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UAE Launches ₹23 Lakh Lifetime Golden Visa for Indians Without Investment

In a major policy shift, the United Arab Emirates has launched a new nomination-based Golden Visa that offers lifetime residency to eligible Indian nationals without the need for high-value investments. This new visa is available at a one-time fee of AED 1,00,000, which is approximately ₹23.3 lakh.

Previously, the UAE’s Golden Visa was only granted to those making a minimum property investment of AED 2 million (around ₹4.66 crore). However, under the new system, individuals can now qualify for the visa through a nomination process based on their professional background, contributions to society, or potential impact on key sectors such as culture, science, business, trade, startups, and finance.

India and Bangladesh have been chosen for the pilot phase of this initiative, with over 5,000 applications expected from Indian nationals in the first three months. The application process is being handled by Rayad Group, the official consultancy firm managing the visa nominations. Rayad Group is working in partnership with VFS and One Vasco centres across both India and Bangladesh. Applications can also be submitted online or through a dedicated call centre.

Rayad Kamal Ayub, Managing Director of Rayad Group, described the opportunity as “a golden opportunity for Indians”. He added that the process includes thorough screening such as anti-money laundering checks, criminal background verification, and social media review. Final decisions on approvals are made by the UAE government authorities.

Those approved under this new visa model can bring their family, hire domestic staff, and engage in both business and professional activities. Unlike property-based Golden Visas that are cancelled if the property is sold, this new nomination-based visa offers permanent residency.

This initiative reflects the UAE’s continued focus on strengthening its economic and strategic relationship with India, especially after the Comprehensive Economic Partnership Agreement signed in 2022. There are also plans to extend this program to other CEPA partner countries, including China, in the coming phases.

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