Dubai, UAE – In a significant move that is set to benefit a wide range of Indian professionals and talented individuals, the United Arab Emirates (UAE) has introduced a new nomination-based Golden Visa for Indian citizens. This groundbreaking initiative removes the previous mandatory requirements of purchasing property or holding a trade license, making the coveted long-term residency more accessible.
Under the new policy, which is currently in a pilot phase for India and Bangladesh, eligible Indians can secure the 10-year renewable Golden Visa by paying a one-time fee of AED 100,000 (approximately ₹23.3 lakh). This marks a substantial shift from the earlier routes that necessitated a minimum real estate investment of AED 2 million (approximately ₹4.6 crore) or a significant business investment.
The new system operates on a nomination basis, where the focus is on an applicant’s potential to contribute to the UAE’s burgeoning economy and diverse culture. While specific eligibility criteria are not rigidly defined, the program is open to a broad spectrum of individuals, including those with expertise in technology, healthcare, education, and the creative industries, as well as scientists and other skilled professionals.
Prospective applicants will undergo a comprehensive vetting process, which includes background checks for criminal records, anti-money laundering assessments, and a review of their social media presence. The evaluation will primarily consider how an individual’s skills and talents can add value to the UAE’s strategic sectors.
Applications for the nomination-based Golden Visa can be conveniently submitted through designated service centers in India, such as One VASCO and the Rayad Group. A key advantage of this new process is the provision for obtaining pre-approval from within India, streamlining the application journey.
The benefits of the Golden Visa remain highly attractive. Holders enjoy the freedom to live, work, and conduct business in the UAE without the need for a national sponsor. They can also sponsor their family members, including a spouse and children. A significant advantage of this new nomination-based visa is its permanence; unlike the property-linked visa, it is not contingent on maintaining the investment.
This strategic policy change is widely seen as a testament to the strengthening bilateral relationship between India and the UAE, particularly following the implementation of the Comprehensive Economic Partnership Agreement (CEPA). The initiative is expected to attract a new wave of Indian talent to the UAE, further enriching its diverse and dynamic society.