Types of Investors Who Are Eligible for the Investor Visa Dubai
Different types of investors can apply for an Investor visa Dubai. These people include high net worth individuals, entrepreneurs, and investors. They also include people with special talents. However, the most common types of investors are individuals who own businesses in the UAE. In this blog, I am going to describe briefly each category for investment purposes. So, let us move on:
High-Net-Worth Individuals
The Investor visa category in Dubai allows high-net-worth individuals to reside in the Emirate. They can apply for short-term residence visas and long-term residence permits. For the former, applicants must fill out an application form and pay the government fees depending on the location where they invest. However, there are discounts for certain areas that are specifically designed for investments.
Generally, the applicant must hold shares worth at least AED 70,000 and deposit a refundable deposit of AED 10,000. This deposit will be returned to the applicant once the investor visa expires. In addition to the 3-year investor visa Dubai, the UAE offers tax advantages for foreign investors. These benefits include the ability to invest in various types of assets and earn income tax-free.
Entrepreneurs
The UAE has introduced a five-year Entrepreneur visa category to encourage the development of new businesses in the country. The Federal Authority issues this visa for Identity and Citizenship (FAIC). The visa is valid for five years and can be extended up to four times. Entrepreneurs who invest a minimum of Dh5 million can be eligible for the visa. They are also allowed to bring along their spouse, and children, and for a Dubai partner visa.
In order to apply for an Entrepreneur visa in the UAE, applicants must have a registered business in operation. They must also obtain insurance for the duration of their stay in the UAE. The UAE visa policy aims to promote a vibrant business environment in the country by attracting talents from all over the world. In addition to this, entrepreneurs must invest at least 10 million AED in the UAE. Entrepreneurs must also have a business plan and entrepreneurial experience. Additionally, they must meet FAIC requirements and be willing to undergo health and background checks.
Investors
There are certain criteria that must be met in order to qualify for an investor visa. One of these criteria is that an investor must have a project in operation with a minimum capital of Dh500,000, have approval from an accredited business incubator in the UAE, and have at least one employee. These requirements are the same as for the entrepreneur visa, which is valid for six months and can be renewed. In addition to the applicant, an investor can bring three additional executives to the country. To apply for investor visa Dubai, a foreign national must have a GPA of 3.75 or better or have completed a university degree in a country with a similar GPA.
The Dubai investor visa category is designed to help investors establish their own businesses in the country. This visa is only granted to foreign investors who own shares worth at least AED 72,000 and have a minimum share value of AED 72,000 in the company they are establishing. Depending on the country of origin of the company, an investor may be able to apply for a five to ten-year investor visa.
Special Talents
The Investor visa category of the UAE allows foreign nationals with special talents to live and work in the country. This visa is granted to those who are able to prove a patent that will add value to the UAE economy. This visa is also granted to people with outstanding skills and abilities, such as researchers and artists. Applicants must have a patent of some kind or have been accredited by the Emirates Scientists Council and the Ministry of Culture and Knowledge Development. The investment must also be beneficial to the economy of the UAE.
The UAE has introduced a residency program that targets outstanding students, researchers, scientists, and creative individuals in the arts and sciences. This residence visa can be renewable for a period of 10 years. In addition to the residency, this visa category allows a spouse and children to stay in the country as well. However, these applicants must have an employment contract in the UAE to qualify. Additionally, the Emirates Scientists Council, the Ministry of Culture and Knowledge Development, or the Dubai Economic Development Board must accredit scientists and creative individuals.
Property Investors
The minimum investment for a Dubai property visa is as follows:
AED 1 million is required for a 3-year investor visa Dubai, and an investment in real estate worth AED 5 million is required for a five-year residency visa.
Currently, the government charges around AED14000 for a three-year residency visa and about AED4000 for a five-year residency visa.