The United Arab Emirates has introduced a major update to its long term residency programme. Known as the UAE Golden Visa, this new nomination based system allows Indian applicants to secure permanent residency without making large property or business investments. Earlier, individuals had to invest at least AED two million in real estate or contribute significantly to the UAE’s business ecosystem. Now, under the updated model, eligible individuals from India and Bangladesh can obtain a lifetime Golden Visa by paying a one time fee of AED 100,000, which is approximately INR 23.30 lakh.
This change is part of a broader strategy by the UAE to attract skilled professionals, entrepreneurs, and cultural contributors from countries with which it has signed the Comprehensive Economic Partnership Agreement. India and Bangladesh are currently the first nations to benefit from this nomination based pilot programme. According to the official announcement, more than 5,000 Indians are expected to apply in the initial rollout phase alone.
The application process is handled by two authorised agencies, Rayad Group and VFS Global, both responsible for evaluating candidates and forwarding the most eligible names to the UAE government. Applicants do not need to travel to the UAE to begin the process. They can initiate the application from their home country through registered One VASCO centres, online portals, or call centres. This makes the process significantly more convenient and accessible than previous routes.
Eligibility, however, is not guaranteed just by paying the fee. The UAE authorities will conduct a detailed screening that includes financial history, criminal background checks, and even an evaluation of social media presence. The final decision considers how a person might contribute to the country's society and economy in fields such as trade, science, culture, finance, startups, or other professional services.
Once granted, the Golden Visa allows the holder to sponsor their family, including spouse, children, and even domestic workers like drivers and household staff. The benefits of this new visa go far beyond extended residency. Unlike the investment based Golden Visas that expire when the investment is withdrawn or the property is sold, the nomination based Golden Visa is valid for life. It offers complete freedom to pursue employment, entrepreneurship, or simply enjoy long term residency in the UAE.
This programme is expected to be especially attractive to Indian citizens looking for greater global mobility and economic opportunity. In the last five years, more than six lakh Indians have renounced their Indian citizenship in search of stronger passports and better job prospects. In 2023 alone, over two lakh Indians made this move.
The UAE now joins the list of countries offering attractive Golden Visa opportunities. Across the world, similar programmes are offered by countries like Portugal, Spain, Greece, Malta, and Cyprus in Europe, and by several Caribbean nations. While the entry requirements differ, the underlying promise remains similar residency and long term benefits in exchange for meaningful contribution or investment.
For Indians seeking a safe, well connected, and opportunity rich destination, the UAE has now made the process smoother than ever. With lifetime validity and a simplified application path, the Golden Visa could open doors to a future of mobility, stability, and economic participation in one of the world's fastest growing hubs.
To stay updated with more visa updates, hidden travel hacks, and international stay opportunities, follow Travel Moves on Instagram and Facebook.
