What is the difference between an Investor Visa and a Partner Visa in the UAE?
An Investor Visa is issued to individuals who establish their own business in the UAE, while a Partner Visa is granted to those who hold shares in an existing company. Both visas offer residency but differ in eligibility requirements and ownership structure.
What is the minimum investment required for an Investor Visa?
The minimum investment depends on the visa type. For property investors, a minimum of AED 750,000 qualifies for a two-year residency visa, while an investment of AED 2 million grants eligibility for a 10-year Golden Visa. Business investors typically need to invest between AED 500,000 and AED 2 million, depending on the emirate and industry.
What are the new updates for Investor & Partner Visas in 2024?
Recent updates include faster processing times, flexible residency options of two, five, or ten years, and the elimination of local sponsorship requirements, allowing 100% foreign ownership in most business sectors. Golden Visa holders also benefit from extended stay allowances outside the UAE without restrictions.
Can I apply for an Investor Visa without physically being in the UAE?
Yes, the application process can be started remotely. However, applicants must enter the UAE to complete necessary steps such as the medical test, biometrics, and Emirates ID registration.
What happens if my Investor Visa application is rejected?
Visa rejection may occur due to incomplete or incorrect documentation, insufficient proof of business setup or financial stability, unresolved legal or financial disputes in the UAE, or failure to pass the mandatory medical test. Addressing these issues and reapplying may help in obtaining approval.
Can I apply for an Investor Visa if my business is new?
Yes, new business owners can apply, but they must provide a valid trade license, proof of capital investment, and, if available, a business bank statement to demonstrate financial stability.
What is the AED 750,000 Property Visa?
This is a two-year residence visa for property investors who purchase real estate worth at least AED 750,000. The property must be completed, and if mortgaged, at least 50% of its value must be paid off.
How long can I stay outside the UAE with an Investor Visa?
Standard Investor Visa holders can stay outside the UAE for a maximum of six months before their visa becomes invalid. However, Golden Visa holders do not have any restrictions on the duration of their stay outside the UAE.
Can I sponsor my family with an Investor Visa?
Yes, Investor Visa holders can sponsor their spouse, children, and dependents, provided they meet the minimum salary and financial requirements set by UAE immigration authorities.
What is the processing time for an Investor Visa?
Processing times vary by emirate and business jurisdiction. A standard Investor Visa usually takes between two to four weeks, while a Golden Visa may take between four to six weeks, depending on eligibility verification and document approval.
Can I convert my visit visa to an Investor Visa inside the UAE?
Yes, individuals inside the UAE on a visit visa can apply for an Investor or Partner Visa by changing their visa status without having to exit the country.
Can an Investor Visa lead to UAE citizenship?
An Investor Visa does not guarantee UAE citizenship, but high-net-worth investors and entrepreneurs may be nominated by the UAE government for long-term residency or citizenship based on their contributions to the economy.