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Step By Step Guide to Gain a Business Visa in Dubai
A business visa is a long-term visa for entrepreneurs who establish a business in the United Arab Emirates. Depending on the scale of your investment, you could be a granted an investor visa for three years, five years, or ten years.
In order to be eligible for a ten-year business visa (also called investor visa), you need to establish a company that has a share capital of not less than AED 10 million. You could also be a partner in a firm that has a share capital of AED 10 million or more. Alternatively, you could invest AED 10 million in an investment fund that is based in the United Arab Emirates. You could also do both, provided the total value of your investment is AED 10
million. Not more than 60% of this should be in real estate.
The investment amount must not have been loaned, and it must be retained for three years at the very minimum. You should also be financially solvent to the tune of AED 10 million.
Approved business incubators are HUB71 in Abu Dhabi and AREA2071 in Dubai.
If you do not meet these requirements, you become eligible for a three-year business visa upon business setup in Dubai or elsewhere in the United Arab Emirates, provided you meet the existing criteria.
- You must have opened a business of your own at some point in your career.
- You must be able to demonstrate your experience as an entrepreneur.
- You must be a majority shareholder in a startup or a part of its senior leadership.
- You must have a business plan or a business idea which can be brought to life in the United Arab Emirates.
- You must be willing to establish a business in the United Arab Emirates.
How to Apply for a Business Visa
- If you are currently a resident of the United Arab Emirates, you will be granted a temporary one-month visa. This is to enable you to convert it into residency by approaching the Federal Authority for Identity, Citizenship, Customs & Ports Security.
- If you are not a resident of the United Arab Emirates, you will be granted a six- month visa. This is to enable you to settle down and convert your visa into residency by approaching Federal Authority for Identity, Citizenship, Customs & Ports Security.
If you are in Dubai, you can also convert your visa into residency at SERVICES1 located at Emirates Towers.
- A ten-year business visa assures you of residency for your spouse and children for the same period. You are also guaranteed of residency for one Advisor and one Executive Director of yours, also for the same period of ten years.
- A five-year business visa assures you of residency for your spouse and children for the same period. You can also be assured of residency for one business partner and three executives at your company – this is granted for a period of five years.
- A three-year business visa assures you of residency for your spouse and minor children for the same period. Parents and adult sons pursuing their studies are granted residency for a year, which can be renewed. Only unmarried adult daughters can be sponsored by those on a three-year business visa.
It is recommended that you seek assistance from someone who provides professional service for business setup and investor visa. He/She would be able to provide you with
more information, including how to setup business in Dubai or elsewhere in the United
Arab Emirates.
Need Help Getting an Investor Visa for Dubai, UAE?
SetUpACompany.ae is a provider of visa services in Dubai, United Arab Emirates. It has been of assistance to clients from 100 countries around the world and has an excellent
client satisfaction rate so far. For more details, call +971 50 427 3503 or email
contact@setupacompany.ae
