The UAE is a country that lets people trade with other countries around the world. This makes it a safe and friendly place for businesses to do business. With a dubai investor visa, you can easily get large capital. In 2018, the second-biggest economy in the Persian Gulf received $10.3 billion from foreign investors.
In this country, mainly commercial activities, real estate, finance and insurance are growing. There are a lot of different asset classes that expats can use to build wealth. In the UAE, there are investment options for almost any risk.
To make a good investment in this country, investors should be aware of its conditions and procedures. For more information on investing in Dubai and the benefits of staying in this country, stay with us in the rest of the article.
Dubai investor visa
Investing in Dubai is a popular way to get a visa to invest in the UAE and make money for investors and entrepreneurs. Dubai has a good economy, good roads and buildings, and it’s a good place for people to invest.
In 2019, the UAE introduced a new system for long-term resident dubai investor visa called the Golden Visa. The new system lets foreigners live, work, and study in the UAE without needing a sponsor from their country.
They also own 100% of their business on the UAE mainland. These visas for investing in Dubai last 5 or 10 years and are automatically renewed. To get an investment visa in the UAE, you must buy property worth at least 750,000 Durhams.
You can get a visa for 2 years if you invest at least $20,000 in real estate in the UAE. If you buy a house worth 2 million Durhams, you can live in the UAE for 10 years.
Dubai permanent residency by investment
Dubai permanent residency by investment has conditions that you should pay attention to. Dubai is a good city to invest in. This city is a good place to invest because it has lots of money to invest and great facilities. To invest in Dubai, you need someone to guarantee your investment and prepare the necessary papers.
In this way, the person who wants to stay and get a visa must pay two kinds of fees. The first cost is for residence, which can be related to company registration, entrepreneurship, etc., and the second cost is for government, which is 170 Durhams per person.
We have listed some of the most important steps for getting residency in Dubai. To get a visa for work in Dubai, your employer can help you apply. Your employer must apply for a residence visa for you and you must provide all the necessary documents to support your application. You can apply for a residence visa if you buy a property in Dubai worth at least 1 million dirhams. You need to show proof that you own something and do other things.
If you’re investing in a business or company in Dubai, you may be eligible for a Dubai residency visa. The amount of money needed depends on the type of business and other things.
If you are over 55 years old, you may be able to get Dubai permanent residency by investment. You must meet certain financial requirements and provide all the documents needed.
After you get a residence visa, you need to do the paperwork to get an Emirates ID card and sign up for a health insurance plan.
Requirements for Dubai investor visa
We will explain Dubai investor visa requirements below. In previous parts of this article, you learned about different ways to invest in Dubai. Getting a house in the UAE can be difficult because there are strict rules about where foreigners can live.
You can stay temporarily in Dubai for any type of investment. You will need to renew your visa. For example, when someone buys a house, they can stay there for 6 months to 2 years with their family.
After you register the company, you can stay there for 3 years. The UAE golden visa will allow a person to stay in the country for 5 or 10 years.
Dubai investor visa benefits
Dubai is a great place to live. Dubai has world-class healthcare facilities, renowned educational institutions, and diverse cultural experiences. In the last few years, Dubai has seen 111 billion Durhams invested in real estate transactions.
Also, with the granting of 5 or 10-year visas to investors in recent years, the amount invested in Dubai is expected to be huge by the end of 2024. Dubai is a safe place to invest and live in the United Arab Emirates, no matter what happens in the investment market. We have looked Dubai investor visa benefits.
- Banking Benefits
Dubai investor visa holders in Dubai have access to a strong banking sector, which offers stability, efficiency, and innovative financial solutions. They have easy ways to manage finances, get credit, and do international business. They also get special rates and privileges that resident visa holders get, which makes their financial experience better and makes business operations easier.
- Access to Talent and Expertise
Dubai has many talented people from different countries who can help investors with their projects. Dubai has many opportunities to find talented people who can help your business grow.
- Business Expansion and Diversification
Getting an investor visa in Dubai opens doors to a lot of different business opportunities, such as real estate, finance, tourism, technology, and more. Dubai is a good place to grow and innovate, whether you want to expand an existing business or diversify your investment portfolio.
- The economy is growing
One of the advantages of Dubai investor visa benefits is its growing economy. When you invest in a foreign country, you want to make sure that the economy is growing. The good news about investing in Dubai is that it will continue to grow economically for the next few years.
Abu Dhabi is rich in oil and is the capital of the UAE, so it has been affected by recent oil shortages. Dubai has become a leader in economic planning and growth in the Middle East and North Africa. Dubai has a strong economy and strong facilities.
- Advanced infrastructure
Dubai has the tallest buildings in the world and its international airport claims to be the fastest airport in the world and the sixth busiest airport in the world in terms of international passenger traffic.
The cargo container capacity at Jebel Ali port will increase in the coming years. This is enough to invest in Dubai’s real estate industry.
- Security is high
Dubai is one of the safest places in the world with a low crime rate and a good legal system. An investor always makes sure that the country he invests in is safe. The UAE is considered one of the safest countries in the world.
This high security in the United Arab Emirates has caused the number of immigrants to this country to increase day by day. So, more Iranian money has been invested in Dubai lately than before.
- Known as the city of innovation
Dubai is always looking to the future and trying to bring it into the present. New plans are made to make living more sustainable and comfortable for citizens, and new roads are built to keep cities connected. Dubai Creek Tower has made the city look more beautiful.
- Tax Benefits
The investor visa in Dubai is very attractive because it has good tax conditions. Dubai does not charge personal income tax or corporate tax on most types of business activities, making it a great place for entrepreneurs and investors looking to maximize their returns.
Cost of resident visa in Dubai
cost of resident visa in Dubai depends on the method and how much you want to invest. To tell you how much it costs to stay in Dubai, we need to explain the different ways you can stay.
People who want to live in Dubai usually choose one of two ways: buying a house or registering a company. If you want to get residency in Dubai by buying a property, you need a few things.
Another way to get a Dubai residency that can help people experience life in the UAE is by investing. You need to invest at least 10 million dirhams to live in this country for ten years.
After investing, a person is allowed to live there. You should know that it costs about 25 thousand Durhams to live in Dubai if you invest. You also have to pay 6000 Durhams for each person who is dependent on you.
One important thing to mention cost of resident visa in Dubai. Some people think Dubai’s cost of living is fair and compare it to Turkey. It is better to know that this issue is wrong and comparing Dubai with cities that don’t look like each other will give you inaccurate information.
documents for residence visa in Dubai
One way to invest safely in Dubai is by opening savings accounts at Dubai banks. Banks in this country offer foreigners different types of savings accounts.
It is good to know that you will get 4% annual interest by saving 10,000 Durhams. The amount of interest will increase with the amount of savings. You will need an expert to help you choose a bank in Dubai. You need these
documents for residence visa in Dubai:
- Valid passport
- new photo
- Electronic certificate of property ownership document
- Insurance
- UAE ID
- A copy of the latest UAE entry visa (if applicable)
- Criminal record certificate issued by Dubai Police Department (certificate of good conduct)
- An invoice and a document showing the minimum amount of investment made in Dubai.
- Copy of the company’s business license
- Certificate of shareholders approved by the Companies Registration Office (if any)
- Certified copy of business license or registration documents
Buying property in Dubai
Buying property in Dubai also has many conditions. If you’re foreigner planning to buy a property in Dubai we recommend This guide to you.
Real estate is one way to invest in the UAE. This country welcomes foreign applicants to buy real estate, but the minimum amount you need to buy real estate in this country is one million dirham.
If the applicant has a partner, each of them must contribute one million Durhams. One of the benefits of investing in the UAE is that you can get residency and visas for family members.
If the property purchased by the applicant is less than 5 million Durhams, he will get a 3-year stay and if the property purchased is more than 5 million Durhams, he will get a 5-year stay. If you keep the property you bought (as long as it’s in your name), you can extend your visa. If the applicant’s visa is for five years, he can extend it for another five years.
The visa will be extended for another 5 years. This visa is only acceptable for built properties and it is not possible to get this visa for pre-sold properties. But it should be noted that this method doesn’t lead to permanent residence in the UAE, and you need a work visa to work in this country.
Dubai is famous for its tall buildings, modern architecture, and tourist attractions. Nowadays, buying a house in Dubai is a very safe and profitable investment. In general, the UAE has had one of the strongest property buying and selling markets in the world.
The high standards of living in the UAE, as well as the possibility of getting a temporary visa in Dubai with the purchase of property, have made the trend of buying property in Dubai continue.
Real Estate in Dubai
By buying real estate in Dubai, you can easily invest in Dubai. Dubai has become one of the economic poles in the world. This makes this city a safe place to invest in other countries.
Buy a property in Dubai because of its advantages, such as: no income tax payment, high rate of return on investment, political and economic stability of the country, etc. More foreign investors are interested in it.
The UAE real estate market is more prosperous and a good place to get residence. People who want to buy a house in Dubai need a visa for two years. If the property you bought is worth more than one million Durhams, you can stay here for two years and keep staying there. If you buy more than five million Durhams, you can stay here for 5 years and stay here for 10 years.
If you stay here, you can work and do business in Dubai. A 6-month temporary residence permit will be issued to applicants who want to buy property in Dubai. With this visa, you can’t work in Dubai.
The UAE real estate market is very clear and open. Buying property in Dubai offers many opportunities to invest. In recent years, changes in property purchase laws in the UAE have opened the door to more foreign investors.
If you want to buy property in Dubai as an investor or expat, you should know the rules about how to own it. There are rules about who can get a mortgage in Dubai, where you can own free zones in Dubai, and what you need to do to buy it.
Foreign buyers need to know the rules about owning a house, apartment, or other property in the United Arab Emirates.
Afdal properties
Maybe you’ve thought about moving to Dubai or buying a house there, but you always get frustrated. We can help you safely. Contact our experts at Afdel Company! These consultants can help you buy a house in Dubai by telling you about the latest rules.
Afdel’s services don’t stop with these things. You can learn more about our services by visiting the website for this group. Leave all of your immigration work to us and we will make sure you don’t lose anything. Afdel Group hopes to be of great help to you.
Conclusion
A business can be started in the UAE. Dubai is a strategic location for global trade and the modern financial and commercial infrastructure in this country are all reasons why all international companies have a branch in Dubai.
If you want to start a business in Dubai or become a resident of the UAE, you can easily set up your company there and get cards for yourself and your family. As mentioned in the text of this article, obtaining residence in the UAE and Dubai can also be obtained through other ways, such as buying a house in Dubai and the UAE, working in Dubai and the UAE, studying in the UAE, and getting a residence in the UAE through marriage.
Investing in UAE among Arab countries is a great option because of its economic situation. In this article, we have looked at the options available to Iranian investors. The good thing about investing in the UAE is that it’s better to invest in Dubai and free zones. Dubai was a place where factories and tourists came to invest and work.