<h1>UAE launches nomination-based Golden Visa program for permanent residency with AED 100,000 fee</h1> The UAE has launched a new nomination-based Golden Visa program allowing nationals to obtain permanent residency without property investment or business establishment. The program requires a fee of AED 100,000 (approximately INR 23.30 lakh) instead of the previous requirement of AED 2 million property investment or substantial business investment. India and Bangladesh are selected for the initial pilot phase, with over 5,000 applicants expected from India within three months. Applicants undergo background checks including anti-money laundering and criminal record verification before government approval. The visa provides permanent residency status, family sponsorship rights, and business operation privileges. This initiative reflects strengthened bilateral relations following the Comprehensive Economic Partnership Agreement between the countries, with plans to expand to other CEPA signatory nations.