How Much Money Require For UAE Residence Visa?

A UAE residence visa, as the name implies, is a permit that allows visitors from all over the world to stay in a Middle Eastern country for a set period. For those who join the UAE on a work contract, there are two more ways to get a UAE residency permit. You also have to invest in real estate or launch a business in the UAE.

Who Can Apply for a Residence Visa in the United Arab Emirates?

One of the following criteria must apply to you in order for you to be eligible for a UAE Residence Visa: 1. Employment Visa: This type of UAE residence visa is issued to individuals who have secured employment in the UAE, either with a government agency or a private company. To be eligible for an employment visa, you must have a valid employment contract or job offer from your employer. The employer usually acts as your sponsor and is responsible for processing your visa application. Employment visas are the most common type and offer the opportunity to work and live in the UAE. 2. Student Visa: A student visa is granted to foreign nationals who plan to pursue their education in the United Arab Emirates. To be eligible, you need to obtain admission to a recognized educational institution in the UAE. The institution will typically assist you in applying for a student visa. This type of visa allows you to reside in the UAE for the duration of your academic program. Read Also This - Setting Up A Hotel Business In Dubai 3. Family Visa: A family visa is available to individuals who have close family members residing in the UAE. Eligible family members include UAE nationals or foreign residents, such as children, parents, maids, or close relatives. If you have a family member who is a UAE resident, they can act as your sponsor to obtain a family visa. This allows you to join your family in the UAE and live together. 4. Investor Visa: An investor visa is granted to individuals who have made significant investments in the United Arab Emirates. The exact investment criteria may vary, but it typically involves capital investment, business ownership, or financial contributions to the UAE economy. Investor visas are designed to attract entrepreneurs, business owners, and investors to the UAE. This type of visa can lead to long-term residency. 5. Real Estate Investor Visa: The real estate investor visa is a specific type of investor visa for those who have purchased property in the United Arab Emirates. To be eligible, you need to own real estate in the UAE, such as residential or commercial property. Real estate investment is a popular pathway to obtaining a UAE residence visa, and it's often associated with long-term residency. 6. Retirement Visa: The UAE offers a retirement visa for older individuals who wish to retire in the country. To be eligible for a retirement visa, you typically need to meet certain age and financial requirements. It's essential to demonstrate that you have the necessary financial resources to support your retirement in the UAE. This type of visa is attractive to retirees looking for a peaceful and tax-friendly environment. Read Also This - Opt Right Business Setup Consultant In Dubai Each of these categories of eligibility serves a specific purpose and provides a pathway for individuals with varying objectives to obtain a UAE Residence Visa. Understanding the eligibility criteria is crucial for those considering a move to the UAE, as it allows them to explore the most suitable visa option based on their circumstances and goals.

The Various Visa Types Available to UAE Residents:

Different kinds of UAE residency visas are available depending on your purpose for travelling. There are various sorts of visas that you can choose from: 1. UAE Work Visa: Foreigners are given a UAE Work Visa if they have found employment in the UAE and obtained a Work Permit. 2. UAE Student Visa: A UAE student visa is given to foreign nationals who have been accepted to an educational institution in the UAE. 3. UAE Family Visa: Members of a citizen’s or foreign resident’s immediate family are granted UAE family visas. 4. UAE Investment Visa: The granting of a UAE Investment Visa to foreign nationals who make a sizable investment in the UAE will give them long-term residency. 5. UAE Retirement Visa: A UAE Retirement Visa may be granted to an older foreigner who wishes to retire in the UAE and has the necessary financial resources. 6. Freelancer Visa: The Work Remotely from Dubai program is open to freelancers in Dubai who want to work remotely.

How Long Does a UAE Resident Visa Last?

The duration of a resident visa is determined by its kind. The validity duration of the Golden Visa, for instance, varies from five to ten years based on the professional, business, and educational background of the applicant. Certain visas, like the student visa, have a one-year expiration date, but they can be renewed if you can provide evidence of continuous enrollment in classes.

What Procedures Are Needed to Obtain a UAE Residency Visa?

You should know the following things about the UAE residency visa application process: 1. Obtaining a Permit to Enter: Your sponsor must first obtain an identity permit from the Federal Authority for Identity and Citizenship. Alternatively, GDRFA or an authorized GDRFA typing center may provide it to you. 2. Apply for a Residence Permit: In the UAE, your sponsor must apply for an immigrant visa on your behalf. Read Also This - A Guide on Starting Your Own Business in Dubai 3. Pay the UAE Residency Visa Fee: When applying for a residence visa in Dubai, you must pay the application fee. In addition, the cost varies based on the duration of your resident visa. Furthermore, the visa is only good for two years for investors and employees. 4. Emirates ID and Visa Stamping: Upon acceptance of your application, the appropriate authorities will stamp your passport with a resident visa. This will act as your UAE resident card, granting you unrestricted mobility. In addition, you will receive your Emirates ID, which is valid concurrently with the visa.

What Kind of Proof Is Needed to Apply for a Dubai Resident Visa?

UAE businesses are required to follow the documentation guidelines.

Businesses in the UAE are required to follow the documentation guidelines set forth by government organizations. The following paperwork needs to be presented in order to apply for a resident visa in Dubai:

• A copy of your passport
• Passport-size photographs
• A copy of your entry visa

The kind of your residence visa may need you to submit additional documentation. The LegalRaasta Business Setup specialists can help you with the paperwork for your business.

What Is the Cost of UAE Residency Visas?

Our experts can help you with the residence visa cost in the UAE. They will carefully examine the requirements for your residence visa and the required paperwork before establishing the fee. 1. Ease of Business Setup: Having a UAE residence visa offers significant advantages when it comes to starting a business. The UAE is known for its business-friendly environment, with various free zones and incentives for entrepreneurs. With a residence visa, you can explore a wide range of business opportunities, from launching a startup to establishing a branch of your existing company. This ease of business setup can lead to financial growth and expansion. 2. Bank Accounts: UAE residents with a valid visa can easily open personal bank accounts. This is especially important for managing your personal finances, savings, and investments. It also provides you with the flexibility to manage your financial affairs more efficiently. 3. Dependent Sponsorship: One of the most valuable benefits of a UAE residence visa is the ability to sponsor your dependents, such as your spouse, children, or parents. This enables your loved ones to live with you in the UAE, access education and healthcare, and enjoy the quality of life in the country. 4. Strategic Location: The UAE's strategic location offers convenient access to both regional and international markets. It serves as a bridge between the East and the West, making it an ideal base for businesses that require global connections and access to various markets. 5. Global Connections: The UAE is a global business hub with excellent connectivity. Having a UAE residence visa provides you with access to a vast network of international partners, clients, and investors. It allows you to explore global opportunities and expand your business network. 6. Real Estate Investment: UAE residents have the option to invest in real estate, which can be an attractive long-term investment. Whether you're interested in residential or commercial properties, owning real estate in the UAE can be a sound financial decision. The UAE's real estate market offers a variety of options to suit different investment strategies. 7. Multiple Entries: With a UAE residence visa, you are typically granted multiple entries into the country during the visa's validity period. This flexibility is valuable for frequent travellers, business professionals, and those who want to explore the UAE and its neighbouring regions. 8. Safety and Security: The UAE is consistently ranked as one of the world's safest countries. With low crime rates, effective law enforcement, and a stable political environment, residents can enjoy a peaceful and secure lifestyle. This stability is particularly attractive to families and individuals looking for a safe place to live and work. Read Also This - Which is The Best Emirate For Branch Office Setup In Dubai By understanding these benefits in detail, individuals and businesses can make informed decisions about obtaining a UAE residence visa. It's a pathway to a wide range of opportunities, both in terms of business and quality of life. Partnering with LegalRaasta can streamline the process and ensure that you leverage these benefits to the fullest extent. LegalRaasta's expertise and support can help you navigate the complexities of the UAE residence visa application, making the journey smoother and more efficient.