Venturing into the UAE as an investor requires navigating several procedural steps to secure your UAE investor residence visa. While the process may seem complex, Instacorp is here to streamline your journey. This blog outlines each step involved in obtaining an investor UAE residence visa, complete with pricing details that you can enter manually.
1. Entry Permit & Residency Approval
The first and last steps in the process revolve around the entry permit and residency approval. Together, these steps form the core of your UAE investor residence visa application and cost AED 3,750. The entry permit allows you to enter the UAE to complete the remaining steps, and the residency approval grants you legal residency once all other requirements are met.
Pricing for Both: AED 3,750
Key Points:
Entry Permit: Valid for 60 days, enabling entry to the UAE to finalize your visa.
Residency Approval: Grants legal residency once all other steps are completed.
Applicable from Within or Outside UAE: While you can apply from within the UAE (on a tourist or visit visa), applying from outside can save additional costs like change of status fees and avoid prolonged stays in the UAE during the process.
2. Change of Status (If Applicable)
If you applied for your UAE investor residence visa while inside the UAE on a tourist or visit visa, you'll need to change your legal status to a residence visa. This is an essential step to formally alter your stay permissions in the country.
Pricing: AED 1,600
Key Points:
Necessary if applying from within the UAE.
Changes your legal status to a resident.
Avoidable if the entry permit is obtained from outside the UAE.
3. Medical Test
A mandatory requirement, the medical test includes an eye test and a blood test to ensure your fitness for residence. These tests are conducted at authorized Medical Fitness Test Centers across Dubai.
Pricing: AED 360
Key Points:
Includes eye test and blood test.
Conducted at Medical Fitness Test Centers.
Confirms medical fitness for residency.
4. Emirates ID Test (Biometrics - Fingerprint Scanning)
The next step is completing the Emirates ID test, involving fingerprint scanning. This biometric test is essential for receiving your Emirates ID in the UAE, which is a must-have for all UAE residents. The test is conducted at centers operated by the Federal Authority for Identity, Citizenship, Customs & Port Security.
Pricing: AED 370
Key Points:
Involves fingerprint scanning.
Essential for obtaining the Emirates ID.
Conducted by the Federal Authority.
5. Medical Insurance
Medical insurance is a mandatory requirement for obtaining a residence visa in the UAE. It ensures that you have access to healthcare services while residing in the country. The insurance plan must meet the UAE's regulatory standards. Instacorp is partnered with Orient Insurance and can assist with your insurance needs.
Pricing: AED 962, for basic medical insurance package
Key Points:
· Ensures access to necessary healthcare.
. Not mandatory for Visa issuance in Dubai.
· Must comply with UAE regulations.
· Instacorp is partnered with Orient Insurance and can provide tailored assistance.
Conclusion
While the investor UAE residence visa process involves multiple steps, Instacorp simplifies each stage, ensuring a seamless experience. From obtaining your entry permit to securing final residency approval, Instacorp is your trusted partner every step of the way in the UAE for residency approval.
Ready to start your investor visa application? Contact Instacorp today for expert guidance and support!