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Initially started in 2019, the UAE golden visa scheme was mostly aimed towards attracting investors and entrepreneurs. By slashing the fee to just a fraction of the original cost, UAE has now opened its doors for India's upper middle-class professionals.
The UAE golden visa scheme was introduced in 2019
New Delhi,UPDATED: Jul 8, 2025 18:56 IST
The UAE's updated golden visa program, offering lifetime residency to Indians for Rs 23 lakh from the previous requirement of Rs 4 crore, has generated a massive buzz on social media. But, why would the UAE, one of the richest nations globally, make such a move?
Initially started in 2019, the UAE golden visa scheme was mostly aimed towards attracting investors and entrepreneurs. The policy requires individuals to invest at least Rs 4.67 crore in business or real estate in the country.
As per the earlier policy, the visa had to be renewed after 5-10 years. Moreover, if the said property is sold, the individual's visa will be revoked. That's no longer a concern with the new golden visa, which offers lifetime residency in the UAE.
Benefits like zero income tax, no capital gains or inheritance tax are the icing on the cake.
UAE LOOKING TO STRIKE TALENT GOLD?
Behind the UAE move lies a well-thought-out strategic intent as the Gulf nation looks to attract global mobile talent apart from wealth.
Earlier this year, a survey found that certain sectors in the UAE were facing skill-based talent shortages, such as engineering, sales and marketing, which account for a significant share of hiring demand, The Khaleej Times reported.
The report further said there was also a surging demand for professionals in cybersecurity, AI, and cloud computing.
Unlike the earlier version of the golden visa scheme that focused heavily on real estate or business investments, a fee of Rs 23 lakh now opens doors for India's upper middle-class professionals.
WHO ALL ARE ELIGIBLE?
In fact, it is less expensive than most mid-range SUVs and luxury cars like the Jeep Meridian or a Mahindra BE6. According to a PTI report, over 5,000 Indians are likely to apply for this nomination-based visa in three months.
The new scheme broadens eligibility to include teachers (15+ years of experience), principals, university faculty, researchers, scientists, experienced nurses, as well as YouTubers, and podcasters (over 25 years).
However, before you dream of visiting the Burj Khalifa or the Dubai Mall, one needs to remember that having Rs 23 lakh alone will not guarantee you a visa.
The approval hinges on a merit-based nomination and a strict background screening process. Professional achievements and one's potential contributions to key sectors - such as science, education, innovation, digital media - will also be taken into account.
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Published By:
Abhishek De
Published On:
Jul 8, 2025
