Dubai: The United Arab Emirates has unveiled a new nomination-based Golden Visa scheme, offering Indian nationals a simplified and lifelong residency pathway without requiring significant property or business investments.
Previously, one of the key routes for Indian citizens to obtain the UAE’s prestigious Golden Visa involved investing at least AED 2 million (₹4.66 crore) in property or making substantial business investments.
The new system, however, allows eligible applicants to secure lifelong residency by paying a one-time fee of AED 100,000 (approximately ₹23.3 lakh).
India and Bangladesh have been chosen for the pilot rollout of this initiative, reflecting the UAE’s close economic and strategic ties with both nations. The selection of India, in particular, underscores the deepening partnership between the two countries following the signing of the Comprehensive Economic Partnership Agreement (CEPA) in 2022.
The Rayad Group, a consultancy firm, has been appointed to facilitate the nomination process in India. “This is a golden opportunity for Indians to gain lifelong residency in the UAE,” said Rayad Kamal Ayub, Managing Director of Rayad Group.
Applicants will undergo comprehensive background checks, including anti-money laundering verification, criminal record screening, and social media assessments.
The evaluation will also determine how candidates can contribute to the UAE’s economy or society in fields such as business, finance, culture, science, or startups.
Rayad Group will forward vetted applications to the UAE government, which will make the final decision on granting the Golden Visa.
Applications can be submitted through One Vasco visa centers in India and Bangladesh, registered offices of Rayad Group, its online portal, or a dedicated call center. Pre-approval can be secured from the applicant’s home country without the need to visit Dubai.
The new nomination-based Golden Visa offers holders the freedom to live and work in the UAE indefinitely. Successful applicants can also sponsor family members, employ domestic staff, and engage in any professional or business activity in the country.
Unlike the traditional property-based Golden Visa, which becomes invalid if the property is sold or divided, the nomination-based visa offers lifelong validity, regardless of the property ownership status.
Global News Desk
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