International
-Prakash KL
The
United
Arab
Emirates
has
introduced
a
new
nomination-based
Golden
Visa
system,
transforming
its
long-term
residency
programme.
Unlike
the
previous
requirement
of
investing
at
least
AED
2
million
(around
₹4.66
crore)
in
property
or
business,
eligible
individuals
from
India
and
Bangladesh
can
now
secure
this
visa
by
paying
a
one-time
fee
of
AED
1,00,000
(approximately
₹23.3
lakhs).
This
change
offers
a
simpler
path
to
long-term
residency
without
significant
financial
commitments.
Social
media
platforms
have
been
buzzing
with
reactions
since
the
announcement.
Memes
and
witty
commentary
have
flooded
timelines,
with
users
creating
spoofed
passports
and
fictional
bank
loan
approvals.
One
viral
post
humorously
stated,
“Patriotism
leaving
my
body
as
soon
as
I
read
Dubai
is
offering
Golden
Visa
for
₹23L.” Another
user
quipped
that
the
news
serves
as
an
IQ
test
for
India’s
wealthiest.
Golden
Opportunity
for
Indians
The
UAE’s
new
visa
scheme
is
expected
to
attract
over
5,000
Indian
applicants
within
the
first
three
months.
India
and
Bangladesh
are
part
of
the
pilot
phase,
with
Rayad
Group
spearheading
efforts
in
India.
Rayad
Kamal
Ayub,
Managing
Director
of
Rayad
Group,
called
it
a
“golden
opportunity” for
Indians
aiming
to
live
and
work
in
the
UAE
long-term.
For
many
Indians
dreaming
of
a
better
life
abroad,
this
nomination-based
Golden
Visa
represents
more
than
just
a
trending
topic—it
could
be
the
golden
ticket
they’ve
been
seeking.
The
initiative
has
sparked
enthusiasm
among
those
aspiring
to
relocate
to
the
UAE.
Memes
Take
Over
Social
Media
The
internet
has
become
a
battleground
of
memes
following
the
UAE’s
announcement.
Users
on
X
shared
satirical
takes
on
how
to
fund
this
visa,
with
one
suggesting
taking
personal
loans
from
SBI
and
PNB
as
“Mallya’s
third
law
of
immigration.”
The
humour
reflects
both
excitement
and
scepticism
about
this
new
opportunity.
This
revamped
visa
programme
eliminates
hefty
investment
requirements,
making
it
accessible
to
more
people.
By
allowing
direct
nominations
and
applications
under
this
scheme,
it
simplifies
the
process
for
potential
residents
from
India
and
Bangladesh.
The
UAE’s
innovative
approach
to
residency
is
not
only
reshaping
social
media
conversations
but
also
providing
tangible
opportunities
for
those
looking
to
establish
themselves
in
the
region.
As
interest
grows,
many
are
eager
to
see
how
this
programme
unfolds
in
its
initial
phase.
