UAE Officials Debunk Rumour: No Rs 23 Lakh Golden Visa Available
The United Arab Emirates (UAE) has officially denied rumours about a lifetime Golden Visa available for Rs 23 lakh. The Federal Authority for Identity, Citizenship, Customs, and Ports Security (ICP) has clarified that all applications must be processed through official government channels, and no external consultancy is involved.
Uae Golden VisaIcpReal Estate InvestmentBusiness InvestorLegal ActionReal Estate NewsJul 09, 2025
In a statement, the ICP emphasized, “All UAE Golden Visa applications are managed exclusively through official government channels within the country, and no internal or external advisory body is considered an approved party in the application process.” The authority further clarified, “The categories of golden residence, their conditions, and controls are determined in accordance with the UAE laws, legislation, and official ministerial decisions.”
The Golden Visa is a long-term residency permit offered by the ICP to foreign nationals who meet specific criteria. This visa allows individuals to reside in the UAE for periods ranging from five to ten years. The ICP noted that they have observed press releases from a consulting firm abroad suggesting the possibility of a “Lifetime UAE Golden Visa.” These press releases were disseminated by several Indian media organizations and a few UAE-based companies without any legal backing or reference to the competent authorities in the UAE.
The ICP stated that a wave of excitement had swept across media platforms and social channels, claiming that the UAE had introduced a lifetime visa program priced at AED 100,000. However, the reality is that no such visa has been introduced. The UAE authorities and immigration departments have officially clarified that no government agency has issued this news. The UAE already offers well-established long-term visa options, such as the Golden Visa and Green Visa, with clear eligibility criteria.
Jasmeet S Anand, a UAE-based Real Estate & Cross-Border Investment Advisor, commented, “Over the past few days, a wave of excitement swept across media platforms and social channels claiming that the UAE has introduced a lifetime visa program priced at AED 100,000. But here’s the reality check — it’s not. The UAE authorities and immigration departments have officially clarified that no such visa has been introduced.”
The ICP did not identify the source of the alleged unverified press release but stated that legal action will be taken against the entities that launched these rumors. These entities are accused of attempting to obtain money from individuals who wish to live and reside in the UAE by exploiting their dreams and ambitions for a decent life and a safe, stable living environment.
Currently, the UAE offers Golden Visas under four major categories: as a business investor, as a real estate investor, as an entrepreneur, and as outstanding specialized talents, including doctors, scientists, outstanding students, humanitarian pioneers, and frontline heroes. For business and real estate investors, the minimum investment requirement is 2 million dirhams (approximately Rs 4.67 crore), while the minimum investment for entrepreneurs is 500,000 dirhams (around Rs 1.16 crore).
On Monday, July 7, when the nomination-based UAE Golden Visa was announced, FE Online was initially skeptical. They questioned whether obtaining a UAE Golden Visa for Rs 23 lakh was as simple as it sounded. The following day, FE Online reported that the Rs 23 lakh UAE Golden Visa was a marketing gimmick and a rebranding effort. Today, July 9, the ICP, the UAE’s highest immigration body, confirmed that the nomination-based visa news is, indeed, a rumour.
Frequently Asked Questions
What is the UAE Golden Visa?
The UAE Golden Visa is a long-term residency permit offered to foreign nationals who meet specific criteria, allowing them to reside in the UAE for periods ranging from five to ten years.
Are there any external consultancies involved in the Golden Visa application process?
No, all UAE Golden Visa applications are managed exclusively through official government channels, and no external advisory body is considered an approved party in the application process.
What are the minimum investment requirements for a Golden Visa as a business or real estate investor?
The minimum investment requirement for a business or real estate investor is 2 million dirhams (approximately Rs 4.67 crore).
What categories are eligible for the Golden Visa?
The Golden Visa is offered under four major categories: business investor, real estate investor, entrepreneur, and outstanding specialized talents, including doctors, scientists, outstanding students, humanitarian pioneers, and frontline heroes.
What action will be taken against entities spreading false information about the Golden Visa?
The ICP has stated that legal action will be taken against entities that launched these rumors, attempting to obtain money from individuals by exploiting their dreams and ambitions for a decent life in the UAE.
Related News Articles
Hardik Pandya's Net Worth: A Closer Look at His Wealth and Assets
From his lucrative IPL contracts to his impressive real estate portfolio
Boosting Realty Affordability: Experts Call for Policy Shifts and Infra Improvements
Industry experts emphasize the need for policy changes and infrastructure development to address affordability issues in the real estate market.
Pune's Real Estate Empire: Minor's Father in Custody Over Cheating Case
A Pune court has allowed the police to take custody of the father of the minor accused in the Porsche crash case, in a cheating case registered against him at Kondhwa police station.
Revolutionizing Traffic Management: Pune Police, PMC, and Google Collaborate to Improve Road Infrastructure
Pune takes a significant step towards reducing traffic congestion and travel time with the collaboration of Pune Police, PMC, and Google on 32 main roads.
New Developments in Rs 100 Crore Real Estate Investment Fraud
Prospect Realty, a firm registered before the sub-registrar of Salcete, Margao, is at the center of a massive Rs 100 crore investment fraud. The firm, engaged in the real estate business, has been accused of misleading investors with false promises. Myron
Maharashtra Government to Mandate Precast Construction for Mumbai Real Estate
The Maharashtra government is working on a policy to make precast construction mandatory for real estate projects in Mumbai, aiming to streamline construction processes and enhance building quality.