The UAE’s Golden Visa program has seen remarkable growth in recent years. It has successfully attracted investors, professionals, and talented individuals from around the world. The program continues to expand, reflecting the country’s vision of becoming a global hub for business and innovation.
Latest Golden Visa Statistics in the UAE
In 2023, the UAE’s General Directorate of Residency and Foreigners Affairs (GDRFA) issued approximately 158,000 Golden Visas, nearly double the 79,617 granted in 2022. Moreover, Golden Visa issuance in the UAE surged due to several key factors:
- Policy Reforms: In early 2024, the UAE removed the AED 1 million minimum down payment requirement for real estate investments. Now, applicants only need to acquire property valued at AED 2 million or more, regardless of whether the property is mortgaged or fully paid for. This simplifies the eligibility process and creates opportunities for more investors to benefit from long-term residency.
- Expansion of Eligibility Categories: In 2025, the UAE introduced five new categories for Golden Visa eligibility, including:
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Nurses
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Teachers and academic professionals
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E-sports and gaming professionals
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Digital content creators and media professionals
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Luxury yacht owners and maritime executives
These developments indicate a robust expansion of the Golden Visa program. They also align with the UAE’s strategic objectives to attract skilled professionals, investors, and entrepreneurs, contributing to the nation’s economic and social development.
Top Nationalities Benefiting from the UAE Golden Visa Program
The UAE Golden Visa program has attracted applicants from across the globe, with certain nationalities showing the highest participation.
- Indians: A large number of investors, tech professionals, and business owners from India have secured Golden Visas. Some high-profile Indian recipients of the UAE Golden Visa include Bollywood superstars Shah Rukh Khan, Sanjay Dutt, and Rajinikanth.
- Russians: Many Russian entrepreneurs and investors in real estate and finance have benefited from the program. Since the onset of the Russia-Ukraine war in early 2022, Russians have purchased an estimated AED 23.12 billion worth of properties in Dubai.
- Pakistanis: Skilled professionals, investors, and business owners from Pakistan are among the top beneficiaries. Some prominent Pakistani nationals who have received the UAE Golden Visa include Shoaib Malik, Ali Zafar, and Wasim Akram.
- Other notable nationalities: Applicants from Egypt, the Philippines, and the UK are increasingly participating, particularly in healthcare, technology, and creative industries.
This diverse mix reflects the UAE’s focus on attracting talent and investment from around the world.
UAE’s Strategic Goals Behind the Golden Visa Initiative
The UAE Golden Visa program aims to attract investors, skilled professionals, and exceptional talents to support the country’s economic growth and global competitiveness. By offering long-term residency, the program encourages business development, investment, and innovation.
- Economic Growth: The program helps diversify the economy, with the non-oil sector now contributing over 70% of GDP.
- Attracting Investors and Entrepreneurs: Long-term residency makes it easier for investors and entrepreneurs to establish businesses in the UAE.
- Talent Attraction: New categories, including nurses, teachers, and digital creators, allow the UAE to tap into a broader global talent pool.
- Global Positioning: The Golden Visa strengthens the UAE’s position as a hub for business, technology, and the digital economy, including cryptocurrency and blockchain initiatives.
In short, the Golden Visa helps the UAE attract talent, drive investment, and strengthen its position as a global hub for innovation.
Clearing Misconceptions About the UAE Golden Visa
The UAE Golden Visa has gained widespread attention, but along with its popularity, several myths and rumors have emerged. It’s important to separate fact from fiction to help prospective applicants make informed decisions. The following are some of the most common misconceptions:
- Lifetime Golden Visa for a One-Time Fee: Many believe Indians or certain nationalities can secure a “lifetime” Golden Visa for INR 23.3 lakh (≈ AED 100,000). This is false. The UAE authorities have clarified that no such scheme exists.
- Permanent Citizenship: Some assume the Golden Visa grants automatic UAE citizenship. In reality, it provides long-term residency (5- or 10-year, depending on category) but not citizenship.
- Guaranteed Approval for All Applicants: Holding investment funds or professional credentials does not automatically guarantee a Golden Visa. Applicants must meet specific criteria and go through the official evaluation process.
- Immediate Family Inclusion: While the Golden Visa allows sponsoring family members, eligibility requirements and proper documentation are needed, and sponsorship is not automatic.
- Visa Cannot Be Renewed: Another myth is that the Golden Visa cannot be renewed. In fact, it is a renewable long-term residency, provided the holder continues to meet the eligibility criteria.
By understanding these facts, applicants can navigate the Golden Visa process confidently and avoid misinformation.