Overview
- Federal ICP issued a categorical statement rejecting the existence of any lifetime Golden Visa available for a one-time fee of AED 100,000.
- The authority emphasized that all Golden Visa applications must go through official government channels under existing laws governing five- and ten-year residency.
- The ICP warned of legal consequences for consultancies and individuals who propagate false information to exploit visa applicants.
- Rayad Group apologised unreservedly for disseminating incorrect details about a nomination-based lifetime visa and confirmed it has withdrawn related advisory services.
- The UAE’s Golden Visa framework continues to offer five- and ten-year renewable residency to investors, entrepreneurs, skilled professionals and students under established investment and merit criteria.