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New Golden Visa system: UAE launches new golden visa system for Indians, apply from home; this is the procedure


New Golden Visa system: UAE launches new golden visa system for Indians, apply from home; this is the procedure

Allahabad Pay Scale Update: Effective immediately, the honorarium allowance has been modified from thirty thousand rupees to eighty thousand. This new change was documented, and all concerned parties will reap the benefits.The newly developed ‘Nomination Based Golden Visa’ focuses on providing a doorway to Indian citizens, allowing them to stay in the country indefinitely. Nonetheless, this comes at a price. There is now a mechanism established by UAE which allows users to buy a golden visa for 1 lakh dirham (23.30 lakhs rupees).In the past, the only way Indians could obtain a Golden Visa was to purchasing a property worth 2 million dirhams (around 4.66 crore rupees) in the UAE or making a substantial investment. The introduction of this new approach has become much simpler and is more straightforward.As of now, India-Bangladesh have been selected in the first iteration of the testing phase for the nomination based golden visa. However, there will be an intense vetting process before the issuance of this visa. The candidate’s criminal history including charges like money laundering or rampant social media activity will be monitored closely.Your contribution to the UAE economy particularly in the fields of art, business, science or any professional domain will also come under consideration. People interested in applying for this visa can visit One VASCO centers or Rayad Group offices as well as online through various portals. Approval can be obtained in your home country, there is no need to travel to Dubai. All things considered, this visa will be permanent unlike the previous Golden Visa which was property based. It used to expire when the holder sold or distributed the property. That is not the case under the new system.

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