Foreign Policy Watch: India-Middle East

UAE’s Golden Visa Program

Note4Students

From UPSC perspective, the following things are important :

Prelims level : Not Much

Mains level : Indian diaspora in Gulf region

The United Arab Emirates will extend its “golden” visa system — which grants 10-year residency in the West Asian nation — to certain professionals, specialised degree-holders and others.

Do you know?

 India is the world’s top recipient of remittances with its diaspora sending a whopping $79 billion back home in 2018 a/c to the World Bank.

Golden Visa Programme

  • The “Golden Card” programme is open to investors and “exceptional talents” such as doctors, engineers, scientists, students and artists.
  • The visa categories include:
  1. General investors who will be granted a 10 years visa
  2. Real estate investors, who can get a visa for 5 years Visa
  3. Entrepreneurs and talented professionals such as doctors, researchers and innovators: 10 years Visa
  4. Outstanding students — will also be permitted residency visas for 5 years
  • All categories of visas can be renewed upon expiry.

Benefits for India

  • The Indian expatriate community is reportedly the largest ethnic community in the UAE, constituting roughly about 30 per cent of the country’s population of around nine million.
  • Though most of the Indians living in the UAE are employed, about 10 per cent of the Indian population constitutes dependent family members, according to the Indian Embassy.
Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments