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Conditions for the residence of a foreign investor in the Emirates

Conditions for the residence of a foreign investor in the Emirates

The UAE is considered one of the pioneers in attracting foreign investments to it, and in this regard it is ranked sixth in the world, and the reason for this is the facilities provided by the UAE when residing and investing in Dubai, in terms of setting the conditions for the residence of a foreign investor in the UAE , and granting permanent residency to some foreign groups there.

 There are also other advantages in the UAE, in addition to the facilities it provides, that make any investor seek to implement the conditions for the residence of a foreign investor in the UAE, including the presence of free zones in Dubai, the distinguished location of the UAE, and the political, economic and security stability that the UAE enjoys, in addition to… To social stability.

How to obtain residency for a foreign investor in the UAE

The United Arab Emirates is a world-famous investment destination, providing diverse and convenient opportunities for foreign investors. One of the main steps to invest in the UAE is obtaining a residence permit, which gives its holder the ability to invest and work in the country permanently. In this article, we will review how to obtain residency for a foreign investor in the UAE.

  • Choose investment type:

First, the foreign investor must choose the type of investment he wishes to make in the UAE. This could include starting a company, buying a property, investing in a real estate fund, investing in the stock market, and other available options.

  • Follow legal procedures:

After determining the type of investment, the foreign investor must comply with the legal procedures required to obtain a residence permit. The law in the UAE stipulates that there are some conditions and requirements that must be met. These conditions may include submitting the necessary documents, such as passport and certificates, and paying the required fees.

  • Choose the appropriate type of accommodation:

In the UAE, there are several types of residence permits that a foreign investor can apply for, such as the investor residence permit, the local company permit, and the free company permit. The investor must review each type and understand the requirements and benefits associated with them before making a decision.

  • Submitting an application and following up:

After choosing the appropriate type of residence, the foreign investor must submit an application for a residence permit to the relevant authorities in the UAE. All required documents must be submitted correctly and completed, then follow up on the status of the application and deal with any additional requirements.

  • Compliance with laws and regulations:

Once the residence permit is obtained, the foreign investor must adhere to the UAE laws and regulations related to investment and employment. The foreign investor must comply with financial, tax and labor controls and any other relevant laws.
In conclusion, the foreign investor must seek help from Itqan Investment Company in the UAE to obtain assistance and guidance in the process of obtaining a residence permit. This process must be started early and planned carefully to ensure all requirements are met and investment success in the UAE is achieved.

 

Residency requirements for non-UAE investors

The United Arab Emirates is one of the best investment destinations in the Middle East, as it provides a distinguished investment environment and broad opportunities for foreign investors. To encourage non-Emirati investors to invest in the country, the UAE offers easy procedures and conditions for obtaining a residence permit. In this article, we will shed light on the residency requirements for non-Emirati investors in the UAE.

  • Investment type:

The non-UAE investor must be able to provide proof of the type of investment he intends to make in the UAE. This can include setting up a new company, investing in an existing company, purchasing a property, investing in a real estate fund, and other recognized investment activities.

  • Investment size:

Residency requirements vary based on the size of the planned investment in the UAE. The financial size of the investment is an important factor, as the investor must commit to the required minimum invested capital, which varies according to the type of investment and economic sector.

  • Financial proof and financial source:

The non-UAE investor must provide clear and convincing financial proof demonstrating his ability to finance the planned investment in the UAE. This includes providing financial statements and bank accounts, and explaining the source of the funds used for investment.

  • Contributing to economic development:

The UAE requires that non-Emirati investors meet the requirements to contribute to the economic development of the country. This contribution could include investments in economic projects, providing job opportunities for UAE nationals, achieving technology transfer and knowledge transfer.

  • Compliance with laws and regulations:

The non-UAE investor must comply with all laws and regulations regarding investment and business in the UAE. The investor must adhere to financial, tax and operational controls, and adhere to any other relevant legal requirements.

In conclusion, the non-Emirati investor should seek help from Itqan Investment Company in the UAE to obtain assistance and guidance in the process of obtaining a residence permit. The foreign investor must start this process early and plan it carefully to ensure that all conditions are met and the investment in the UAE is successful.

 

Steps

Steps to obtain residency for a foreign investor in the Emirates

 

Steps to obtain residency for a foreign investor in the Emirates

The United Arab Emirates is one of the most prominent global destinations for investment and business. The UAE is characterized by a modern and advanced investment environment, offering broad opportunities for foreign investors. In this article, we will review the steps for obtaining residency for a foreign investor in the Emirates , which guarantees privileges and legal protection for investors and their families.

  • Establishment of the company:

The first step in obtaining residency for a foreign investor in the Emirates is to establish a company in one of the free zones or outside it. The investor must choose the appropriate company type, such as a limited company or limited liability company, and determine the business activity to be undertaken.

  • Obtaining an investment permit:

After establishing the company, the investor must obtain an investment permit from the competent authorities in the Emirates. This requires submitting the required documents and adhering to the terms and requirements specified for each type of investment.

  • Open bank account:

After obtaining the investment permit, the investor must open a bank account in the UAE. This account is used to manage financial transactions related to the company and investments.

  • Obtaining a work license:

A work permit is considered one of the basic conditions for obtaining residency for a foreign investor in the Emirates . The investor must apply for a business license and adhere to the required conditions, such as employing a specific number of Emirati employees.

  • Submitting a residence application:

After completing the previous steps, the investor must submit an application to obtain residency for a foreign investor in the Emirates . This requires submitting the required documents, such as a copy of the passport, personal photos, and medical reports, and paying the prescribed fees.

  • Review the competent authorities:

The residency application and attached documents are reviewed by the competent authorities in the Emirates. A thorough examination and verification is carried out to ensure that all conditions and requirements are met. This process can take some time and varies from case to case.

  • Receiving the residence card:

After the residence application is approved, a residence card is issued to the foreign investor. The residence card is an important document that allows the investor to live and work in the UAE for a specific period.

  • Renewal of residence:

The residence permit needs to be renewed periodically in accordance with the laws and regulations in force in the UAE. The foreign investor must submit a request to renew the residence permit before its expiration.

 

Necessary conditions for long-term residency for foreign investors in the UAE

The United Arab Emirates is one of the preferred destinations for foreign investors, as it provides an advanced investment environment and encourages economic development and business. The UAE offers wide opportunities for foreign investors to obtain long-term residency, allowing them to benefit from the local market and invest in various economic sectors. In this article, we will review the necessary conditions for obtaining long-term residency for foreign investors in the UAE.

  • Financial investment:

One of the main conditions for obtaining a long-term residence permit for a foreign investor in the UAE is financial investment. The investor must invest a specific amount of money in the UAE, which varies according to the laws of each emirate. The investment can be in real estate, businesses, stocks and other investments.

  • Establishing a company or investing in a local company:

The foreign investor must establish a company or invest in a local company in the UAE. The company must be established in accordance with local laws and regulations, and achieve the desired business activity. This investment is necessary to obtain long-term residency.

  • Business plan and financial sustainability:

Obtaining long-term residency for a foreign investor requires submitting a detailed and realistic business plan that outlines the company’s goals, strategy, and financial growth expectations. The company must be able to achieve financial sustainability and provide local employment opportunities.

  • Compliance with local laws and regulations:

The foreign investor must adhere to the local laws and regulations in the UAE. It must comply with tax, labor, immigration and other regulations relating to business and investment.

  • Goodwill and contribution to economic development:

Long-term foreign investment in the UAE is an opportunity for the investor to contribute to the economic development of the country. The investor must have a clear good intention to boost the local economy and provide job opportunities for local citizens.

  • Financial and professional reputation:

The investor’s financial and professional reputation is one of the important factors in obtaining long-term residency in the Emirates. Local authorities may require the submission of documents and proof that demonstrate the investor’s reputation and ability to manage the business successfully.

  • Financial protection:

Obtaining extended residency for a foreign investor may require the provision of financial guarantees or proof of the ability to meet financial obligations related to the investment and business.

 

Learn about the conditions for the residence of a foreign investor in the Emirates

At the conclusion of this article, we can confirm that the United Arab Emirates provides an advanced and encouraging investment environment for foreign investors. By cooperating with Itqan Company and adhering to the necessary conditions, foreign investors can obtain long-term residency and benefit from investment opportunities and economic growth in the Emirates.

Long-term residency for foreign investors requires compliance with a number of important conditions, such as financial investment in the specific emirate and company establishment or investment in a local company. The investment must comply with local laws and be presented with a realistic business plan that outlines the company’s financial goals and strategies. In addition, foreign investors must comply with local laws and regulations and have a good financial and professional reputation.

Itqan cooperates with foreign investors to help achieve long-term residency requirements in the UAE. The company provides advice and assistance in establishing local companies and meeting the required financial and legal conditions. Thanks to its experience and extensive knowledge of local laws and regulations, Itqan Company provides the necessary support to investors to facilitate the process and increase the chances of success.

In short, the residency of a foreign investor in the Emirates requires adherence to specific conditions, and cooperation with Itqan Company may be a successful way to achieve this. Thanks to the advanced investment environment and effective legal regulation, foreign investors can benefit from promising opportunities and thrive in the UAE market and contribute to the country’s economic development.

 

Frequently asked questions about the conditions for the residence of a foreign investor in the Emirates

What types of residence visas are available to foreign investors in the UAE?

Residency visas for foreign investors in the UAE include the Investor Visa, the Investor Visa who owns a property, the Free Enterprise Investor Visa, and the Advanced Investor Visa.

What are the basic conditions for obtaining an investor visa in the UAE?

Requirements vary depending on the type of visa, but usually include submitting a documented investment plan, a specified financial investment, and possessing a business license or real estate.

Does a foreign investor have to establish a local company to obtain an investor visa in the UAE?

Yes, obtaining an investor visa often requires setting up a local company or investing in an existing local company.

Can a foreign investor benefit from health and educational services in the UAE under an investor visa?

Yes, investor visa holders can benefit from health and education services similarly to permanent residents of the UAE.

Can the investor visa be converted into permanent residency at a later time?

Yes, after meeting specified conditions and investing for a period of time, investor visa holders can apply for permanent residency.

Does a foreign investor have to submit a detailed business plan to obtain an investor visa in the UAE?

Yes, a detailed investment plan must be submitted that includes market analysis and financial projections for the proposed project.