Investor residency in Dubai

The thriving economy and business-friendly atmosphere in the UAE make it a global hotspot for investment. Individuals worldwide seek opportunities or venture into business in the Emirates, where the Dubai Investor Visa or Partner Visa serves as a dedicated visa category for Investor Residency in the Emirates.

Prospective investors or business initiators on the mainland or in free zones can pursue this visa. It’s essential to note that the application process may differ based on the chosen emirate. This comprehensive article delves into the intricacies of the UAE investor visa, offering insights into the documentation process, application fees, and crucial details for a successful application.

What is an investor visa in the UAE?

Also known as the Dubai Partner Visa, this visa is ideal for foreign nationals looking to start a business in Dubai or invest in an existing one. They can also live and work in the UAE and take care of family members. The visa is valid for three years.

Do you want to obtain an investor visa in Dubai? As per Dubai investor visa rules, this visa is only given to people who purchase shares in an existing company for a minimum of AED 72,000 or establish a company with a capital investment of AED 72,000 for the same value.

Apply for the UAE investor visa

Those wishing to apply for an investor visa in Dubai must follow these steps:

  • Apply for an entry permit from the Immigration Department, a printing center, or a facilitation center.
  • Visit any government health center to take a medical fitness test. When completing the entry permit form, you will be asked to name a health center you would like to visit.
  • The Emirates ID application is entered. Send this application to a center affiliated with the Federal Authority for Identity and Citizenship and bring the original Emirates ID card (if available), photos of your family, and an Emirates ID request for your family members at the time of application. If you have not applied for an Emirates ID before, you will need to provide biometrics.
  • You must obtain health insurance as part of your visa application. Check out the different health insurance companies in Dubai to find out which one suits your needs.
  • To convert your visa status to an investor residence visa in the UAE, visit one of the centers in the city. You can find centers in Al Jafiliya, Al Twar, Dubai Festival City and Al Quoz.

Investor visas for 3 years, 5 years and 10 years in Dubai

The government introduced long-term visas for the UAE, including 10-year and 5-year visas for Dubai investors. They also recently reviewed the conditions for a 3-year investor visa in Dubai.

Visa eligibility is for 10 years

To obtain a 10-year investment visa, you must meet specific conditions, including general investments of at least AED 10 million. Interested parties can invest in the following areas:

  • Investment funds in the United Arab Emirates.
  • Establishing a company in the Emirates with a capital of 10 million dirhams.
  • Be a partner in a new or existing company with a value of at least AED 10 million.

Speaking about investment conditions, you should remember these rules:

  • Of the total investment, 60% must be in non-real estate sectors.
  • The amount invested must be a loan.
  • Financial solvency of up to 10 million dirhams.

Eligibility for a 5-year visa

To obtain a 5-year investor visa in Dubai, you must meet the following conditions:

  • The investor must purchase a property worth no less than AED 5 million.
  • This amount must not be obtained in the form of a loan.
  • A period of no less than three years to retain ownership rights.
  • The investor must invest in a freehold property.

Eligibility for a 3-year visa

You must meet the following requirements to qualify for a 3-year Dubai investor visa:

  • The investor must own a property worth no less than AED 750,000.
  • If the property is mortgaged, 50% of the total value must be paid to the bank in advance.
  • The investor must present a letter of no objection written in Arabic by the bank.
  • Property can be shared between spouses, but the investor must provide a marriage certificate.
  • The property must be residential and not commercial.
  • The investor can also apply through joint ownership, as long as his share amounts to AED 750,000 or more.

Read also: Open a bank account in the Emirates

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