Latest news with #RayadKamal
Mint
08-07-2025
- Business
- Mint
UAE Golden Visa offers lifetime residency for ₹23 lakh: Here's how Indians can apply
The United Arab Emirates (UAE) has introduced a new nomination-based Golden Visa system, offering lifetime residency to skilled professionals. This marks a new era in the UAE's talent acquisition policy, one that prioritises professional contribution contrary to its earlier practice of demanding large investments in property or business. For now, this new visa system has only been extended to India and Bangladesh to test the efficiency of the system. UAE-based Rayad Group and VFS Global, a visa service provider, have been chosen by the authorities to vet the applicants and then forward them. If an Indian national wants to apply for the new visa, they must follow a process that involves background checks to determine their eligibility. The process, as explained by Rayad Kamal, managing director of the Rayad Group, will include the following steps: The application for the golden visa can be submitted through Visa Concierge Service Company (VASCO) centres in India. Another way is applying through the registered offices, online website, or dedicated call centre of the Rayad Group. The applicant can also get a pre-approval from the government of their home country and present the same. Once the application is submitted, the UAE will run a background check, as well as check for anti-money laundering and criminal records. After this, the group will send an application to the government, which has the final say in the process. Only individuals who are considered fit to contribute to the UAE's market and businesses will be cleared by the officials. The nomination-based visa is inviting applications from multiple industries, including middle-class professionals. Academic professionals like teachers, principals, university faculty, researchers, scientists, experienced nurses, and executives are eligible, along with content creators like YouTubers, podcasters, and e-sports professionals (aged 25 and above). The UAE's latest move intends to diversify its talent pool beyond ultra-wealthy people and attract global contributors across multiple industries.
Mint
08-07-2025
- Business
- Mint
UAE Golden Visa offers lifetime residency for ₹23 lakh: Here's how Indians can apply
The United Arab Emirates (UAE) has introduced a new nomination-based Golden Visa system, offering lifetime residency to skilled professionals. This marks a new era in the UAE's talent acquisition policy, one that prioritises professional contribution contrary to its earlier practice of demanding large investments in property or business. For now, this new visa system has only been extended to India and Bangladesh to test the efficiency of the system. UAE-based Rayad Group and VFS Global, a visa service provider, have been chosen by the authorities to vet the applicants and then forward them. If an Indian national wants to apply for the new visa, they must follow a process that involves background checks to determine their eligibility. The process, as explained by Rayad Kamal, managing director of the Rayad Group, will include the following steps: The application for the golden visa can be submitted through Visa Concierge Service Company (VASCO) centres in India. Another way is applying through the registered offices, online website, or dedicated call centre of the Rayad Group. The applicant can also get a pre-approval from the government of their home country and present the same. Once the application is submitted, the UAE will run a background check, as well as check for anti-money laundering and criminal records. After this, the group will send an application to the government, which has the final say in the process. Only individuals who are considered fit to contribute to the UAE's market and businesses will be cleared by the officials. The nomination-based visa is inviting applications from multiple industries, including middle-class professionals. Academic professionals like teachers, principals, university faculty, researchers, scientists, experienced nurses, and executives are eligible, along with content creators like YouTubers, podcasters, and e-sports professionals (aged 25 and above). The UAE's latest move intends to diversify its talent pool beyond ultra-wealthy people and attract global contributors across multiple industries. According to Hindustan Times, around 5,000 Indians will apply for this new visa system in the next three months.
News18
08-07-2025
- Business
- News18
Can You Get UAE Golden Visa For Life After Paying Rs 23 Lakh? All You Need To Know
Last Updated: Indians can now get the UAE Golden Visa by paying AED 100,000 (about Rs 23.3 lakh) — provided they clear a few conditions. UAE Golden Visa: In a major shift from its earlier rules, the United Arab Emirates (UAE) has launched a new nomination-based Golden Visa scheme, which allows eligible Indians to get UAE's prestigious long-term visa for life, and that too without investing crores in property or business. What Is UAE's Golden Visa? The UAE Golden Visa is a long-term residency visa introduced in 2019 to attract investors, entrepreneurs, scientists, and professionals. Valid for 10 years, it allowed holders to live, work, or study in the UAE independently — without a local sponsor. Until now, eligibility mostly depended on property investments, business or startup ownership, and special talents (in science, sports, arts, etc.). The new nomination-based model adds a simpler route — especially for those who may not want to tie up funds in property but still want permanent residency in a global hub like Dubai. What's New in the Golden Visa Policy? Until now, one of the main ways Indians could get a UAE Golden Visa, especially in Dubai, was by investing at least AED 2 million (around Rs 4.66 crore) in real estate or pumping in huge sums into a local business. But, the new nomination-based model is breaking that pattern. Indians can now get the UAE Golden Visa by paying AED 100,000 (about Rs 23.3 lakh) — provided they clear a few conditions. PTI. Applicants do not need to buy property or start a business in the UAE anymore. Instead, they will go through a background screening conducted by Rayad Group, a consultancy chosen by the UAE government for the pilot phase in India. 'Whenever an applicant applies for this Golden Visa, we will first check their background, which will include anti-money laundering and criminal record checks, as well as their social media," said Rayad Kamal Ayub, managing director of Rayad Group, told PTI. The review also checks if the applicant can benefit UAE's economy or society — in culture, trade, start-ups, science, finance, or professional services. Once approved, the application is sent to the UAE government, which then makes the final decision on issuing the Golden Visa. What Does This Visa Offer? A life-long UAE Golden Visa allows the holder to live and work in the UAE without needing a sponsor, bring family (spouse, children, etc.), hire staff like servants or drivers, engage in any business or profession, and stay permanently, even without ongoing investments or property. Rayad Kamal told PTI, 'The property-based Golden Visa ends in case of property sale or division, but the nomination-based visa will remain forever." UAE Golden Visa: How Can You Apply? You don't need to visit Dubai to apply. Applications can be submitted through: Over 5,000 Indians are expected to apply for this Golden Visa over the next three months alone, according to PTI. Why India Was Chosen First India's selection for the pilot phase reflects strong business and diplomatic ties with the UAE. The two countries signed a Comprehensive Economic Partnership Agreement (CEPA) in May 2022, strengthening cooperation in trade, investment, and mobility. 'This is a golden opportunity for Indians to get the UAE's Golden Visa," said Rayad Kamal. China and other CEPA partner nations are expected to be included in future phases of this project. Can You Get UAE Golden Visa Just By Paying Rs 23 Lakh? You can now get a UAE Golden Visa for life by paying Rs 23 lakh, but only if you meet certain background and merit-based conditions. The move is designed to attract credible, high-potential individuals from India, and offers a huge opportunity for professionals, entrepreneurs, and even cultural contributors looking to build a life in the UAE. Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates—only on News18. Also Download the News18 App to stay updated! tags : golden visa Location : New Delhi, India, India First Published: July 08, 2025, 15:21 IST News business Can You Get UAE Golden Visa For Life After Paying Rs 23 Lakh? All You Need To Know
India Today
08-07-2025
- Business
- India Today
UAE offering Indians lifetime Golden Visa for just Rs 23 lakh
The United Arab Emirates (UAE) has introduced a new nomination-based Golden Visa, making lifetime residency in the country far more accessible to Indians. Unlike the traditional route, which required property investments worth at least AED 2 million (Rs 4.66 crore) or significant business stakes, this new scheme opens doors for eligible individuals at a fraction of the cost, starting from Rs 23 pilot project, which has started with India and Bangladesh, and will soon include China and other Comprehensive Economic Partnership Agreement (CEPA) who opt for this visa can do any business or professional work in the UAE. With over a billion Indians already calling the UAE home and having strong ties, the Golden Visa move could greatly aid those looking to settle more permanently in the Arabian nation. Rayad Kamal Ayub of the Rayad Group, which has been mandated to carry out the Golden Visa process, termed it a golden opportunity for only around 5,000 Indians will be able to apply for this nomination-based visa in three months, beneficiaries and people involved in the process told news agency BANGLADESHIS CAN APPLY IN FIRST PHASEIndia and Bangladesh have been selected for the first phase of testing this visa. Consultancy organisations, Rayad Group and VFS, have been chosen to test the initial rollout of the Golden Visa. These bodies would then forward the applications to the UAE Kamal Ayub, Managing Director of Rayad Group, said that the consultancy will first check the applicant's background, including anti-money laundering and criminal record checks, as well as their social media."Applications can be submitted through One VASCO centres (visa concierge service company) in India and Bangladesh, our registered offices, our online portal, or our dedicated call centre," Rayad Kamal can get pre-approval from India without visiting the VISA HOLDERS CAN ALSO SPONSOR THEIR FAMILYThose with a Golden Visa are allowed to sponsor their family members to join them in Dubai."You can also keep servants and drivers based on this visa. You can do any business or professional work here," news agency PTI quoted Rayad Kamal as added that the property-based Golden Visa ends in case of property sale or division, but the nomination-based visa will remain UAE government's decision to launch this visa programme and choose India as the initial country is a testament to deepening business, cultural, and geopolitical ties between the two nations, which were further strengthened by the 2022 bilateral Comprehensive Economic Partnership Agreement (CEPA).- EndsMust Watch
Hindustan Times
08-07-2025
- Business
- Hindustan Times
UAE Golden Visa: Lifetime residency for ₹23 lakhs
The United Arab Emirates has rolled out a new type of nomination-based Golden Visa system, a change from its earlier practice that used to demand large investments in property or business. The new visa system will offer a lifetime residency in exchange of a one-time fee of AED 100,000 (approximately Rs. 23.3 lakh). For now this Golden Visa system has been extended to India and Bangladesh to test the efficiency of the system.(Pixaby/Representational Image) The visa process will also simplify access to long term residencies for eligible individuals. Furthermore, the visa opportunity will also offer eligible individuals such as business owners, professionals, scientists, entrepreneurs, creatives, and influencers the chance to apply for a 10-year UAE residency through a government nomination category. Pilot testing in India and Bangladesh For now, this new visa system has been extended to India and Bangladesh to test the efficiency of the system. Rayad Group and VFS have been chosen to vet the applicants and then forward them to the UAE authorities. Once the pilot study is done with India and Bangladesh, this system will be extended to other Comprehensive Economic Partnership Agreement countries. With over 5,000 Indians now set to apply for this new visa system in three months, here is how Indians can access the long term residency in the UAE. Also read: UAE rolls out new Golden Visa offering lifetime residency for ₹23 lakh; sparks a meme fest online: 'Omw to the bank!' What will the process look like For Indians looking to apply through this visa system the process will be fairly simple and will involve background checks. The process as explained by Rayad Kamal, managing director of the firm, will be as following: The visa application can be submitted through (visa concierge service company) VASCO centres in India and Bangladesh, or through the registered offices, online portal, or dedicated call centre of Rayad Group. The applicant can also obtain a pre approval from the government of their home country. After the application is submitted, UAE will run a background check along with checking anti money laundry and criminal records. Not only will the background check help in identifying potentially harmful candidates but it will also tell the UAE, if the individual can contribute to the country's market and business. After this the group will send an application to the government, who will have the final say in this system. Also read: UAE's Golden Visa: A game changer for Indian investors in Dubai's real estate market? Benefits for Indian of Golden Visa One of the key benefits of this new system is that it moves away from the dependency of visa on the property of individuals. In the earlier property based visa, if the property has been sold or divided, the visa would also end. But in the new system, the visa will remain forever once nomination is complete. Speaking to PTI, Rayad Kamal, Managing Director of Rayad Group, said that the nominated person will also be allowed to bring family to Dubai and will also be allowed to keep domestic help based on the visa provided. (With input from agencies)
