How to Get Investor Visa in Dubai 2023
Getting an investor visa in Dubai can actually make the process easier for you to start your own business in Dubai, UAE.
If you are an entrepreneur and want your dream business to be here in Dubai or want to expand and set up your business in this tax-free country Dubai, then this article is indispensable for you.
Before letting you know about the process on how to get an investor visa in Dubai, we must tell you that this investor visa of Dubai comes with literally limitless benefits that are going to offer you free residency in Dubai.
Not only that but you are also going to get some tax exemptions and literally endless more benefits.
Steps to Register an Investor Visa in Dubai
There are absolutely infinite advantages for those who hold investors’ visas in Dubai.
So if you have a business or looking to start your own business and your business requirements are fulfilled in terms of getting an investor visa in Dubai then in any which ways you must not miss this delightful chance of applying for an investor visa in Dubai.
Here and we would like to mention some of the basic procedures one needs to follow in order to get an investor visa in Dubai:
- Submit an application for your visa!
- Submit a request to change status of your visa!
- Medical examination checkup fulfillment
- Emirates ID
- Getting your investors visa stamped
1. Submit an Application for your Visa
This is some basic information you need to know, understand and be aware of before applying for an investors visa in Dubai.
It will be better if you go to a local typing center along with your visa application so that the local typing center can actually type your details correctly in your visa application without making any mistakes or errors.
There should be no errors, no mistakes and no contradictions whatsoever in your visa application before submitting the application to the government department.
You must also know that if there is a partner in your business and you want to apply for a partner visa as well then you need to be informed that you can apply for a partner visa only if your partner holds a minimum of at least 25% share of your company.
You also need to make sure that when you go for an identity verification to any of the nearest verified typing facilities at that point of time you must take all the mandatory documents with you. All the documentation that is required you must have handy at that point of time.
Read: How to get a Virtual Company License in Dubai
If we talk about a partner visa application in that case you are going to receive an email from the immigration council only if they approve your request for the partner visa.
2. Completing the change Visa Status Request
Completing the UAE investors visa application and submitting the same is not enough. Thereafter you will have to complete the change status process which is very well required.
After that you need to just wait for the approval from GDRFA (General Directorate of Residency and Foreigners Affairs Dubai). Once you successfully get an approval from GDRFA, you need to simply wind up the process of changing visa status at a sanctioned typing center.
3. Medical Examination
You must submit to a mandatory medical examination as part of the requirements for obtaining an investment visa in the United Arab Emirates. You need to finish the medical typing before you can take the medical exam.
After that, you can schedule your medical examination at an approved facility on the day of your choosing. Your medical test results will be confirmed promptly, so you can relax.
4. Emirates ID
In order to travel freely within the United Arab Emirates, you must carry a valid Emirates ID at all times. As a result, you can change your emphasis from the medical typing and health check to the Emirates ID typing process after those are complete.
The Indian national investing in Dubai must carry a valid Emirates ID alongside any other valid licenses. Fingerprint authorization may be necessary depending on the type of application and common practices in the sector.
Read: Start a General Trading Company in Dubai (Step-by-Step Guide)
5. Have your Investor Visa stamped
After you’ve completed the aforementioned steps, you’ll need to get the proper UAE official to stamp your resident visa. To get their visas stamped, applicants must first show up at a designated place.
After submitting your application, the Immigration Department will notify you by SMS of your acceptance or denial. The airway bill number is also required by Zajel. You must take this action in order to obtain your original passport.
How Much Does an Investor Visa to Dubai Cost?
The visa applicant must make separate fees at each stage of the application process. The cost of a visa to enter the country ranges from AED 1,000 to AED 1,100. In addition, there is a cost of about AED 670 for making a modification. You’ll need to get your visa stamped in the end, as we discussed, and it will set you back another AED 900.
Your medical exam, Emirates ID, and other mandatory documents, such as an immigration card, will all add to the final price of your Dubai investor visa. Legal counsel or business experts from ReCorporate will assist you in obtaining an investor visa in Dubai at no additional cost.
Read: Top 13 Business Ideas in Dubai 2023
The Benefits of a UAE Investor Visa
Among the many benefits of holding an Investor / Business visa in Dubai are the following.
- Your status in the Emirates can be assured with a Dubai investor visa. If you need to extend your visa, you can also get in touch with the relevant governing council.
- Having the ability to sponsor immediate family members is yet another perk of holding an investment visa in the United Arab Emirates. You can protect your family members including parents, children, and spouse in this way.
- With this visa, you can hop between the several Emirates of the United Arab Emirates without any hassle. It also facilitates visa processes in other GCC countries.
- The golden visa application process is made easier for business owners by the investor visa. It’s the best resident visa in the UAE, offering permanent advantages in work and life.
What are the documents required to obtain an Investor Visa in Dubai?
You must submit the following papers and documents to the appropriate authorities for review:
- Copy of your passport
- Photograph (as per government guidelines)
- MoA (memorandum of association)
- Bank Statement (of past 6 months)
- Proof of accreditation attested by the concerned governing body
- Proof of patent
- A valid trading license
- Immigration establishment card and Emirates ID
Getting an Investor Visa in Dubai
In 2023, the procedures for acquiring a Dubai Investor visa will be spelt out in detail, and the requirements for all legal proceedings in Dubai will be carefully adjusted by the UAE government.
Investor Visa in Dubai – FAQs
Who is eligible for investor visa in UAE?
Anyone who starts a business in the UAE is eligible for an investor visa in the UAE. One can just start any business activity or a company and get a business license in the UAE, let it be a general trading license, e-commerce license, restaurant license or even a virtual company license. Once you get your company license, you are eligible for an investor visa as well as an Emirates ID.
What are the benefits of investor visa in the UAE?
The Dubai investor visa is going to get you a lot of benefits, possibilities and freedom in the UAE. If you hold an investor visa in the UAE, you are eligible to buy property in the country as well as you’ll be called as a resident of the UAE. You can work, live or even sponsor someone in your family to be here in the UAE.
How much is investor visa in Dubai?
The cost of an investor visa in Dubai is going to be around AED 2,000 approx. There’s a separate fee for each stage of an investor visa application which is like: Dubai entry permit ranges from AED 1,000 to AED 1,100. AED 670 for any modifications required to make. AED 900 for the stamp on your Investor Visa.
Therefore, you should definitely apply for an investor visa UAE if you are confident that your business model and investment strategy satisfy the requirements.
If you are planning to apply for an investor visa in 2023 in Dubai, then we must inform you that before applying for the same you must get in touch with one of ReCorporate’s business advisors and get a free business consultation with all the details you would need and documents you will have to provide.