Recently, the UAE announced its Golden Visa for Indians with some new rules. The news took the world by surprise as the country was offering a lifetime visa, a golden opportunity for many at INR 23.3 lakhs (approximately AED 100,000)! The opportunity is perfect for global investors, skilled professionals, and business people to secure long-term residency. But many are left wondering—is INR 23 lakh all you need to get a permanent residency visa in the Emirates?

Well the short and clear answer is No. INR 23.3 lakhs alone is not all you need for a Golden Visa. While it is a prime feature for certain categories, qualifying for the UAE's 10-year residency program involves more than just money.

What is the UAE Golden Visa ?

The Golden Visa was launched in 2019 offering a long-term residency visa valid for 10 years. It was introduced to attract global talent and investment by allowing foreigners to live, work, and study in the UAE without the need for a national sponsor.

The visa targets skilled professionals, investors, entrepreneurs, scientists, and exceptional students.

What is the deal with INR 23.3 Lakhs Claim

The headlines said that AED 100,000 (roughly ₹23.3 lakhs) typically refers to the minimum bank deposit required for getting the visa. The fee covers lifetime eligibility—meaning the holder doesn’t lose the visa even if they no longer work or invest in the UAE. However, it is only one piece of the puzzle.

Qualifications for the Golden Visa

Senior professionals in education, health care, and corporate sectors
Experienced nurses
University lecturers, and school teachers
Content creators such as YouTubers, podcasters, authors, and filmmakers
E-sports players, coders, and other digital professionals

To qualify:

Applicants must be nominated by an approved UAE partner organization
Undergo background checks for criminal, financial, and social media history
Demonstrate value to the UAE economy or society
No recurring property tax or investment maintenance

How to apply


Contact an authorized agent – Currently, the Rayad Group, in partnership with VFS Global and One Vasco, is managing the nomination and screening process in India.

Submit your nomination – Share your qualifications, background, and intent through One Vasco centres in India

Complete security and background checks

Receive your Golden Visa approval. Once approved, your visa will be issued and valid for life.

Rayad Kamal Ayub, Managing Director of Rayad Group—one of the agencies assisting with the nomination process—described it as “a golden opportunity for Indians,” while also mentioning that “the final decision rests entirely with the UAE authorities.”

So, no, in short INR 23.3 Lakhs is not all you need!