The UAE Offers Indians a New Golden Visa for ₹23 Lakh
In a significant development, the United Arab Emirates (UAE) has launched a nomination-based Golden Visa program targeting eligible Indian nationals. Unlike previous residency schemes that required substantial investments, the new initiative allows Indian professionals to secure long-term UAE residency by paying a processing fee of AED 100,000 (approximately ₹23 lakh or 8,300 Kuwaiti Dinar), without any investment obligations.
Who Can Apply?
This new visa category is open to a broad range of applicants, including:
- Entrepreneurs
- Scientists and researchers
- Professionals in business and technology
- Artists, creatives, and influencers
Each applicant must pass rigorous background checks, covering criminal records and financial history. Additionally, they must demonstrate their potential contribution to the UAE’s economy and society in sectors such as business, science, culture, or professional services.
Key Benefits of the Visa
- Lifelong Residency: The Golden Visa is valid for life, unlike real estate-based visas that are void once the property is sold.
- No Investment Required: Applicants do not need to invest in property or businesses.
- Family Sponsorship: Visa holders can sponsor immediate family members and household staff.
- Wider Professional Recognition: The visa recognizes achievements in various non-investment sectors.
Application Process and Management
The Rayad Group, in partnership with VFS Global’s ETM division, is managing the application process. Dedicated visa centres have been opened in:
- Delhi
- Mumbai
- Chennai
- Hyderabad
- Ahmedabad
- Pune
The initial rollout targets applicants from India and Bangladesh, with over 5,000 Indian applications expected within the first three months.
Despite the relatively accessible fee structure, officials have clarified that approval is not automatic. Each application is subject to a thorough review by UAE authorities, and only those who meet all eligibility requirements will be granted the visa.
Kuwait has also recently introduced initiatives to attract global talent and streamline visa procedures. For instance, the country implemented new policies to enhance transparency in its Ministry of Interior’s administrative processes.
The UAE’s new Golden Visa initiative marks a strategic shift towards attracting skilled talent from South Asia without demanding financial commitments. It offers a compelling opportunity for professionals looking to establish a long-term presence in the Gulf, supported by a transparent and merit-based selection system.