Applying for a Partner Visa in UAE

UAEpedia
Published 3 weeks ago on 2 December, 2024-10 views
Partner Visa UAE

The United Arab Emirates is calling out to entrepreneurs and investors. It offers a Partner Visa program for business opportunities. Did you know that UAE Partner Visas are granted for five or ten years? This gives long-term stability for your business.

This visa lets foreign nationals invest in businesses or start new ones in the Emirates. It allows them to live and work in the UAE’s growing economy.

Understanding Partner Visa UAE: Types and Eligibility

Benefits of UAE partner visa

The UAE partner visa lets foreign investors and entrepreneurs start businesses in the UAE. It’s for those who want to invest in or start a business here.

What is a UAE Partner Visa?

A UAE partner visa lets foreign nationals live in the UAE if they own shares in a UAE company. It lets partners work in the business and enjoy living in the UAE.

Categories of Partner Visas Available

There are many types of partner visas in the UAE. They depend on how much you invest and the business type. Each visa has its own rules and how much you need to invest.

Investment Requirements and Duration

You need to invest between AED 1 million and AED 10 million for a partner visa. The visa lasts three years, but you can renew it. It takes about 15 to 20 working days to get the visa after you apply.

Investment Amount Visa Duration Renewal Option
AED 1 million 3 years Yes
AED 5 million 5 years Yes
AED 10 million 10 years Yes

Benefits and Privileges

UAE partner visa holders get many benefits. They can sponsor family members and travel easily in the GCC. They might even get the UAE Golden Visa.

The cost of a partner visa is 200 AED plus 5% VAT. You also need to pay for medical tests, health insurance, and an Emirates ID. The visa’s benefits are great, but think about all the costs and rules too.

Documentation and Financial Requirements

Getting a UAE partner visa needs careful planning. We will look at the key documents, money needs, and health checks for a good application.

Essential Documents for Application

You need a valid passport with 6 months left, recent photos, and proof of your partnership. Also, a company memo and proof that your sponsor owns 51% of the company are required.

Financial Criteria and Investment Thresholds

For a UAE partner visa, you must meet financial standards. In Dubai, you need 1 million AED to invest. Your sponsor should earn at least 4,000 AED a month, or 3,000 AED if they live with you.

Visa Duration Fees (AED)
One Year 1,560
Two Years 1,810
Three Years 2,060

Medical and Insurance Requirements

You must have a medical check for 300 AED. Health insurance is also needed. The UAE ID card costs 100 AED. These steps keep everyone healthy and safe.

Legal Authentication Process

The legal steps include several fees. You’ll pay for an entry permit, resident status, and visa issuance. Visa times can change based on your case and workload.

Step-by-Step Application Process

The application process for partner visas UAE has many steps. First, make a partnership agreement in a UAE company. You need to own at least 51% of the business. This gives you a three-year residency.

Then, get a trade license and Memorandum of Association. Apply for an Immigration Establishment Card. If you’re outside the UAE, get an entry permit.

Register for an Emirates ID. Send all your documents to GDRFA for visa stamping. You’ll need your passport, visa application, Emirates ID application, medical test results, and health insurance proof.

Finally, get your passport back with the stamped partner visa.

Step Action Duration
1 Create partnership agreement 1-2 weeks
2 Obtain trade license 1-3 weeks
3 Apply for Immigration Card 1 week
4 Complete medical test 1-3 days
5 Register Emirates ID 1-2 weeks
6 Visa stamping 3-5 days

The whole process takes two to three months. It begins with a six-month visa and ends with a residence visa. You can sponsor family members and travel easily to GCC countries.

Conclusion

The UAE Partner Visa is a great way to start a business and live in the Emirates for a long time. You can get a visa for 3 to 10 years. This lets you build a business in the UAE’s growing market.

Investors can also bring their family with them. You can even live outside the UAE for up to a year and still keep your visa.

Getting a visa is a detailed process but it’s for serious investors. You need to have at least AED 10 million to invest. It usually takes 15 to 20 working days to get your visa.

The Golden Visa is even better, offering 10 years of residency. It’s for those who have done well in business. This shows the UAE really wants to help entrepreneurs.

When you start your UAE Visa journey, make sure you have all your documents ready. And follow all the rules closely. This will help you apply smoothly.

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