What is the process to obtain an investor visa in Ajman Free Zone?
The Ajman Free Zone Authority (AFZA) offers investor visas to individuals who are interested in investing in a business in the free zone. The investor visa allows the holder to live and work in Ajman Free Zone and to bring their family members to the free zone.
The process to obtain an investor visa in Ajman Free Zone is as follows:
Apply for a company formation certificate: The first step is to apply for a company formation certificate from AFZA. This will allow you to set up a company in the free zone and start operating your business.
The company formation certificate can be obtained by submitting the following documents to AFZA:
* A copy of the passport of the applicant
* A copy of the residence visa of the applicant
* A copy of the commercial registration of the company
* A copy of the memorandum and articles of association of the company
* A copy of the business plan of the company
* A copy of the bank statement of the company
Deposit the minimum share capital: The minimum share capital required for an investor visa in Ajman Free Zone is AED 10,000. This can be deposited in cash or in the form of a bank guarantee.
Submit an investor visa application: Once you have the company formation certificate and the minimum share capital, you can submit an investor visa application to AFZA. The application form can be found on the AFZA website.
The investor visa application form requires the following information:
* The name of the applicant
* The passport number of the applicant
* The date of birth of the applicant
* The nationality of the applicant
* The residential address of the applicant
* The contact information of the applicant
* The details of the company in which the applicant is investing
Provide the required documentation: The documentation required for an investor visa application includes:
Passport
Visa application form
Medical report
Police clearance certificate
Proof of investment (e.g., bank statement, share certificate)
Pay the visa application fee: The visa application fee for an investor visa in Ajman Free Zone is AED 500.
Wait for the visa approval: The processing time for an investor visa application in Ajman Free Zone is typically 2-3 weeks.
Collect the visa: Once the visa is approved, you can collect it from the AFZA office.
Here are some additional details about the process to obtain an investor visa in Ajman Free Zone:
The investor visa is valid for 3 years and can be renewed for an additional 3 years.
The investor visa allows the holder to live and work in Ajman Free Zone.
The investor visa holder can also bring their family members to Ajman Free Zone.
Here are some tips for obtaining an investor visa in Ajman Free Zone:
Start the process early. The visa application process can take several weeks, so it is important to start the process early.
Be prepared with the required documentation. Make sure you have all the required documentation ready before you submit your visa application.
Pay the visa application fee. The visa application fee is required to process your visa application.
Collect the visa. Once the visa is approved, you can collect it from the AFZA office.
By following these tips, you can increase your chances of obtaining an investor visa in Ajman Free Zone and start your business in the free zone.
In addition to the above, here are some other things to keep in mind when applying for an investor visa in Ajman Free Zone:
The applicant must be of sound health and have a clean criminal record.
The applicant must have a valid passport and visa for the UAE.
The applicant must have a valid company formation certificate from AFZA.
The applicant must have a minimum share capital of AED 10,000.
The applicant must provide the required documentation.
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