The UAE implements and improves business rules, including tax policies. Non-residents have the greatest opportunity to avoid paying taxes in some cases by obtaining local tax residency. In addition, individuals intending to reside in the jurisdiction are granted a residence permit with many valid options and associated benefits.
UAE residence permit benefits
A residence permit is also called a UAE resident visa. A residence permit gives you the right to stay legally in the jurisdiction, study, work, freelance or even start a business in the region. It is also issued in cases where the applicant wishes to remain in the jurisdiction permanently, including the possibility of obtaining UAE citizenship in the future.
The UAE residence permit entitles you to live and carry out any activity in the country where it exists:
Smart Startup UK lawyers are ready to advise you in more detail about the possible benefits of obtaining a residence permit in the UAE and offer no less favorable alternatives.
How to get a residence permit in the UAE?
The state provides several options for obtaining residency in the UAE in 2024:
You can get a residence permit in the UAE by buying real estate. The easiest option to obtain a residence permit in the region is to acquire real estate in the area worth at least 1,000,000 dirhams (about 250,000 US dollars). In this case, the owner of the property can rent it. Conditions for purchasing real estate vary by region. The lawyers of "Smart Startup UK" are ready to advise you on the available options and the possibilities for their implementation.
In the UAE, a residence permit for the purchase of real estate is issued on the basis of the following documents:
You can get a residence permit in the UAE by starting a business. A diversified option allows investments in the UAE directly and in special economic zones. The UAE provides more than 2,000 business opportunities. You can get a residence permit in the UAE by investing 70,000 dirhams (about $20,000). The two most common ways are the purchase of company shares, as well as the formation of the share capital of a legal entity.
Obtaining a UAE residence permit by setting up a company requires a business partner who is a resident of the UAE as well as a majority shareholder in the company. In some cases, the UAE government approves 100% foreign ownership, for example in free economic zones where permitted. The lawyers of "Smart Startup UK" will be happy to advise you in more detail about all the nuances of doing business and obtaining a residence permit in the UAE for an upcoming investment. The process and specifics of starting a company with a foreign investor vary depending on the specifics of the specific case
Residence and work permits in the UAE. Applicants can obtain a legal basis to stay in the UAE for the purpose of work. In this case, the favorable decision depends on both the candidate and the hiring company. To obtain a residence permit in the UAE, you must provide the following documents and data:
Residence permit of a remote worker. A separate flexible visa option for applicants has the primary task of promoting the growth of start-ups. Issued for one year if the criteria are met:
You must also provide public application documents, including your passport and relevant certificates. Smart Startup UK lawyers are on hand to help collect and process documents for review.
Residence permit for pensioners. An option designed specifically for investors who are over 55 years of age. It is issued for five years to those applicants who:
We can assume that you are planning to start a business, move to the UAE, purchase real estate or establish your presence. In this case, the lawyers at Smart Startup UK are ready to advise you on what the UAE residence permit entails and how to obtain it in your particular case. Among other things, lawyers are ready to provide legal support in the following areas, in particular:
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