UAE Dubai Residency and Citizenship Investment Programs

UNITED ARAB EMIRATES

COUNTRY AND PROGRAM OVERVIEW THE UNITED ARAB EMIRATES

The United Arab Emirates, a constitutional federation of seven emirates on the eastern coastline of the Arabian Peninsula, is one of the safest and happiest countries in the world with a fast-growing and stable economy, world-class infrastructure in transportation, and prestigious international schools and universities.

It is famous for its promising business condition, political stability, pioneer healthcare system, and its Dubai as the city that never sleeps.

The UAE Investment Visa is a renewable visa that allows foreign individuals to establish their own businesses with 100% ownership, become residents of the UAE with the right of sponsoring their dependent families.

Also, the UAE Golden Visa, launched in 2019, is a long-term new residence visa with special criteria for investors, entrepreneurs, business owners and professionals that allows them to live, work and study in the UAE.

UAE RESIDENCY BY INVESTMENT OVERVIEW

PROCESSING TIME

• 2-3 weeks

INVESTMENT TYPE

• Investment in a Corporation
• Investment in Residential Real Estate

INVESTMENT AMOUNT

• No minimum investment requirement for Corporation Formation
• Real estate investment of AED 2 million

DEPENDENTS AGES

• Spouse
• Unmarried male children under 22
• Unmarried female children of any age

KEY BENEFITS

• Right to live, work and study in the UAE
• International Business Hub
• Having up to three partners with one corporation registration

UAE RESIDENCY ADVANTAGES

KEY FACTS

Fast-track and straightforward application process.

4^th largest global hub for investment.

A 10-year golden visa can be granted to investors, entrepreneurs, and talented professionals.

A 2-year residency visa can be granted to the corporate owner(s) and dependent family members.

Having a competitive and open economy.

Having a high-quality education system with over 50 international curricula.

Access to world-class health services.

Offering a high-tech and luxurious lifestyle.

Low physical presence requirement, once every 180 days.

International banking system for both personal and business purposes.

GLOBAL MOBILITY

The right to live, work and study in the UAE.

Visa-free travel to Azerbaijan, Georgia, Maldives, Sri Lanka, Mauritius.

Gateway to two-thirds of the global markets as an international business hub.

ASSET PROTECTION

100% foreign ownership of corporations in mainland and free zone areas.

Tax haven for investors with zero personal income tax and 5% business tax.

Low costume tariffs.

Possibility of income from real estate option.

Having a geographically strategic location between Europe, Asia, and Africa.

Ranks 16^th in “Ease of Doing Business” globally.

INVESTMENT TYPE AND AMOUNT

Investment in a Corporation

^{No minimum investment requirement for Corporation}

A 2-year visa

Investment in a Real-estate

^{Minimum AED 2 million property acquisition}

A 5 to 10-year visa

Two years hold must be maintain for renewal

TIMELINE

WEEK 1

The applicant needs to either choose a real estate option or register a corporation.

In the real estate option, the applicant will confirm the property in person or online, sign the purchase agreement and make the deposit.

The first step in the formation of a company is to identify the nature of the business activity and register the trade name.

The MICS legal team apply for the initial approval and business license while you can choose the location of your business.

Depending on the business activity there might need the additional government approval letters.

The applicant’s identity document and passport copy are the required documents at this step.

The initial payment of the MICS professional fee along with all the government fees are due upon signing the agreement.

WEEK 2

The applicant has the option for an inland or outside visa application procedure.

The applicant needs to sign the power of attorney and pay its fees if he is not willing to sign the application in person in Dubai.

Once a POA is signed in the outside procedure (Kharej Aldoleh) or the applicant signs the application in person in the inland procedure (Dakhel Aldoleh), the immigration department will start the residence visa application.

WEEK 3

In both cases, the applicant needs to visit Dubai in person after the successful registration of the corporation or completion of purchasing the real estate, to perform the medical test and give the biometric data.

The results will be provided in 24 hours upon completion of the tests, and this is when the visa stamp will be finalized on the applicant’s original passport. The Emirates ID card will be issued in 10 days.

This last payment of the MICS professional fee balance will be due upon passport request by immigration.