The United Arab Emirates (UAE) has introduced a brand-new Golden Visa program specifically for Indian citizens, and unlike earlier versions, this one doesn’t require buying expensive property or making major investments.
Instead, the new visa is nomination-based, meaning individuals can be recommended for the visa without having to spend large sums upfront.
The UAE has chosen India and Bangladesh as part of the first phase to test this unique Golden Visa model. A consultancy firm named Rayad Group has been selected to help carry out the testing and nomination process in India.
What is a Golden Visa?
A Golden Visa is a type of residence permit usually offered to high-net-worth individuals (HNWIs). It allows people to live, work, study, and access healthcare in the country, offering a visa.
Golden Visas are especially popular among people looking to relocate permanently or retire abroad. In most countries, this visa is linked to residence by investment, although the rules and names may differ.
Countries offering Golden Visas and what they cost
Here’s a look at five countries offering Golden Visa programs, including the latest update from the UAE:
United Arab Emirates (UAE)
New Policy: Nomination-based Golden Visa
Details: Applicants from India can now get pre-approval from their home country without needing to visit Dubai first.
Cost: AED 1,00,000 (approx. ₹23.30 lakh)
Validity: Lifetime
United States
Program Name: Trump Gold Card Golden Visa
Launched by: President Donald Trump in January
Details: Designed for wealthy individuals who want to invest in the US in return for permanent residency.
New Zealand
Program Name: Active Investor Plus Visa
Launched: September 2022
Details: Lets individuals live, work, and study indefinitely in New Zealand, provided they meet investment and residency rules.
Cost: Starts at NZD 5 million
Canada
Program Name: Canada Start-Up Visa Program
Details: Offers permanent residency to entrepreneurs and business investors who want to set up companies in Canada.
Cost: Between $215,000 to $275,000, depending on the business plan
Singapore
Program Name: Singapore Global Investor Program
Details: Made for entrepreneurs, business owners, and senior managers looking to invest in Singapore. Residency is granted within 9–12 months.
Cost: Investments range from SGD 10 million to SGD 50 million
As more countries develop flexible visa options, programs like these are becoming an attractive choice for individuals who want to live and invest abroad long-term, especially with simplified routes like the nomination-based model now tested by the UAE.