residence visa transfer for an investor or business partner in 2024

everything about residence visa transfer for an investor or business partner in 2024

13-Nov-2024 0
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When it comes to obtaining a new resident visa for a new employer, the transfer of a UAE residence visa is considered one of the alternatives for this activity. The "UAE residence visa" is the long-term preferred visa by the foreign employer and foreign national to reside in the UAE. A UAE work permit is required to get employment and do business in the UAE. The validity of a UAE residence visa remains for a long time. It can be three years or ten years for the ex-pats residing in the UAE. The "transfer of a UAE residence visa" can be a long process sometimes. 

READ ALSO: RENEWAL OF RESIDENCY VISA FOR A PERSON WORKING IN GOVERNMENT SECTOR FREE ZONE

Eligibility criteria for UAE residence visa

The transfer of a UAE residence visa for the family can easily be accomplished in a short period of time for sponsorship. It is possible to issue a UAE residence visa for a family member who is a partner or investor.  The partner or investor must earn a minimum of AED 4,000 to be eligible to apply for a UAE residence visa. Certain eligibility criteria and regulatory requirements must specifically be met before a Dubai residence visa is granted to a family member who needs to enter the country for a longer duration. The eligibility criteria that should be met for the UAE residence visa are:

  • The applicant is willing to work or get employed in the United Arab Emirates.
  • The applicant is looking forward to residing in the United Arab Emirates.
  • The applicant's family member is already staying in the country with a UAE residency visa.
  • The applicant must fulfil the minimum amount required for a UAE residency visa.
  • The applicant should also pass the health fitness test to be eligible for a UAE residence visa.
  • For retirement, joining a spouse, etc. in the UAE.

Document Requirements For Transferring UAE residence Visa

The most required documents for the transfer of the 'UAE residence visa for family members or business partners' are:

  • Passport: The national, valid passport of the sponsor is required. The applicant's or sponsored family member's passport is also required. Sponsors and sponsored members should both easily meet the passport requirements for the transfer of UAE residency visas.
  • Passport-size photograph: A photo of the sponsor in addition to the photo of the sponsored family member.
  • Identity registration or card: Documents showing verified identity registration are extracted for this visa process. It should not transcend the 3-month limited duration.
  • The partnership contract with the family member or partner of the sponsor.
  • The sponsorship transform form will also be required.
  • Medical certificate: The medical test and certificate should not be older than 3 months.

READ ALSO: RENEWAL OF RESIDENCY VISA FOR FAMILY MEMBERS OF A SPONSOR WORKING IN THE GOVERNMENT SECTOR FREE ZONE

Procedure for the transfer of UAE residency visa for a family member or investor

The service and facility are provided by the government for UAE residency visas for the family members who are also business partners or investors of the sponsor. One can apply for the transfer of a UAE visa for a family member through the GDRFA website or AMER Centre.

Transfer of Residence Visa Through AMER Centre

  • Visit the nearby AMER Centre to complete the UAE residence visa process for a sponsored person.
  • Collect and fill out the UAE residence visa application from the office, and select the service required.
  • Give supportive documents like a medical fitness certificate, passport, etc. to the authority.
  • Submit the UAE residency visa form with a fee.

Transfer of Residency visa for a family member through GDRFA Website

  • Open the official online portal of the GDRFA website.
  •  Register your account for UAE residency visa services on the GDRFA Website. 
  • Select the type of UAE visa service you want.
  • Fill out the relevant form and the important documents for the transfer of a UAE residency visa.
  • You will have to make the payment for the service of a UAE residence visa.

After submitting the application form and fees for the required service of a residence visa for the UAE,. The applicant will also get information regarding the status of the residence visa form. The message and email will both be forwarded to your contact number and email address. If the message contains information regarding missing documents,. Then attach the required invalid and misplaced document within 30 days. If you do not submit it in time, your service request or application form will be rejected. After the submission of important documents for the UAE residence visa, you will get approval for an application form.

READ ALSO: DUBAI RESIDENCY VISA IS ABOUT TO EXPIRE THEN HOW TO APPLY DUBAI TOURIST VISA

UAE Residency Visa Cost or Fee

The fee required for transferring a UAE residency visa for a sponsored family member is 150 AED.  The cost of a UAE residency visa for work and long-term stays is 100 AED.

Conclusion

The "transfer of a UAE residency visa" can be completed from the online website or through the AMER centres.

Apply Dubai Visa

Frequently Asked Questions

The United Arab Emirates has become one of the most attractive places to live. There are many expatriates who are investing in the UAE and moving to the UAE to live here. But the UAE has rules and regulations that must be followed by all the residents and expatriates living here. Due to the huge investment opportunities and the comfortable lifestyle, Dubai is one of the most popular places to live in the UAE. However, if you are an expat who has been offered a job or an investor visa in Dubai, you may have to apply for a family visa transfer. There are certain rules and regulations that you must follow if you want to transfer your family visa to Dubai from your home country.

If you want to buy a property in Dubai, you will need to be sponsored by a Dubai-based individual. This individual is also known as the sponsor. In order to get a 10-year residency visa, you need to invest in at least AED 1 million worth of property. This can be in the form of a villa, apartment, or plot. If you want to transfer your residency visa to the UAE, then you will need to bring along a copy of the lease contract, your passport, and your UAE residence visa. The same goes for the property owner. They just need to provide you with a copy of the lease contract, a copy of their passport, and their UAE residence visa. With all these documents in hand, you can now apply for the transfer of your residency visa.

The family members of the sponsor or investor in the UAE can be transferred to the UAE by a simple three-step procedure. The family members of the investor will be given a one-year residence permit. This residence permit can be renewed for an unlimited time. If an investor is not able to transfer the family of the investor to the UAE within one year of the investment, then his investment will be cancelled and he will be deported from the UAE.

The UAE has started to grant a new type of residency visa to the family members of the investors and the investors themselves, which is called the UAE Silver Residency Visa. The residence visa is valid for 3 years, and it can be renewed upon completion of the required conditions or requirements, as stated below in this article, as long as the sponsor continues to stay in the UAE and the applicant continues to be a family member.

A lifetime investor visa is one of the most popular business and investment visas in the UAE. It can be obtained by a sponsor who is a UAE resident or a non-UAE resident, or by a family member. The investor visa is available for a period of 10 or 20 years, but can also be obtained as a lifetime visa. The visa will be issued to a family member of a UAE resident who is the investor partner. The investor must be at least 18 years of age and the sponsor must be at least 25 years of age. If the sponsor is a UAE national, he or she must be at least 21 years of age. Both the sponsor and the applicant must be free of any criminal record.

The UAE is among the most sought-after countries in the world when it comes to emigrating and settling down. Apart from the top-notch quality of life, the country has a lot of potential for diverse businesses. For this reason, a lot of people are interested in moving to the UAE. However, the process of transferring your UAE residence visa to a family member of the sponsor who is an investor partner is a little different from what is required for other applicants. This is because you are required to fulfill some additional requirements. For instance, your sponsor must be an investor partner. This means that he/she must be a partner of a company that is registered in the UAE. You will also have to prove that you have a steady source of income. Apart from that, you must also submit the required documents.

An investment visa is a kind of visa offered by the UAE that permits investors and their families to stay in the country permanently. The applicants must be prepared to invest in a particular firm with a specific amount of capital that is determined by the UAE Ministry of Finance. An investment visa is the most convenient way to obtain UAE residency. If the investor agrees to provide a residence to his family members, they can obtain a family residence visa.

The UAE government has announced that the sponsor of the family members of a partner visa will not be required to exit the UAE to obtain the family visa. The family visa is similar to the ordinary visa except that it attracts taxation and is only renewable with the permission of the sponsor. The validity of the visa will be for the same duration as the visa of the sponsor.

If some of the documents are missing or invalid. Then you will get the message or Email regarding missing documents. You should attach or submit the necessary documents within 30 days.

If you are a family member of an investor partner, you can hold your visa in Dubai for as long as your sponsor’s visa is valid and If you are a sponsor and have an investor visa, you can stay in the UAE for a maximum of five years. The family visa is a permanent residence visa for the wife and children of the sponsor. The family visa is generally issued for a period of 5 years, but it can be extended for a period of one year at a time. After that, the sponsor can apply for a long-term visa. The family visa is transferable to another sponsor. If the sponsor is a partner in a business, the family can be transferred to the name of the business.

There are several reasons that people in Dubai may need to renew their sponsor. This is a common problem faced by people who are dual citizens and want to move to Dubai. If you are the investor partner or sponsor of a family member who has an employment visa in the UAE, you can transfer the sponsorship to another investor partner or sponsor in the UAE when you leave the country. But if you are a foreign citizen and have an Emirati sponsor, you might find that you are unable to transfer your residency visa to Dubai or move your family to Dubai unless you change your sponsor. This is because regulations in the UAE state that foreigners cannot change sponsors. So, in order to make the change, you will need to apply for the sponsorship of another UAE national.

A UAE silver visa is a multiple entry visa that is valid for 3 or 5 years. It is issued to the family members of a UAE resident sponsor. Family members include the sponsor's spouse, parents, children, and siblings. The sponsor or investor in the UAE must be a UAE national or must have resided in the UAE for at least a continuous 3-year period. Investors are classified as active or passive. Active investors are those who own a company and our shareholders. Passive investors are those who have invested in the UAE.As being eligible for a UAE silver visa, the sponsor must be a partner in a UAE firm. A family member of an individual who is a partner is eligible for a UAE silver visa.

A residence visa is a category of visa that the UAE issues to expatriates for those who seek to live in the UAE. A residency visa is issued for different types of residency, such as investor visas, sponsored visas, employment visas, and collective visas. A residency visa is issued to expatriates for a certain period of time, and then the sponsor can extend the visa for them. The holder of the residency visa can work and stay in the country for the period of time that is written on the residency visa. If the sponsor wishes to change the residence type of the holder of the residency visa, he can do so by making the necessary changes, such as the sponsor changing his residency type to the investor visa, and then transferring the investor visa to his family members.

The UAE's Visa and Residence Permits Department has eased the residency transfer process for family members of an investor partner. The investing partner must apply to the government to transfer the family member's resident visa.The department will then allow the family member to exit the UAE and re-enter on the new visa. In the past, the family member would have to exit the UAE for at least one month before the department would allow them to re-enter on their new visa.

The UAE has a popular residency program for expatriates interested in investment opportunities and long-term residence. The UAE has a popular residency program for expatriates interested in investment opportunities and long-term residence. This program is called the UAE Golden Visa program, which is also sometimes referred to as the UAE investor visa. In this post, we will discuss the requirements of the UAE Golden Visa program, as well as some of the benefits available to those who qualify. If you are interested in this program, please contact us to discuss your potential eligibility.

In the UAE, you can get a residency visa by investing in real estate, in business, or in your own business. The UAE is the most liberal country in the world when it comes to visas and residency. The UAE government has introduced the concept of "golden residency," which is basically permanent residency. The golden residency is valid for 2 years, and you can renew it if you meet the renewal requirements. The golden residency fee is 100,000 AED, which is a fairly good price to pay for living in the UAE for a long time.

The UAE is going to introduce the possibility of getting a residence visa for family members of investors. This will allow the sponsors to bring their family members to the UAE for a visit and to get a taste of the UAE lifestyle before investing in a property. The residence visa will be valid for a year and will give the holders the opportunity to visit the UAE. The cost of a residence visa in Dubai could be AED100, and the family members will be allowed to visit the UAE for a period of up to 6 months during the validity of the residence visa.

The UAE has confirmed that the new visa policy for investors and their family members will be optional. The policy, which will be implemented later this year, is designed to attract more investors to the emirate. The visa will be valid for a period of two years, with the option to extend the visa for up to a further three years. The visa will be available to applicants over the age of 18 and can be renewed. The visa will not be available to dependents of investors, who must apply for a separate visa. However, it will be available to the investor's spouse, parents, children, and brothers and sisters.

You can legally transfer your visa from one company to another if you are employed by the sponsor. Unless you are the family member of a sponsor who is an investor partner in a business, you can transfer your residence visa from one company to another as well. This can be done if you are sponsored by your father or husband, or if you are the wife of a sponsor. The sponsor is chosen by the company. In the case of an employee, the sponsor is the company, and the sponsor cannot be changed by the employee. The sponsor has the right to cancel the sponsorship of the employee. If the employer cancels the sponsorship of the employee, the employee has to leave the UAE.

In the UAE, running a business is quite a hassle-free process. There is no longer any paperwork and no complicated laws and rules. However, if you're a part of an LLC in the UAE, then you need to know about the termination of a partner. If you're the investor partner of an LLC in Dubai or the UAE, you can easily terminate or remove a partner from an LLC. In such cases, the partner may want to take over the responsibilities of the company alone. You will need to file the right documents with the right government bodies. The process will be quite complicated for a layperson, and it is best to hire the services of an experienced lawyer.

If your sister is a resident of a country outside the UAE, she can be sponsored for entry into the UAE on an immigration visa and If you are a resident of the UAE and own a UAE company, you can sponsor your husband and children under 21 years of age for UAE visas. However, an additional residence visa issued by the Ministry of Finance and Industry will have to be applied for by your sister. The rules and regulations have changed a lot since the UAE launched the investor visa and the investor visa was made available to all investors who have invested their money in the UAE and are either doing business or self-employed.

A citizen who has been sponsored by an investing partner, he can also obtain a residence visa in the UAE for his family members. The UAE resident visa is one of the greatest alternatives for UAE immigration since it allows expatriates to work and travel in the UAE. When the visa expires, the international can transfer the residence visa for friends and family. The family member of the sponsor who is an investor can be eligible to get a residency visa after the expatriate sponsor gets the residence visa in UAE. The residence visa can be transferred to the spouse, parents, and children of the expatriate.

A visa is an official document issued by the immigration department of a country that allows a visitor to travel to and enter a country. A visitor may be a tourist, a business person, or an immigrant. In the UAE, there are different types of visas for visitors depending on the reason for entry and the nationality of the visitor. These visas are visit visas, work visas, student visas, transit visas, and residence visas.

Indeed, sponsoring relatives to move to the UAE is a very simple procedure that is done through the sponsorship of a relative by a resident of the UAE. The investor or sponsor must fulfill certain requirements before he or she can sponsor a relative. However, to transfer a UAE residency visa for the family member of a sponsor who is a partner in a company, along with the family member’s dependants, It is subjected to a few criteria, such as the family member and the sponsor must have entered into an investment partnership agreement, and the sponsor must have registered the partnership with the Ministry of Economy and received the partnership registration number. The family member must have registered the partnership with the Ministry of Economy and have received the family member’s partnership registration number.

In the UAE, a partner visa is granted to the family member of a UAE citizen or resident. It is a non-renewable, two-year visa. The family member of the sponsor can apply for an employment or self-employed visa after two years. The family member of the sponsor can apply for an employment or self-employed visa after two years. A family member of the sponsor is eligible to apply for an investor visa if the sponsor is a partner. To be eligible for a partner visa as a family member of an investor partner, the family member must be included in the investor's application and must have a financial investment in the UAE.

The UAE residency law in the case of investors is quite open to interpretation, and the UAE has recently issued a new law on immigration. This law is designed to make immigration and residency laws more uniform across the UAE, or at least to make them more understandable to the average expatriate. The new law makes it possible to get a UAE residency visa even if you are not a shareholder in the business, so long as you have an investor partner who is. This means that you can transfer a UAE residence visa to your family members in the UAE even if you aren’t a shareholder in the company you work for. However, the company must be at least listed. This new law has made life a lot easier for investors who are not shareholders but who want to sponsor their families.

If you are a family member of a UAE national and you are looking for a job in the UAE, you can choose to come on a visit visa and then sponsor yourself. And meanwhile, if you are a UAE resident, you must be at least 21 years old. You can also sponsor your family members for the UAE residency visa. The sponsor can be either a UAE national or a UAE permanent resident. However, the sponsor has to be able to financially support his family members. If the sponsor is an employee, they should be earning at least AED 10,000 per month.

If you want to visit the UAE on a visit visa and then want to stay in the UAE for a long time and want to transfer his/her visa to a resident visa, he/she should have a sponsor to transfer his/her visa to a resident visa. A sponsor is a person who is responsible for the applicant. The applicant is called a "sponsored person." The sponsor should be a UAE national and should have a UAE residency visa or should have UAE citizenship to transfer the visa to the sponsored person.

The UAE residency visa is the visa issued by a foreign national for residing in-country for a certain reason.

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