If you are planning to start a company and want to know how to get an investor visa in Dubai or anywhere across the UAE, here is all you need to know!
An investor visa in the UAE is like a permit to stay, work and conduct business activities in the region. An investor visa or partner visa is perfect for foreign nationals who want to start their own business, buy a business or capitalise over an existing business. Investor visa in the UAE is also referred as partner visa. A partner or investor visa in the UAE is issued by the Ministry of UAE for a duration of 3 years.
To apply for investor visa in UAE, we need the following documents:
The Immigration Department in the UAE takes hold of these documents to process the visa. Meanwhile, a pink slip is generated that provides with a temporary authorisation for residency.
Currently, to get an UAE investor visa for an individual staying within the country costs AED 1,200. Whereas if the individual is outside the country the investor visa costs AED 450. This cost changes with time and also may vary for certain business activities. It is best to consult an expert and get the right costs. Book a free consultation here https://www.dubaibusinessservices.com/contact-us/
The medical procedures for an investor visa in the UAE must be done in a timeframe allotted by the immigration department. A routine medical check-up is conducted that includes a blood test, X-ray, fingerprints and eye scan.
The typed medical application, typed visa application, copies of passport and two photographs are the documents required for medical procedure.
After collaborating the documents, it is submitted to the Tasheel Center. Other necessary papers are also submitted depending on the business activity and license type. Such the company agreement, the bank guarantee documents, immigration fees, quota approval fees, labour card fees, etc.
To transfer a visit visa or an employee visa to an investor visa in the UAE you have to cancel the old visa. Once the old visa is cancelled, apply for the new investor visa by submitting the license copy, establishment card copy, and memorandum of agreement. Also, colour passport copy, photo with white background and 6-month bank statement is needed. The visit visa copy or cancellation of visa from previous company must also be submitted
An investor visa can be renewed if the validity of the investor visa is less than 6 months. To renew an investor’s visa the following documents must be submitted:
Currently, it costs AED 900 to renew an investor visa in the UAE. However, this can change with time and vary depending on the license type. Consult an expert to know the definite cost of renewing an investor visa.
Investor visa cannot be applied if the applicant’s passport has less than 3 months of validity. In order to apply for an investor visa, the passport should be valid for at least more than 6 months.
No, an investor visa cannot be cancelled if the individual has been outside the UAE for over 6 months. In order to cancel an investor visa, the individual must be outside the country for over 12 months.
Do you have more requires? Talk to an expert from DBS Business Setup.
We do not only help you with company registration in the UAE, but also ensure that your visa and immigration requirements are met thoroughly.
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