all about the dubai investor visa renewal process

The Investor who is investing in any business has his stake in the investments where the quality is also a major factor. Also, it takes a lot of risk factors in place which molds the final decision of the investor for that he needs to apply for the Investor Visa. Every business needs the potential investors for the growth in the financial aspects as well and also for building that particular factor regarding the success of the company. The investors who decide to invest in your venture and the project also get entitled to get the Investor visa. He ultimately becomes a crucial part of the business or a partner who has to apply for the investor or the partner visa. The investor visa is a legal document that is issued to all the potential investors of the companies, which allow these investors to stay and then operate and control the business operations and then finally leave that nation of working.

If you an investor then you got to check the renewal of the investor visa and also keep track of the same. You have to get that renewed before it pinches to expire.

Dive in to know more about the process of the same.

How can I renew my Investor Visa?

The renewal takes place through the online process.

Renewal through the e-DNRD Account:

The renewal process can be initiated at the particular typing center with the help of the e-DNRD account User ID and the Password. You don’t have to visit the Immigration Office for the same.

Renewal without the e-DNRD account:

If you don't have the account, don't worry, the process of the renewal of your visa would be done by collecting and filling the form from the Typing Centers and then with that you need to submit the below-mentioned documents:

• The original passport which is valid for almost 6 months.
• 2 recent passport-sized photographs with white background.
• The original medical certificate.
• Valid medical insurance.
• The copy of the Emirates ID renewal form.
• The Accommodation: the copy of the attested tenancy (a 6-month hotel reservation would also be accepted in the form)
• A copy of the latest utility bill.
• A copy of the bank statement.
• A copy of the Service Agent Contract (for the professional license).
• The copy of the Immigration Establishment Card.
• The International Bank Account Number (IBAN) of that sponsor.

So, after submitting these particular documents, you need to move to the next step which is of the payments as the visa renewal fees.

What are the fees for the Investor Visa Renewal? 

• The Entire renewal package including the Visa Renewal, the Medical Test, The Emirates ID Application, The Investor/Employee ID card:

• For the Investor: Normal (AED 3,600), Urgent (AED 4,600), Royal (AED 5,100).

• For other employees: Normal (AED 2,455), Urgent (AED 2,955), Royal (AED 3,455).

• The Investor Visa Renewal Package without the Emirates ID and the Medical Test:

• For the Investor: Normal (AED 2,730), Urgent (AED 3,730), Royal (AED 4,230).

• For other employees: Normal (AED 1,685), Urgent (AED 2,185), Royal (doesn’t apply).

** Note: for the employees applying for the renewal, labor card renewal is compulsory. 

What is the duration of the Investor Visa Renewal in Dubai?

• The Medical and the Emirates ID: 

• For the Investors: Normal (5 days), Urgent (2 days), Royal (doesn’t apply).

• For other employees: Normal (5 days), Urgent (2 days), Royal (doesn’t apply).

• The Visa Renewal (process after the medical test):

• For the Investors: Normal (8 days), Urgent (4 days), Royal (2 days).

• For other employees: Normal (10 days), Urgent (5 days), Royal (2 days).

• The Medical Examination Charges:

• Normal (3 to 5 Working Days): AED 320.

• 2 Days: AED 420.

• 1 Day: AED 540.

• VIP (3 Hrs.): AED 750.

After your investor visa renewal process is done then the investor will get the new visa with the visa extension validity. 

But it’s not over yet, next you need to renew the residence visa as well after the process. 

Dive below and find all the documents that you need for applying for the Investor Visa Residency Renewal. 

What are the documents required for the Investor Visa Residency Renewal?

• The Residence Visa Application.

• The Passport of the Investor.

• The Previous Residency Visa.

• The Trade License or the Establishment Card.

• The Medical Certificate.

• The Health Insurance Card.

• The Emirates ID Renewal Receipt. 

• The List of the sponsor form the Ministry of Labor.

The fees required for the renewal of the residency permit of the Investor is AED 250. And you need to pay more AED 100 for going through the urgent process.

So, this was all about the important and all the necessary steps that you have to take for the renewal of the Investor visa and we explained to you the process of the Investor Residency Renewal as well. Also, you must keep track of the expiry date of the visa, so that you can avoid any discrepancy in the process of further applications and the working. This is important if you got multiple investors for your business.