For quite some time, the UAE and Iran have had strong trade connections. As a result, many Iranian entrepreneurs and businesspeople have selected Dubai as the location for their new ventures. The UAE government facilitates and encourages this by granting resident permits to Iranians who have received a company trade license. In addition, there are special amenities for Iranians, such as banking, schools, and hospitals.
Thus in this blog, Dhanguard will extensively discuss how, if you are an Iranian National, can get a Residence Visa in the United Arab Emirates. So without any further ado, let’s learn!
What will be covered in this Blog?
UAE and Iran”s Trade Relationship.
For almost a decade, the UAE has maintained a positive trading relationship with Iran. Furthermore, trade relations are critical for Tehran. This is because, according to the author Banafsheh Keynoush, the UAE handled 97 percent of GCC exports to Iran in 2013.
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Similarly, total Iranian investment in the United Arab Emirates is projected to be approximately USD 200 billion. Following this line of reasoning, the UAE-Iran trade exchange totaled USD 12.9 billion in 2017.
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Even today, the United Arab Emirates is Iran's most important trading partner. The Eurasian Economic Union, the Ocean Rim Association, and China's Belt and Road Initiative are all members of key international economic alliances that both countries belong to.
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Furthermore, the UAE port facilitates Iran's access to the international market at the most cost-effective price. All of these factors combine to make the UAE a top choice for Iranians looking for profitable prospects through the UAE residency visa.
How Do Iranians Obtain a Resident Visa in the United Arab Emirates?
There are various possibilities for Iranians to relocate to the UAE. This will be determined by the sort of residency permit you are eligible to obtain. If you're unsure which permission you'll be able to obtain, you can seek assistance from Dhanguard’s professionals. Keep in mind, however, that, unlike some other nations, the UAE does not provide permanent residency or green cards. They recently launched the Golden Visa, which allows you to stay in the country for 5 or 10 years.
The following are the visas that Iranians can use to reside in the UAE-
Forming a Company in Dubai
The first and most straightforward approach for nationals of any country to enter the UAE is to form a company in Dubai. This is due to the UAE government's long-term aim to shift the country's economic focus away from the oil and gas industry. As a result, after obtaining a trade license in Dubai, you can simply obtain a 3-year residency visa. You can also sponsor the visas of some of your close family members and employees. Furthermore, if you meet the UAE government's capital criteria, you can apply for a Golden Visa.
Via an Employment Contract
If you find work in the UAE, you can apply for a two- or three-year resident visa. Alternatively, you can request that your employer sponsor your visa so that you can work in the UAE. Because the UAE government permits employers to sponsor multiple visas based on the size of the office space they have acquired for their firm, this is conceivable.
Real Estate Investing
Last but not least, Iranians can invest in real estate in the United Arab Emirates and qualify for visas. To be clear, the duration of your visa will be determined by the amount of money you have invested in the country. In addition, if your investment passes the government's conditions, you may be eligible for the Golden Visa. Keep in mind, though, that the cash you're investing cannot be borrowed.
Read More: Types of Visas Available in UAE
Iranians can apply for a Residency Visa in Dubai through this process.
Even though the UAE has an embassy in Tehran, Iran's capital, you cannot apply for a visa from there. This is due to the fact that Iranians can obtain a visit visa via a travel agency or an airline located in the United Arab Emirates. Furthermore, they might obtain a visa from a hotel in the UAE on the condition that they use the hotel's services throughout their stay.
The following is the procedure for Iranians applying for a resident visa-
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Complete the necessary paperwork.
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Apply for an entry permit and an immigration security approval.
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Make an application for a residency permit.
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Pay the Necessary Fees.
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After that by getting your visa stamped, you can acquire your Emirates ID
Iranian Nationals must submit the Following Documents to obtain a Residency Visa in Dubai.
When applying for a visa, you must submit several required documents to the government. This is due to the fact that these documents are required by law. Furthermore, these documents will assist you in obtaining legal assistance in the event of a disagreement within the country.
When applying for an Iranian resident visa in the UAE, you will be required to submit the following documents-
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A copy of your passport is required
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In accordance with UAE regulations, two passport-sized photographs
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Original entry visas, accompanied by its Photocopy
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The sponsor's verification/proof of residency in the UAE
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A copy of your business's commercial license
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A copy of your Business Card
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A copy of your EJARI as well as your tenancy contract
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The Application Form filled accordingly
Process for Iranian Nationals to Form a Company in Dubai
People from all over the world come to Dubai to start their companies. As previously stated, many Iranians have selected the United Arab Emirates as their investment destination. This is because you may simply start a business as an Iranian in this country. If this is your first time launching a business, though, you should get professional help.
The following are the steps to take in order to start a business in Dubai-
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Select your business venture.
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Choose a business jurisdiction.
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Create a business structure.
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Obtain preliminary approval.
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Create a business name.
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Obtain external approvals by renting office space.
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Obtain a business license.
Conclusion
You've come to the correct place if you want to start a business in the UAE and apply for a residency visa from anywhere in the world, but you're not sure where to begin. Dhanguard’s Consultants have assisted countless clients in establishing enterprises and obtaining UAE residency permits around the UAE. Get in touch with us right now to get started. Thus we hope this blog provided you with insightful information. For more information on other related aspects, feel free to check out our website as well.