Boring of high taxes?
Unlocking the Benefits of a Residence Visa in Dubai
Are you considering relocating to the United Arab Emirates and exploring your options for a residence visa? Understanding the various types of residence visas and the benefits they provide can help you make an informed decision. In this blog post, we will outline the primary advantages of obtaining a residence visa in Dubai, whether it's for real estate, business, employment, teleworking, or family purposes. The main benefits of obtaining a residence visa in Dubai are the following:
1. Financial Independence
A residence visa allows you to open a local bank account, which is crucial for managing your finances and receiving your salary. This also simplifies paying for housing and other expenses. Moreover, you can secure a permanent phone number, ensuring consistent and reliable communication, unlike tourist visas that often come with temporary, easily deactivated numbers.
2. Continuous Living and Working Privileges
With a residence visa, you can live and work in Dubai without interruptions, unlike with a tourist visa that only allows stays of 1 to 90 days. A residence visa typically lasts for two years, enabling you to reside in the UAE year-round. This permits you to explore a broader range of housing options, avoiding the high costs associated with short-term accommodations like hotels and Airbnb’s, especially during peak tourist seasons.
3. Sponsorship Opportunities
A residence visa empowers you to sponsor your family members, making it easier for them to join you in Dubai. This ensures that your loved ones can also enjoy the benefits and lifestyle of living in the UAE, creating a more seamless and enjoyable experience for everyone involved.
4. Tax Residency Certification
One of the significant benefits of a residence visa is the ability to obtain a tax residency certificate. To qualify, you need to stay in the UAE for at least 185 days per year, maintain appropriate accommodation, and have a local bank account for a minimum of six months. This certificate can be advantageous for tax planning and international business dealings.
5. Access to Local Health Insurance and Driving Privileges
Possessing a residence visa grants you access to local health insurance, which is essential
for obtaining and being reimbursed for medical care in the UAE, where healthcare
expenses can be significant. Additionally, it enables you to drive legally by converting
your driver’s license to one that is valid in the Emirates.
At Kerglad, we support you throughout the entire process of setting up your business in
Dubai. From initial procedures to securing your visa and bank account, Kerglad is your
trusted partner in Dubai, offering a comprehensive service acclaimed by numerous
entrepreneurs. Contact us to successfully support you in the creation of your company in
Dubai!