Schinder Consultant London Ltd.
United Arab Emirates Residence by Investment
The Country
As the crown jewel in the heart of the Persian Gulf, the United Arab Emirates (UAE) is an exquisite tapestry woven from seven distinctive emirates: Abu Dhabi, Ajman, Dubai, Ras al-Khaimah, Umm al-Qaiwain, Fujairah, and Sharjah. Each emirate unfolds with unparalleled cultural richness and traditions, elevating the UAE to the summit of global influence among monarchies.
Within this distinguished landscape, separate royal families govern each emirate, with the Emir of Abu Dhabi assuming the prestigious dual role of both head of state and the Emir of Dubai as the country’s prime minister, adding an extra layer of significance to the UAE’s leadership.
This captivating nation not only boasts a robust economy but also showcases cutting-edge infrastructure, advanced technology, and an enchanting fusion of oriental allure. A beacon for expatriates, the UAE’s global allure is further enhanced by its widespread use of English. At present, the expatriate community comprises a staggering 90% of the population, a vibrant mosaic woven from over 200 nations that have collectively chosen the UAE as their ultimate and unparalleled home.
The Program
Establishing a company in the UAE emerges as a strategic pathway for securing a residence visa within the country, coupled with the added benefit of being eligible to apply for a tax number. This program stands out for its notable advantages, encompassing the economical setup and upkeep costs of the company, along with a favorable tax regime.
One of the noteworthy features is the accessibility for dependent spouses and children to apply collectively, obtaining a residence permit alongside the principal applicant. This streamlined process not only facilitates the establishment of a business presence but also extends the benefits seamlessly to family members, making the UAE an appealing destination for those seeking a comprehensive and efficient solution for both residence and business endeavors.
Key Benefits
Discover unparalleled benefits in Dubai through our key program – unrestricted residency, streamlined company establishment, favorable tax advantages, and a quick transition from tourist to investor visa. Explore the exclusive advantages awaiting you in Dubai.
- Unrestricted opportunity to work and reside in Dubai.
- Dependents, including spouses and children, can seamlessly apply alongside the main applicant, receiving a residence permit concurrently.
- Proficient guidance and support in establishing a company within one of the world’s premier business centers.
- Access to obtaining a tax number and securing tax residence in Dubai.
- Enjoy a comfortable and advantageous tax regime for business operations.
- The process of transitioning from a tourist visa to an investor visa directly within the UAE is swift and straightforward, streamlining the visa acquisition process for added convenience.
Residence Visa Criteria
Option 1
Incorporating a Company Establishing a company in a UAE Free Trade Zone requires a physical address. The company’s license and lease agreement must be renewed annually to keep the visa valid. Additionally, maintaining the visa entails a minimum physical presence in the UAE of at least 1 day within any 180-day period.
Option 2
Real Estate Purchase Acquiring or leasing real estate in the UAE ranging from 750,000 AED to 2,000,000 AED qualifies for a 2-year visa. This option necessitates a physical presence in the UAE for at least 183 days per year to secure tax residency. Alternatively, a 2,000,000 AED investment grants a 10-year visa with no mandatory annual visitation requirements.
5 Steps Application Process
- Incorporating a Company/Real Estate Purchase
The initial phase involves opening a company in one of the UAE Free Trade Zones or completing a real estate purchase. Our consultants guide you in selecting the Free Trade Zone and company activities based on your preferences. For real estate residency, we assist in property selection, due diligence, and transaction organization. A physical address is essential, and we can facilitate its provision. - Obtaining a Residence Visa
A two-year resident visa is issued, with validity dependent on not exceeding 180 consecutive days outside the UAE. Renewals are possible every two or ten years, contingent on the company or real estate’s ongoing activity. Opening a company takes up to 2 weeks, and the visa application begins after registration, requiring 4 working days. Presence in Dubai is necessary during this period. - Residence Requirement for Tax Residency
To establish credible residency proof in Dubai and apply for a tax certificate, applicants need to rent or buy a UAE apartment. - The 180-day Residence Rule
To achieve UAE tax residency, spending 180 days in the country is essential. However, if the applicant stays in the UAE for at least 1 day every 6 months, the visa remains valid, but the applicant won’t be eligible to claim a tax certificate. This requirement ensures that individuals seeking tax residency maintain a substantive presence in the UAE. - Application for a Tax Certificate
After one year as a UAE resident, applicants become eligible to apply for a personal tax certificate. This certificate can be presented to the authorities of countries such as Great Britain, Switzerland, or Luxembourg. This step ensures compliance with tax regulations and solidifies the applicant’s financial standing in their home country.
Throughout the process, our dedicated consultants provide comprehensive support, from company incorporation to residency visa acquisition and tax certificate application, making the transition to UAE residency seamless and efficient.