Establishing a business in the UAE is a promising venture, thanks to its business-friendly environment and streamlined administrative processes. One of the most appealing offers for entrepreneurs is the "Free Visa for Life" provided by IFZA, facilitated by Instacorp. But what exactly does this offer entail, and how can it benefit your business? This blog will guide you through the details of this exceptional offer, ensuring you understand its value and how to avail it. For expert guidance and seamless support, Instacorp is your go-to partner.
Understanding the "Free Visa for Life" Offer
Before diving into the specifics, it's essential to know what the "Free Visa for Life" offer includes and excludes. This offer covers the entry permit and residence visa approval fee, amounting to AED 3,750. However, other associated costs are not included:
Medical Test: AED 360, The medical test involves an eye test and a blood test conducted at the Medical Fitness Test Centers located in Dubai. This ensures that the applicant meets the necessary health criteria for a residence visa.
Emirates ID: AED 370, The process for obtaining an Emirates ID includes a biometrics test (fingerprint scanning) performed at the Federal Authority for Identity, Citizenship, Customs & Port Security Centers located in the UAE. After the biometrics test, the Emirates ID card is printed and delivered to the applicant.
Change of Status (if applicable): AED 1,600, The Change of Status process applies to visa applicants already in the UAE on a tourist or visit visa. If you're outside the UAE and setting up your company online, you can apply for your visa remotely. After receiving your entry permit, you can travel to the UAE directly with this permit, avoiding the need to change your status once you arrive. Upon entering the UAE, you will need to complete the medical test and Emirates ID application. Instacorp can guide and assist you throughout this entire process to ensure everything goes smoothly.
By saving AED 3,750 on initial and renewal costs, you can significantly reduce your startup expenses.
Requirements and Conditions for Eligibility
The offer is straightforward and flexible. By applying for your business license with at least one visa quota, you qualify immediately and remain eligible for the offer throughout your company's lifespan, as long as you maintain a minimum visa quota of one. Here are the key points:
Duration: The offer extends for the entire lifespan of the company.
Eligibility: Anyone applying for a visa under the company can benefit.
Visa Quota: Maintain at least one visa quota at all times to keep the offer valid.
Additional Obligations and Costs
It's crucial to be aware of certain obligations and additional costs that come with this offer:
Visa Cost Adjustments: If the Dubai Naturalisation and Residency Department (DNRD) increases the cost of visa issuance or renewal in the future, you will need to pay the difference. Conversely, if the visa term length decreases, you will be liable for the proportionate cost.
Excluded Costs: The offer does not include costs for the Establishment Card, status change fees, investor/partner title charges, VIP services, or medical tests and Emirates ID card issuance.
Non-Transferability: Once issued, the "Free Visa for Life" is non-transferable. However, if the initial applicant is rejected, you can propose another applicant from the same company for an additional fee of AED 500.
Impact of Visa Quota Changes
Whether you decide to upgrade or downgrade your visa quota, you must maintain at least one visa quota continuously. This ensures that you can use the "Free Visa for life" at any time.
Comparing Costs with Other Free Zones
When compared to standard visa costs and renewal processes in other free zones, this offer stands out as highly beneficial. Saving AED 3,750 on initial and renewal costs provides a significant financial advantage for new businesses.
How to Avail the Offer
Instacorp, as a channel partner of IFZA, is dedicated to making your business setup process smooth and hassle-free with expert guidance and exclusive offers like the "Free Visa for Life".
If you're interested in this incredible opportunity, follow these simple steps:
Click Here to Sign Up: Visit Instacorp's portal.
Submit Your Application: Follow the easy step-by-step process to provide all necessary information and documents.
Don’t miss out on this exceptional opportunity to save on visa costs and streamline your business setup. Sign Up with Instacorp today and take full advantage of the "Free Visa for Life" offer from IFZA. By doing so, you're not just saving money—you're making a strategic investment in the growth and sustainability of your business.