Dubai and Abu Dhabi are two of the most vibrant and fast-growing cities in the United Arab Emirates, offering an array of activities and attractions for visitors of all ages. So why and how to move to Dubai from India you may ask yourself? Read on to find out!
Dubai in particular has long been a popular destination for Indian expats wanting to start over in a new country. From the constantly expanding infrastructure, attractive job opportunities, and even tax-free living, the region has something to offer everyone.
Understanding the basics of how to relocate to Dubai from India is paramount for citizens who want to start a new life or business in this vibrant city.
Knowing the visa requirements, accommodation options, and local laws and regulations will make the process much smoother.
In this article, we’ll discuss the reasons why Dubai is such a great destination for Indian nationals, what’s involved in setting up a business there, and details about the golden visa program.
Dubai is located in the Middle East and is a city in the United Arab Emirates (UAE). Along with Abu Dhabi, It has become a popular destination for immigrants and businesses due to its favourable business climate, low corporate tax rates, high standard of living, and attractive lifestyle opportunities.
If you’re considering how to move to Dubai from India, here are some compelling reasons why it could be the right decision and an amazing opportunity:
- Robust economy: Dubai has a diversified economy based on trade, tourism, and real estate development. The city has a well-developed infrastructure, including a modern port and airport, and is home to several major international companies.
- Favourable business climate: Dubai has a business-friendly environment that makes it attractive to entrepreneurs and investors. The city has a low corporate tax rate, minimal bureaucracy, and a well-developed legal system, making it easier to set up and operate a business.
- High standard of living: Dubai has a high standard of living, with modern amenities and a high quality of life. The city has a well-developed healthcare system, good schools, and a wide range of recreational and cultural activities.
- Attractive lifestyle opportunities: Dubai is known for its luxurious lifestyle and world-class shopping, dining, and entertainment options. The city also has a diverse population and a tolerant, cosmopolitan culture that makes it an attractive place to live for Indian expats as well as people from many different backgrounds.
- Good location: Dubai is strategically located at the crossroads of Europe, Asia, and Africa, making it an ideal hub for international trade and business. The city is also well-connected to other major cities worldwide, with direct flights to many destinations.
International newcomers to the country have a range of opportunities to find the most suitable visa for their current and future needs. Employment Visa, Dependent Visa, and Student Visa are some options readily available that can assist individuals looking to gain legal entry into the nation.
For those who plan on settling in the region for longer periods, an Investment Visa grants an advantage in terms of financial growth or a Property Owner Visa gives access right away to owning a home or invested assets.
With these different possibilities for a residence visa, there’s no need to feel intimidated when taking a step toward life abroad.
So how to move to Dubai from India with your business? Let us delve further into the primary aspects to consider when launching or relocating your business from India to Dubai.
To set up a business in Dubai, there are several points that you need to consider.
Each option has its advantages and disadvantages, so it’s important to carefully consider your business goals and needs when deciding which one is right for you.
Following this, you will need to choose a business location: Depending on the type of business you operate, options include setting up in a free zone, which offers tax-free business operations and a streamlined process for setting up and operating a business, or setting up on the mainland, which offers greater access to local markets but may have more stringent regulations.
To operate a business in Dubai, you will need to obtain the necessary licences and permits. This may include a trade licence, which allows you to conduct business in a specific industry, and other permits or approvals based on the nature of your business.
Once you have chosen a location and obtained the necessary licences and permits, you will need to register your business with the relevant authorities. This may involve submitting documentation, paying fees, and obtaining approvals from various government agencies.
And finally, once your business is registered, you will need to set up the necessary infrastructure to start operating. This may include renting or leasing office or commercial space, hiring staff, and obtaining any necessary equipment or supplies.
It’s important to note that the specific requirements and process for setting up a business in Dubai may vary depending on the type of business and the location.
It’s a good idea to seek legal advice and consult with an advisor such as Virtuzone to ensure that you meet all requirements and comply with local laws.
There are several steps that you will need to follow when moving a business from India to Dubai:
Firstly, research the business environment in Dubai: It’s important to carefully research the business environment in Dubai and understand the specific requirements and regulations that apply to your business. This may involve consulting with a business advisor such as Virtuzone, a lawyer, or researching online resources such as government websites or industry associations.
To move your business to Dubai, you will need to obtain the necessary visas for yourself and any employees who will be working in the country. The specific requirements and process for obtaining a visa will depend on your individual circumstances.
Once you have obtained the necessary visas, you will need to register and set up your business in Dubai. This may involve choosing a business location, obtaining the necessary licenses and permits, and setting up the necessary infrastructure to start operating.
Additionally, you will need to plan for the transfer of your business assets, including equipment, supplies, and any intellectual property. This may involve shipping or transporting your assets to Dubai, and you will need to consider any customs or import duties that may apply.
Finally, to operate your business in Dubai, you will need to establish a local presence. This may involve hiring local staff, setting up a local office or commercial space, and establishing relationships with local suppliers and customers.
It’s important to note that the process of moving a business from India to Dubai can be complex and may involve a significant amount of planning and coordination.
Indians who are looking to relocate to Dubai with their businesses can apply for a Golden Visa (aka investor Visa), a Real Estate Investor Visa, or a Business Visa among others.
The Golden Visa is for entrepreneurs who want to establish, manage, and direct their businesses in the UAE.
The Real Estate Investor Visa in Dubai is a long-term residency visa granted to foreign investors purchasing property in the United Arab Emirates
Lastly, the business setup visa is for non-UAE nationals who want to establish and operate their businesses. All types of visas require evidence of sufficient funds, personal documents, and a valid passport.
Now, let’s dive into the particulars of the Golden Visa.
The UAE’s Golden Visa program is a breath of fresh air for immigrants, offering an impressive 10-year residency with attractive perks that other residence visas don’t provide. Launched in 2019 as part of their campaign to attract foreign talent and promote economic development, the visa helps bring great minds from around the world together inside this unique setting.
44,000 ex-pats have taken advantage of the Dubai Golden Visa programme since late 2021 in a bid to secure residency. This successful initiative is likely to be partially responsible for the UAE’s positive performance during 2020’s global pandemic and has significantly strengthened its reputation as an attractive location for business opportunities.
The visa allows those with skill sets such as medical professionals, engineers, researchers, or students at exceptional universities access to this city-state paradise.
When it comes to the application process for a UAE golden visa, Virtuzone can help! With comprehensive end-to-end support Virtuzone will make sure that all of your documents are in order and ensure that you have everything you need to submit a successful application.
With Virtuzone you can be confident that the entire procedure runs smoothly from start to finish.
To apply for a business visa in Dubai, you will need to follow these steps:
- Determine which type of business visa you need. There are several different types of business visas available, including short-term visas for business meetings and long-term visas for those who will be living and working in Dubai.
- Gather all necessary documents. These may include a valid passport, a completed visa application form, proof of residence, and a letter of invitation from the company you will be doing business with in Dubai.
- Submit your application. You can either apply for a business visa online through the UAE government website, or you can apply in person at a consulate or embassy.
- Pay the visa fee. Fees for business visas in Dubai vary depending on the type of visa and the length of stay.
- Wait for your visa to be processed. The processing time for business visas in Dubai can vary, so it is important to apply as early as possible.
This can be a long and tricky process, however the team at Virtuzone will make it feel like a breeze.
Moving to Dubai can be an exciting yet intimidating experience for Indians.
With its mix of culture, tradition, and modernity, newcomers must learn the lay of the land in this Middle Eastern city. The following are some essential tips to help Indians make the transition to life in Dubai smoother and more successful.
The cost of living in Dubai can vary depending on several factors, including your lifestyle choices and the specific location where you live.
Here are some general daily necessities associated with living in Dubai:
- Housing: The cost of housing in Dubai can vary significantly depending on the location and quality of the property. For example, districts that are close to the beach such as Jumeirah and Dubai Marina are more expensive as they are highly desirable. In contrast, properties situated on the outskirts of the City are more affordable.
- Healthcare: Healthcare in Dubai is generally of high quality and is widely available. Private healthcare is typically more expensive than public healthcare, but many ex-pats choose to use private facilities using their medical insurance due to the shorter wait times and higher quality of care. The cost of healthcare and health insurance can vary depending on the type of treatment or procedure you require, but it is generally more expensive than in many other countries.
- Education: The cost of education in Dubai can vary depending on the type of school and the level of education. International schools are high quality and widely available, which greatly facilitates the transitioning process for children who attend school in India.
- Transportation: The cost of transportation in Dubai can vary depending on your mode of transportation and the distance you need to travel. Public transport, including buses and the metro, is generally inexpensive, while taxi fares can be higher. Owning a car in Dubai can be more expensive due to the high cost of fuel and car insurance, as well as the cost of owning and maintaining a vehicle.
- Food and groceries: The cost of food and groceries in Dubai can vary depending on your shopping habits and the type of food you buy. Fresh produce and locally-grown foods tend to be less expensive than imported items, and dining out can be more expensive than cooking at home.
- Other expenses: Other expenses to consider when living in Dubai may include utilities (such as electricity and water), phone and internet services, and leisure activities.
It’s important to note that the cost of living in Dubai may vary depending on your specific circumstances. It’s a good idea to budget carefully and plan to ensure that there are no surprises when you emigrate.
From its ornate decorations to its vibrant nightlife, Dubai is a city characterized by a unique and varied culture. This culture is also deeply influenced by the many Indian ex-pats living in the area.
From traditional Indian restaurants all over the city, to cultural events featuring art, music, and performances from all parts of India, Dubai is home to a vibrant and diverse population that has enriched its local culture in numerous ways.
Whether it’s exploring the colourful Bazaars or attending an international film festival hosted at one of the world-class resorts, visitors or those looking to relocate to Dubai can find themselves immersed in a colourful blend of both traditional Emirate and Indian cultures.
In conclusion, how to move to Dubai from India can take some time. Immigrating and moving a business from India to Dubai can be a complex and time-consuming process, but it can also be a rewarding opportunity for individuals and businesses looking to take advantage of Dubai’s favourable business climate and high standard of living.
To successfully move a business to Dubai, it’s important to carefully research and consider all factors, including the specific business location, company structure, and local laws and regulations. It’s also important to plan and allow plenty of time for the various steps involved, including obtaining the necessary visas and documents, setting up a business, and establishing a support network.
Dubai offers a range of options for business location, including free zones, which offer tax-free business operations and a streamlined process for setting up and operating a business, and the mainland, which offers greater access to local markets but may have more stringent regulations.
It’s also important to carefully research and understand local laws and regulations in Dubai, as failure to comply with them can seriously harm businesses.
Seeking legal advice and consulting with a business advisor such as Virtuzone can help you ensure that you are fully compliant with local laws and regulations and can successfully set up and operate a business in Dubai.