Dubai has become one of the preferred destinations for working professionals as well as entrepreneurs and families opting for longer stays. Possessing every modern infrastructure one would want, coupled with business-friendly policies and high standards of living, many do consider Dubai to be a good place to live for a long time. However, the understanding of Dubai residency options, the immigration process for Dubai, and the preparations for a smooth transition must be taken into consideration.
This guide demystifies the key steps of a move to help you do it the right way.
Why Move to Dubai?
There are many benefits that should be offered to expats by Dubai, thus making it one of the most desirable locations to live and work. Here are some reasons why people decide to relocate:
No Personal Income Tax: All personal income earners and business owners could enjoy a better earning because of no personal income tax.
Strategic Location: Dubai connects Europe to Asia and Africa and serves as a hub for business globally.
High Living Standards: Luxurious residences to world-class health care and education make Dubai a great place to live.
Opportunities for Business: The robust economy supports investors and entrepreneurs with numerous options for Dubai residency Visas for business owners.
Cultural Diversity: This city welcomes different cultures all over the world that offer people around a vibrant and inclusive synergy.
Step 1: Understanding Dubai’s Residency Options
To move to Dubai on a permanent basis, a long-term residency visa is required. The most easily accessible forms include the following:
1. Employment Visa
If an individual gets employment in Dubai, the employer sponsors the visa. Therefore, it is perhaps the easiest way of ensuring residency in the country. Application is done on behalf of the employee, and a 2-3 year period valid visa is provided which is renewable.
2. Investor or Business Visa
Entrepreneurs and businesspeople can apply for Dubai residency because of their investments in a company. Visa sponsorship is offered by companies set up in free zones or on the mainland, thus making this kind of investment attractive to investors.
3. Investor Visa
If you buy property worth AED 750,000 or more, you can apply for Dubai residency options under the property investor program. This visa is valid for between 3-5 years, depending on the amount of investment.
4. Gold Visa Dubai
The long-term Visa for Dubai, or Golden Visa, is available for:
- Investors per financial qualification, Entrepreneurs with high-growth businesses, Skilled professionals in healthcare, IT, and science, Outstanding students and researchers.
- This visa provides a 5-10 year residency that does not require a local sponsor.
5. Retirement Visa
Eligible expats aged above 55 years are qualified for a Retirement Visa as long as they meet financial criteria such as owning property or being in a fixed income plan.
Step 2: The Immigration Process for Dubai
Perform the following steps to complete the immigration process for Dubai once you determine your visa type:
- Entry Permit Application: Have your sponsor (either employer, free zone or self-sponsorship) get an entry permit.
- Medical Test & Emirates ID Registration: On entering Dubai, undertake a medical fitness test before applying for an Emirates ID – this is your national ID.
- Visa Stamping: Along with the completed medical examination, submit documents for visa stamping in your passport.
- Complete Residency Formalities: Open a bank account, register for utilities, and finish off housing arrangements.
Step 3: Moving to Dubai Checklist
One can use this moving to Dubai checklist for smoother relocation:
- Visa & Documentation: Before your arrival, get your residency visa in order.
- Accommodation: Based on the requirements of the visa, select whether to rent or buy property.
- Bank Account: Open a local bank account where salary can be deposited and other transactions made
- Health Insurance: Mandatory for all residents.
- Education & Schools: If moving with family, inquire about schools and requirements for admission.
- Cost of Living: Create a budget for rental, utilities, grocery, and other lifestyle expenses.
- Transport & Driving License: Get yourself updated regarding public transport or convert your international driving license.
Expat Life in Dubai: What to Expect?
Life in Dubai is dynamic and full of opportunity. Here is what ex-pats can expect:
- Safe & Secure Living: It is one of the safest cities there is; the safety index says so.
- High Salaries & Career Growth: Competitive salaries and career advancement are the magnets drawing professionals to Dubai from all corners of the world.
- Strict Laws & Regulations: With definite rules, one must know about local customs and laws.
- Cultural Diversity: With expats from 200 nationalities, one feels welcomed in such a multicultural environment.
Final Thoughts: Make Dubai Your New Home
Dubai presents innumerable opportunities for professionals, investors, and families abroad. When it comes to an ideal location for business opportunities, tax-free living, and an exhilarating expatriate community, Dubai proves to be quite rewarding.
Ready to take the next step? Look into Dubai residence options and start planning your move! Need assistance? Collaborate with specialists to get further instructions on the immigration scheme to Dubai to ensure a smooth landing!