Investor/Partner Visa Cancellation

Investor/Partner Visa Cancellation-Dubai

What are the procedures of Investor/Partner Visa cancellation in Dubai?

Required Documents:

Application FeeDh60 (Typing charge extra) to be paid at Typing Centre for canceling visa in the passport. 

STEPS TO FOLLOW

Type application form. Put company seal and signature of the local sponsor, attach all above documents and submit at the Immigration counter along with original passport and Emirates ID. Visa will be cancelled same time. 

Grace Period: You shlould cancel your visa in the passport within 30 days from the date of visa expiry.
Applicant can stay in UAE 29 days from the date of cancellation if his visa was not expired at the time of cancellation. If the cancellation done during the grace period, remaining days will be allowed to stay without fine. If the the cancellation done during overstay period, 6 days will be granted from the date of cancellation. 

Fine Dh25 per day will be calculated for Residence visa overstay.

Fine can be paid at Immigration or Airport at the time of exit.

Partner Visa Cancellation without Share Selling

If you want to cancel your Partner/Investor Visa without selling shares, you have to follow below procedures.
Type Arabic Letter from the side of local sponsor stating that he doesn’t have objection for canceling the said partner without selling his shares. Local sponsor should be present at Immigration and sign the letter in front of the immigration officer. Then attach the letter with partner visa cancellation form. 

Partner Visa Cancellation (If the partner is out of UAE)

Get power of attorney from the partner giving authorization to any other partner in the company to sell his shares on behalf of him, to cancel his investor visa from Immigration Department, to receive partner deposit amount (if any) from Immigration Department and to sign all the necessary documents. This power of attorney should be attested by UAE Embassy in his country and UAE Foreign Affairs in Dubai. Arabic translation and attestation from Ministry of Justice also required if the power of attorney is not made in Arabic. Now the attorney can sign in the Share Sale Agreement on behalf of the said partner and complete the remaining procedures of cancellation.

Partner Visa Cancellation (If the partner is out of UAE more than Six Months)

Take personal file print of the partner from Immigration Department. Dh120 should be paid there for the print-out. Type Cancellation form from Typing Centre, put company seal, get  signature from the local sponsor, attach above mentioned documents and submit at Immigration.

For Assistance contact Capital Documents Clearance Services: +971 50 452 6462

Family Visa Hold: If the applicant has dependents (spouse, children, maid) under his/her sponsorship, their visa must be cancelled before canceling his/her visa. Or If he/she has got new Employment Visa/Investor visa offer, he can deposit Dh5000 at immigration office to avoid canceling his dependents visa. Once his new visa stamped, he can refund Dh5000. Click here for information about family visa hold.

Frequently Asked Questions
Q
What is the procedure of Investor/Partner Visa deposit refund from Dubai Immigration?

REFUND PROCEDURES
Take original deposit receipt and your passport to Refund Counter at Immigration Head Office, Jafiliya. 

Get no objection for refund seal from the counter and go to Dubai Commercial Bank (next to Immigration building) and collect the cash. Bank will charge Dh40 as commission. 

Deposit Receipt Lost: if lost, collect lieu of lost receipt from Dubai Commercial Bank (next to Immigration building), Jafiliya. You can show the receipt copy or your original passport for reference. Take this receipt to Immigration refund counter and pay Dh70 as lost fee. Immigration officer will put a stamp of NO OBJECTION FOR REFUND, go to CBD counter and collect the cash. Bank will charge Dh40 as commission.

Q: I had deposited Dh10,000 / Dh20,000 for my investor/partner visa. I heard that as per the new rule, no deposit for investor/partner visa. Can I refund my old deposit from Immigration?.

A:
 Yes, you can refund. follow the same above steps. If you have family under your sponsorship, you should deposit Dh3020 for each. Then you can refund your own visa deposit. 


You cannot refund
 your deposit, if there is overstay or other violation in your company file. 

Can I leave country without cancelling my visa?
Q
: I am a shareholder in a company and am on an
 investor residence visa issued by Dubais General Directorate of Residency and Foreigners Affairs (GDRFA). I recently sold my 40 per cent share of the company to one of the shareholders and wrote him a waiver. I also received the value of the sold shares. At present, I have no stake in the company and my residence visa will expire next month. I intend to go back to my home country and will not return to the UAE. However, I need to leave urgently and will not have time to complete the cancellation procedure with the GDRFA. Can I leave Dubai without formally cancelling the visa with the authority?
A: The questioner may not leave the UAE without formally cancelling the visa. The questioner should first make a sale contract between him and the new purchaser, get the document attested by the Notary Public in the presence of all partners so they can sign the said contract (amendment to the memorandum of association), and then this contract shall be submitted, along with an application to cancel the visa, to GDRFA. The residence visa will then be cancelled. The procedure will not take too long, and it is in the best interest of the questioner to avoid any future liability in case the company faces any problems (GN).

Immigration Branch Locations

Main Branch
Bur Dubai, Karama, Opposite Jafiliya Metro Station
Working Time: 7:30am – 8pm (Sun-Thu)
Immigration Call Centre  800 5111 

Dubai International Airport (Terminal 3)
Gate No.2, Arrivals area
Phone: 04-707 5388
Timing: Around the clock, seven days a week (including holidays)
Services: All visa related services (including e-gate card)

DNATA Emirates Building
Near Clock Tower, Deira
Phone: 04-707 5946

(Dh25 extra service charge for each transaction)
Timing: 7:30 to 2:30pm

A’amal Center  Hyatt Regency
Hyatt Regency Hotel-Deira
Business Centre, First Floor
Phone: 04-707 5922
(Dh30 extra service charge for each transaction)
Timing: 8am to 2:30pm

Municipality Service Centre
Al Towar, Qusais, Opposite Al Towar Mall
Phone: 04-707 5162
Timing: 7:30 to 8pm

Bin Souqat Centre
Al Rashidiya
Phone: 04-
707 5939

Timing: 7:30 to 8pm

Arabian Centre
Mirdif / Al Mizhar
Phone: 04-707 5181
Timing: 7:30am – 8pm