UAE-Residence-Visa-and-Business-Setup

UAE RESIDENCE VISA & BUSINESS SETUP

At Tanami Properties, we assist our clients wanting a Visa and establish a company in the UAE. We coordinate the entire visa processing service.

All non GCC Nationals who wish to reside in the UAE require a residency visa.

There are mainly two options for receiving a residency visa for business people and their family members in Dubai:

Upon purchase of Real Estate. Subject of total value of the property.

Setting up business in the United Arab Emirates.

UAE Property Investor Visa

Property Value

The UAE Property investor Visa requires that the property value must be Dh1 million or more. This is based on the purchase price on the title deed rather than the current property value when applying for the visa.

If a property is jointly owned (for example, husband and wife ownership), the shared value must exceed Dh1 million. This Dh1 million is also only applied to one title deed so you cannot consolidate all of your investments in order to try to obtain an investor visa.

Property Location and Status

The property must be completed as the title deed (in the name of the applicant) is one of the main requirements. The respective visas also only apply to freehold properties.

Property Type

Only residential properties are permitted for the purposes of the visas. Commercial projects are not allowed. In addition to this, the added requirement is that the property must be “habitable” – in other words, it must be in a good condition and suitable for someone to live in.

UAE Free Zone Residence Visa

The UAE is an increasingly popular destination for clients looking to establish residency by owning a property or a trading company. The UAE is an ideal place for HNWI’s and entrepreneurs to obtain residency, being strategically located at the crossroads of the world with a strong economy, and is openly welcoming people looking to work and invest. It has everything an investor could ask for, including some of the best healthcare and education systems in the world. Dubai, in particular, is a haven for investment and a major offshore financial centre for international trade.

Before you can apply for a UAE residence visa you first need a Free Zone Trade Licence. Once we have established the Free Trade Zone company for you, we will provide a complete visa processing solution that will supply all the prerequisites you need before you can live and work in the UAE.

We have over 10 years of experience in facilitating our clients’ residency goals, and making the necessary arrangements to help gain residency visas for those who wish to make use of the UAE’s zero corporate and zero personal tax benefits.

The UAE Residence Visa Procedure

If you are considering residency in the UAE, we will:

  • Collect you from your accommodation
  • Take you for medical and finger printing
  • Process the Emirates Identity Card
  • Collect your medical results when ready
  • Return passports complete with the visa stamped.
  • Assist in the opening of UAE bank accounts for companies and clients

Once you have been approved for a visa, UAE law dictates that individuals need to reside in Dubai for one day every 180 days to maintain a tax-free residency and to keep your residency visa valid.

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