In a big update to its long-term residency programme, the UAE has introduced a new nomination-based Golden Visa policy, making it easier for Indian nationals to apply without needing to invest in property or business.
Previously, securing the UAE’s prestigious Golden Visa meant a steep financial commitment: typically an investment of AED 2 million (approximately Rs4.66 crore) in real estate or business. But under this new policy, Indian citizens can be nominated for a lifelong Golden Visa by paying a one-time fee of AED 1,00,000 (around Rs23.3 lakh), with no investment required.
India and Bangladesh are the first countries chosen for the pilot phase of the nomination-based Golden Visa policy. This new route offers a significantly more accessible pathway for Indian professionals, entrepreneurs, and skilled individuals looking to make the UAE their home without the investment barrier that previously stood in the way.
What is the UAE Golden Visa?
The UAE Golden Visa is a long-term residency programme that grants foreign nationals the right to live, work, and study in the UAE for up to 10 years, with the option to renew. Launched in 2019, it was originally aimed at investors, entrepreneurs and outstanding students, allowing them to stay in the country and sponsor family members and domestic staff.
Who is eligible for the Golden visa?
Indian citizens can be nominated for UAE residency for life by paying a one-time fee. Applicants will go through a detailed screening process that evaluates their background, professional track record and how they might benefit from and contribute to the UAE’s economy. If approved, individuals will be granted residency for life, with the freedom to live, work, study, and conduct business in the UAE. The visa also allows them to sponsor family members and staff.
How to apply for the Golden visa?
Applications can be submitted via VFS Global or One Vasco, a visa concierge service, at centres across India.
How long is the duration of the residency?
The nomination-based Golden Visa offers lifelong residency. This is a key difference from the investment-based visa, where the residency ends if the property is sold or divided. With the new policy, once the nomination is approved, your UAE residency remains intact for life.
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