An individual invests in a business expecting to gain a return on the investment made. Investment choice entails uncertainty and tremendous difficulty but it does produce better returns. A company requires financial funding from customers and at the same time an investor wants a market to invest in. Understanding both sides ‘ needs, the United Arab Emirates (UAE) have established free zones, diverse market prospects in various fields in order to draw global interest.
Investors participating in companies are a key part of the corporate enterprise and are eligible to receive an investor visa, also known as partner visa. The UAE Free Trade Zone / Local Business is your visa sponsor as a Free Trade Zone Organization, Limited Liability Business (LLC) owner, partner or investor. Investor visa is generally referred to as UAE visa for investors or UAE visa for residency. The UAE residency visa lets you stay as a resident of the UAE and is valid for 2-3 years. The UAE investor visa expires when outside the UAE for longer than 6 months.
If you doing business in Mainland or Free zone and have the residency permit of UAE, then you have to renew it with no time before expiration due date else you will get fine for delaying the renewal. The Investor and partner visas are for 3 years and they have to go through again for medical examination, Emirates ID and other required processes.
Investor Visa Renewal in Dubai
The Partner / Investor Visa can be renewed after 3 years. The process for renewing the Partner Visa is made simpler than before.
There are two options to renew the Partner / Investor visa as below:
Renewal Through e-DNRD Account:
Step 1
The medical typing of the applicant needs to be done and proceed for medical check-up. EID renewal needs to be done once the medical is done.
Step 2
On completing the above the applicant must arrange a medical insurance before proceeding Visa stamping.
Step 3
If the company is registered under E-DNRD and have received User ID & Password, the Visa renewal process can be done from any typing centre by uploading the documents in the system.
Step 4
On submitting the documents online, the person will receive a SMS incase of approval of the visa or any modification required in the documents submitted. If approved Passport will be collected by the Zajel courier to the Immigration and will be delivered to the address provided by the customer. You can opt our investor visa in Dubai for stress free renewal.
Documents Required for EDNRD:
- Original Passport of Partner
- One photograph with white background
- Health Insurance Card
Renewal Without e-DNRD Account:
Step 1
The medical typing of the applicant needs to be done and proceed for medical check-up. EID renewal needs to be done once the medical is done.
Second Step: On completing the above the applicant must arrange a medical insurance before proceeding Visa stamping.
Step 2
If the company is registered under E-DNRD and have received User ID & Password, the Visa renewal process can be done from any typing centre by uploading the documents in the system.
Step 3
The Visa renewal application must be typed and along with Original documents submit it to the Immigration for approval.
Documents Required for Non-EDNRD
- Original Passport of Partner
- One photograph with white background
- Health Insurance Card
- Company Trade Licence
- Copy of MOA or LSA
- Immigration Card copy
Duration of Investor Visa Renewal in Dubai
|
Description |
For | Normal (Days) | Urgent (Days) | Royal (Days) |
|
Medical and Emirates ID |
Investor | 5 | 2 | N/A |
| Other Employees | 5 | 2 |
N/A |
|
|
Visa Renewal (process after the medical test) |
Investor | 8 | 4 | 2 |
| Other Employees | 10 | 5 |
2 |
Investor Visa Renewal Fee
The fee for the renewal of investor visa is as below:
|
Package Description |
For | Normal (AED) | Urgent (AED) |
Royal (AED) |
|
Entire renewal package including Visa Renewal, Medical Test, Emirates ID Application, ID card for Investor/Employee |
Investor | 3,600 | 4,600 | 5,100 |
|
Other Employees |
2,455 |
2,955 | 3,455 | |
| Renewal package without Emirates ID and Medical Test |
Investor |
2,730 | 3,730 |
4,230 |
| Other Employees | 1,685 | 2,185 |
– |
* For employee visa renewal, labour card renewal is mandatory.
The medical examination charges are:
|
Normal (3 to 5 Working Days) |
AED 320 |
|
2 Days |
AED 420 |
| 1 Day |
AED 540 |
| VIP (3 Hours) |
AED 750 |
Therefore, after the renewal process for the investor’s visa has been completed, the investor will obtain the residence visa with approval for extension.
Steps to Apply for Investor Residence Visa
- Residence entry permit valid for 60 days
- The applicant should enter the country or do statues change
- The medical certificate, the applicant should pass the test to get the residence visa
- Emirates ID, fingerprint scanning and live photo
- Medical insurance is mandatory by the law
- Visa stamping on the passport
All UAE residence visas have one rule in common, the holder can not stay outside the country for more than six months, if the residence holder stayed more than the allowed period, the visa will be considered canceled, a new visa should be issued by the sponsor, the investor visas have some exceptions to this rule.
To confirm the status of the new or existing visa, check the link by clicking here.
You will also be able to renew your Emirate ID and residency visa online at the same time, saving you time and resources. As per a senior official of the General Directorate of Residency and Foreign Affairs, those who wish to renew their Emirates ID and residency visa can fill out the application form online at the same time without having to visit the typing centers. All the residents can now use the GDRFA app. The app also helps you to apply for inside and outside country visas and residency permits, as well as monitoring applications, progress. Documents submitted via the app will be updated within one to three days, relative to the two-week earlier waiting period. Through the app, applicants can track the status of their visas and clarify their concerns via the chat feature linked to a customer service representative.
Documents Required for Investor Visa Residency Renewal
To renew the residency visa for a partner or investor, the following need to be presented:
- Residence visa application
- Passport of the investor
- Previous residency visa
- Trade license or establishment card
- Medical Certificate
- Health Insurance card
- Emirates ID renewal Receipt
- List of the sponsored from Ministry of Labour
The amount required to renew an investor’s residency permit is AED 250. A surcharge of AED 100 will be charged for an urgent request.
We have remained an integral part in the UAE community, a company which has helped individual and other companies regarding all their renewal services. You can contact us for further details if you need help with any regard. Our services revolve around providing consultancy regarding visa applications, stamping of visas, handling visa extension, completing all the visa renewal problems and dealing with the related entities and so on.