Residence and investment in Dubai are considered one of the most ideal things because Dubai is one of the most prominent global cities that enjoys tremendous investment attractiveness, as it offers an ideal work and investment environment for companies and individuals alike, as Dubai is characterized by an advanced infrastructure, a legal system that is favorable to business, and a diversified economy that supports various… Economic sectors.

One of the leading companies facilitating investment in Dubai is Itqan Company, which provides distinguished services to individuals and companies wishing to benefit from investment and residency opportunities in this vibrant city.

Itqan Company works to provide a wide range of services that include company establishment, business licenses, legal and tax consultations, and more, with the aim of facilitating and facilitating commercial and investment operations in Dubai.

Through our cooperation with Itqan Company, we aim to provide useful and comprehensive articles on how to invest in Dubai, and the services provided by Itqan Company to assist in this aspect, with the aim of guiding the right decisions for investment and residence in this leading economic city.

Residence and investment in Dubai

Dubai is one of the most prominent investment and living destinations in the world, providing wide and diverse opportunities in the field of business and investment. Here is some information about residency and investment in Dubai:

Visa and accommodation

Tourists: Tourists can obtain a tourist visa to visit Dubai for up to 30 days, which can be extended as needed.
Long Stay: For long stays in Dubai, investors and professionals can obtain an investor residence visa, work visa or student visa, subject to specific conditions and requirements.

Investing in Dubai

• Real estate markets: Dubai has an active and diverse real estate market, and foreign investors can buy and own properties in specific areas.
  Key economic sectors: Dubai is witnessing strong growth in several economic sectors such as retail, hospitality and tourism, technology, e-commerce, and financial services. There are vast investment opportunities in these sectors.
  Free Zones: There are many free zones in Dubai that provide advanced infrastructure, facilitate investment procedures, and provide benefits such as tax reductions and full ownership by foreigners.
  Infrastructure and business:
• Infrastructure: Dubai has a developed infrastructure and modern facilities, including international airports, ports, road networks and advanced communications.
  Business Environment: Dubai is known for its flexible and investor-friendly business environment, as it provides strong infrastructure, easy regulatory procedures, and a reliable judicial system.
• Cultural and entertainment life: Dubai offers a wide range of cultural and entertainment events, including luxury stores, international restaurants, exhibitions, festivals and sporting events.

Types of visas available for residence in Dubai

In Dubai, the UAE authorities provide several types of visas for residence, which vary and suit the needs and circumstances of different residents. Among these visas:

• Tourist Visa: Issued to people who wish to visit Dubai for tourism purposes for a specific period. This visa is usually obtained through tourism companies, hotels, or via airlines.
• Employment Visa: Issued to people employed by a local company in Dubai or the United Arab Emirates. Companies must apply for this visa for employees who intend to work for them.
• Investor Visa: Issued to people who invest specified amounts in the local economy of Dubai or the UAE. The requirements for this visa depend on local investment laws.
• Retired Investor Visa: Issued to people who have retired and wish to reside in Dubai or the UAE, provided that they have invested in the country.
• Student Visa: Issued to foreign students who wish to continue their education at universities or educational institutions in Dubai.
• Visitor Visa: Issued to people who wish to visit their relatives or friends in Dubai for a certain period.

Necessary procedures to renew a residence visa in Dubai

Renewing a residence visa in Dubai requires following specific procedures and adhering to specific legal requirements. Here are general steps to renew a residence visa in Dubai:

• Submitting the application: The residence visa renewal process begins with submitting the application in good time before the expiration of the current visa. The application can be submitted through approved electronic immigration platforms in Dubai, such as the Dubai Immigration and Passports Department website (GDRFA-Dubai).
• Updating documents: You must submit the necessary documents such as a personal photo, passport, and approved visa form. Additional documents may be required depending on the type of visa and the company providing the service.
• Medical examination: Some types of new or renewed long-term visas may require a medical examination. Medical examinations usually include a general medical examination, blood test and X-rays.
• Payment of fees: The fees required to renew the visa must be paid. Fees can change depending on the type of visa and duration of renewal.
• Follow-up: After submitting the application, submitting documents, and paying fees, the status of the application must be followed up to ensure successful completion of the procedures.
• Receiving the renewed visa: After the authorities approve the visa renewal, the renewed visa is delivered to the visa applicant. You must ensure that the information printed on the visa is correct and approved.

Requirements for obtaining a residence visa in Dubai

Obtaining a residence visa in Dubai requires compliance with a set of basic requirements set by local authorities. Here are the basic steps and requirements that are usually required:

1. Passport: The passport must be valid and have sufficient validity to reside in the Emirates.
2. Application form: An application form must be completed to obtain a residence visa, and this form can usually be found on the Dubai Passport and Immigration Department website.
3. Personal photographs: Recent, color photographs must be submitted according to specified specifications, usually 4.3 x 5.5 cm in size.
4. Proof of natural spirits: This can be a birth certificate or a document proving the personal identity of the resident.
5. Proof of income: Obtaining a residence visa may require proof of personal income or proof of the resident’s ability to live and support himself.
6. Medical examination: Some visas may require a medical examination to ensure that the applicant is free of infectious diseases.
7. Visa fees: You must pay the fees required to obtain the visa, and these fees vary according to the type and duration of the visa.
8. Financial Guarantee: Some visas may require financial guarantee or health insurance for the resident.

How to invest in Dubai

Investing in Dubai represents an important opportunity for international investors, given the stable economic environment and encouraging investment legislation. Here are some basic steps to invest in Dubai:

• Determine the type of investment: Before starting, decide what type of investment you want, whether it is in commercial real estate, residential, stocks, businesses, or other sectors.
• Research and Analysis: Conduct comprehensive research on the real estate market or sector of your choice, explore potential opportunities and challenges, as well as study competition and demand for services.
• Financial Advice: Look for a trusted local financial advisor for advice on potential investments and proper financial planning.
• Choosing a local partner: In some cases, you may need a local partner if you plan to invest in some specific sectors such as retail or professional services. Make sure to choose a reliable and knowledgeable partner in the local market.
• Obtaining Licenses and Permits: You may need local licenses and permits depending on the type of investment activity you choose. Make sure to apply for these licenses in a timely manner and in accordance with legal requirements.
• Registration and incorporation: If you plan to establish a company, you must register and incorporate according to local procedures. You can choose between incorporating in a free zone or on the mainland, depending on your business requirements and needs.
• Investment Management: Once you have invested in Dubai, make sure to manage your investments effectively, monitor performance, and adapt to changes in the market and laws.
• Legal and Tax Compliance: Ensure compliance with all local and international tax and financial laws and regulations relating to your investments in Dubai.

In short, investing in Dubai requires good planning and knowledge of local laws and procedures, but offers great opportunities for returns and sustainable economic growth.

Economic sectors in which one can invest in Dubai

Below is a look at the main economic sectors in which one can invest in Dubai, which are represented in the following points:

1. Real estate and construction: The real estate and construction sector is considered one of the most important economic sectors in Dubai, as the city is witnessing continuous growth in infrastructure and huge real estate projects such as luxury hotels, residential complexes, and commercial facilities.
2. Retail and trade: Dubai has a distinct geographical location as a global shopping and trade destination, as it includes many commercial centers and huge malls, in addition to traditional and modern markets.
3. Hospitality and Tourism: The hospitality and tourism sector is considered one of the main sectors in Dubai’s economy, as the city attracts millions of visitors annually to enjoy luxury hotels, restaurants, tourist attractions, and cultural and entertainment events.
4. Technology and Innovation: Dubai strives to develop the technology and innovation sector, and promote innovation in various industries through initiatives such as “Smart Dubai” and “Dubai Innovation,” which provides opportunities for investment in areas such as emerging technology, artificial intelligence, and financial technology.
5. Financial Services: Dubai is a major financial center at the regional level, as its banks and financial institutions provide a wide range of financial and investment services, making it an ideal location for investment in this sector.
6. Light and manufacturing industries: Dubai has a variety of light and manufacturing industries such as food industries, pharmaceutical industries, electronic industries, and general manufacturing.
7. Energy and Petroleum: The energy and petroleum industry plays an important role in Dubai’s economy, as the emirate invests in developing renewable energy sources and encouraging environmental sustainability.

Taxes applicable to investment in Dubai

In Dubai, companies have a number of tax advantages that attract investors, and there are some taxes that investors should take into consideration:

• Value Added Tax (VAT): VAT applies in Dubai and in the UAE in general, and the standard VAT rate is 5%. This tax is levied on most goods and services, and businesses must register for VAT if their business revenues reach a specified threshold.
• Income tax: The UAE does not impose income tax on individuals and companies in most sectors. However, there are some specific sectors that may be subject to income tax, such as banks and real estate companies.
• Registration and licensing fees: There may be registration and licensing fees applied to companies when they are established or renewed.
• Real estate fees: If the company owns real estate, there may be an annual real estate fee.
• Transfer and Registration Fees: If you transfer ownership of a property or make any transfers of property, there may be transfer and registration fees that apply.

In conclusion, living and investing in Dubai is an exceptional opportunity for many individuals and companies. Itqan Company cooperates with you to achieve your success in this thriving field.

Dubai is one of the most developed and prosperous cities in the world. The emirate provides an ideal business environment that combines political stability, flexible laws, and advanced infrastructure. Thanks to its strategic location between East and West, Dubai is a global center for trade and business.

Among the benefits of residing in Dubai include the ease of establishing companies and obtaining business licenses. Itqan can help you with all the steps necessary to set up and operate your business in Dubai efficiently and easily. In addition, Dubai residents can benefit from advanced infrastructure and high-level services in schools, hospitals, commerce and entertainment.

As for investing in Dubai, it offers multiple opportunities in many sectors such as real estate, hospitality, technology and finance. Itqan Company provides specialized consultations and innovative solutions to help you make sound investment decisions and achieve profitable returns.

In short, living and investing in Dubai represents an irreplaceable opportunity to enjoy unique benefits and achieve personal and financial success. Itqan Company is committed to providing distinguished support and services to its customers, so choosing to cooperate with it will be a step towards successfully achieving your goals in Dubai.

The most frequently asked questions about residency and investment in Dubai