Indian media is excited about a new type of UAE Golden Visa. According to PTI, the UAE government has introduced a nomination-based Golden Visa, which works differently from the current system that requires large investments in property or business.
With this new visa, Indians can now obtain a lifetime UAE Golden Visa by paying a fee of AED 100,000 (approximately ₹23.3 lakh), as confirmed by individuals involved in the process.
Obtaining a UAE Golden Visa through investment is a very expensive process. Official records indicate that Indians must purchase property worth at least AED 2 million (approximately ₹4.66 crore) or invest a substantial amount in a business to qualify.
But with the new nomination-based visa, there’s no need to invest in property or business to get the UAE Golden Visa.
The Golden Visa is a service provided by the UAE’s Federal Authority for Identity, Citizenship, Customs, and Port Security. Right now, the UAE’s main immigration website (ICP) does not show details or conditions about the new nomination-based Golden Visa.
According to reports, this new nomination-based visa is for people who want to get a UAE Golden Visa. It is a long-term visa that allows talented individuals from other countries to live, work, and study in the UAE, with numerous special benefits.
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The UAE Golden Visa is open to investors, entrepreneurs, scientists, top students and graduates, humanitarian workers, and front-line heroes.
“This opportunity allows eligible individuals, including business owners, professionals, scientists, entrepreneurs, creatives and influencers to apply for a 10-year UAE residency under a government nomination category, with no requirement to invest in real estate or establish a company. Visa holders can sponsor their spouse, children (including adult children), parents, and household staff to live in the UAE,” reads the VFS release.
This exceptional service is the first project from the new Centre of Excellence established by VFS ETM and the Rayad Group in cities such as New Delhi, Mumbai, Ahmedabad, Chennai, Hyderabad, and Pune.
These centres will utilise advanced Generative AI technology and collaborate with legal experts to assist individuals with immigration processes and ensure compliance with regulations, according to VFS.
They expect over 5,000 Indians to apply for this nomination-based visa in the next three months.
India and Bangladesh are the first countries where this visa will be tested.
But getting the visa is not automatic by just paying ₹23 lakh. All applications will be carefully checked before approval.
“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,” said Rayad Kamal.
The background check will also look at how the applicant can help the UAE’s market and business in areas like culture, finance, trade, science, startups, professional services, and more.
“After this, RayadGroup will send the application to the government, which will make the final decision on the nomination-based Golden Visa,” he added.
Applicants seeking the UAE Golden Visa under the nomination category may obtain pre-approval from their home country without the need to visit Dubai.
Rayad Kamal stated that the property-based Golden Visa is revoked in the event of property sale or division, whereas the nomination-based visa remains valid indefinitely. Rayad Group and VFS have been chosen to vet the applicants and then forward them to the UAE authorities.
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