Showing posts with label Investor visa. Show all posts
Showing posts with label Investor visa. Show all posts

യുഎഇയില്‍ വിദേശികള്‍ക്ക് 10 വര്‍ഷം വരെ കാലാവധിയുള്ള വിസ

അബുദാബി: യുഎഇയില്‍ ഈ വര്‍ഷം മുതല്‍ വിദേശികള്‍ക്ക് 10 വര്‍ഷം വരെ കാലാവധിയുള്ള വിസ അനുവദിച്ചുതുടങ്ങും. നിക്ഷേപകർ, സംരംഭകർ, ഗവേഷകർ, മികച്ച പ്രകടനം കാഴ്ചവെച്ച വിദ്യാർഥികൾ തുടങ്ങിയവര്‍ക്കാണ് ദീര്‍ഘകാല കാലാവധിയുള്ള വിസ അനുവദിക്കുന്നത്. ഈ വര്‍ഷം മേയിലാണ് യുഎഇ ക്യാബിനറ്റ് ഇത്തരം വിസകള്‍ അനുവദിക്കാനുള്ള തീരുമാനമെടുത്തത്. വിവിധ രംഗങ്ങളില്‍ നിന്നുള്ള വിദഗ്ദര്‍ക്കും സംരംഭകര്‍ക്കും വിദ്യാര്‍ത്ഥികള്‍ക്കും രാജ്യത്ത് സ്ഥിരതാമസത്തിനുള്ള അനുമതി നല്‍കുകയാണ് യുഎഇയുടെ ലക്ഷ്യം.

50 ലക്ഷം ദിർഹമോ അതിന് മുകളിലോ നിക്ഷേപമുള്ളവര്‍ക്ക് അഞ്ചു വർഷം കാലാവധിയുള്ള താമസ വിസ നല്‍കും. വിവിധ മേഖലകളില്‍ ഒരു കോടി ദിർഹത്തിനു മുകളില്‍ നിക്ഷേപമുള്ളവര്‍ക്കാണ് പത്ത് വര്‍ഷത്തേക്കുള്ള വിസ ലഭിക്കുക. പ്രശസ്ത കമ്പനകളുടെ ഉടമകള്‍ക്കും ഇങ്ങനെ ബിസിനസ് പങ്കാളിത്തമുള്ളവര്‍ക്കും ഇങ്ങനെ വിസ ലഭിക്കും. അഞ്ച് ലക്ഷം ദിര്‍ഹത്തിന്റെയെങ്കിലും സംരംഭങ്ങള്‍ രാജ്യത്തുള്ളവര്‍ക്കും അഞ്ച് വര്‍ഷത്തേക്കുള്ള വിസ ലഭിക്കും. സംരംഭകർ, പങ്കാളികൾ, മൂന്ന് എക്സിക്യൂട്ടിവ് ഡയറക്ടമാർ, ഭാര്യയും കുട്ടികളും അടങ്ങുന്ന ഇവരുടെ കുടുംബം എന്നിവര്‍ക്കും സംരംഭകരുടെ ആനുകൂല്യം ലഭിക്കും. മാനദണ്ഡങ്ങൾ പാലിച്ചാൽ ഇത് നിക്ഷേപക വിസയായി ഉയർത്താനും അനുവദിക്കും.

ഗവേഷകർക്കും 10 വര്‍ഷം കാലവധിയുള്ള വിസ ലഭിക്കും. ഡോക്ടർമാർ, ശാസ്ത്രജ്ഞർ, വിവിധ രംഗങ്ങളിലെ വിദഗ്ദര്‍ തുടങ്ങിയവര്‍ക്കും ഇവരുടെ കുടുംബങ്ങള്‍ക്കുമാണ് ഇതിന്റെ ആനുകൂല്യം ലഭിക്കുക. ഇതിനുപുറമെ യുഎഇ സാംസ്കാരിക-വൈജ്ഞാനിക വികസന മന്ത്രാലയത്തിന്റെ അംഗീകാരമുള്ള കലകളിലെ പ്രതിഭ തെളിയിച്ചവര്‍ക്കും ദീർഘകാലം രാജ്യത്ത് താമസിക്കാം. വിദ്യാര്‍ത്ഥികള്‍ക്ക് ദീര്‍ഘകാല വിസ ലഭിക്കണമെങ്കില്‍ പബ്ലിക് സെക്കൻഡറി സ്കൂളുകളിൽ നിന്ന് 95 ശതമാനം മാർക്കോടെയുള്ള വിജയമോ സർവകലാശാലകളിൽ നിന്ന് കുറഞ്ഞത് 3.75 ജി.പി.എയോടുകൂടി ഡിസ്റ്റിങ്ഷനോ ആണ് ആവശ്യം. ഇത്തരം നേട്ടങ്ങള്‍ സ്വന്തമാക്കുന്ന വിദ്യാര്‍ത്ഥികളുടെ കുടുംബങ്ങള്‍ക്കും വിദ്യാർഥി വിസയുടെ ആനുകൂല്യം ലഭിക്കും. ഡോക്ടര്‍മാരും എഞ്ചിനീയര്‍മാരും ഉള്‍പ്പെടെയുള്ള പ്രൊഫഷണലുകള്‍ക്കും ദീര്‍ഘകാല കാലാവധിയുള്ള വിസ ലഭിക്കും.
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Investor / Partner Visa Requirements-Dubai

Now Investor visa procedure is easier than before. If you have all required documents ready, all steps can be completed from authorized Typing Centre. No need to visit Immigration office. You can receive e-Visa through your e-mail.

To prepare your Investor Visa application; call

Qusais (Al Nahda-2) Near Zulekha Hospital: 04-239 1302, 055 273 2295, 055-345 7829

Qusais, Near DAFZA Metro Station:  Exit#2, Shop No. 7, Al Manzil Building,

Tel. +971 52 1416869

Qusais (Industrial Area-5), Wasl Village, Retal Center, Shop No. 4. Tel. 0524912412, 0558650577

Bur Dubai: 04-252 22 22, 055-9105757

Hor Al Anz: (Deira): 04-265 8373, 050-715 0562

Qusais (Damascus St): 04-258 6727, 054-300 5931


For Collection & Delivery Service; call 055 273 2295, 055-345 7829
 
INVESTOR/PARTNER VISA EXPENSE
DESCRIPTION
AMOUNT in AED
NOTE
INVESTOR VISA ENTRY PERMIT APPLICATION
476
Typing charge extra
GET VISA INSIDE THE COUNTRY
1126
If the applicant is inside UAE
250
If the applicant is inside UAE. Typing charge extra
MEDICAL (Normal)
320
EMIRATES ID
385
2 Years
HEALTH INSURANCE
950
Till the age of 65. After that Dh4200
VISA STAMPING (Two years)
547
Typing charge extraDh470 If your company has eDNRD User ID & Password.Dh547 If you apply through Typing Centre program (Vision form)



NO DEPOSIT
: No security deposit for Investor / Partner visa effective from 01/08/2014.
DEPOSIT FOR FAMILY MEMBER: Dh3045 should be deposited at Immigration for each dependent's residence visa.
DOCUMENTS REQUIRED FOR ENTRY VISA
  • Passport copy (Colour)
  • One Photograph (white background) for Entry Visa application
  • Copy of Memorandum of Association (for LLC)
  • Trade Licence Copy
  • Partners List (for LLC)
  • Copy of Service Agent Contract (for Professional License)
  • Copy of Partnership Contract, if any (for Professional License)
  • Original Emirates ID of other partner / PRO (if you are applying through Vision form)
  • Last six month's Bank Statement (if the company is old)
  • DOCUMENTS FOR MEDICAL
  • Typed Application
  • Passport copy, Visa Copy and Two Photographs (white background)
  • DOCUMENTS FOR VISA STAMPING
  • One Photograph with white background
  • Emirates ID Form
  • Original Visa
  • Original Medical Certificate
  • Original Passport
  • Immigration Establishment Card, LLC Agreement, License & Partners List copy.
How to hold family visa while canceling Sponsor's visa
NOTE: Special approval of senior officer from Immigration is required to hold family visa

CHANGING TO INVESTOR/PARTNER VISA: If you are changing from employment to Investor/Partner Visa, type the application, get seal and signature of sponsor, attach all required documents, submit the application at the immigration, pay Dh220 for file opening, and Dh680 to issue visa inside country.

+ Then cancel your existing labour card, go to Immigration head office, Jafliya with Labour Card cancellation receipt, your visa cancellation form and family's original passport. Pay Dh5020 as refundable deposit to hold dependants visa and Dh120 as service charge for each dependent's passport. Then they will cancel your existing visa.
Type Status change form of Dh510 (typing charge extra) put seal and signature of the new company and submit at the Immigration. You will get a paper of status change.

+ Do Medical, type Emirates ID and visa stamping application and submit through AMER Centre.


+ After stamping your visa, you can refund the deposit amount.

+ Your dependents can continue their current visa and renew at the time of expiry.

REFUND PROCEDURES
+ Take original deposit receipt and your passport to Refund Counter at Immigration Head Office, Jafiliya.

+ Get no objection for refund seal from the counter and go to Dubai Commercial Bank (next to Immigration building) and collect the cash. Bank will charge Dh40 as commission.

Deposit Receipt Lost: if lost, collect lieu of lost receipt from Dubai Commercial Bank (next to Immigration building), Jafiliya. You can show the receipt copy or your original passport for reference. Take this receipt to Immigration refund counter and pay Dh70 as lost fee. Immigration officer will put a stamp of NO OBJECTION FOR REFUND, go to CBD counter and collect the cash. Bank will charge Dh40 as commission.

Q: I had deposited Dh10,000 / Dh20,000 for my investor/partner visa. I heard that as per the new rule, no deposit for investor/partner visa. Can I refund my old deposit from Immigration?.

A:
 Yes, you can refund. follow the same above steps. If you have family under your sponsorship, you should deposit Dh3020 for each. Then you can refund your own visa deposit.

You cannot refund
 your deposit, if there is overstay or other violation in your company file.

Q: I had deposited Dh10,000 / Dh20,000 for my investor/partner visa. I heard that as per the new rule, no deposit for investor/partner visa. I don't have dependents under my sponsorship. Can I refund my deposit from Immigration?.

A:
 Yes, you can refund.

Investor Visa for Bangladeshi Nationals: There are restrictions for Bangladeshi Nationals. Last six months personal bank account statement is required. Applicant's previous visa profession also matters.
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Are you planning to Set-up your business in Dubai? Call us for Setting up new business, LLC Formation, Amendment in existing license, PRO Service and Translation. +971 55-273 2295, 055-345 782904-239 1302 or mail your queries to visaprocess.ae@gmail.com
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Immigration Branch Locations

Main Branch
Bur Dubai, Karama, Opposite Jafiliya Metro Station
Working Time: 7:30am - 8pm (Sun-Thu)Immigration Call Centre  800 5111 

Dubai International Airport (Terminal 3)Gate No.2, Arrivals area
Phone: 04-707 5388
Timing: Around the clock, seven days a week (including holidays)
Services: All visa related services (including e-gate card)


DNATA Emirates Building Near Clock Tower, Deira
Phone: 04-707 5946
(Dh25 extra service charge for each transaction)
Timing: 7:30 to 2:30pm

A'amal Center, Hyatt RegencyHyatt Regency Hotel-Deira
Business Centre, First Floor
Phone: 04-707 5922
(Dh30 extra service charge for each transaction)
Timing: 8am to 2:30pm


Municipality Service Centre
Al Towar, Qusais, Opposite Al Towar Mall
Phone: 04-707 5162
Timing: 7:30 to 8pm


Bin Souqat CentreAl Rashidiya
Phone: 04-
707 5939
Timing: 7:30 to 8pm


Arabian CentreMirdif / Al Mizhar
Phone: 04-707 5181
Timing: 7:30am - 8pm
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Related Pages
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FAMILY VISA
PARENTS VISA
How to Sponsor Parents on Residence Visa in Dubai?
HOUSEMAID VISA
BUSINESS SET-UP IN UAE
EMPLOYMENT VISA
VISIT & TOURIST VISA

Long-Term Investment Visa for Expat Retirees

Special Long-Term Residency Visa for Expatriates  After Retirement: 
■ Expats retirees over the age of 55 years will get 5-year visa, with the possibility of renewal. 

The law, which will be in effect as of 2019, outlines the requirements to qualify for the long-term visa such as having an investment in a property worth Dh2 million, or having financial savings of no less than Dh1 million, or having an active income of no less than Dh20,000 per month. And as long as these conditions are met, the visa will be automatically renewed.

For an expat to be eligible for a long-term visa, the requirements include:

■ An investment in a property worth Dh2 million (about $545,000), or 

■ Financial savings of no less than Dh1 million, or

■ An active income of no less than Dh20,000 per month.

Major Cabinet decisions on visas announced this year

■ Abolished mandatory bank guarantee for labour recruitment and replace it with a low-cost insurance system 
■ New visa facilitation procedures for visitors, residents, families & people overstaying visas adopted  
■ Approved UAE exemption of transit passengers from all entry fees for first 48 hours approved. Transit visa extension for up to 96 hours for a fee of Dh50   
■ New six-month visa introduced for job seekers who overstayed their visa but wish to work in the country
■ 10 years visa for professionals such as doctors, engineers, specialists working in medicine, science, research and technical fields 
■ Approved five-year visas for students and 10-year visa for "exceptional" graduates
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Are you planning to Set-up your business in Dubai? Call us for Setting up new business, LLC Formation, Amendment in existing license, PRO Service and Translation. +971 55-273 2295, 055-345 782904-239 1302 or mail your queries to visaprocess.ae@gmail.com

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FAMILY VISA
PARENTS VISA
How to Sponsor Parents on Residence Visa in Dubai?
HOUSEMAID VISA
BUSINESS SET-UP IN UAE
EMPLOYMENT VISA
VISIT & TOURIST VISA

Freehold Property Visa in Dubai

Individuals who have purchased a property for a minimum value of Dh1 million are entitled to apply for residence visa in the UAE, provided
such a property has been completed and
handed over to its owner by the developer.
Such a visa is valid for two years.

Five-year residence visa will be given to owners of UAE real estate worth at least Dh5 million as long as ownership is not based on loans.

Renewable 10-year visas will be provided to foreigners with investments in the UAE of at least Dh10 million, if non-real estate assets account for at least 60 per cent of the total. Investors can bring spouses and children into the country.  
The amount invested shall be wholly owned by the investor and not loaned, and should be proven by supporting documents. There should be an investment retention for at least three years.

The long-term visa could also be extended to include business partners, provided that each partner contributes Dh10 million, the spouse and the children, as well as one executive director and one advisor.

The rule allows investors to enter the country for a six-month period, multiple entry, to apply for the long-term visa requirements.
Steps
The property owner initially has to approach the Dubai Land Department along with original passport, original title deed, NOC from the developer and copy of current visa page (if any).

Based on the letter issued by the Dubai Land Department, you need to thereafter approach the Dubai Police for issuance of Certificate of Good Conduct

and later to the Dubai Economic Department along with the relevant documents and apply for an investor licence.

Once the investor license is issued by the Dubai Economic Department, you can approach the GDRFA to apply for residence visa in the UAE with aforesaid documents.


+ Once you obtain your residence visa, you are entitled to apply for residence visa for your family under your sponsorship in the UAE.

Two year Multiple-entry Visa will be issued for expatriate property owners, who meet the eligibility criteria.

+ This Visa can be renewed, but the investor must remain out of the UAE for at least one month.

Dependents' Visa:  Property visa holder can sponsor his dependents on residence visa.

+ The maximum permitted stay at once is six months.
+ Visa Fee: Dh 13000 (Approx)
+ The investors will need to meet a set of requirements:

Property Worth: The property should be worth at least Dh1 million.
+ It should be ready for the investor to move in.

Monthly income: It should be wholly owned by the investor and the investor must have a monthly income no less than Dh10,000 or equivalent in foreign currencies.

+ The apartment or villa must be comfortable to accommodate the family of the investor.

+ The investor is required to obtain the title of the property from the registration authority in the respective emirate, before he could be granted the visa.

How to apply: You should approach Land Department with all the supporting documents.

Documents Required: 

Title Deed of the property
Passport copy & Photo

Time: Visa approval will take three weeks


Period of Visa: Two years
Send your queries to: visaprocess.ae@gmail.com

Address: 

Dubai Land Department
Bniyas Road, Deira, Dubai
Tel. +971-600-555556

Rental Dispute Center: 8004488
Timing: Sunday to Thursday from 7:30 am until 2:30 pm

Property Visa in other Emirates 

Multi-entry residence visa for property owners is renewable every six months and valid for properties in any emirate.

What is the difference between the residence permit and the residence visa?

The residence permit and visa for property owners grants temporary residency to qualified investors and their dependents on the basis of property ownership. The principal difference between the two is that the residence permit for property owners is renewable every two years for properties purchased in Dubai, while the multi-entry residence visa for property owners is renewable every six months and valid for properties in any emirate.

Mandatory minimum investment threshold

To be eligible for either the residence permit or visa, properties must be valued at more than Dh1 million. Mortgages are allowable for the residence permit, but if the property is mortgaged a minimum 50 per cent of its original price must be paid off, or Dh1 million must be paid off if the property’s value is more than Dh2 million.

Investment criteria

The investment property must be in a freehold area and entirely owned by the investor, with the title deed issued in the name of the applicant. Lease-to-own deeds are not accepted. Additionally, the property must be ready for the investor to move in and its size must be proportionate to the number of family members occupying it (if applicable). If the property is owned by more than one investor, the shared value must be more than Dh1 million, or a legalised marriage certificate has to be provided if the investors are married. Verification of the investment requirement is undertaken at the Dubai Land Department for the residence permit and the relevant immigration authority for the residence visa. Furthermore, there is a minimum monthly income requirement of Dh10,000 or equivalent in a foreign currency. The investor’s income source may derive from inside or outside of the UAE.

Documents required

The standard documentation required to obtain either the residence permit or visa includes copies of passports and current visas, passport photos, police clearance certificates, title deeds, legalised marriage certificates, attested bank statements, proof of health insurance for applicants and dependents, and a Dewa bill. Both the Dubai Land Department and the relevant immigration authority can request additional documentation.

Points to note:

Important factors to take into account include the following:

• Spouses and dependents are subject to fulfilling the dependents’ sponsorship criteria.

• Sponsorship of domestic workers is allowable under the residence permit. However, under the residence visa, sponsorship of domestic workers is subject to approval from the relevant immigration authority.

In-country medical examination is required for investors applying for the residence permit.

• Neither the residence permit nor the residence visa status leads to citizenship.

• Holders of the residence permit or the residence visa are prohibited from working.

• There is no maximum period of stay for both the residence permit and the residence visa. However, residence permit holders should not stay outside of the UAE for more than six consecutive months.

The Department of Economic Development issues an investor’s license for every permit granted. The license is valid for four years and renewable thereafter.

How much does it cost?


The residence permit costs about Dh13,000 in government fees. If the investor sponsors dependents, there is an additional Dh3,000 deposit per dependent. Estimated government fees for the residence visa are approximately Dh2,300 per applicant, which is the same for each dependent, due every six months.

Can I secure life-long residency in the UAE if I buy a property?
It is not possible for any non-GCC national to get lifelong residency in the UAE, even if they purchase property. While it can be possible for an expat to obtain a residency visa based on property ownership, the rules are very strict and the visas are valid for either six months or two years only. There is no guarantee that anyone buying a property will be granted a visa and they do not permit a person to undertake any form of employment in the UAE.


To make an application, the property must have a purchase price of a minimum of Dh1 million and the outstanding mortgage must be no more than 50 per cent. The applicant must have an income of at least Dh10,000 per month from a verifiable source, but this cannot be not from employment in the UAE. Any application must be made to Dubai Economy and the Dubai Land Department for consideration with visas granted on a case-by-case by case basis - approval is by no means automatic. Visas are issued for up to two years under the current rules. In accordance with standard Dubai rules, applicants must undergo a medical examination and organise their own Dubai Health Authority compliant medical insurance. I would reiterate that a property related visa does not permit an individual to work in the UAE, only to reside here, so if they take up employment the property visa must be cancelled with immediate effect and there is no guarantee that any application will be approved or renewed.(TN)
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Can the title deed under my wife's name be used as a valid document to apply for her visa?
My wife and I have been living in the UAE for around four years under our own respective employment visas. Her employment tenure at her current company will come to an end soon and I will be sponsoring her visa.

 My salary is above Dh15,000 per month and we have a UAE-attested marriage certificate. Recently, we purchased a one-bedroom apartment under my wife's name. As she is the owner, we don't have any Ejari or contractual agreement. We now want to live in our apartment. Please advise weather I can sponsor her visa without an Ejari. Can the title deed under her name be used as a valid document to apply for her visa?

Pursuant to your queries, you may consider one of the below mentioned options to comply with the requirements to sponsor the residence visa of your wife:

 a) You may provide the title deed of the property owned by your wife, affection plan of this property and copy of your legalised marriage certificate, along with other documents to the General Directorate of Residency and Foreigners Affairs in Dubai (the 'DNRD'), seeking the approval of the DNRD for residence visa of your wife. Further, it is recommended that your wife submits a letter to the DNRD, stating that she has no objection as the owner of the apartment allowing her husband to reside with her in the apartment; or

 b) If you intend to apply for residence visa for your wife under your sponsorship, your wife could rent her apartment to you, and upon obtaining an Ejari tenancy contract, you may comply with this particular requirement of the DNRD to sponsor the visa of your wife; or

 c) Your wife may obtain a residence visa against the property she owns. Individuals who have purchased a property for a minimum value of Dh1 million are entitled to apply for residence visa in the UAE, provided such a property has been completed and handed over to its owner by the developer. Such a visa is valid for two years. The property owner initially has to approach the Dubai Land Department along with original passport, original title deed, NOC from the developer and copy of current visa page (if any). Based on the letter issued by the Dubai Land Department, your wife needs to thereafter approach the Dubai Police for issuance of certificate of good conduct and later to the Dubai Economic Department along with the relevant documents and apply for an investor licence. Once the investor license is issued by the Dubai Economic Department, your wife can approach the DNRD to apply for residence visa in the UAE with aforesaid documents.

 THE LAW
Individuals who have purchased a property for a minimum value of Dh1 million are entitled to apply for residence visa in the UAE, provided such a property has been completed and handed over to its owner by the developer. (KT)
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