Bahrain Investor Visa cost& timeframe

29POSTS

7 years ago

Hi,
Can anyone please let me the cost for Bahrain Investor Visa and any good agents who can process it.
How long it takes to get such Visa?
What is validity and fees?
Can we work on such visa or do any business?
Do we need to setup or register any company for this visa? If so what is the cost.
How long does the entire process takes.

Please share your experiences.

Thanks,

Kamran.

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Kamran_here Active member

29POSTS

7 years ago

Thanks for your prompt response.

Kamran_here Active member

29POSTS

7 years ago

Hi, X TANG,

Thanks for your sharing link with detailed information. Can you please share any agent contact details if you know by chance to help through entire process.

Thanks.

XTang Bahrain/UAE/KSA Expert

11978POSTS

7 years ago

An agent costs up to 800 BD but the value added is next to nothing. They will charge you for stuff that you can easily do yourself online. Sijilat is very easy to use. Also, despite having an agent, you will have to still do quite a lot yourself i.e. appearing in MOIC, going to banks etc. Their only real use is guiding you on the process and what to do - which you don't need to as I have listed it completely

. On top, most of them DON'T know any details about the complexities of setting up a company - they are glorified delivery boys only. As an example, an agent didn't know what the authority levels for the company i.e. Jointly or Solely meant and ended up putting all partners Jointly. This meant that for ANY action, EVERYONE had to sign the document to get it done vs. Solely, in which case, either authorized person could do that.

So in short, I don't find agents to be worth the money IF you are based in Bahrain and can spare the time to do the legwork.

Secondly, agents will only help with MOIC and max LMRA registration (practically for LMRA, they will just take a token and accompany you there, stand at the back while you talk to LMRA people and hand over your documents). Everything else such as visas or other entities like SIO will be handed over to their PROs or document clearing agencies, which means that you will pay more and it won't be an end to end service.

A true end to end service would be through a lawyers office and that would cost a LOT. If you still want to engage an agent, my suggestion is to search document clearing agencies online, browse their websites, call them and get an idea about costs & the services they provide.

3 members reacted to this post

Kamran_here Active member

29POSTS

7 years ago

Thanks a ton for taking out time and sharing your experience. Much Appreciated.

Maryam Member

18POSTS

4 years ago

Good morning! Just want to know if we can start applying investor visa while waiting CR to ba active ?? because my working visa already cancelled of my employer or o need to wait be active first. We are done on depositing capital waiting for approval ..

Thank you ..

topinsight01 Banned

347POSTS

4 years ago

Good morning! Just want to know if we can start applying investor visa while waiting CR to ba active ?? because my working visa already cancelled of my employer or o need to wait be active first. We are done on depositing capital waiting for approval ..
Thank you ..

- @Maryam

You cannot apply for Investor Visa unless your CR is Active and you have registered the company with LMRA.

Maryam Member

18POSTS

4 years ago

@topinsight01 thanks for your swift response ..

I am worried because my CR still on bank process waiting for approval and my visa already cancelled by my employer last May 8. Is there any problem if the sponsor will apply my investor visa once CR active and registered to LMRa within 1 month of No valid visa ??

Thanknyou

topinsight01 Banned

347POSTS

4 years ago

#10

@topinsight01 thanks for your swift response ..
I am worried because my CR still on bank process waiting for approval and my visa already cancelled by my employer last May 8. Is there any problem if the sponsor will apply my investor visa once CR active and registered to LMRa within 1 month of No valid visa ??

Thanknyou
- @Maryam

Dear,

Please note that you have 30 days from cancellation. So you can apply before 7th June. Try to get the cr active and apply for investor visa asap.

Maryam Member

18POSTS

4 years ago

#11

@topinsight01 Noted with thanks ..

Maryam Member

18POSTS

4 years ago

#12

@topinsight01

Hi Sir, This is me again, what if my CR still not yet active till June 7. And my visa expired .. Is there no chance for me to apply investor visa ??

topinsight01 Banned

347POSTS

4 years ago

#13

@topinsight01
Hi Sir, This is me again, what if my CR still not yet active till June 7. And my visa expired .. Is there no chance for me to apply investor visa ??

- @Maryam

No There is no chance to apply for Investor Visa until CR is active. You will have to take the grace period from NPRA if your 30 days grace period is expired before you apply for Investor Visa.

Maryam Member

18POSTS

4 years ago

#14

@topinsight01 Yes, What if my grace period finish and still my cr not yet active .. Is there still chance for me to apply investor visa?

topinsight01 Banned

347POSTS

4 years ago

#15

@topinsight01 Yes, What if my grace period finish and still my cr not yet active .. Is there still chance for me to apply investor visa?
- @Maryam

Yes, You can apply. But before the application, you need to get a grace period from NPRA. I am sure your current business consultant who is handling your cr will know the process.