UAE's Golden Visa Scheme Glitters With Promise for Indians

IN LINE WITH its vision to become an engine of growth and diverting from an oil-based economy, the United Arab Emirates (UAE) has restructured its visa programme to offer renewable residency of up to 10 years for investors, entrepreneurs, scientists, doctors, athletes and students.

- PRESS TRUST OF INDIA

The UAE's "Golden Visa" programme provides talented and high-net-worth Indians and other nationalities the opportunity of long-term residency in the Gulf nation, UAE officials said.

One of the most significant aspects of the government-regulated visa programme is that the applicants do not require a sponsor for the residency, unlike other expats working in the country, they said.

The UAE is a favourite destination of Indians looking for greener pastures, and this provision in the Golden Visa programme will be helpful to those looking at long-term stay in the Gulf nation, according to strategic affairs experts. The Golden Visa initiative has been rolled out as part of the restructuring of the UAE's visa programme over the years.