Self-sponsorship visa in Dubai: A comprehensive guide
The self-sponsorship visa is an attractive concept for business people and entrepreneurs who wish to live and work in Dubai without having to fulfil the usual requirements of a sponsoring employer. This visa allows applicants to secure their own residency in the UAE by starting a business or taking over an existing business.
What is a self-sponsorship visa?
The self-sponsorship visa allows individuals to sponsor themselves in Dubai without the need for a local sponsor or employer. This visa is particularly aimed at expats who wish to start their own business or work as a freelancer in Dubai. It offers a flexible solution to obtain a residence permit while promoting entrepreneurial activities.
Requirements for the self-sponsorship visa
- Proof of a valid passport.
- Registration of the company or proof of self-employment.
- Submission of ownership documents and business licence.
- Financial stability and proof of sufficient means of subsistence.
- Medical insurance for the applicant and any dependants.
Advantages of the self-sponsorship visa
A self-sponsorship visa offers several advantages, including
- Independence: you are not dependent on a local sponsor and can make decisions about your business yourself.
- Flexibility: The visa allows you to work and live independently in terms of time and location.
- Easy extension: The visa can be extended relatively easily, provided the conditions are met.
Applying for the self-sponsorship visa
The application process for the self-sponsorship visa comprises several steps:
- Company registration: first you need to register your company or apply for a licence as a freelancer.
- Documentation: All required documents must be prepared and submitted, including financial evidence.
- Visa application: Submit the application to the relevant office and wait for approval.
FAQs on the self-sponsorship visa
What are the costs for the self-sponsorship visa?
The costs may vary, but depend on the company registration fees and administrative fees.
How long is the self-sponsorship visa valid for?
As a rule, the visa is valid for 1 to 3 years, depending on the specific conditions.
Illustrative example on the topic: Self-sponsoring visa
Imagine a German IT specialist named Max decides to live in Dubai and start his own software company. After taking all the necessary steps to register the company and prove his financial means, he applies for a self-sponsorship visa. Once approved, Max can not only live in Dubai but also work independently with his company. This step not only allows him to advance his career, but also to experience Dubai’s cultural diversity first-hand.
Conclusion
The self-sponsorship visa is an excellent option for entrepreneurs who want to start their own business or work as a freelancer in Dubai. It offers numerous benefits, including independence and flexibility, making it an attractive choice for many expats. If you would like to learn more about the Dubai property market, explore our extensive collection of articles.
