What is an investor visa in Dubai/ UAE?
The government of the United Arab Emirates has applied a new immigration chance for well-off or largely professed outsiders The UAE Long-Term Residence Visa. This type of visa is issued 5- 10 times, depending on the eligibility order of the aspirant. What is more, if you qualify, you don’t need to have a sponsor in the UAE to apply on your behalf – you can apply yourself.
The most usual type of long-term residence visa issued is the UAE Investor Visa Dubai, which requires that the candidate invests a substantial amount of money in the UAE to qualify.
What Are the Documents needed for Investor Visa Cancelation in UAE?
The forms needed for the cancellation of an investor visa in UAE include the following:
- Original Passport and Emirates-ID Trade License Copy.
- Partner List (for LLC Formation Dubai) Immigration Card copy.
- Share trade agreement original attested by Notary Public.
- License cancellation document by the Department of Economic Development (in case of company liquidation).
What are the consequences of not staying in the country that is required?
Staying off outside of the United Arab Emirates, for further than successive 6 months will automatically cancel your occupant visa and if you don’t enter the country before completing 6 months won’t permit entry latterly using the same visa. Consequently, in a similar situation, you are not wanting to come back to UAE to cancel the visa in case you have no idea to come back to UAE again in the future.
However, perhaps your employer will report you as a getting out person which leads to outlawed you in UAE if you left the country without proper cancelation of employment occupant visa which is followed by the employer inform departing which complied with employment termination procedures (Labor cancelation and employment permit cancelation). This will affect new visa operation rejections and indeed if you want to travel to UAE there is a chance you might get caught up at the airport.
Proper Visa cancelation:
So, it is always wise to follow up with proper visa cancellation of your occupant visa and collect documentation of cancelation (cancelation paper and or cancelation stamp on passport visa page) before leaving the United Arab Emirates to avoid issues with your future visa operations.
What happened if you cannot travel back for some reason?
For some necessary reason, you might be unfitted to travel back to UAE for 6 months and obviously, it will affect the automatic nullification of your UAE occupant visa. To travel back to UAE again, you will need to get the former visa duly canceled indeed though it is invalid. Those who went without informing the company (Sponsor) have no options left before, rather than pursuing the companies and coming to an agreeable result.
What should you do when your visa is expired?
As soon as the present expired residence visa is canceled, a company or family member can apply for a new residence visa, you will get an entry permit to travel to UAE whereas you require to do the medical test, Emirates ID & visa stamping in the passport again. Those who are wanting a traveler/visit visa can apply through a visa agent or keep by a family member. After your entry using a traveler/visit visa, you may change the visa status to residence visa supervened by status change stamping, medical test, Emirates ID & visa stamping.
While a visa can expire and turn invalid, it is not automatically canceled. All visas should be correctly canceled indeed if someone is leaving the UAE or capable to stay on a tourist visa, as they can have problems when trying to re-enter the country on a visit visa.
It’s also not feasible to acquire a new residency visa if the old one has not been rightly canceled. However, an individual can go to any main service of the Immigration Department in the applicable emirate, or the bone where the visa was issued, if an employer or guarantor has not dealt with this. The charges should amount to no further than Dh250 including typing costs. The Emirates ID card must be provided when the visa is canceled at end of the process, as the identity card is linked to the visa. Aninvestment visa in Dubaiwill provide the best information and services.