Wednesday, June 22, 2011

Investor Visa in UAE

 For investor visa ,expats in a commercial license in UAE will be required to pay AED 10,000 as security deposit if his shareholding is equal to Dh 70,000 or more. If his shareholding is less than Dh70,000 he will be required to pay Dh 20,000 as security deposit.
A partner in a professional license will be required to pay Dh20,000 as security deposit, from which a partner holding a bachelor degree in the same field of his license business will be exempted.

DOCUMENTS REQUIRED :
  • Passport copy
  • One Photograph (white background) for Visa application
  • Copy of Memorandum of Association
  • Trade Licence Copy
  • Partners List
  • Immigration computer card copy
  • Last three month's Bank Statement (if the company is old)
  • Two Photographs for Medical
  • Two Photographs for visa stamping
  • 10,000 Deposit receipt original + copy
  • Original Medical Certificate

INVESTOR/PARTNER VISA EXPENSE
DESCRIPTION
AMOUNT in AED
NOTE
INVESTOR VISA APPLICATION
220

DEPOSIT (L.L.C. Partner)
10020
20020 for professional licence partner/investor
GET VISA INSIDE THE COUNTRY
530
If the applicant is inside UAE
VISA POSITION AMENDMENT
530
If the applicant is inside UAE
MEDICAL
300
charge varies according to hospital
VISA STAMPING
370
100 extra for Urgent submission
TOTAL
11980
Typing charge extra

Renewal of a partner's/Investor's residence Visa
Required Documents:
• Prepaid e-form application
• Applicant's original passport
• 2 photographs of the sponsored partner
• Original medical certificate
• Copy of valid commercial license
• Copy of the partnership contract attested by Notary Public
• Copy of receipt proving payment of the partner's security deposit:
Fees & Collection
Dh 370 for 3 years  (Typing charge extra).
Dh100 extra for urgent delivery.
Dh 15 for ordinary delivery by Empost.
Special Notes:
All fees for Residence permits shall be paid at the typing offices, while all securities shall be paid in cash to the bank at the Section hall. Fines for overstaying 17 days or less shall be paid in cash to the Fines Collection staff at the Section hall, while fines for overstaying longer than seventeen (17) days shall be paid cash to the bank at the Section hall.