Visa Options for UK and EU Entrepreneurs and Their Families
If you are a UK or EU Entrepreneur, looking to obtain residency in UAE for you and your family, you can apply for the following UAE entrepreneurs visas.
1. Investor/Partner Visa
This type of visa is issued to individuals who own shares in a UAE company (mainland or free zone). This UAE business visa is for individuals who have any shareholding in a company based in UAE.
The time period for the investor/partner visa is for 2–3 years and it can be renewed if you want to continue living in the UAE. The key benefit of this UAE visa for UK citizens is that your family can have access to UAE residency immediately after you acquire this visa.
Additionally, you can have access to an Emirates ID, open a bank account, and own a house in UAE. You can also set up or invest in another business in the UAE. However, you need to make sure that your new business structure and activities align with those activities permitted by the visa.
Requirements for acquiring an investor visa
To obtain an investor visa in the UAE, UK and EU, the entrepreneur needs to maintain an active company and must have shares in that company that meet the minimum ownership or investment threshold.
The eligibility for partnership entrepreneur visa in UAE includes
- Valid trade license
- Immigration card
- Proof of shareholding (usually AED 100,000+ depending on emirate)
2. Freelance/Remote Worker Visa
The freelance visa is a UAE work visa for UK citizens offered to individuals who don’t want to establish a complete company structure but look to offer services either in the country or internationally.
Whether digital nomads, consultants or creatives offering services in the field of technology, media, design, writing, consulting, education, and more, a freelance/remote worker visa is the best option to take advantage of UAE’s tax-free working structure.
Unlike investor visa, which requires the existence of a company, this visa allows you to work in Dubai without the need to establish a complete company. This visa is applicable for 1-2 years and offers residency perks in the UAE.
Eligibility threshold for Freelance/remote Work Visa
UAE work visa requirements for UK citizens includes
- The individual must be in a field of technology, creative industry, consulting, education, health and wellness and marketing/advertising
- Must be 21 years or older
- Able to financially sustain himself
- Health insurance is mandatory in some emirates
Sponsoring your family on a freelancing visa depends on whether you meet a certain threshold demonstrating that you can financially support your family.
Implication to Sponsor your Family/Dependents on Freelance Visa
Your family can move to live with you in UAE if you have freelance visa and meet the following requirements.
- Monthly salary (usually AED 6,000–AED 10,000 depending on family size)
- Tenancy contract (Ejari)
- Medical insurance
3. The UAE Golden Visa
Introduced in 2019, the UAE golden visa for entrepreneurs is a game-changer. It offers long-term residency of about 10 years for high-value individuals and investors. UAE golden visa offers a crucial opportunity for Dubai entrepreneurs to expand their business across UAE and have 100% business ownership in mainland and freezone.
With a UAE golden visa, you are just like a UAE resident. You can have easy access to banking, leasing, mortgage, and other residential services. It doesn’t require any local sponsors, and the renewal process is also simplified.
You just need to show your property investment, business ownership, business revenue (i.e. AED 1 million for SMEs), or continued employment. With these aspects you can easily renew your UAE golden visa.
Who qualifies for the Golden Visa in UAE?
In order to get a UAE golden visa, you need to meet the following criteria.
- Investors in public investments or real estate up to AED 2 million+
- Entrepreneurs with approved business projects
- Senior executives and specialised professionals
- Outstanding talents in science, health, sports, or arts
Implications of Family Residence with UAE Golden Visa
If you are a golden visa holder in UAE your family can easily live with you without requiring any local sponsor or any other visa requirement. Your dependents like your spouse, children, parents, or domestic employees can live with you on your Golden visa.
However, to work, your family will need to apply for a job from a licensed UAE company and need to apply for a work visa, changing the visa type to work there.