Dubai stands out as one of the most sought-after destinations globally for its unparalleled living standards. With its strategic location and booming economy, it’s no wonder top businessmen worldwide seek investment opportunities here. One way to enjoy all that Dubai offers is by obtaining an investment visa. This comprehensive guide will provide you with all the details you need to know about investing in Dubai to relish a matchless stay.
An investment visa, also known as a partner visa, is a type of visa designed for individuals who wish to establish or invest in a business in Dubai’s mainland or one of its free zones. There are several ways to obtain this visa, each catering to different types of investments.
Yes, the process and regulations for obtaining an investment visa can vary between the different emirates in the UAE. This guide will focus on the specifics for Dubai.
1. Investing in a Property
Investing in a property is one of the most popular ways to obtain an investment visa in Dubai. Here are the key requirements:
- The property must be worth at least AED 1 million, with no more than 50% of the value under mortgage.
- If purchased in partnership, each individual's share must be at least AED 1 million.
- The property must be residential, not commercial.
- It must be a freehold property, not off-plan.
2. Investing in a Company
This option is for those looking to start or invest in a business in Dubai’s mainland or free zones. Known as Dubai’s 3-year investor visa, the requirements include:
- A minimum capital of AED 72,000 to start a company or invest in an existing one.
- No need for local partners if the business is in a free zone, along with tax exemptions and full business ownership.
3. Applying for a Retirement Visa
For investors over 55, the retirement visa offers a unique opportunity:
- Invest in a residential property with a minimum value of AED 2 million.
4. Applying for a Golden Visa
The Golden Visa is available in 5-year and 10-year options for significant investors:
- A 10-year visa requires a minimum investment of AED 10 million in a business or property.
- A 5-year visa is available for property investments worth at least AED 5 million.
- Additional requirements include maintaining the investment for three years and ensuring it is not funded through loans.
The validity of an investment visa in Dubai depends on the type of investment:
- Property investment: 3 to 5 years
- Company investment: 3 years
- Golden Visa: 5 to 10 years
- Retirement visa: 5 years (renewable)
Depending on the type of investment, the required documents may vary. Here are some general requirements:
Through Investment in a Company
- Copy of your passport
- Personal photograph with a white background
- Trade license
- Bank statement for the last 3 months
- Partnership contract with a local sponsor
- Immigration Establishment Card
- Memorandum of Association
Through Property/Golden Visa
- Title deed for the property
- Copy of the passport
- Copy of current visa status
- Six passport photos
- Good conduct certificate
- Bank statement
- Health insurance
- Utility bill
Retirement Visa
- Current UAE visa
- Emirates ID
- Marriage certificate (if sponsoring spouse)
- Copy of passport
- Title deed
Holding an investment visa in Dubai offers numerous benefits:
- Stable residency in the UAE
- Freedom to travel outside the UAE
- Tax advantages
- Ability to apply for an Emirates ID and driving license
- Option to open a personal bank account
- Ability to sponsor family members
- Access to local phone services
The application process is straightforward and can vary based on the type of investment:
Through Property/Golden Visa
- Visit the Dubai Land Department (DLD) with your documents.
- Request a reference letter for the Dubai police.
- Obtain a certificate of good conduct from the Dubai police.
- Acquire a trade license from the Dubai Economic Department (DED).
- Submit your documents to the General Directorate of Residency and Foreigners Affairs (GDRFA).
Investing in a Company
- Visit any Amer Center in Dubai with your documents to apply.
Retirement Visa
- Email [email protected] with your application and documents.
- Pay a non-refundable fee of USD 25 (AED 92 approximately).
- Real estate investment: approximately AED 13,000
- Company investment: around AED 1,035
- 5-year Golden Visa: AED 650
- 10-year Golden Visa: AED 1,250
Additional costs include:
- Visa stamping: approximately AED 870
- Medical tests: AED 350
- Entry permit: AED 1,175 (inside UAE), AED 525 (outside UAE)
- Status change: AED 675 (for those already in the UAE)
- Emirates ID: AED 500
Investing in Dubai offers a pathway to enjoying its luxurious lifestyle and thriving economy. Whether through property, business or retirement, an investment visa provides a gateway to making Dubai your home.
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TRPE Real Estate is a company registered in Dubai, United Arab Emirates (License No. 999314) located at Office No 1001, Ascott Park Place, Sheikh Zayed Road, Dubai. We are regulated by the Real Estate Regulatory Agency (RERA) under office number 28357.
