Many people ask about Partner Visa Dubai Cost because the partner visa in Dubai is the ideal gateway for foreign entrepreneurs and investors looking to immerse themselves in the city’s vibrant business landscape. This visa offers a fantastic opportunity to establish or expand business ventures in Dubai and beyond.

Key Topics Covered in This Article:

• What is a partner visa in Dubai?
• Requirements for obtaining a partner visa in Dubai
• Step-by-step application process for a partner visa
• How much Does Partner Visa Dubai Cost?
• Dubai and UAE partner visa rules
• Frequently asked questions about the partner visa in Dubai

What is a Partner Visa in Dubai? How much does Partner Visa Dubai Cost?

A partner visa is granted to foreign nationals who own a company, hold shares in an existing business, or are expatriates wishing to establish a business in the UAE. This residency visa fosters international collaboration and encourages foreign investment. Holders can live and work in the UAE legally and sponsor their family members. The visa is valid for three years and is renewable.

Foreign entrepreneurs can partner with a local Emirati sponsor, who must hold a majority share (51%) in the company. This partnership is crucial for the visa application and allows the foreign partner to work and reside legally in Dubai. The partner visa enables entrepreneurs to expand their businesses or launch new ventures, leveraging Dubai’s favorable economic climate, strategic location, and global connectivity.

Requirements for Obtaining a Partner Visa in Dubai & How Much Does Partner Visa Dubai Cost?

To obtain a partner visa in Dubai, you must fulfill specific requirements set by the Dubai government:

1. Partnership Agreement: A valid partnership agreement outlining the terms and conditions between the foreign national and the local Emirati sponsor.
2. Minimum Capital Investment: Foreign nationals must own shares or invest in a company in Dubai, with a minimum investment of AED 72,000.
3. Local Sponsorship: A local Emirati sponsor holding a 51% share in the company is required.
4. Business Licensing: The company must be legally registered in Dubai with a valid trade license.
5. Proof of Financial Capability: Evidence of financial capability through bank statements, financial records, or audited financial reports.
6. Valid Passport and Photographs: A passport with at least six months validity and recent passport-sized photographs.
7. Health Insurance: Mandatory health insurance coverage for all residents, including Partner Visa holders.

Step-by-Step Application Process for a Partner Visa & How Much Does Partner Visa Dubai Cost?

1. Partner with Dubai Business Service: Navigate the process confidently with business setup specialists.
2. Partnership Agreement: Prepare and attest the partnership agreement.
3. Company Formation: Register the new company and obtain the necessary trade license.
4. Prepare Required Documents: Gather all necessary documents, including passports, partnership agreements, trade licenses, financial documents, Emirates IDs, and health insurance certificates.
5. Submit the Application: Submit the completed partner visa application and required documents.
6. Pay Application Fees: Pay the partner visa fees as specified by the authorities.
7. Medical Examination: Undergo a medical examination at an approved center.
8. Approval and Visa Stamping: Once approved, the visa will be stamped on the passport.

How much does Partner Visa Dubai Cost?

The Partner Visa Dubai Cost ranges from AED 1,000 to AED 13,000, varying based on the type of investment or business. Visa fees and associated costs can change over time, so consulting professional business setup specialists like Trade License Zone for up-to-date information is advisable.

Dubai and UAE Partner Visa Rules & how much does Partner Visa Dubai Cost?

1. Local Sponsorship: A local Emirati sponsor holding a majority share (51%) is mandatory.
2. Company Formation: The business must be legally registered in Dubai with a valid trade license.
3. Share Capital Requirements: Compliance with share capital requirements based on business activity and industry.
4. Partnership Agreement: A valid partnership agreement is essential for the visa application.
5. Visa Duration and Renewal: Partner visas are valid for three years and can be renewed.
6. Business Activity Restrictions: Compliance with specific regulations and licensing requirements for certain business activities.
7. Legal Obligations: Adherence to local laws, timely submission of financial statements, and tax obligations.

Frequently Asked Questions about Partner Visa in Duba & How much does Partner Visa Dubai Cost?

• How to renew a partner visa?
  • Gather required documents, undergo a medical examination (if required), submit the renewal application, pay fees, and have your visa stamped.
• Can a partner work with this visa?
  • Yes, partners can legally work and engage in business activities within the company they are partnered with.
• How long will a partner visa take?
  • The application process takes 15 to 20 working days.

Simplifying the Complex Visa Application Process

Obtaining a partner visa in Dubai allows foreign entrepreneurs to establish or expand their business ventures. While the process is streamlined by UAE authorities, it remains complex. Partnering with a local Emirati sponsor, who holds a minimum of 51% of the business, is crucial. Dubai Business Service offers expert guidance and support, ensuring you successfully obtain a partner visa in Dubai and seize the city’s business growth and success opportunities.