The United Arab Emirates is one of the most dreamy countries in the world to do business and trade. The existence of zero percent tax in the UAE has caused a large number of international businesses to be active in Dubai and other areas of the UAE. They want to boost their business by establishing a company in the UAE. In this article, we are going to examine the methods of Obtaining a residence in the UAE (Dubai).
In this article, different ways of obtaining UAE (Dubai) residency will be fully reviewed. These ways are:
- by buying propert
- by investment and registering a company (license partner of the Emirates (Dubai)
- by education
- by working
- by marriage
Then the advantages and disadvantages of the residence in the UAE methods will be stated.
As a reliable immigration company, Coverdale is a provider of Dubai tourist visa services and etc. It providing all services related to the license partner of the Emirates (company registration in the UAE). If you need Coverdale services in these fields, you can contact our experts. Our business setup consultants can help you with customized company formation solutions that are hassle-free, affordable, and suitable for your business.
Obtaining a residence in the UAE: from rumor to reality
In general, it is possible to obtain UAE residency through ways such as buying a house, registering a company in Dubai and partner license, studying and working. In this article, we are going to tell you the facts about Obtaining a residence in the UAE, away from any unrealistic advertisements. Because many of the contents published on websites and social networks about obtaining residence in the UAE are either advertising lies or they do not state all the truth about obtaining residence in the UAE.
Therefore, in this article, we have tried to examine the methods of obtaining obtaining UAE residency along with its advantages and disadvantages and increase your awareness in this field. First of all, we will discuss whether it is possible to obtain a permanent residence in the UAE or obtain a passport of the UAE or not.
Types of residence visa in UAE
At the very beginning, we must say that the UAE has very strict policies in the field of granting UAE passports to immigrants, or rather, the UAE does not have any immigration policy to grant passports to foreign citizens. Most of the residence permits issued to citizens of foreign countries are mostly 3-year and renewable, and there is no such thing as a permanent residence permit in the UAE.
Foreign citizens who receive UAE residency must renew their residency every few years. Although there is generally no special problem in the field of extending UAE residence, it is not easy to claim that you can get UAE passport or UAE permanent residence in a short period of time. Obtaining residence in the UAE by any method is only a type of temporary and extendable residence.
Obtaining residence in the UAE by buying a property
One of the methods of obtaining UAE residence that has been talked about and advertised a lot recently is Obtaining residence in the UAE by buying a property. Many ads for buying property in Dubai claim that permanent residence in Dubai is possible by buying property. Some exaggerate more and claim that it is possible to get a UAE passport by buying a property.
But we must clearly say that obtaining obtaining UAE residency by buying a property is a 6-month or two-year residence. You must renew your residence after the end of your stay. Also, obtaining UAE residence by buying a house does not allow you to work in this country. You must obtain other permits to work in the UAE and Dubai.
Dubai is one of the most popular cities in the UAE to buy property. Many foreign nationals buy a house in Dubai in order to invest and obtain Dubai residence. Investing in Dubai real estate, if done with a correct economic insight, can lead to great profits for the investor, but the buyer of property in the UAE should always be aware of scams in this field. In the following, we will explain the complete conditions of obtaining Dubai residence by buying a property.
Conditions for obtaining residence in Dubai by purchasing a property
Foreign citizens cannot acquire UAE residency by simply buying a house in Dubai and must do so under certain conditions. The conditions for Obtaining a residence in the UAE (Dubai) by purchasing a property include the following:
- To obtain UAE residency, the price of the property purchased in Dubai must be at least 1 million dirhams. Keep in mind that the criterion for the price of the house is the price mentioned in the property document and the current value of the house is not the criterion. For example, if the price of a house in the property document is 900,000 dirhams, but the current value of the house in the market is 1 million dirhams, you cannot obtain UAE residency.
- If several people are partners in the house document, each person’s share must be at least one million dirhams in order to obtain residence in the UAE.
- The deed of the purchased property should not be in mortgage or collateral.
- Residence in the UAE is not granted for buying a pre-purchased house that does not yet have a title deed. It is necessary to have a house document to obtain UAE residence.
- In most cases, the property you buy in Dubai has costs such as building maintenance charges or the cost of air conditioning. The owner must also pay these costs monthly or annually.
UAE residence visa benefits | Advantages and disadvantages of buying property in UAE and Dubai
- If the property is purchased with economic insight, it can be a very good investment.
- Obtaining residence in the UAE
- Living in the modern city of Dubai
- Benefiting from the modern facilities of Dubai houses
- In order to obtain residency in the UAE by purchasing a property, you must spend at least one million dirhams.
- According to UAE law, the property purchased by you cannot be inherited.
- There are two types of housing ownership in UAE laws, in absolute ownership you are also the owner of the building land and in other ownership you are only the owner of the building and the nobles. Therefore, most of the foreigners are only the owners of the building and not the owner of the building land.
Obtaining UAE residency through investment and company registration
Company registration in the UAE and Dubai is considered the best way to obtain residence in the UAE. Among the benefits of registering a company in Dubai, the following can be mentioned:
- Ease of business setup
- Complete the process in 7 to 12 working days
- No need for an Emirati partner
- Recruit expatriate employees
- Obtaining a three-year residency
- No taxation
- No attendance requirement
- Providing special accompanying services
- More than 20 Dubai free zone
- Exceptional government support
The tax rate for foreign companies operating in the UAE is zero percent. For this reason, the UAE is one of the most popular business destinations in the world. Many people take advantage of the good tax and business conditions in the UAE to register a company in this country and in this way increase their business scope at the international level.
Company registration in Dubai allows you to exchange goods and services with other countries and make international payments without the slightest problem. Company registration is possible in the cities of Dubai, Abu Dhabi, Ajman, Sharjah, Ras Al Khaimah, Fujairah, Umm Al Quwain.
But due to Dubai’s strategic position in global trade, company registration in Dubai is more popular than other cities in the UAE. Investors can register various types of companies in the UAE and Dubai, which we will talk about in the next section about the conditions of company registration in the UAE.
Company registration conditions in UAE and Dubai
All the steps of company registration in Dubai usually take 7 to 12 days and can be done without having an Emirati partner. Before this, to register a company in Dubai, having an Emirati partner was required. Previously, it was not possible to register a company without having an Emirati partner and 51% of your company’s shares must be in the name of an Emirati partner. But currently there is no such law. Now applicants can register a company in Dubai without having an Emirati partner.
It should be noted that there is no limit to the type of registered company in the UAE. According to the investor’s request, different companies can be registered in the UAE. There are no restrictions regarding the company’s location. Applicants can register the company in Dubai, Abu Dhabi, Ajman, Sharjah, Ras Al Khaimah, Fujairah, and Umm Al Quwain.
Obtaining Dubai residency through company registration
Foreigners can get a 3-year residency in Dubai for themselves and their families if they register a company in Dubai through a Dubai license partner. Dubai residency through company registration can be extended again after three years. It should be noted that obtaining residence in the UAE by registering a company is only suitable for investors who intend to internationalize their business and use Dubai’s ideal position in global trade.
It is not possible to obtain a UAE passport through company registration and the UAE government has very strict policies for granting passports to foreign citizens. Therefore, we recommend to people who are planning to get a passport and permanent residence of another country through investment, to try investing in Turkey or obtaining a golden European visa.
Obtaining residence in the UAE through work
Due to the high value of the UAE currency, many foreign nationals are willing to go to the UAE to work and obtain UAE and Dubai residency through work. Job applicants can apply for a work residence in this country according to their background and work conditions, educational qualification, physical condition, marital status, age, and level of familiarity with Arabic and English.
To work in the UAE, you need an employer, which called a sponsor in the UAE. In the UAE, the sponsor is responsible for obtaining UAE residency through work. Al procedures for obtaining residency must be done through the sponsor. The sponsor must give guarantees to the UAE government to employ foreign employees and workers. Therefore, in exchange for these guarantees, the sponsor usually keeps the passports of employees and foreign workers as collateral.
What are the best required jobs in Dubai, UAE? What is the level of income in the UAE? In order to work in this country, foreigners must obtain a UAE work visa. There is a shortage of manpower in many job fields in the UAE, which can be a good opportunity for professionals and job seekers abroad.
Obtaining UAE residency through education
Considering the wide range of international universities, the ranking, and the high scientific level of many of them, the United Arab Emirates has suitable conditions for continuing education. Obtaining UAE residence is possible for applicants to continue their studies in this country.
Although the official language of this country is Arabic, English is used in academic and business affairs in Dubai. Therefore, applicants for studying in Dubai must have an IELTS score of 6 or higher.
If students go to Dubai or other UAE cities to study, they can benefit from obtaining residence in the UAE until the end of their studies. With an student residency in the UAE, you will not be allowed to work in this country. You can work in the UAE in the form of internship programs. It is not possible to obtain a permanent UAE residency after studying in this country.
Obtaining residence in the UAE through marriage
Marrying an Emirati citizen is also one of the ways through which you can apply for residence in the UAE. This method is one-way. That is, if a foreign woman marries an Emirati man, she can obtain the residency of this country. It should be noted that by marrying an Emirati woman, you cannot obtain residency in this country.
Keep in mind that the UAE government has strict rules for residence in the UAE through marriage. To obtain residence in the UAE through marriage, you must be able to prove that your marriage is genuine.
Keep in mind that the UAE government has strict rules for residency in the UAE through marriage. To obtain UAE residency through marriage, you must be able to prove that your marriage is genuine. Note that you should never do this through a sham marriage. Because if this issue is identified at any stage, your residency will be canceled and you will be punished.
The UAE is one of the best countries for starting a business. The existence of zero percent tax for foreign companies, the strategic position of Dubai for global trade and the modern financial and commercial infrastructure in this country are all among the factors that have caused all international companies to have branches in Dubai.
Those who are looking to expand their business and trade in Dubai, can easily establish their company in Dubai. They can obtain residence in the UAE by using Emirates license partner.
As mentioned in the text of this article, it is also possible to obtain UAE residency through other means such as buying real estate, working, studying in the UAE and through marriage. But due to the disadvantages of each of these methods, we recommend that you apply for UAE residence through company registration and investment. Because by doing this, you will both globalize your business and easily obtain residence in the UAE.
We hope that in this article we have been able to provide you with a complete explanation of the methods of obtaining residence in the UAE. We also introduce you the advantages and disadvantages of the ways of obtaining UAE residency.
Answers to frequently asked questions in the field of obtaining residence in the UAE
Is it possible to get permanent residence by marrying an Emirati?
Only if a foreign woman marries an Emirati man, it will be possible to obtain UAE residency under strict rules. A foreign man cannot obtain residence in the UAE by marrying an Emirati woman.
What is the best way to get UAE and Dubai residency?
The best way to obtain residency in the UAE and Dubai is to register a company in this country. Because you make your business global and in this way you can get UAE residency.
Is it possible to obtain UAE residency through birth?
It is possible to get a UAE passport when a child is born in this country only under certain conditions. It is not general.
Is it possible to obtain a permanent residence in Dubai by buying a property?
If you buy a house worth more than one million dirhams in Dubai, a 6-month or two-year residence permit will issue for you and your family. In fact, by buying a property in the UAE, a temporary residence issued. It must be renewed every so often.
Therefore, obtaining a permanent residence in the UAE by buying a property or obtaining an UAE passport by buying a property is the advertising claim of some immigration institutions. sometimes it is against reality. We should also mention that by buying a property, you and your family will not allowed to work in the UAE.
Can we take our family with us in the UAE residency through the license partner?
Yes. By obtaining residence in the UAE through a license partner, you can also obtain residence for your family and take your family with you.
what is 3 years residence visa Dubai cost?
3-year Dubai residence visa cost 2022 for applicants in Dubai without insurance will be approximately AED 3700.
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