The UAE has launched a nomination-based Golden Visa, allowing Indians lifetime residency for a fee of AED 1,00,000 (₹23.3 lakh), without the need for property or business investment. Initially rolled out for India and Bangladesh, the scheme is being piloted by Rayad Group and VFS. Applicants will undergo background checks and can apply through designated centres or online. The move reflects deepening India-UAE ties post-CEPA.
The United Arab Emirates has introduced a new nomination-based Golden Visa, offering an alternative to the traditional routes of property or business investment. Unlike the earlier requirement of investing AED 2 million (approx. ₹4.66 crore) in real estate or making a significant business investment, the new policy allows Indian citizens to secure lifetime residency by paying a fee of AED 1,00,000 (around ₹23.3 lakh), according to sources involved in the process.
More than 5,000 Indians are expected to apply for this visa within three months. India and Bangladesh have been selected for the pilot phase of the scheme, with Rayad Group appointed to test and process applications in India.
Rayad Kamal Ayub, Managing Director of Rayad Group, said this is a golden opportunity for Indians to get the UAE’s Golden Visa. “Whenever an applicant applies for this Golden Visa, we will first check their background, which will include anti-money laundering and criminal record checks, as well as their social media,” he said.
The assessment will also examine how applicants may contribute to the UAE’s economy and society in fields such as culture, trade, finance, science, startups, or professional services. “After this, Rayad Group will send the application to the government, which will make the final decision on the nomination-based Golden Visa,” he added.
“Applications can be submitted through One VASCO centres in India and Bangladesh, our registered offices, our online portal, or our dedicated call centre,” he explained.
Holders of this visa can live with their families, employ domestic help, and engage in any business or profession. Unlike the property-based Golden Visa, which becomes void upon property sale, the nomination-based visa remains valid for life.
This initiative highlights the growing strategic partnership between India and the UAE, especially after the CEPA agreement came into effect in May 2022.
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