statement if more than a year passed since the license issued.
- The trade license.
- A contract showing the names of the partners.
Types of Investor Visas in Dubai
Visa Residence of an investor in Dubai can be obtained based on several requirements, and therefore there are four types to match each case, as follows:
● Company Investment Visa
This type of visa called the Green Visa.
Whoever obtains it can reside in Dubai for up to 5 years on the condition, that they invest in a company inside the UAE with a value of no less than AED 72,000.
Alternatively, they can establish a business of the same value.
This type of visa is one of the new types launce recently to eliminate the requirement of having a sponsor from Emirati citizens.
It is now possible for foreigners to own a company fully, especially if it is in any of the free zones available in the emirate of Dubai, which offer many advantages, most notably tax exemption.
● Real Estate Investment Visa
If the foreign investor owns shares in a residential property worth AED 1 million or more, they can obtain visa Residence of an investor in Dubai that lasts up to 3 years, renewable, but the foreign investor should not stay outside the country for more than six months.
● Retirement Visa
This type of residency visa granted to businessmen who have exceeded the age of 55.
Businessmen want to retire and enjoy Dubai’s wonderful benefits.
The duration of this visa is 5 years, but the investor must have savings of no less than AED 1 million, or be invested in a residential property worth AED 2 million, or have a monthly income of AED 20,000 or more.
● Long-term Visa
The duration of Residence of an investor in Dubai granted for this type of visa, which has been recently issued, has been set between 5 and 10 years, depending on several important criteria.
The investor obtains the visa that grants residency for ten years if they own a company with a capital of not less than AED 10 million, or if they are a partner in a company with shares of not less than AED 10 million as well.
As for the five-year visa, it is granted to investors who own AED 5 million in investment assets.
While the visa that grants residency for two years is for entrepreneurs who invest AED 500,000 or more.
Owners of exceptional talents in various fields can obtain a long-term visa in Dubai after approval from the General Directorate of Residency and Foreigners Affairs.
Conditions for Residence of an investor in Dubai
The United Arab Emirates provides an opportunity for investors who wish to invest in Dubai and other emirates to obtain residency.
The UAE offers many opportunities for investors and strives to attract them to invest in the emirate.
Investors who wish to obtain investor residency in Dubai must comply with several conditions and requirements, including:
1- Obtaining an investor visa:
Investors must obtain an investor visa from the Dubai Immigration and Passports Department by, submitting the required documents and paying the specified fees.
2- Investing in the emirate:
Investors must invest in Dubai, specifically by purchasing a property or opening a company.
3- Health requirements:
Investors must undergo the necessary medical examinations and obtain a health certificate that proves the absence of infectious diseases.
4- Obtaining a residency permit:
After obtaining Visa Residence of an investor in Dubai, investors must obtain a residency permit from the Dubai Immigration and Passports Department.
5- Compliance with other requirements:
Investors must comply with other requirements necessary to obtain investor residency in Dubai, such as submitting the required documents and paying the specified fees.
Investors can obtain investor residency in Dubai for a renewable period of three years.
Features of getting residency in Dubai:
There are many benefits that come with obtaining visa Residence of an investor in Dubai, including:
The ability to open a personal bank account at any time.
Access to a variety of financial facilities under the residency visa.
Greater opportunities for employment and investment.
Enjoyment of many government services, including healthcare and other facilities.
The possibility of obtaining a driving license.
Enrolling children in any of the schools, whether public or private.
Tasyeir is only and most optimal option
Obtaining an investor residency in Dubai is no longer a difficult matter with the presence of Tasyeir. It helps facilitate all necessary services for Residence of an investor in Dubai, which everyone desires to own, in order to enjoy various opportunities and advantages that benefit foreign investors. However, several conditions must be met and several required documents must be submitted in order to obtain the visa in its various types, whether for a long or short period of time.
