These days, investing is a popular way to get a visa for the United Arab Emirates. You would need to apply for a UAE investor visa in such circumstances. Because it lets you live in any emirate for ten years if you match the qualifications, it’s regarded as a very alluring alternative.
An excellent option for long-term residency for candidates seeking a location to invest a sizeable sum of money is the UAE investor visa.
This is essentially a new immigration opportunity for affluent or highly skilled foreign nationals. Important to note is that you can enter the UAE without a sponsor if you meet the requirements.
In conclusion, if you are trying to decide where to put a sizable amount of money and you are unsure of the UAE, this is the place to invest. If so, you will have several advantages, chief among them being the opportunity to establish a life in this magnificent nation.
Types Of UAE Investor Visas
In total there are 3 types of investor visas in UAE, that are:
- Silver Visa: You will have to make an investment of at least AED 1 million in an investment or property to be eligible for a silver visa.
- 10 Years Long-Term Residency Visa: You will have to make an investment of AED 10 million in the public sector, if you want to stay longer.
- 5 Years Long-Term Residency Visa: Here, you will have to invest in any property within UAE for a visa of duration 5 years.
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Requirements To Apply For A UAE Investor Visa
Generally speaking, you’ll require supporting documentation while applying for an investment visa. Furthermore, you must produce specific documents that serve as proof of identity.
- Photocopy of your valid and valid passport.
- Passport-size photographs of the applicant.
- Recent bank statement for the last 6 months.
- Companies trade license photocopy to invest.
- If applicable, photocopy of the partnership contract.
- In case of having partners, submit the identification of each of them.
- Photocopy of the memorandum of association in case of investment in LLC.
- Proof of patent.
These are firstly the documents needed to get a permit to visit the UAE lawfully. When you enter UAE territory, you must have the following documentation:
- Entry permit
- Medical examination.
- Photo.
- passport.
- Immigration settlement card
- Documents that specifies the purpose of your visit.
Although this is a quite long list, as you can see, these are widely available and often used documents.
ALSO READ: New UAE Visa Amnesty Scheme: Everything You Need To Know
Guide For Getting The UAE Investor Visa
Usually, individuals who want a visa in the UAE need to have sponsorship from someone in the country. Such as an employer for a worker or a school for a student. But, when it comes to investor visa or a silver visa, you do not have a requirement of a sponsor.
- In the case of an investor visa in the UAE, the registered company will be your sponsor.
- If you want a property visa, the property you purchase or invest in will be your sponsor.
Now that you have this information, it’s time to begin the process of applying for a UAE investor visa. In order to do this, you must do the following steps:
- Entry permission: Getting an entry permit is the first requirement when entering the United Arab Emirates. This six-month permit allows for numerous admissions.
- Make an investor visa application: You must go to the emirate’s General Directorate of Residency and Foreign Affairs (GDRFA) as soon as you arrive in the nation if you wish to live there. Crucially, in order to demonstrate your high level of medical fitness, you must pass a medical examination.