The UAE offers golden visas in seven categories including public investors, entrepreneurs, real estate investors, exceptional talents, outstanding students, humanitarian pioneers, and frontline heroes.
The required amount to be spent for these visas is AED 2 million for real estate and other investors.
Golden visa holders in the UAE have the right to live and work without a local sponsor, can sponsor family members and service workers, and the visa is valid for 5-10 years, renewable based on meeting the eligibility criteria.
UAE has denied claims of introducing a new category for golden visas at ₹23 lakh. Many countries worldwide, including European nations, Canada, New Zealand, and Singapore, offer similar golden visa programs to attract investors.