To enjoy the advantages of residency and investment in Dubai, all you have to do is choose the shortest and best way to reside and invest, which is to provide a place of residence by making an investment within Dubai by establishing your own project or establishing a company or commercial establishment. Investing in the free zone is the fastest, as you wait a few months after your company is established and successful, then submit your papers to the relevant authority, residency, immigration and citizens’ affairs, in order to approve your papers as a resident in the UAE. You can also, by being a self-employed person, obtain a commercial license for the work, and then you can also bring in employees and obtain entry and residence visas for them to expand your company significantly and successfully, and also provide a way to reside in Dubai.
Table of Contents
ToggleResidency requirements in Dubai:
The conditions of residence in Dubai depend on many factors. In addition to that, residence in Dubai greatly helps in successful investment and helps in greater stability. In order to achieve many advantages, there are many conditions that the administration of the Residency Affairs Authority in the United Arab Emirates allows through which residence in Dubai is permitted, and they are:
- You must have real estate ownership in the Emirates in general or Dubai.
- In order to obtain residency in Dubai, you can reside by having one spouse sponsor the other.
- It is also possible to reside in some companies that you join in the Emirates in general and Dubai in particular through sponsorship.
- Alternatively, you can establish a residence by establishing a company affiliated with the free zone.
- Residence also through the establishment of a special visa for businessmen.
- Issuing a freelance visa allows you to reside in Dubai.
How do I invest in Dubai by establishing a company in Dubai?
You can reside in Dubai by establishing a company in Dubai, which requires initially obtaining a sponsor, then you choose one of the free zones in which you will establish a company, as it will only take a few months. After you complete establishing the company, you can then contact the Ministry of Labor and the administration responsible for local immigration to create a file for you within the employee files. Then, as a company owner in Dubai, you will obtain a long-term residence visa for yourself. You can also bring in employees and issue temporary residence visas for them.
What are the investment areas that help me reside in Dubai?
Product transportation : It is considered one of the best economic projects in Dubai, as it carries out the process of transporting products from their place of production or manufacturing to the place designated for marketing them. This project has proven its success not only in Dubai and the Emirates, but in the whole world, but it needs a wide spread area and also gaining the trust of customers by carrying good products. Also, sufficient advertising must be done for the project.
Real estate investment: This distinguished field is considered one of the best investment fields in Dubai, given the tremendous development in the rate of construction of new buildings in the country, and also the fact that the Emirates has recently achieved a great boom in this field, and there are many examples of this success, such as Dubai Silicon Oasis, which was considered a very short time ago as a barren desert, but now, thanks to the urban expansion in Dubai, it has become a huge and prosperous residential complex full of modern and beautifully designed buildings. It is smart to invest in real estate, as the total rental amount in the Emirates is sufficient for them to obtain a residential plot of ownership, and you can rent it and benefit from that in buying a new plot or converting the rent into a regular income or starting a commercial project on the plot.
How to set up a company for residence and investment in Dubai?
The UAE is working to facilitate all means of investment in it, as it makes establishing a company in Dubai a simple and uncomplicated matter. There are several important steps that must be followed to establish a company in Dubai or any region in the Emirates, which are:
- Determine the activity: The first step to start investing in Dubai is to determine your activity. This also depends on choosing the activity that suits the location and also the activity must be within the needs of the population consuming the product in the location you have chosen and the activity that has been determined.
- Commercial Register: This is the second step in the steps to establish a company. In this step, you can determine the trade name of the company you are establishing and based on that, you can start it. You must meet all the requirements of the Department of Economic Development in order to be able to obtain approval to register your company.
- Initial approval: You must first obtain approval from the General Directorate of Residency and Foreigners Affairs, and then we move on to initial approval from the rest of the relevant authorities.
- Determining the company’s location: It is necessary for a company to be established in Dubai for foreigners to have a fixed location and legal headquarters in Dubai in particular or in the Emirates in general, as this requires you to obtain a lease contract authenticated by the Real Estate Regulatory Authority in Dubai.
- Approval of the relevant authorities in the company: such as transportation authorities, as well as the authorities responsible for insurance in the company, and also legal consultations.
- Obtaining an instant license in Dubai: In order to obtain the license, there are several steps, which are:
- Payment of the cost of a commercial license in the Dubai Free Zone
- Collect all attachments and documents related to the company and everything related to it and submit them to the Department of Economic Development
Other ways to obtain permanent residency in Dubai:
There are other ways to help in permanent or temporary residence in Dubai, including:
Residency through one of the spouses : It is possible for one of the spouses to obtain residency through the other party, as the laws in force in the United Arab Emirates have approved this in detail. In this case, the husband is like the sponsor for his wife or vice versa, as the company in which the husband works pays all expenses related to the visa, by submitting a letter from the husband stating that he has no objection to bringing his wife, and through this method, a work permit and card are then obtained. In the opposite case, i.e. the wife wants to sponsor her husband, the wife’s salary must be more than five thousand Emirati dirhams.
Outstanding students : Students who have obtained high grades, i.e., obtained an excellent grade of at least 95% in high school in private and public schools, and those who have obtained an excellent grade with a minimum cumulative grade point average (3.75 GPA) upon graduating from university, whether outside or inside the country. These students are granted a residence permit for a period of up to 5 years, renewable, and they also obtain a residence permit for a period of up to 5 years for the family of the student concerned, renewable. People outside the country can also obtain a multiple-entry visa for more than one time for a period of up to 6 months, renewable for another similar period, by submitting a request to the e Channels smart services system, which is available as a public service on the system, i.e. you do not need to log in to submit the request.