In a landmark move to attract skilled professionals and deepen bilateral ties, the United Arab Emirates (UAE) has announced that Indian nationals can now obtain the prestigious Golden Visa without the need to invest in property or hold a trade license.
Under this new initiative, eligible Indian applicants can acquire the 10-year renewable residency visa through a nomination-based system by paying a one-time fee of AED 100,000 (approximately ₹23.3 lakh). The scheme is part of a pilot program that also includes Bangladesh and is expected to expand further.
The Golden Visa will now be accessible to a wider range of professionals, including scientists, educators, doctors, digital creators, athletes, e-sports players, and those with recognized contributions in the fields of arts, culture, and innovation.
The application process will be managed by the UAE-based Rayad Group, in partnership with VFS Global and One Vasco. Applicants will undergo a background check involving criminal, financial, and social media screening. Once nominated, they can submit their documents remotely, with no initial requirement to travel to the UAE.
The visa offers significant advantages such as long-term residency, the ability to sponsor immediate family members (including parents and adult children), and freedom to work, invest, or establish a business in the Emirates.
This new route aligns with the goals of the UAE-India Comprehensive Economic Partnership Agreement (CEPA), which aims to strengthen economic and cultural cooperation. Authorities expect over 5,000 applications from Indian nationals in the first three months alone.
Officials suggest that if the pilot proves successful, the nomination-based Golden Visa model could be extended to other CEPA partner countries.
Key Highlights: