Country: United Arab Emirates (UAE)

Region: Middle East

Minimum Investment: AED 1,000,000 (EUR 250,000)

Additional fees from: AED 1,100 (EUR 280)

Investment type: Real estate

Program type: Residency

The United Arab Emirates, especially Dubai, have become an attractive destination for expatriates. Its international community, vibrant nightlife, warm climate, booming economy and low-tax environment offer ideal living conditions. Thanks to the new residency-by-investment program, you and your family can easily receive a residence permit. The process is extremely fast, taking just 1 week or 1 month depending on the type of permit.

The most important requirement to qualify for residency is that the property you buy needs to be residential and habitable. That is, real estate projects yet to be completed are not eligible, and neither are commercial properties. This visa type lets you enter and re-enter the UAE an unlimited number of times for their entire duration.The UAE offers an investor visa for foreign nationals who are interested in investing in a business in the country. Here are some of the key details about the investment visa:

 Minimum investment& Higlights:

The minimum investment required to qualify for the investor visa varies depending on the emirate and the type of business. To obtain residency by investment, you have to purchase a habitable residential property for a minimum of AED 1 million (cca. EUR 250,000).

Additional costs include a visa fee of AED 1,100 (EUR 280) for visa, as well as a clerical fee of AED 400 (EUR 100) and an annual property license fee of AED 2000 (EUR 500) for the two-year visa. You can include your spouse, as well as dependent children in your application without the need for increasing the investment.

Please note that the fees quoted here apply to single applicants, and additional costs may apply for your family members. Contact Alex Global Consultancy for an exact quote tailored to your situation.

Business ownership: To qualify for the investor visa, you must own at least 51% of the business in the UAE.

Business plan: You’ll need to provide a detailed business plan outlining your investment, including financial projections and expected job creation.

Financial stability: You’ll need to provide proof of financial stability, such as bank statements, to show that you have the funds to invest in the business.

No criminal record: You’ll need to provide a police clearance certificate to show that you have no criminal record. You’ll need to have a valid passport with at least six months’ validity.

Application process: The application process for the investor visa involves several steps, including obtaining initial approval from the relevant authority, obtaining a trade license, and obtaining a residency visa.

Residency requirements: Once you obtain the residency visa by investment, you’ll need to spend a certain amount of time in the UAE each year to maintain your residency status.

It’s important to note that the application process for the investor visa can be complex and may vary depending on the emirate. It’s recommended that you consult with a qualified immigration consultant like ALEX GLOBAL Consultancy to guide you through the process. Contact Us Now!!