Many entrepreneurs and individuals are drawn to Dubai because it is a city where dreams come true. Well, Dubai isn’t simply called a city where dreams come true. It is called so for a reason, as it is a place that is a growing center of innovation and investment, and the UAE government is constantly working to create the right environment to attract investment and corporate presence here.
If you dream of establishing your business in Dubai, then you should be aware of the Partner Visa Dubai, also known as the Investor Visa, if you’re one of the numerous foreign citizens thinking about relocating to the United Arab Emirates.
This in-depth blog by one of the best business setup consultants in Dubai, Infolinks, will walk you through all the steps involved in obtaining this priceless residency permit and all the benefits it has to offer. This blog will cover all you need to know, from identifying Investor and Partner Visas to comprehending the requirements and application process. Explore how the Partner Visa can help you and your family live comfortably and tax-free in Dubai by reading till the end.
Do read our guide on the new visa rules for the UAE and everything related to them.
Let us first grasp what an Investor/ Partner Visa is.
In layman’s terms, a partner visa is a specific sort of residency permit created especially for foreign citizens who want to establish their business, startup, or professional practice and are set on creating or investing in an established firm in Dubai. It is known as an investor visa, but sometimes it is also known as a partner visa in Dubai. In addition to work permits, a partner visa gives the visa holder the ability to sponsor their family members as well. A partner visa paves the way for people to live and work in Dubai seamlessly. A minimum investment of AED 10 million in shares of an existing company is required to qualify for an investor visa. You can hire reputed business setup consultants in Dubai, such as Infolinks Business Administrative Services, to speed up your visa process and smooth the investment process as well.
Don’t forget to read our guide on why to hire Infolinks to set up your business in Dubai.
Now let us take a look at the steps to secure a partner visa in Dubai:
Setting up a new Company in Dubai
When you set up a new company in Dubai, you become eligible to apply for a partner visa. You must submit government-specified paperwork when forming a mainland firm, including a typed application copy, a passport copy, an Immigration Establishment Card, Memorandum Papers (MOA), and a six-month bank statement. Although it is very easy to do the business setup in the UAE, given the friendly laws, your process will get much easier when you hire one of the best business setup companies in Dubai for the entire process.
You can also apply for a partner visa with the free trade zone serving as your sponsor if you’re thinking about starting a free trade zone business. Know that the application procedure and related fees will vary depending on the particular free zone, the nature of your company, and other elements. That is why it is always better to go with a professional business setup consultant rather than risk your application process. Read our guide on how to start your dream business in the Emirates for detailed information.
The Application Process
An online entry visa application will be the first stage of a multi-phase application process for your journey. The actual visa application is then made at the General Directorate of Residency and Foreign Affairs (GDRFA). Once you get a letter from your bank stating that it has no objections to your visa process, a bank statement, and a certificate from the Dubai Police stating that you have been on good behavior, you can then proceed to the next step of your application. Additionally, you will also require health insurance for your visa application process to go smoothly. Experienced business setup consultants in Dubai know about all these steps, and they help you save valuable time.
Application Process Time
The length of the application process is determined by the type of company you will be investing in as an investor and by the particular zone you opt into. Your visa application process should usually be finished in a few weeks once the necessary paperwork has been filed and all the required costs and fees have been paid. One important thing that can ensure fast and quick processing for your visa is that no queries arise during the process. Hiring business setup consultants in Dubai is a must.
It’s important to note that the UAE government gives eligible investors 5- and 10-year investment visas in Dubai. You must fulfill specific requirements, such as making investments of at least AED 10 million in places like UAE-based investment funds or creating a company in the UAE with a capital of AED 10 million, to be eligible for a 10-year Investment Visa. You must meet requirements, such as buying and keeping property with a minimum worth of AED 2 million, to qualify for a 5-year investor visa.
You can also read our guide to the Golden Visa for Dubai. This guide has additional insights on the golden visa application process that will help you obtain any type of visa quickly.
Concluding Lines
To be eligible to get an investor visa in Dubai, you either need to set up a business there or invest in any of the existing businesses in the country. With the support and guidance of a proper business setup consultant, by making the right investment and submitting the required documents, you can be eligible to obtain a partner visa for the UAE.
Get in touch with Team Infolinks for more information.
