The UAE Immigrant Investor Program is for overseas investors who are looking for an investor friendly program in a foreign land. UAE has appealed to rich and high net worth entrepreneurs from several years for real estate and business.
Residence visa can be obtained by overseas investors through the UAE Immigrant Investor Program. For this, they can set up a business or purchase real estate property in Dubai or other cities of UAE.
The investor visa of the United Arab Emirates offers provisional residence to the investors. It lasts for a period of 3 years, as quoted by the Investor visa AE. This visa authorizes the holder to work and live in the UAE. They are required to abide by all the laws in the UAE as well as a code of conduct during the entire period of residency.
20,000AED or 10,000AED must be deposited by the overseas investor to qualify for the investor visa with the government of UAE. The benefit of the investor visa is that it does not mandate a job offer from an employer in the UAE. This requirement is present for the other categories of UAE visa for overseas immigarnts.
The overseas applicant must also demonstrate that they possess adequate funds for this visa. They will be required to invest the funds into an existing firm in the UAE or launch a new business. The investment must be approved by the immigration authorities in the UAE for the visa approval.
Upon the approval of the visa from the UAE Consulate the investor can immediately move into the nation. The benefit of the UAE Immigrant Investor Program also includes exemption from taxes in eth UAE.
If you are looking to Migrate, Study, Visit, Invest or Work in UAE, contact Y-Axis, the world’s most trusted Immigration & Visa Consultant.