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Welcome to your go-to guide on Masdar City Visa Cost & Types (Freelancers, Investors & Family, etc.) by FZBuddy! Thinking about making a move to this eco-conscious paradise in Abu Dhabi? You’re in the right place to get all the details on visas. So, let’s dive in!
On this page, you’ll learn about the following:
What is Masdar City?
Masdar City isn’t just another spot in Abu Dhabi; it’s a groundbreaking sustainable city that’s all about clean tech and renewable energy. Unlike other Abu Dhabi Free Zones, this place is a magnet for foreign investors and business owners who want to make a difference. Imagine a city that’s not just a hub for business but also a blueprint for a greener future. Yep, that’s Masdar City for you.
Read More: Masdar City Visa Types with Cost for Freelancers, Investors & Family
Overview of Visa Costs & Types for Masdar City
When it comes to visas, Masdar City has got you covered with a range of options. Whether you’re a freelancer, an investor, or planning a family move, there’s a visa tailored just for you. The Masdar City Free Zone is especially appealing if you’re into portfolio companies or run corporate entities. It’s your one-stop-shop for a smooth and hassle-free visa experience.
So, you’re a freelancer and want to work in Masdar City? It is best to obtain a freelancer visa to have freedom to work anywhere in the city.
Eligibility Requirements for a Freelancer Visa
If you’re a freelancer, you’ll just need to tick a few boxes, like having a trade license and filling out an application form. Oh, and don’t forget a passport photo with a white background. For example, if you’re a fashion stylist or a textile designer, you’ll need to show off your portfolio.
Cost of a Freelancer Visa
The cost can vary, but you’re generally looking at something between AED 7,000 and AED 10,000. This includes the freelance permit and other entry permit fees. Just a heads-up, these are the basic costs; you might have some additional costs depending on your situation.
How to Apply for a Freelancer Visa
- Hand in your application form and all the needed documents.
- Pay up the AED 3,000/- license fee.
- Sit tight for the green light from E-Channel Services.
Benefits of Obtaining a Freelancer Visa
- Legal Form: You can operate under various legal forms, like a limited liability company.
- Office Space: Get access to cool co-working spaces.
- Business Plan: You’ve got the freedom to switch up your business activities.
Challenges with Obtaining a Freelancer Visa
- Track Record: You’ll need to show you’ve got experience in your field.
- Service Provider: You’re limited to specific sectors.
To apply for an investor visa in Masdar City Free Zone, you’ll need to follow the specific procedures and requirements set by the free zone authorities.
Eligibility Requirements for an Investor Visa
If you’re an investor, you’ll need to prove you’ve got the capability in investment management and meet a minimum investment amount. You’ll also need to show you’re active in alternative investments or hedge funds. For instance, if you’ve dabbled in investment management with mutual funds, that’s a big plus.
Cost of an Investor Visa
The cost can range from AED 13,000 to AED 20,000, depending on what business activity and legal entity you’re involved in.
How to Apply for an Investor Visa
- Submit your business plan and your investment objectives.
- Pay the necessary fees.
- Wait for the thumbs-up from E-Channel Services.
Benefits of Obtaining an Investor Visa
- Direct Investments: Perfect for angel investors.
- Private Company: You can operate as a private company or even a multi-family office.
Challenges with Obtaining an Investor Visa
- Informed Investment Decisions: You’ve got to show you make smart investment choices.
- Security Levels: Be prepared for some serious scrutiny.
Family Visas are perfect if you’re planning to move your family offices to the UAE. The biological parent or actual parent must already have a valid Masdar City visa to sponsor their kiddos.
Masdar City is a treasure trove of visa options, each designed to fit your unique needs. From Freelancer Visas to Investor Visas and Family Visas, there’s something for everyone. So, what are you waiting for? Kickstart your journey in Masdar City today! Whether you’re a solo independent contractor or a business owner looking to expand your corporate services, the diverse visa options in Masdar City offer the flexibility and opportunities you need to make it big.
FZBuddy aims to provide accurate and reliable information as you navigate the UAE Freezone space. As such, our writers refer to primary information sources in supporting each article appearing on this website. These include, but are not limited to, published news articles, government portals, research papers, and more.
- Digital, T. (n.d.). Welcome to Masdar City. https://masdarcity.ae/
- Home – Government of Abu Dhabi. (2023). Government of Abu Dhabi. Retrieved September 10, 2023, from https://www.abudhabi.gov.ae/