The UAE provides many investment opportunities for all small businessmen. It offers many advantages and facilities that have made it one of the most important and prominent investment destinations. Therefore, project owners are looking for how to convert residency into an investor to enjoy the advantages that the country offers. The Tasyeir Company facilitates all procedures for this thanks to its strong relationships with the competent authorities there, as well as the extensive experience possessed by the work team.
Transferring residency to an investor
The Dubai residency visa is one of the most important visas granted to investors who wish to establish themselves. Their family or their businesses there.
It is also one of the wonderful opportunities that any investor seeks to benefit from. And enjoy the benefits of a dynamic business environment and easy access to global markets.
The investor visa has some characteristics, including the following:
- Privileges: This visa offers many benefits and facilities, which in themselves are a group of privileges, which include the right to reside in Dubai for a certain period. And the right to work in the company that you own or invest in, as well as enjoyment of health, banking. And educational services, along with obtaining residency for the rest of your family members.
- Qualification conditions: Anyone who wishes to obtain residency in Dubai is required to meet a number of basic requirements.
- As well as, it includes good conduct, the business meeting certain standards. And reaching a specific level of financial investment.
- Application steps: Investors must adhere to all application procedures and steps to convert residency to an investor.
- This includes completing the necessary forms, submitting documents, and paying the imposed fees.
- The visa application is evaluated in accordance with the legal legislation. And official procedures in force in the relevant authorities.
Conditions for an investor’s residency in the Emirates
The United Arab Emirates, which includes many important cities, led by Dubai, offers a residence visa for a period of up to 10 years to a specific group of distinguished people and investors.
However, obtaining such a privilege requires the fulfillment of a set of conditions, which are as follows:
- Good Conduct: The investor must have a register of good conduct.
- A certificate may be presented stating that his register is free of judicial or criminal records or any documents proving good reputation.
- Good business record: Anyone who wants to invest in the Emirates is required to have an excellent business register to ensure his success in the project in which he will work. This may include submitting some documents proving his competence at work.
- Commercial activity: The investor must own an existing commercial activity in Dubai or any emirate of the Emirates. This can be achieved by formation a company or investing in an existing one.
- Financial investment: Investors must reach a certain level of financial investment, which is determined by the relevant authorities according to approved standards and principles.
After fulfilling the conditions for transferring residency to an investor. It must be taken into account that these provisions may change or undergo any amendment. Therefore, you should consult any companies specialized in that field, such as Tasyeir company.
Documents required to obtain an investor visa
The competent authorities usually request the preparation of some official papers or documents to obtain an investor visa in the Emirates. The most important of which are the following:
- Submit the investor’s passport, provided that it is valid, along with a copy of his personal pages.
- As well as, fill out the visa application form, which can be obtained either electronically or from the competent authorities.
- A recent, clear personal photo of a specific size determined by the relevant authorities.
- As well as, submitting the investor’s commercial certificate proving ownership rights and commercial activity.
- Providing financial business records, which include current and previous financial reports.
- As well as, bring a copy of the commercial register.
- The investor may be asked to submit a detailed plan for his or her business venture that includes financial projections, strategy, and goals.
- As well as, certificates proving good conduct and conduct. And that the criminal record is free of any crimes.
- A certificate proving financial resources issued by a bank.
- As well as, it may also be requested to provide any other certificates related to the company’s field of work.
In conclusion, you can transfer your residency permit to an investor with Tasyeir company that helps you invest easily in the Emirates and through legal methods at the lowest costs.
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