Dubai – the commercial capital of the UAE is a city determined to retain its tradition while competing at the breakneck rapidity to embrace innovation and technology. Dubai is an international city and majorly occupied by expats, the city houses some of the best world-class businesses and employment opportunities.
Dubai, like all of the UAE’s Emirates, boasts its own Department of Naturalization and Residency. It’s also referred to as the General Directorate of Residency and Foreign Affairs, which is in charge of immigration and visas. The majority of those already residing in Dubai are foreigners holding a Dubai residence permit. Therefore, this allows them to settle in the Emirate.
Residence visas are only valid for a limited time and should be updated each year, or every two, or three years. The majority of immigrants come to Dubai to work, which is why their employers will manage all visa applications. Our company incorporation agents in Dubai, on the other hand, will assist with all procedures for people wishing to immigrate to Dubai to establish a company and gain residency.
So, if you are among those foreign investors or employment seekers planning to immigrate to Dubai here are few things you would like to know:
Why Should You Immigrate to Dubai?
This could be answered with more than one reason – be it the state-of-the-art infrastructure or mode of communication; quality of living, security, global exposure, education system, tax-free, multi-cultural workforce and the list goes on! But to top-it-all it is the range of commercial market and business laws the city offers that has attracted international businessmen and foreign investors.
A study conducted by the HSBC stated that Dubai ranked the second-best-country to do business in the world for expats to business. Going by the statistics in the year 2015 around 8,800 companies were registered at the Dubai Chamber of Commerce, while 22,000 SME’s were established – since then the region receives at least 4% of growth every year.
How to Immigrate to Dubai?
To get a visa to Dubai you either need a Dubai work permit visa or an Investor Visa There are several ways to immigrate to Dubai – the majorly adopted is by getting a permanent residency, in case you have a business in UAE or a job.
Dubai investor visa or permanent residency acquired by foreign businessmen who make important investments in the city – are granted three-year visas. Alike investor visa, businessmen entering a partnership in a company with an UAE national are also granted business partner visa in Dubai.
In other circumstances if you are applying for an employment visa, the visa will be provided to you by the appointed company that is valid for a maximum of two-years.
You can also apply for a permanent residency in case you have a family who can sponsor your visa, student visa and domestic helper’s visa.
How Can You Acquire a Dubai Residence Visa?
Dubai Residence Visa for an Investor / Employer:
To qualify for the investor visa, the foreign national must prove to own sufficient funds to make a significant investment into a Dubai company, or to start a business in Dubai. Documents are as follows – Entry Permit, Passport Copies, Trade License, Photograph for Visa application, Memorandum of Association, Service Agent Contract, Partnership Contract, List of Partners in the Company, Copies of Immigration Card, these are followed by medical procedures and stamping of the visa by the authoritative bodies.
Dubai Residence Visa for an Employee:
If you have a job in Dubai, a work permit and the Dubai residence visa are usually taken care of by the employer. Documents required for a Dubai Residence Visa for an employee are the Visa Application Form, Photograph for Visa Application Original and Passport Copies, Company’s Commercial License Copies, Employment Permit Issued by the Ministry of Labor and Application fee. This is also followed by medical and other labor procedures.
Things to Consider When You Immigrate to the UAE
1. Manage Your Visa and Work Permit
\You’ll require a visa and a work permit to reside and work in the United Arab Emirates. A work permit, sometimes known as a labor card, is required to work in the UAE. The Ministry of Human Resources and Emiratisation issues these papers (MoHRE).
Your company is legally obligated to arrange a work and residency permit for you to safely immigrate to Dubai. However, there are steps you may do to get the process started. Note that this is the paperwork that proves you have the authority to enter the nation. One of these can be obtained through the UAE’s e-channels portal or a variety of government-sponsored applications.
2. Take Care of Your Finances
Given the UAE’s role as the Middle East’s financial center, it should come as no surprise that obtaining financial services, such as opening a bank account, is rather straightforward. You’ll be able to make a quick phone call after your resident visa has been approved, and the rest will be taken care of for you.
Some expatriates choose to use foreign bank accounts, such as those established in their native country. Shifting to a local account, on the other hand, has advantages. It only takes a couple of days to set up an account. You can begin the process with your authentic passport, a copy of your visa and residency authorization, salary proof, and your Emirates ID.
3. Find Job Opportunities
Before you plan to immigrate to the UAE, you’ll need to get an employment contract. As you’ve probably already worked out, securing the appropriate papers to make your Dubai dream a reality would be difficult without a legal advisor like Shuraa.
If you’re thinking about migrating to the UAE, start looking for work on job boards like the Federal Government’s career portal or Dubai Careers. Agriculture, the oil business, and the e-commerce sector are all prominent industries in the United Arab Emirates. Therefore, you have a wide range of options.
To know more about Dubai or ways to immigrate to Dubai through entrepreneurship contact Shuraa Business Setup or log on to www.shuraa.com, drop us a quick enquiry and we will get back to you!
