Overview
- Reports claimed the UAE would cut Golden Visa fees from ₹4 crore to ₹23 lakh under a new nomination-based pilot for Indian and Bangladeshi nationals
- The General Directorate of Residency and Foreigners Affairs confirmed no such scheme has been authorized and emphasized that Golden Visas remain strictly government-controlled
- Industry consultants note that discretionary nomination-based visas without investment requirements have been available since 2019 but continue to be rare and unchanged
- Property-linked Golden Visas still demand a minimum AED 2 million investment, equivalent to about ₹4.66 crore
- Consultancies such as Rayad Group and VFS Global cited in CEPA pilot discussions report no new guidelines or fee reductions to implement