All The Ways You Can Move To Dubai
Table of Contents
Introduction
So, you’re thinking about setting up a business in Dubai? It’s an exciting choice with endless possibilities, but there’s also a lot to consider. Today, we’re going to walk you through everything you need to know – and we’ll also give you a glimpse into the amazing Downtown Dubai neighborhood along the way. So let’s dive in!
Why Dubai?
Dubai’s known for its vibrant lifestyle, tax-friendly policies, and ever-growing business opportunities. Entrepreneurs from around the world are flocking here, and it’s easy to see why. Setting up a business in Dubai opens the door to incredible growth potential, but let’s break down the process so you know exactly what to expect.
Here’s a video on the same topic by our co-founder Kevin McKenzie.
Three Main Routes to Move to Dubai
There are a few different ways to move to Dubai, each with its own benefits. Let’s go through the three main options:
Buying Real Estate
Buying property in Dubai is a popular option for those looking for long-term residency. Dubai’s real estate market is thriving, thanks to both local residents and the influx of international investors. Whether you’re interested in a ready property or an off-plan investment, purchasing real estate in Dubai is a smart way to get a Golden Visa, which provides a 10-year residency. This is a major plus for those looking to secure a long-term presence in the UAE.
Pro-tip: If you’re looking to buy real estate in Dubai, GenZone has a real estate branch that can help you find properties that meet your specific needs – without any pressure or hidden fees.
Employment Visa
If you’ve landed a job with a Dubai-based company, you’ll be eligible for an employment visa. This is one of the most common ways to move to Dubai, especially if you’re planning to work in industries like real estate, finance, or tech. An employment visa will grant you residency and access to all the necessary services, including banking and long-term renting.
Setting Up a Company
If you want to start your own business, setting up a company in Dubai is the way to go. With GenZone’s expertise, we can assist you in establishing your business and securing your residency. This option allows you to sponsor yourself under your company, giving you control over your residency process.
Step-By-Step Guide to Setting Up Your Business in Dubai
Let’s dive into the process of setting up a company and securing residency in Dubai. We’ll break it down by week, so you know what to expect.
Week 1: Registering Your Company
This step is all about setting up your company. You’ll start by deciding if you want a free zone company (ideal for online businesses) or a mainland company (perfect for businesses that need a physical location). Free zones are great for online operations, offering benefits like zero taxes and 100% foreign ownership. Mainland companies provide access to the local market, which is beneficial for businesses that need a physical storefront or office.
Week 2: Entry Permit & Flying to Dubai
Once your company is registered, you’ll receive an entry permit. This allows you to enter Dubai to continue the process. Many parts of the process, including company registration, can be completed remotely, so you’ll only need to be in Dubai for the final steps.
Week 3: Medical Exam and Biometrics
To get your residency permit, you’ll need to complete a medical exam and biometric screening in Dubai. GenZone’s dedicated team can guide you through this and handle the paperwork, so you can focus on settling in.
Week 4: Residency Card and Bank Account Setup
Once your residency is approved, you’ll receive your Emirates ID. At this point, you’re fully set up as a resident! You’ll then be able to open a local bank account, giving you access to a range of banking services to manage your finances. With GenZone’s help, this can be done in as little as a day.
Real Estate Investment: The Fast Track to Residency
If real estate investment is your path to Dubai, here’s what to expect.
Property Purchase
If you’re purchasing property with cash, you can complete the transaction and receive your title deed within 24 hours. For those opting for a mortgage, expect the process to take about a month. Once you have the title deed, you’re eligible for the Golden Visa.
Golden Visa Application
The Golden Visa process typically takes about a week. Just like with a company setup, you’ll need to complete a medical exam and biometrics. With a 10-year residency, the Golden Visa is a great option for those who want stability and long-term security in Dubai.
What’s Life Like in Dubai?
Aside from the business opportunities, Dubai is a city that offers a unique lifestyle. Imagine waking up to views of the Burj Khalifa or taking a stroll by the Dubai Fountain every night. The city is home to incredible architecture, pristine beaches, and countless entertainment options.
Despite what you may hear, Dubai is still growing and evolving. Just take a look around Downtown Dubai – there are still several projects under construction, meaning the city has plenty of room for growth and innovation. If you’re worried it’s “too late” to move to Dubai, think again! The city is constantly developing, making it an ideal place to start a business or invest.
Choosing the Right Path for You
So, which route is best for you? Here’s a quick guide to help you decide:
If you’re an employee looking for a career in Dubai, the employment visa is the way to go. Dubai has a thriving job market in industries like real estate, finance, tech, and hospitality. Whether you’re looking to work for a local or international company, you’ll find plenty of opportunities here.
If you’re a business owner or freelancer, setting up a company might be the best option. With GenZone’s help, you can establish your business and secure your residency in just a few weeks. This option gives you flexibility, as you can sponsor yourself and take advantage of Dubai’s tax benefits.
If you’re interested in real estate investment, consider the Golden Visa. This 10-year visa is ideal for investors who want a long-term presence in Dubai. It’s a great way to diversify your portfolio while securing residency in a dynamic city.
A Quick Look at the Costs Involved
To set up a company in Dubai, expect to invest between AED 15,000 to AED 30,000, depending on the type of license and location. Real estate investments require a minimum spend of AED 2 million to qualify for the Golden Visa, so keep this in mind when planning your move.
It’s also important to factor in living costs. Dubai is known for its luxurious lifestyle, but there are options for every budget. Rent, utilities, and transportation are all manageable with the right planning. Many residents enjoy tax-free salaries, which can make a significant difference in cost-of-living calculations.
Final Steps: Get in Touch with GenZone
Whether you’re buying property, setting up a company, or moving for employment, GenZone is here to help. With extensive experience in business setup, real estate, and relocation services, we provide end-to-end support to make your move as smooth as possible. Dubai’s growth is far from over, and there’s no better time to start building your future here.
Contact GenZone today for a consultation and let’s make your Dubai dream a reality! Dubai is waiting for you, so take the leap and become part of this incredible city.
