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In recent years, the United Arab Emirates (UAE) has been attracting doers and go-getters who are interested in making it big in business. In this respect, there are several factors contributing to its success like tax-free income, excellent infrastructural services and strategic location. Yet, determining residency options is quite a challenge that exists in the UAE.
In this article we explore why a partner visa UAE can be more preferable than other types of visas and which should be considered when starting up your business in the UAE.
A significant advantage of a partner visa is the ability to own property. Unlike employment visas with their job restrictions, a partner visa allows one to serve as an owner at a company where he works. This means that you will have control over your operations and decision-making processes.
You will have the freedom of steering your firm in its desired direction, molding its culture and making strategic decisions that suit your dreams. Through this you shall have autonomy which results in empowerment hence creating such a company which reflects your personal values and purposes.
Residency terms for partners’ visa are longer compared to any other form of visa available in the country. Normally other categories have short validity periods unlike partners visas which usually take three years. This means that as you set up your business you can enjoy some sort of stability without being worried about renewal of visa after every 2-3 years thus making it possible for one to develop the brand name while building a reputable business without fear since one does not worry anymore about renewal of visa every 2-3 years.
Furthermore, if somebody wants to bring family members with himself thereafter he should sponsor his wife and children who need residency (for family). As such they tend to become confident due to this secure environment which enables them to establish relationships within the dynamic region.
Free zone company establishment is among complicated procedures that involve significant constraints on business activities unlike partner visas. Partner Visa provides for more expansive and flexible business types as per the market demands. The ability of a company to withstand such changes is very important if we consider the fact that today’s market environment is changing very fast.
Furthermore, the acquisition of partnership visas can be faster and more efficient than other forms of residency hence allowing one to be operational within a short time thus minimizing delays in growth of an organization.
Let us now take a look at how a partner visa compares with two other popular residency possibilities in UAE:
A specific profile would ideally suit the partner visa:
Ultimately, the choice of residency option in the UAE depends on your specific goals and circumstances. Nevertheless, for individuals desiring such things as ownership in businesses, long-term residency security or reuniting with relatives through joint visas, partnership programs could appear most convincing within this framework (UAE Government Portal).
With its multiple benefits and simplified procedures, this becomes an ideal platform for embarking on entrepreneurship in Dubai where the environment is so exciting for any developing business.
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