Residence Visa in the UAE
A-Z Consultancy provides clients with assistance and guidance services for obtaining the UAE residence visa or Dubai residence visa through company registered in Dubai. The UAE does not have such a term as permanent residency permit or visa.
Our qualified consultants analyze every application individually, choosing the ultimate solutions according to customer’s specific requirements.
UAE Residence Visa via Company Registration
Every investor of a newly registered company in the UAE has the right to get residency permit.The privileges of UAE resident visa is not related to structure of the company, business activity or location of the company in UAE.
Company formation in the United Arab Emirates is one of the fastest and low-cost ways to get Dubai residence visa for shareholder and his family members. Registration of a company with several investors could be an ultimate solution to cut on cost, since each investor has a right to get residence visa for family members (according to UAE residence visa rules).
Resident visa is given for a maximum period of 2 years with an option for its further extension whereby, in the event of absence in the UAE for more than 180 calendar days in a row, it can be automatically cancelled which means in case of availability of residency visa you should visit the country on time. UAE has introduced in 2019 new visa type i.e. Golden Visa.
Resident visa allows expats to reside in any emirate of the UAE and has following privileges:
- Tax reduction
- Residence permit for family members
- Ability to purchase real estate in Dubai or any other Emirate
- Ability to rent property
UAE Residence by Investment
The UAE is one of the most attractive business destinations worldwide. UAE Residence by Investment is aimed at providing long-term residence to foreign investors, entrepreneurs, andtalented individuals including specialists, students, and researchers who make a significant investment to the country.
UAE golden visa requirements
There are numerous categories of beneficiaries for the UAE's Golden Residence visa, includingreal estate investors who can obtain a 10-year renewable residence visa by purchasing one of the following:
- A property worth a minimum of AED 2 million (approximately USD 550,000)
- A property worth a minimum of AED 2 million (approximately USD 550,000) with a loan from specific local banks
- One or more off-plan properties worth a minimum of AED 2 million (approximately USD 550,000) from approved local real estate companies
Procedures and time frame of the UAE golden visa
Applications for UAE residence must include completed application forms and should beaccompanied by the appropriate fees and supporting documents. Golden Residence visas obtained are valid for 10 years and can be renewed thereafter. Residing outside the UAE does not nullify the visa.
Once the initial due diligence checks have been completed and the fee paid, then the application for UAE residence can be submitted to the government.
Once the requirements have been fulfilled, pending initial approval of the application, the successful applicant receives a six-month multiple-entry visa and travels to the UAE to apply foran ID card and undergo a medical check. Thereafter, full approval is granted and the client receives the residence visa. The processing time for the residence application takes over eight weeks.
Need help with residence visa in the UAE!
Contact us to find out more abut residence visa, type of residence visa, costs, etc…. A to Z Business Consultancy provides you with services related to residence visa for investors and employees of company incorporated through us.
Contact us to start your residence visa in the UAE.
