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Home FINANCE No Need To Property or Trade License For UAE’s Golden Visa –...

No Need To Property or Trade License For UAE’s Golden Visa – All You Need To Know

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UAE Golden Visa : The United Arab Emirates has made its Golden Visa rules easier. Now you will not have to buy property in UAE for Golden Visa. Nor will you have to invest. Now it has been opened for professionals and talented people.

Indian professionals can also apply for Golden Visa by paying a fee of about Rs 23 lakh. Earlier, an investment of Rs 4 crore was required for this Golden Visa. According to the new rules, now professionals like teachers, nurses, health workers and YouTubers will also get this long-term residency visa i.e. Golden Visa. Earlier, Golden Visa was available only to rich investors or people with large assets.

What is the new Golden Visa?

Now Golden Visa in UAE can also be obtained on nomination basis. That is, now it is not necessary that you have big property or business investment. Yes, some conditions are still applicable. Indians are expected to benefit from this new rule, because the number of Indian immigrants in UAE is quite large.

Who will be able to get a new visa now?

Golden Visa is no longer limited to just businessmen, investors or top students. Now these Indian professionals have also been included in the Golden Visa. This count includes nurses, school teachers and principals, healthcare workers, YouTubers, etc.

Now these Indian professionals will get golden visa

Nurse – Nurses with more than 15 years of experience.

School teachers and principals

Healthcare workers like doctors, frontline staff

University Faculty – Professors, Lecturers in various subjects

Digital creators – like YouTubers and podcasters

Certified e-sports players above 25 years of age

Luxury Yacht Owner and Maritime Industry Leaders

How much is the fee?

Under the new rule, to get Golden Visa through nomination, a fee of AED 1 lakh i.e. around Rs 23.3 lakh will have to be paid. According to the report, more than 5,000 Indian citizens can apply for this visa in the first three months.

How was Golden Visa before?

When the Golden Visa was launched in 2019, it was only for those who invested large amounts of money. Like those who invest crores in property. In 2022, it was made a little easier and a minimum investment of AED 2 million (about Rs 4.6 crore) was required for a 10-year visa.

Why is this visa special ?

UAE’s Golden Visa gives lifetime residency in a way. That is, you do not have to renew your visa again and again. You can visit UAE whenever you want. Now not only the rich, but also hardworking professionals, creators and teachers can stay in UAE for a long time with Golden Visa. They can make their career in it.

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