Undoubtedly, one of the best modern business hubs in the world is the United Arab Emirates. What makes it one of the best countries for business is its excellent geographical location, high level of cultural diversity, low tax rates, and the ability to live a lavish lifestyle at affordable prices.
In terms of making a place Visa-friendly, all countries launch attractive visa deals to lure entrepreneurs. But out of all the places to do business, the UAE wins due to a variety of reasons. This has mostly been because of its visa service. The UAE has different types of visas; however, its investor visa is the most attractive.
We will discuss the importance and benefits of this investor visa in the UAE below in this blog.
What is an Investor Visa in the United Arab Emirates?
An investor visa is just like a residency visa availed by foreign nationals who invest in Dubai. This visa is the lifeline for investors or entrepreneurs looking to set up a business in the UAE. The Investor Visa in the UAE is granted to people who are looking to invest their money in real estate, SMEs, or other business sectors. It offers residential advantages, permitting foreign nationals to live, work, and spend a quality life in the country. Moreover, the investor visa holder can also take advantage of many financial and judicial benefits.
There are three types of investor visas in the UAE- one is for 2 years, one for 5 years, and one for 10 years. It is advisable that individuals establishing a business in the UAE can go for the 2-year investor visa option if they are the only stakeholder in the venture.
On the other hand, foreign nationals who own assets such as properties or have a business worth more than 2 million AED can apply for a 10-year long-term visa also known as a Golden Visa.
Documents Required for a Dubai Investor Visa
When applying for a Dubai investor visa, be sure to obtain these necessary documents:
- Passport
- Title Deed or E-Certificate of Title (evidence of property ownership)
- Personal photo
- Health Insurance
- Emirates ID (if already issued)
- Any active UAE visas (if any)
- Dubai Police's Certificate of Good Conduct
Benefits of the UAE Investor Visa
- Residential Benefits: The most highlighted advantage of having a UAE investor visa is to avail of long-term residency in the country. These benefits are subject to the amount of investments you make in the country. As mentioned above, there are 3 types of investor visas available and the maximum tenure lasts for up to 10 years. However, this can be renewed as per your business needs. You and your family may plan for a long-term stay in the UAE since this gives you and your family a stable and secure environment in every aspect.
- 100% Business Ownership: Just like the residential benefits, another major advantage of having an investor visa is that foreign nationals can own 100% of their business. This is a very lucrative deal for investors who don’t need any local sponsorship for their venture. Investors can keep total control over their operations, earnings, and business choices because of this ownership independence.
- Zero Income Tax: We all know that the UAE is known for its business and tax-friendly conditions, especially for foreign investors. There is no personal income tax for the investor visa holders. This makes the UAE an appealing location for big investors and company owners looking to earn tax-free income on their assets.
- Exposure to a Growing Economy: The United Arab Emirates has one of the most diversified economies in the world, driven by real estate, tourism, technology, and financing sectors. One can reap the advantages of a market’s significant growth potential with an Investor Visa. The location of the country acts like a bridge between Europe, Asia, and Africa, providing an apt location for international trade and business purposes.
- Opportunities for Investment: In the same context, the UAE investor visa unlocks a plethora of opportunities for those wanting to invest in various business sectors. From real estate and health service to tech and travel, the diverse country is a hub for multiple industries witnessing amazing growth. This diversity enables investors to diversify their investments and generate numerous streams of income.
The UAE Investor Visa is advantageous with long-term residency and complete ownership of a business, tax exemptions, and booming economic access. It will highly benefit both novice and experienced entrepreneurs who apply for the Investor Visa today for their families. With plenty of government effort to draw in foreign investments coupled with a stable & booming economy, it has never been the best moment to step in.
If you want to learn and understand the benefits of a UAE Investor Visa and capitalize on the increasing opportunities in this region, the time to apply is now. With Markai Corporate Services, get the best chance of securing a future in one of the most dynamic economies of the world.
