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UAE Denies Rumored ₹23 Lakh Golden Visa Pilot for Indian, Bangladeshi Applicants

Officials say existing investment and nomination criteria remain in effect without any approved policy change

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