The favorable business climate that are found in one of world’s fastest-growing economies, which has been aided by decades of policies of a market-friendly government which have established Dubai as the premier business commercial, financial and financial central point for the entire region.
Popular with entrepreneurs, tourists and investors alike, Dubai is a diverse multi-cultural, exciting, and vibrant destination for business opportunities and an enjoyable life style.
Dubai is a place that encourages and supports foreign investment by implementing an exclusive investment-driven visa programme that allows residents to legally live in the UAE and allowing investors to secure a financial future for their families and their business.
The Dubai Investor Visa, also known as Dubai Partner visa is available to foreigners who wish to establish their own business or invest into an existing company in Dubai.
Dubai property owner can also eligible for Dubai property visa which is issued by Dubai Land Department.
A Dubai investor visa gives the applicant the right to live in the UAE and the right to visit to and leave as they please during the period granted by the visa. The holder of this Dubai Investor Visa will become a tax domicile for the UAE and is not tax-exempt by the country they are from but will be subject to country of residence rules. The holder of the Dubai Investor Visa is eligible to apply for the Emirates ID card, open an account with a bank, get an UAE licence for driving and many more essential services.
This Dubai Investor Visa also grants holders the ability for their children, spouses and parents for entry into the UAE.
Following are the options for getting Dubai Investor Visa:
- 3 years Dubai investor visa through Company
- 3 years investor visa through Dubai property
- 5 years investor visa through Dubai property
- Retirement visa in Dubai
3 years investor through company
It is available to those who choose to make an investment or begin an organization in the Dubai mainland or its numerous free zones. In the present, Dubai Economy offers more than 2100 kinds of business licenses that allow you to start your business on the mainland. Beginning a business on Dubai’s mainland usually requires the involvement of a partner with UAE citizenship, who will be the majority shareholder or an agent who is accountable for coordinating with government departments. But as per the new rule now foreign investor can setting up a mainland company under 100% ownership.
Investor can establish a free zone company and obtain 3 years investor visa with any Dubai free zones. International Free Zone Authority (IFZA), Dubai based free zone who is offering lowest package approx. AED 20,000/- for formation of company.
Also read : Setting up a business in Dubai
3 years investor visa through Dubai Property
The real estate investor who owns a property equal valued at AED 750,000 or more can apply for a 3 years residence visa at the time of purchase. This visa holder can sponsor their spouse and children.
Husband and wife can participate in one property and the value of the property should be AED 750,000/- or more (It means that husband will be the main sponsor and wife will be dependent). In that case, marriage certificate is required.
The estimated cost of obtaining 3 years investor visa shall be approx. AED 16,000/-.
5 years investor visa through Dubai Property
The real estate investor who owns a property equal valued at AED 2,000,000 or more can apply for a 5 years residence visa. This visa holder can sponsor their spouse and children. This visa is also know as golden visa UAE.
In case the property is mortgaged, at least AED 2,000,000/- should be paid to the bank (NOC letter in Arabic language with mortgage bank statement is required).
Husband and wife can participate in one property and the value of the property should be AED 2,000,000/- or more (It means that husband will be the main sponsor and wife will be dependent). In that case, marriage certificate is required.
The estimated cost of obtaining 5 years investor visa shall be approx. AED 6,000/- to 10,000/-.
Retirement visa in Dubai
New “Retirement visa” in Dubai scheme was launched by Dubai Tourism and General Directorate of Residency and Foreigners Affairs (GDRFA) where any UAE resident or foreign national whose age is 55 years or above can apply for a 5 years retirement visa in Dubai. The applicant must meet one of the following financial criteria for the application of retirement visa in Dubai:
| Option 1 | A sustainable income of at least AED 180,000/- (approx. US$ 49,000/-) a year or AED 15,000/- (approx. US$ 4,100/-) a month |
| Option 2 | AED 1,000,000/- (approx. US$ 275,000/-) savings in a 3-year fixed deposit |
| Option 3 | AED 1,000,000/- (approx. US$ 275,000/-) unmortgaged property or mortgaged property, for which the payment to date is at least AED 1,000,000/- (approx. US$ 275,000/-) |
| Option 4 | A combination of Options 2 and 3 and total value of the both should be at least AED 1,000,000/- (approx. US$ 275,000/-). AED 500,000/- (approx. US$ 137,500/-) in a 3-year fixed deposit and property worth AED 500,000/- (approx. US$ 137,500/-) |
The estimated cost of obtaining 5 years retirement visa in Dubai shall be approx. AED 10,000/-.
We, The Prefect Advisors DMCC assist you in getting Dubai investor visa. For more information, please contact us.
