If you are an entrepreneur who can invest large amounts of capital in your next venture, a new opportunity in Dubai is awaiting you. The Dubai government has implemented a long-term residence visa, and the most prevalent one is the Investor Visa.
The Investor Visa needs the applicant to use a substantial amount of money to invest in Dubai. The applicant must also buy property in Dubai worth a minimum of a specified amount and need to meet other requirements to get an investor visa.
Read on to know more about the five steps to acquiring an investor visa in Dubai.
An investor visa is a common type of access that provides long-term residence for business owners overseas. It permits the individual to enter, reside, and participate in activities in Dubai. It serves as a pass to engage in the many different businesses in the country.
To get an investor visa in Dubai, you must follow these five steps.
Visit the typing hub near you to obtain a visa application without discrepancies and errors. If you have a minimum of 25 percent stake in the company, you may apply as a partner.
Before going to the nearest typing hub, it would be best to check all the essential documents you need to verify your identity. You will know if the immigration department accepts your request once you receive a visa application by email.
After applying for an investor visa, you will need to process the changing status by visiting the nearest typing center. You may do this after getting the confirmation for sanction from Foreign Affairs Dubai and the General Directorate of Residency.
You will have to undergo a mandatory medical examination as part of your visa application. To qualify for the medical evaluation, you will have to complete medical typing first. After completing this step, you may visit the medical hub on your scheduled date to undergo the medical examination. You will get the medical test confirmation instantly, and you do not have to worry about waiting too long.
An Emirates ID will ensure that you will safely reside in Dubai, so getting one is the next important step on your application. You can proceed with Emirates ID typing after you finish the previous steps. You may also be required to go in for fingerprint verification based on your business needs and application type.
After completing all the necessary steps, you must go to the relevant authority to stamp your investor visa. Visit an authorized center to begin the procedures for visa stamping. And finally, all that’s left to do is wait for an approval or rejection message from the Department of Immigration.
An investor visa is an excellent opportunity for wealthy immigrants to enter Dubai. However, it is important to note that acquiring a property worth a specific minimum amount would be necessary. This is why buying Dubai luxury properties can help you with your visa application.
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