UAE Golden Visa: At present, the UAE golden visa is made in the headlines, which costs Rs 23 lakh. UAE Golden Visa! At a time when the price of UAE Golden Visa is more than Rs 4 crore, the news of a golden visa of Rs 23 lakh has made a lot of discussion in social media and financial circles. The UAE Golden Visa is a long -term residence visa that enables foreign nationals to live, work or study, while they get special benefits such as income tax, capital gains or inheritance tax. But is it available for only 23 lakh rupees?

Foreign UAE can apply for Golden Visa under four categories

According to the official website of the UAE government, there are currently four categories under which foreign UAE can apply for golden visas – professional investors, real estate investors, entrepreneurs, doctors, scientists, excellent students, humanistic pioneers and outstanding talents including the frontline hero.

All these require investment of more than Rs 4 crore for entrepreneurs to entrepreneurs to investors. Other categories include professionals and students with a salary certificate of Rs 11 lakh.

The PTI report has created a stir among the people by claiming a new enrollment-based immigration route with an investment of just Rs 23 lakh-this news has raised tremendous interest in Indians.

Paresh Karia, CEO of Accovest Advisors, shared his views on the ‘nomination-based visa’, according to him, a new form and formalization of the existing practices. Although the word ‘enrollment-based visa’ may seem new to some people, it is actually a new form and formalization of existing practices under the UAE’s Golden Visa structure.

The UAE has long operated a enrollment system, where selected individuals-entrepreneurs, professionals, scientists, creative people and investors-are recommended by government or semi-governmental institutions on the basis of their achievements or contribution to the economy. Now what is different is more transparency, structure and emphasis for this route.

There can be no official circular or update about the ‘new launch’ on the ICP portal, but what we are seeing is a public story change – making the enrollment process more mainstream and visible, especially for Indian professionals, business owners and investors.

Earlier nominations were opakar or only invitation-based

In the past, enrollment was largely opaque or only invitation-based. Now, with the emergence of clear parameters for different categories-such as minimum wage bracket, investment amount, or national-level achievements-eligible applicants can often actively position themselves for enrollment with the help of authorized institutions or local sponsors.

Over the years, there is not much transparency in the enrollment process, rather it is a lot of transparency in the enrollment process, as this process is very popular. This year, we have seen the growing interest in the enrollment route – especially among Indian professionals, entrepreneurs and investors looking for long -term residence in UAE.

As awareness is increasing, more individuals are actively associated with their profiles with categories that have historically received nominations, such as innovation, entrepreneurship and specific talent.

This reflects a comprehensive change in UAE’s residence strategy-from asset-based routes such as real estate-and contributing-based models that reward skills, experience and economic participation.

UAE Golden Visa Minimum amount

Therefore, no – you cannot get a UAE Golden Visa for Rs 23 lakh. This will be required to receive nomination. You will need to visit the next stage post and show your value in the country’s economy.

As of now, for business or real estate category, foreigners require at least two million (Rs 4.66 crore) priced assets to get a UAE golden visa, or invest a large amount in business in the country.

Nomination-based visa policy visa will not require any investment in real estate or business to get a UAE Golden. Nor will you be able to get it with crypto investment.

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Process of applying for ‘enrollment-based visa’

For those applying under the enrollment category, the UAE Golden Visa is the first step background check in the application process. This includes doing anti-laundering screening, watching the social media account of the applicant and checking any criminal record.

The evaluation also takes into account the ability of the UAE’s economy and society to support the society through commerce, professional services, science, finance, culture or entrepreneurship.

The UAE government then receives the application and uses the enrollment to determine whether to be given a visa or not. Candidates can achieve pre-infinite in their original country and will not need to travel to Dubai for this process.

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