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Presented By : Larana Corporate

Investors often ask: ‘How can I get residency in the UAE?’ There are
three primary ways to acquire a Dubai residency visa:rs.

Purchase and Register a company


Employment own property in the UAE
To ensure your stay, you must The UAE government grants five-
Gaining employment with a company meet the residency visa or 10-year visas (Golden Visa) to
in Dubai can grant you two- or three- requirements. Therefore, you can
Indian entrepreneurs in
years’ UAE residency. This depends purchase real estate. Your
property value should be worth at recognition of their contribution
on the jurisdiction in which the
least AED 1 million (approximately to furthering the UAE’s
company operates. Furthermore, the
USD 272,000). In this case, the economy. However,
company will be responsible for visa is issued for three years. entrepreneurs must meet the
applying, sponsoring, and renewing However, property investors are investment criteria set by the
your residency visa. not allowed to work in Dubai or
government to be eligible for
the UAE.
the Golden Visa.
Here’s what you need to know about the UAE
residence visa 2024 requirements, process, and
application:

UAE Residence Visa Requirements


Understand the visa requirements and prepare the following
documents:
1. Fill-in the UAE residency visa application form
2. A copy of your original passport
3. Two passport-sized pictures, ensuring they meet the UAE
visa photo requirements
4. Your original entry visa and its copy
5. A proof of your sponsor’s legal residency in the UAE
6. The pass certificate of your medical fitness test
7. A copy of your health insurance plan, if required
8. Copies of the company’s trade license and establishment
card
9. For a family visa application, you need proof of family ties.
Furthermore, these include birth or marriage certificates
attested by the UAE embassy in their home country.
UAE Residence Visa Process
The Dubai residence visa application process includes several
steps that must be followed correctly and carefully. The step-
by-step process for obtaining a Dubai residence visa in 2024:

1. Obtain entry permit 2. Apply for residence visa


First, your sponsor has to obtain an entry
Your sponsor needs to apply for your
permit from the Federal Authority for Identity
immigrant visa in the UAE at the GDRFA.
and Citizenship’s online portal. Moreover, it’s
also available on the General Directorate of Therefore, always collaborate with
Residency and Foreigners Affairs (GDRFA) Shuraa and we’ll help you apply for the
website. In addition, this can be done in same by managing your Dubai
person from one of the licensed GDRFA typing residence permit.
centers.

3. Pay UAE residence visa cost 4. Visa stamping and Emirates ID


At the time of application, you will have to pay Once your application is approved, the
a UAE residence visa cost. Furthermore, the fee GDRFA will stamp your residency visa on
varies depending on your residency visa your passport. Furthermore, this will work as
validity. Furthermore, the residency visa validity the UAE residence permit allowing you to
for the employees and investors is different. In travel freely in the country. In addition, you
addition, the visa is valid for three years for will then receive your Emirates ID, which will
investors and two for employees.
be valid for the same duration as the visa.
UAE FAMILY VISA RULES FOR 2024
1. Copy of all the 2. Sponsor’s visa
4. Original
bio pages in copy
Emirates ID of
sponsor’s 3. Passport-sized the sponsor
passport pictures

7. You can sponsor


5. Proof of Ejari daughters as long as
6. A soft copy of
(tenancy) they are unmarried
the labour contract
registration and sons up to the
age of 21

9. Passport copies of 10. The UAE immigration


8. An attested soft copy guidelines specify that you
of the marriage spouse and children need to earn a minimum
certificate and birth along with the recent monthly salary of AED
certificates of children, coloured, passport-size 4,000. Moreover, you must
have an accommodation to
if applicable photographs
sponsor your family
BENEFITS OF A UAE
RESIDENCE VISA
Seamlessly start any business in the country

Open personal bank accounts, apart from a

corporate/salary account

Sponsor dependents

Strategic location provides close proximity to home

country

Excellent international connectivity

Buy and invest in a property in the country

Multiple entry into the UAE during the visa validity

Live and thrive in the world’s second safest country


How Much Does UAE Residence Visa Cost?

Type of Visa Fees Additional Costs

AED 1,500 (refundable


Spouse AED 3,000 –
:- deposit, if applicable)
AED 4,000

Children AED 3,000 –


AED 1,500 (refundable
:- deposit)
AED 4,000

Employment (depends on your AED 5,000 –


employee’s designation) :-
AED 7,000 ---
Invest (Includes Emirates ID, change of
AED 4,000 Medical insurance
status, medical test and visa stamping) :- (approx.)
DUBAI VISA FOR INDIAN
ENTREPRENEURS
The UAE is a popular destination among Indians for business
and residency. Therefore, this is why Dubai has been home
to Indians for several decades, by way of employment,
investment, and entrepreneurship. Moreover, residing in the
UAE requires having a residency visa. Furthermore, it’s the
official permit granted to foreign nationals. In addition, it
allows them to live in the country for extended periods with
a pre-decided grace period.

Furthermore, the UAE government also grants five-year and 10-


year residency permits to Indian entrepreneurs under its golden
visa programme. It aims to enhance the ease of doing business in
the country. However, the business owners must have an
established business worth at least AED 500,000. Furthermore,
it should be approved by a UAE accredited business incubator.
Moreover, for the five- and 10-year permit they have to make
deposits of AED 5 million and 10 million respectively.
RESIDENCE VISA RENEWAL COST

The UAE residence visa renewal cost depends


on the type:

EMPLOYMENT VISAS
One-time government fee
Labour fee based on the category of your
company
PRO service charge
Medical test and Emirates ID
Insurance fee for people with limited skills
category
PARTNERS OR INVESTOR VISAS
Medical typing fee
Emirates ID typing
Residence visa typing fee
PRO service charge

PARTNERS OR INVESTOR VISAS


Securing a residency visa in the UAE involves
rigorous documentation. Moreover, you must
know all the legal procedures involved in
procuring this visa for error-free processing.
Therefore, you should connect with the visa
consultants at Shuraa Business Setup.

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