The United Arab Emirates (UAE) has launched a game-changer update to its Golden Visa program, and it’s especially great news for Indian citizens. Indian people can now obtain lifetime residency in the UAE without having to make significant investments in real estate or business. Instead, a new nomination-based route has been introduced, making it easier, more accessible, and more inclusive. This program will help the UAE’s growing partnership with India and aims to attract talented individuals and professionals from various sectors.
Securing a UAE Golden Visa requires a minimum investment of AED 2 million (approx INR 4.66 Crore) in real estate or business investment. However, under the new nomination-based model, eligible applicants can now obtain lifetime residency by paying a one-time fee of AED 1,00,000 (approx INR 23.3 Lakh), no property or business required here.
Who Can Apply for the UAE Golden Visa?
UAE Golden Visa for Indian citizens can be applied for if they fall into one of these categories:
- Business and Entrepreneurship.
- Technology and Startups.
- Science and research.
- Healthcare.
- Education.
- Content creators (YouTube, podcasters, & more).
- Art, culture, and media.
- Skilled workers with high monthly incomes.
How Does the Nomination-Based Process Work?
1. Application Submission Process:
- Rayad Group’s registered offices.
- Call centre.
- Official online portal.
2. Background Check:
- Criminal and financial record checks.
- Money laundering database.
- Social media activity review.
- Review of professional background and achievements.
3. Nomination and Approvals:
The application will be sent to the UAE government authorities for final clearance by Rayad Group after all procedures are completed. Importantly, applicants do not need to travel to the UAE during the application phase. Pre-approvals can be issued from India.
UAE Golden Visa Benefits:
- Lifetime Residency in the UAE.
- No property ownership required.
- You can do any business or professional work.
- No local sponsor needed.
- Global transport advantage as a UAE resident.
- Tax-free and investor-friendly country.
In contrast to the earlier property-linked Golden Visas, the nomination-based visa remains valid for life, regardless of property or business status.
Relations Behind the Move of India-UAE:
This policy shift reflects the strengthening India-UAE relationship, especially after the Comprehensive Economic Partnership Agreement (CEPA) came into effect in May 2022. India is among the first countries selected for the nomination-based model, signifying trust and economic collaboration between the two nations. In the initial phase, more than 5,000 Indian applicants are expected to take advantage of this opportunity.
Conclusion:
The major step towards redefining residency prospects for Indian people has been taken with the UAE’s new nomination-based Golden Visa. By removing the necessity for large investments and focusing on professional contribution instead, the UAE is welcoming a wide range of people into its vibrant society and economy. For Indians looking to expand their business presence, whether in education, business, or healthcare, the visa offers a stable, long-term base in one of the world’s most progressive countries.
At KDP Accountants, we have decades of experience in international taxation, FEMA advisory, and global business setup services. For queries or professional guidance, reach out to us at enquire@kdpaccountants.com . We assist individuals, NRIs, and businesses in exploring cross-border opportunities like the UAE Golden Visa.
