Bahrain Investor Visa: Steps To Obtain Your Entry

Bahrain is a dynamic business hub that offers a range of visa options for foreign investors looking to start a business in the country. The Investor Visa, also known as the Businessman Visa, is a popular choice for entrepreneurs as it offers flexibility and growth opportunities. The process of obtaining an investor visa in Bahrain involves several steps and requirements, and understanding these is crucial for a smooth application process. In this paragraph, we will explore the key aspects of acquiring an investor visa in Bahrain, including eligibility, benefits, and the overall impact on your business ventures.

Register a company or buy shares in an existing one

The Investor Visa in Bahrain is a residence permit granted to investors in the country. To get this visa, you can either register a company in Bahrain or purchase shares in an existing company.

Registering a company

If you want to register a company in Bahrain, you can set up a WLL Company. Bahrain allows 100% foreign ownership for more than 350 types of businesses. The process of company formation can be done 90% virtually, but you will need to be present in the country to open a company bank account. The requirements for company formation include:

• NOC (for employees in Bahrain only)
• Power of Attorney or E-key
• Office Address (Electricity Account)
• Memorandum of Association
• Capital Deposit Certificate

Buying shares in an existing company

Alternatively, you can invest in an existing company by buying shares. This is a strategic approach to obtaining a Businessman Visa in Bahrain. There are no restrictions on the number of investments you can make, and the financial threshold is very low, with a minimum investment of 1 Bahraini Dinar (BHD).

Investor visa requirements

The Kingdom of Bahrain offers a range of visa options for foreign investors, including the Investor Visa, also known as the Businessman Visa. This visa is available to foreign investors who own a business within Bahrain or have shares in an existing company. There are two types of investor visas: Businessman and Investor. The LMRA Investor Visa, or Businessman Visa, is issued by the LMRA Bahrain after approval from the Ministry of Industry and Commerce & Tourism and NPRA.

To be eligible for an LMRA Investor Visa, you must own a business in Bahrain. There are no restrictions on the investment amount, and you can obtain an investor visa with a minimum investment of BHD 1.

• Copy of Passport
• Copy of Commercial Registration Certificate
• Copy of GAMCA Medical Certificate (for applicants outside of Bahrain)
• Copy of Office Electricity Bill (EWA)
• Copy of Commercial Registration Extract
• Copy of the previous resident permit (if applicable)

The documents must be submitted in .gif image format, and each file size should not exceed 200 kb.

In addition to the investor visa, Bahrain also offers the Golden Visa, which provides permanent residency to foreign investors. There are four categories of eligibility for the Golden Visa:

• Real Estate Owners: Applicants must own one or more properties in Bahrain worth a minimum of BHD 200,000 (approximately $530,000).
• Foreign Residents: Applicants can be employees or retirees who have resided in Bahrain for at least five years and earned a minimum average salary of BHD 2,000 per month during this period.
• Retired Foreigners: Applicants must provide proof of retirement and demonstrate a monthly income of more than BHD 4,000 (approximately $10,600).
• Talented Foreigners: Applicants must provide evidence of exceptional talent or achievement in areas such as academics, arts, athletics, business, or invention.

The Golden Visa offers long-term residency, unrestricted entry and exit, and the ability to hire domestic labour. It is renewed once every 10 years, provided the holders meet the criteria, including staying in Bahrain for at least 90 days each year.

Investor visa benefits

The Investor Visa in Bahrain is a special type of resident permit granted to foreign investors owning a business within the country. Bahrain's immigration law offers this visa to attract foreign investment, which boosts the economy through job creation and capital investment. In return, Bahrain provides a range of benefits to investors. Here are some of the key advantages of obtaining an Investor Visa in Bahrain:

• Businessman Status: Investors gain "Businessman Status" in Bahrain, enhancing their credibility and providing networking opportunities.
• Multiple Entries Without Restrictions: Investors can enter and exit Bahrain without any limitations, providing freedom and flexibility for business travel.
• 1-Year Multi-Entry eVisa for Saudi Arabia: Eligibility for a 1-year multi-entry eVisa to Saudi Arabia, facilitating convenient business engagements in the neighbouring country.
• Easy Entry to Other Gulf Countries: Simplified access to other Gulf Cooperation Council (GCC) countries, enabling cross-border opportunities and expansion within the region.
• Business and Investment Opportunities: Bahrain offers a diverse economy with opportunities in finance, logistics, manufacturing, technology, and more.
• Strategic Location: Bahrain serves as a gateway to the Gulf region, providing access to a vast market valued at $2 trillion. This strategic location allows businesses to reach a diverse customer base quickly.
• Business-Friendly Policies: The country boasts transparent and pro-business regulations, making it easier to set up and operate businesses.
• Access to Global Markets: Bahrain has free trade agreements and economic treaties with numerous nations, providing investors with access to international markets.
• Robust Financial Sector: Opportunities in the well-established and regulated financial sector, particularly in Islamic finance.
• Tax Advantages: There is no corporate income tax, and withholding tax exemptions are offered, ensuring tax efficiency for businesses.
• Skilled Workforce: Bahrain has a pool of talented, motivated, and diligent professionals who can contribute to the success of businesses.
• Government Support and Incentives: The Bahraini government provides grants, subsidies, and assistance in obtaining licenses and permits, fostering a supportive business environment.
• Quality of Life: The country offers a high standard of living with modern amenities, a rich culture, and a welcoming expatriate community, making it a desirable location for residents.
• Golden Visa Eligibility: Investors in Bahrain may also be eligible for the Golden Residency Visa, which offers extended residency permits of ten years or more, along with additional privileges and simplified business operations.

These benefits make Bahrain an attractive destination for foreign investors seeking business opportunities, a strategic location, and a supportive business environment. The country's investor-friendly policies and incentives aim to encourage investment and foster economic growth.

How to get an investor visa

Overview

Bahrain has a thriving economy and is an attractive destination for foreign investors. The Bahraini government offers special visas called "Investor Visas" or "Businessman Visas" to foreign citizens looking to start or invest in a business in the country. These visas allow investors to reside in Bahrain indefinitely and apply for permanent residency.

Eligibility

To be eligible for an Investor Visa in Bahrain, you must be a foreign investor owning a business or holding shares in an existing company within the country. There are no restrictions on the investment amount, and you can obtain an investor visa with a minimum investment of BHD 1.

Types of Investor Visas

There are two types of investor visas in Bahrain:

• Investor Visa: This visa is for individuals who invest in a company in Bahrain.
• Businessman Visa: This visa is for those who invest and have the skills to manage and run a business in Bahrain.

Requirements

To obtain an Investor Visa in Bahrain, you will need to provide the following documents:

• Copy of Passport
• Copy of Commercial Registration Certificate
• Copy of GAMCA Medical Certificate (for applicants outside Bahrain)
• Copy of Office Electricity Bill (EWA)
• Copy of Commercial Registration Extract
• Copy of the previous resident permit (if applicable)

Benefits

The Investor Visa in Bahrain offers several advantages, including:

• Businessman Status in Bahrain
• Multiple entries without restrictions
• Easy entry into other Gulf countries
• Eligibility for the Golden Visa in Bahrain

Costs and Renewal

The annual cost of an Investor Visa in Bahrain is BHD 172, which includes basic healthcare fees and the LMRA fee. The renewal cost depends on the duration of the renewal:

• 6 Months: BHD 86
• 1 Year: BHD 172
• 2 Years: BHD 344

The investor visa is subject to a BHD 5 monthly fee.

Processing Time

Obtaining an Investor Visa in Bahrain typically takes around 5 to 20 business days. The process involves several steps, including approval from the LMRA (Labor Market Regulatory Authority), CIO (Central Informatics Organization), and NPRA (National Passport and Residency Affairs).

Investor visa renewal

Renewing your investor visa in Bahrain is a straightforward process that offers flexibility and convenience. Here are the key details you need to know about investor visa renewal:

Renewal Options:

The first thing to know is that you have options when it comes to renewal periods. You can choose to renew your investor visa for 6 months, 1 year, or 2 years. This flexibility allows you to make the choice that best suits your business plans and needs.

Affordable Renewal Fees:

The renewal fees for the investor visa are very reasonable. For a 6-month renewal, the fee is BHD 86. If you decide to renew for 1 year, the fee is BHD 172. And, if you opt for a 2-year renewal, the cost is BHD 344. These affordable fees make it convenient for investors to maintain their legal status in Bahrain.

No Need to Be Physically Present in Bahrain:

One of the most convenient aspects of renewing your investor visa is that you don't have to be physically present in Bahrain to do so. This feature is especially beneficial for those who travel frequently for business. You can renew your visa from anywhere in the world, making it a hassle-free process.

Renewal Process:

While the specific steps for renewing your investor visa may vary, you can generally expect to follow a similar process as when you first applied for the visa. This may include submitting necessary documents, such as a valid passport, proof of investment, and other relevant paperwork. Working with a local advisor or consultant can help streamline the renewal process and ensure a smooth experience.

Timing of Renewal:

It is important to be mindful of the timing when renewing your investor visa. Ensure that you initiate the renewal process before your current visa expires to avoid any disruptions to your business operations or legal status in Bahrain. Starting the process early will help ensure a seamless transition to your renewed visa.

In summary, renewing your investor visa in Bahrain is a straightforward and budget-friendly process. By choosing the renewal period that aligns with your plans, submitting the necessary documents, and staying on top of the timing, you can easily maintain your legal status as an investor in Bahrain. This flexibility and accessibility are part of what makes Bahrain an attractive destination for foreign investors.

Frequently asked questions