Is the UAE really offering a new golden visa for Indians?

Is the UAE really offering a new golden visa for Indians?

Update: The UAE has officially denied circulating claims about offering lifetime olden visas for ‘certain nationalities’. It emphasised that the system is handled only through official government channels, and no internal or external consultancy firms are authorised to process or represent applicants. Earlier, a consultancy firm claimed that the country has launched a ’nomination-based’ golden visa programme that offers a lifetime residency for a fee of AED 1,00,000 (Rs 23.3 lakh)

The UAE has launched a new type of Golden Visa, one that doesn’t require large investments in property or business, but is instead based on nomination. File image/ Reuters