The UAE Business Visas are designed to facilitate business operations and encourage entrepreneurship in the UAE, offering multiple opportunities for foreign nationals to start, expand, or relocate their businesses. These visas provide short-term and long-term residency options for business owners, investors, and entrepreneurs.
Key Features
- Designed for foreign business owners, entrepreneurs, and investors.
- Options for both short-term and long-term residency.
- No requirement for a local sponsor in some visa categories.
- Ability to sponsor family members under certain visa types.
Overview of Streams
- Purpose: For entrepreneurs with successful business ventures and start-ups.
- Eligibility: Must own a business or be part of a business with significant capital investment; must demonstrate previous entrepreneurial experience.
- Duration: 5 years, renewable.
- Others: Option to sponsor spouse, children, and business partners.
- Purpose: For individuals investing in a new or existing business in the UAE.
- Eligibility: Must invest in or own shares in a UAE-based company with a minimum capital of AED 72,000.
- Duration: 3 years, renewable.
- Others: Can sponsor immediate family members.
- Purpose: For investors and entrepreneurs setting up a business in one of the UAE’s Free Zones.
- Eligibility: Must register a business within a UAE Free Zone and meet the capital requirements set by the specific Free Zone authority.
- Duration: 1-3 years, depending on Free Zone policies.
- Others: Ability to sponsor employees and family members.
- Purpose: For individuals investing in real estate but also engaging in business activities.
- Eligibility: Investment of at least AED 1 million in a property; additional proof of business engagement is required.
- Duration: 3-5 years, renewable.
- Others: Sponsor family members and manage business-related activities.
General Eligibility Criteria
- Proof of business ownership or investment.
- Valid passport with at least 6 months’ validity.
- Health insurance.
- Clear criminal record.
- Proof of business plan or investment (for specific visa types).
Required Documents
- Completed visa application form.
- Passport copies.
- Business license or registration documents.
- Proof of investment (financial statements, capital proof).
- Passport-sized photos.
- Bank statements for the last 3-6 months.
- Health insurance coverage.
Application Process
- Choose Visa Type: Select the appropriate business visa stream (Golden Visa, Investor Visa, Free Zone Visa).
- Prepare Documentation: Gather all necessary documents, including business registration and proof of investment.
- Submit Application: Apply online through the UAE government’s portal or submit the application via the Free Zone authority (if applicable).
- Pay Fees: Pay the relevant visa fees for processing.
- Await Approval: Visa approval times vary; confirmation will be sent by email.
Costs (Approximate)
| Visa Type | Application Fee (AED) |
|---|---|
| Business Visa (Golden Visa) | 4,000 – 5,500 |
| Investor Visa (Partner Visa) | 2,000 – 4,500 |
| Free Zone Visa | 3,000 – 5,000 |
| Real Estate Investor Visa | 1,500 – 3,000 |
Visa Processing Time (Approximate)
| Visa Type | Processing Time |
|---|---|
| Business Visa (Golden Visa) | 2-3 months |
| Investor Visa (Partner Visa) | 3-6 weeks |
| Free Zone Visa | 1-2 months |
| Real Estate Investor Visa | 3-6 weeks |
Key Points to Remember
- The Free Zone Visa allows for 100% ownership of a business without a local sponsor.
- The Business Visa under the Golden Visa Scheme is ideal for experienced entrepreneurs with a proven track record.
- Family sponsorship is available under most business visa types, making it easier for families to relocate to the UAE.
Conclusion
The UAE Business Visas are highly attractive for global investors and entrepreneurs looking to enter or expand in the UAE market. With multiple visa streams catering to different investment needs, the UAE provides a robust and business-friendly environment, ensuring long-term residency and a gateway to the Middle East’s booming economy.
Why Choose Globalvisanet?
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Explore the World with Globalvisanet:
- Visit Visa: Whether for leisure or business, embark on global travel with Globalvisanet.
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- Immigration: Your comprehensive solution for all visa and immigration requirements.
- Permanent Residence: Attain the status of Permanent Resident and enjoy exclusive benefits.
Tailored Services for Your Success:
- Profile Evaluation: We analyze your unique profile history, aligning it with visa eligibility criteria, and provide guidance on the appropriate visas to pursue.
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- Dedicated Case Officer: Enjoy personalized assistance and a singular point of contact throughout the entire process.
- Post-Landing Services: Our support extends beyond visa approval, helping you settle comfortably in your new country with customized post-landing services.
Experience a seamless journey for all your visa needs with Globalvisanet – from profile evaluation and document preparation to post-visa settlement services. If you have questions about filing the AIPP application, reach out to us immediately. We are here to assist you in every possible way.