Golden Opportunities: UAE's Visa Makeover

The UAE has revamped its visa programme by introducing the Golden Visa, a renewable residency option for up to 10 years targeting investors, entrepreneurs, and other talented individuals. This initiative aims to bolster economic diversification and strengthen UAE-India relations, reflecting transformative steps towards a non-oil-based economy.

Devdiscourse News Desk | New Delhi | Updated: 09-07-2025 15:11 IST | Created: 09-07-2025 15:11 IST

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In a strategic move away from an oil-reliant economy, the United Arab Emirates has revamped its visa structure, offering up to 10 years of renewable residency through its new Golden Visa initiative. This programme targets investors, entrepreneurs, scientists, doctors, athletes, and students, providing them with long-term residency opportunities.

According to UAE officials, the Golden Visa initiative is a significant step in providing high-net-worth Indians and individuals from various nationalities a chance to live in the Gulf nation without needing a sponsor, unlike other expatriates. This development is expected to attract talent and strengthen economic ties, particularly with India.

The initiative comes on the heels of strengthened bilateral trade and people-to-people ties, symbolized by the comprehensive economic partnership agreement between New Delhi and Abu Dhabi signed in 2022. The Golden Visa covers distinguished contributions across fields such as business, science, medicine, art, and culture, reflecting the UAE's commitment to diversify its economy and enhance global collaboration.

(With inputs from agencies.)