Is UAE Really Giving Golden Visa For Rs 23 Lakhs To Indians? Officials Expose Truth Behind The Claim

UAE Golden Visa: UAE has offered clarification on recent reports claiming the country offers lifetime residency (Golden Visa) for AED 100,000 to Indian and Bangladeshi citizens.

The UAE's ICP clarified that Golden Visa eligibility is strictly defined by official laws and processed only through government channels.

Source : freepik AI

If you were already planning to fund your lifetime residency in United Arab Emirates by availing the newly proposed Golden Visa plan, then take a break and read this news. 

Several media reports suggested that the West Asian country is offering lifetime residency to Indian and Bangladeshi citizens by simply paying a fee of AED 1,00,000 which is roughly Rs 23.3 lakhs. However, the UAE's Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) has denied any such development as rumours.

In a press release published on Wednesday, the ICP clarified the categories, conditions, and regulations for the Golden Visa are clearly defined in accordance with official laws, legislations, and ministerial decisions. It also stressed that all Golden Visa applications are handled exclusively through official government channels. "No internal or external consultancy entity is recognised as an authorised party in the application process," it added.

"The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) has denied the accuracy of rumours circulated by some local and international media outlets and websites regarding the United Arab Emirates granting lifetime Golden Visas to certain nationalities," the statement read.

"The Authority had recently observed news articles from a consultancy office based in another country, suggesting that lifetime Golden Visas could be obtained for all categories from outside the UAE via consulting or commercial entities under simplified conditions. These claims have no legal basis and were made without coordination with the relevant authorities in the UAE," it added. 

The ICP also warned legal action against entities spreading such "false information in an attempt to illegally collect money from individuals aspiring to live and reside in the UAE, exploiting their hopes for a dignified and secure life." 

It also urged individuals wishing to visit, live, or invest in the UAE not to respond to inaccurate rumors and false news aimed at quick profit.