INVESTORS ENTREPRENEURS - Mi CAPITAL
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UAE Golden Visa for Expats As Per Cabinet Resolution No. 56 of 2018 Regarding the Organization of Residence permits Eligibility INVESTORS ENTREPRENEURS STUDENTS SPECIALIZED TALENT +971 56 458 5813 | info@micapitalservices.com | www.micapitalservices.com
INVESTORS Eligibility for 10 Years VISA Investors in public investments of at least AED 10 million Investment should be A deposit of at least AED 10 million in an investment fund inside the country Establishing a company in the UAE with a capital of not less than AED 10 million Partnering in an existing or a new company with a share value of not less than AED10 million Having a total investment of not less than AED 10 million in all areas mentioned, on condition that the investment in sectors other than real estate is not less than 60 per cent of the total investment A standard financial liability with a financial solvency not exceeding AED 10 million The long-term visa could also be extended to include business partners, provided that each partner contributes AED10 million Eligibility for 5 Years VISA Invest in a property in the UAE Investment should Be The investor must invest in a property of a gross value of not less than AED 5 million Other Benefits Long term visa is extendable to the spouse and the children, as well as one executive director and one advisor Multiple Entry VISA Allows investors to enter the country for a six-month period, multiple entry, to apply for the long-term visa requirements Common Conditions for 5 year & 10 Years Visa The amount invested shall be wholly owned by the investor and not loaned, and should be proven by supporting documents. Investment retention for at least 3 years +971 56 458 5813 | info@micapitalservices.com | www.micapitalservices.com
ENTREPRENEURS Eligibility for 5 Years VISA This category includes those having an existing project with a minimum capital of AED 500,000, or those who have the approval of an accredited business incubator in the country Entrepreneurs will be granted a 5-year visa with a possibility for upgrading to an investor’s visa provided they meet the requirements Other Benefits The benefits of the entrepreneurial visa include entrepreneurs, partners, three executive directors, spouse and children Multiple Entry VISA The entrepreneur is allowed entry into the country for six months, multi-entry visa period, with renewal for another six months STUDENTS Eligibility for 5 Years VISA Outstanding Students With a grade of at least 95% in public secondary schools in public and private schools, and a distinction of at least 3.75 GPA upon graduation from universities within and outside the country Other Benefits Long-term visa includes families of the outstanding students +971 56 458 5813 | info@micapitalservices.com | www.micapitalservices.com
SPECIALIZED TALENTS Eligibility for 10 Years VISA Doctors and specialists - Requires at least 2 of the conditions mentioned below Conditions - Holder of a PhD degree from one of the top 500 universities in the world Holder of an award or certificates of appreciation for the work in the applicant's jurisdiction Contribution to a major scientific research related to the work of the applicant Published articles or scientific books in distinguished publications in the field of work of the applicant Membership in an organization related to the work of the applicant, which requires excellent work to accept membership A PhD degree in addition to 10-year professional experience in the applicant's field of work Specialization in areas of priority to the UAE (additional requirement for the doctor) Scientists: - To be accredited by the Emirates Scientists Council Holders of the Mohammed bin Rashid Medal for Scientific Excellence Creative individuals in culture and art: - Accredited by the Ministry of Culture and Knowledge Development Inventors Development Inventors: - Obtain a patent of value added to UAE’s economy with the approval of the Ministry of Economy Exceptional Talents Those who have exceptional talents that are documented by patents or scientific research published in world-class journals. Executives: - Owners of leading, well-known and internationally recognized companies Executives: - Holders of high academic achievement, professional experience, and position ( (e.g., an engineer in a rare specialty with a university degree and working in a private company in the UAE ) Other Benefits The visa's advantages include the spouse and the children Other Conditions All categories are required to have a valid employment contract in a specialized in fields of priority for the UAE About MI CAPITAL MI CAPITAL and MI CONSULTING Group comprises of a team of experts who work together to serve clients on a broad range of advisory services including Corporate Finance, Transaction Support Services, Debt Advisory, M&A and Private Equity Advisory Services, Value Added Tax (VAT) Advisory Services, Accounting Services, Company Formation Services. Our team has decades of combined experience and a track record of successfully delivering solutions in diversified market conditions. Our presence in the region and deep relationships with the eco system allows us to provide our clients with efficient business solutions. Our Advisory board consist of senior profile people with decades of experience in financial services industry with presence or reach in multiple countries providing strategic value addition to our clients. +971 56 458 5813 | info@micapitalservices.com | www.micapitalservices.com
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