New Delhi, July 7 -- Indians can now get the United Arab Emirates government's Golden Visa for life time. It's based on nomination, not on investments, and costs Rs.23 lakh.

Sources told news agency PTI that under the "new nomination-based visa policy," Indians can now enjoy the UAE's Golden Visa for life by paying a one-time fee of AED 1,00,000 (INR around 23.30 lakh).

They claimed that over 5,000 Indians will apply for this nomination-based visa in three months.

Until now, one of the ways to get Dubai's Golden Visa from India was to invest in property whose value should be at least AED Two Million ( Rs.4.66 crore), or invest a large amount in business in the country.

The UAE's latest visa policy has created a buzz on the internet. ...