The UAE has made new reforms in the Golden Visa, removing all the previous conditions. It is now easier for Indians to get a lifetime UAE Golden Visa. The new method is completely different from the old Golden Visa system, which required a significant investment in property or business. Till now, Indian applicants were only granted a Golden Visa if they had a property investment or business investment of at least 2 million dirhams (approximately Rs 4.66 crore). But under the new policy, Indians can now get a lifetime UAE Golden Visa by paying 1,00,000 dirhams (approximately Rs 23.30 lakh).
Officials say that over 5,000 Indians are expected to apply for this nomination-based visa in the next three months. India and Bangladesh have been selected for this visa scheme in the first phase on a trial basis. In addition, the UAE government has selected Riyadh Group to oversee the nomination-based Golden Visa process in India.