Residing in the UAE for more than 183 days makes an individual a UAE resident and subject to tax only on income earned in India, as per the India-UAE tax treaty.
The golden visa in UAE does not change tax laws regarding income from the country of origin, but it offers opportunities for high-net-worth individuals to contribute to the UAE's economy and society.
Under the UAE's new scheme, individuals can qualify for a golden visa with an investment as low as Rs 23.3 lakh, promoting engagement of high-net-worth individuals in UAE's development.
Golden visas in UAE attract a diverse range of applicants, including high-net-worth individuals and entrepreneurs, aiming to expand their global presence with relatively easier eligibility compared to other nations' visa programs.