Investor residency in Dubai may be the beginning of the path to financial and professional success in a land full of opportunities, which is the United Arab Emirates in general and the Emirate of Dubai in particular, as this article will serve as your complete guide to how to obtain this type of residency, what are the required papers and the cost, and are you actually qualified to obtain it? or not ? Follow along with us.
What is the investor’s residency in Dubai?
Investor residency in Dubai comes through multiple permits granted by law, as these permits vary in their conditions, validity periods, and target groups and in the United Arab Emirates, especially in Dubai, we have recently witnessed the issuance of several laws and legislation aimed at facilitating the procedures for obtaining entry visas to the country, and enhancing the investment climate in the emirate and other emirates of the country.
The investor's stay in Dubai reflects the spirit of cooperation and economic progress in the region, as these permits are part of the government's policies to promote investments and support promising projects, as the conditions for these permits vary depending on the type of investment and the extent of its potential impact on the local economy, providing diverse opportunities for investors from different sectors.
Through these legal facilities and local legislation, the government encourages investors to invest in Dubai, and provides them with a suitable environment to grow their businesses and achieve success in the competitive labor market, as these policies provide new opportunities for international investors to participate in Dubai's growing economy and contribute to achieving the overall development goals of the emirate and the country.
Who is eligible to obtain investor residency in Dubai?
To obtain investor residency in Dubai, you must belong exclusively to the following categories:
Residency of a real estate investor in Dubai
Buying and owning real estate in Dubai is one of the most prominent means through which a foreign investor can obtain residence permits, as these properties must meet specific criteria in order for the investor to obtain the right of residence according to them and the investor in the real estate sector in Dubai has the opportunity to obtain a golden residence permit in the UAE, which is granted for a period of 5 years, subject to renewal, if he continues to own the property.
In addition, there is also the option to obtain real estate residency without being classified as a golden residency, as both options require the fulfillment of a specific set of conditions stipulated by the state's legal legislation.
Investors interested in investing in real estate in Dubai follow detailed procedures to ensure that these conditions are met, and thus have the opportunity to reside sustainably and legally, as these procedures include compliance with local laws and regulations and dealing with the competent authorities in the emirate related to regulating real estate and foreign investments.
As for the advantages of this type of residence, they are:
Opening a bank account in UAE banks to benefit from financial facilities and loans.
Obtaining an Emirati car driving license, which allows immediate driving and replacement in many countries.
Health insurance includes all family members and treatment in government and private hospitals.
Facilitating travel to many countries under legal residency in the Emirates.
Registering children in public or private schools and universities.
The ability to work legally in the government and private sectors.
Start investing and establishing companies easily.
Renewing residency permanently throughout the period of ownership of the property.
The possibility of traveling outside the country for a period of more than 6 months with golden residency.
Investor residency in Dubai in the general investment category
Public investment programs in the UAE are among the most attractive, providing distinct opportunities for investors through a variety of programs and types.
An investor in Dubai can obtain a gold-class investor residence permit for a period of up to 10 years, subject to renewal, by investing in one of the existing companies or establishing his own company.
It is also possible to obtain a regular investor residency for a period of up to 5 years if he invests in Dubai, under different conditions that suit this category.
The conditions for obtaining golden residency differ from regular residency and require meeting certain criteria for qualification, which ensures investor stability and achieving the full benefits of golden residency.
As for the advantages of this type of residence, they are:
Living and staying in Dubai in a modern and sophisticated style.
General investment category residency includes the wife and children.
Renewal of residency at least every five years without a guarantor.
Obtaining government support and tax exemptions.
Open a bank account and benefit from financial facilities.
Participation in international entrepreneurship conferences and business events.
Comprehensive health insurance for the investor and his family.
Facilitations in issuing entry visas to many international countries.
The investor’s residency in Dubai as an entrepreneur
The UAE government provides legal residency in the country to entrepreneurs who own economic projects of a technical or future nature, which depend on innovation and risk and this residency is granted for a period of up to 5 years, providing an encouraging environment for entrepreneurship and innovation development in the UAE.
In addition, this type of residency is characterized by providing direct support and assistance to pioneers seeking to develop their innovative projects, and provides them with access to a wide network of experts and investors in the fields of innovation and technology and this contributes to enhancing the entrepreneurial environment and stimulating innovation and technological development in the Emirates.
As for the advantages of this type of residence, they are:
The possibility of obtaining golden residency and benefiting from its various benefits.
Benefit from the rewards, financial support, and facilities granted by the UAE government to entrepreneurs and creators.
The possibility of exchanging international experiences and benefiting from entrepreneurs from all over the world at regular Dubai events.
Live and reside in an environment that embraces innovation and creativity with a fully prepared and equipped infrastructure.
At the conclusion of this article, we find that investor residency in Dubai represents a unique opportunity for investors seeking success and prosperity in a dynamic and evolving business environment, as the emirate provides many advantages and facilities that make it an attractive destination for entrepreneurship and investment and from the possibility of obtaining golden residency to government support for innovative projects, Dubai embodies a future vision of investment and development and based on this, it can be said that investing in Dubai is not just a business decision but rather a step towards building a bright future and sustainable success.
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