The city of Dubai needs no introduction as it has become one of the most popular destinations for foreigners looking for good opportunities and experiences. Every year, a growing number of expatriates immigrate to Dubai and settle in this crown jewel of the UAE. Reportedly, more than 85% of the population in Dubai is international migrants.
However, certain things and requirements need to be considered while planning immigration to Abu Dhabi, Dubai, or any other Emirate in the United Arab Emirates. In this article, we have explained everything about Dubai and how you can make this city of gold your new home.
Promising reasons to immigrate to Dubai
Apart from the world-class health, education, transportation, and general living standards, Dubai has many other things to offer to people immigrating to this city –
- Tax-free living – The United Arab Emirates is overall a tax haven with low corporate taxes and no income tax. This means individuals and businesses can save the most out of their earnings and enhance their living standards.
- Career opportunities – Dubai has a strong job market for skilled professionals. Several multinational corporations and businesses established in Dubai offer a wide range of job prospects across various sectors.
- Travel hub – Dubai is a major travel hub, that provides easy access to continents like Europe, Asia, and Africa. Besides, Dubai International Airport is said to be one of the busiest airports in the world.
- Free Zones – Dubai has established numerous free zones that cater to various industries. Moreover, overseas businesses that establish their base on Dubai’s free zones can leverage significant advantages like 100% foreign ownership, exemption on corporate and income tax, and streamlined customs procedures with minimal bureaucracy.
- Family-friendly – Apart from a business-friendly atmosphere and exciting career opportunities, Dubai also has excellent schools, healthcare facilities, and many family-oriented activities and entertainment options for families.
- Visionary leadership – The leadership of Dubai focuses on ambitious plans for the future. For example, the Dubai 2040 Urban Master Plan aims to position Dubai on the list of the world’s best cities to live and work in.
Different ways to immigrate to Dubai
To secure a Dubai visa, you either need a work permit or an Investor visa. However, the most adopted way to move to Dubai is to get permanent residency. It can be obtained if you have a job or a business in UAE.
A residency visa allows you to live and work in the country for a specific period. So, here are some ways to obtain a residence visa in the UAE:
Work Visa –
- Sponsored by the employer in the UAE
- Allows to live and work in Dubai for the duration of the employment contract
Investor Visa –
- Provides residency to individuals who invest a significant amount in Dubai’s economy.
- Ideal for those seeking a foothold in the region.
Golden Visa –
- A long-term residency & immigration option (5 or 10 years).
- Typically issued to investors, entrepreneurs, and talented professionals.
Student Visa –
- Issued to those enrolled in a full-time program at a recognized university or higher education institution in Dubai.
Retirement Visa –
- For financially independent individuals over 55 years old.
Freelance Visa –
- Issued to freelancers and remote workers who meet specific income criteria.
- Allows living and working in Dubai without directly working for a local company.
Steps to immigrate to Dubai or Abu Dhabi
The process of immigration to Abu Dhabi or Dubai in the UAE involves several steps –
Select your visa – There are various types of Visas in Dubai that cater to different purposes such as employment visas, investor visas, golden visas, student visas, etc. The applicant must research each option meticulously and find the one that aligns with their goals.
Secure the required documents – The type of visa you will choose will determine the documents required for the visa application. Nevertheless, the common requirements include:-
- Passport with at least 6 months validity
- Passport-sized photographs
- Academic records
- Medical test reports
- Proof of funds/income
- Employment letter (for employment visas)
- Property ownership evidence (for investor visas)
- Business plan
Apply for the visa – To initiate the application process, the applicant needs to submit the required documents to the immigration department. The process also includes an extensive medical checkup and visa fee payment.
Wait for approval – The processing time of the visa application may vary depending on the type of visa. It might take several weeks or even months depending on the workload of the authorities.
Secure your visa and ID – Once the application is approved, the authorities will stamp the visa on the applicant’s passport. Upon arrival in Dubai, the applicant can collect their Emirates ID which will serve as their residency permit.
New immigration law in the UAE
The Federal Law No. 6 of 1973 Concerning Immigration and Residence is the fundamental law governing immigration in the UAE. However, certain amendments were made to this law, accompanied by various decrees and cabinet decisions.
- 5-year Green Visa – Allows skilled workers and freelancers to live and work in the UAE for five years; doesn’t require a sponsor; liberty to sponsor the family.
- Multiple-entry Tourist Visa – Offers a longer stay option for tourists for up to 90 days; possibility of extensions.
- Expanded Golden Visa – Attract investors, entrepreneurs, and individuals with exceptional talents by offering them an extended stay of ten years in the UAE.
Things to consider while planning immigration to Abu Dhabi or Dubai
Starting a new life in the UAE can be an exciting opportunity. Nonetheless, there are certain considerations that you need to be mindful of in order to ensure a smooth transition.
- Manage your visas and permits
In order to reside and work in the UAE lawfully, the expats would require a visa. The Ministry of Human Resources and Emiratisation (MoHRE) issues the work permit that allows them to work in the UAE. Additionally, it is the responsibility of the employer to arrange a work and residency permit for its foreign employees so that they can safely immigrate to Dubai. The process involves several steps and paperwork.
- Manage your finances
The United Arab Emirates is said to be the financial center of the Middle East. Therefore, obtaining financial services in the UAE is pretty straightforward. For example, opening a corporate account in a UAE bank. Although some expats use foreign bank accounts, switching to a local account can prove advantageous.
- Choose a business activity
There are a variety of options for company formation in UAE Mainland and UAE Free Zones. Both zones have their own regulations and activities. Hence, the expat entrepreneurs must carefully study each location and choose the one that aligns with their business needs and objectives.
- Taxation
The UAE has a favorable tax regime. Besides, the recently introduced Corporate tax applies to specific business activities and income thresholds. Therefore, businesses need to understand the potential tax implications before making a final decision for their business.
Plan a stress-free immigration to Dubai with Shuraa!
In conclusion, moving to Dubai can pave the way to a lot of opportunities. From finding wonderful job prospects to living in diverse cultures, there are loads of things to experience in Dubai. Working with a trusted partner like Shuraa Business Setup can help you with everything you need to make this transition smoother and successful, be it registering a new company, getting a Dubai visa, or even immigration consultancy. With the extensive support of Shuraa, you can uncover a dwelling place in this haven without any worries.
So, get in touch with the consultants of Shuraa at +97144081900/info@shuraa.com and embark on your new journey in Dubai with confidence.
