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UAE's Rayad Group Apologizes for Golden Visa Confusion

Dean Fankhauser
Written by:
Dean Fankhauser
Reviewed by:
Radica Maneva
UAE's Rayad Group Apologizes for Golden Visa Confusion
Our Editorial Standards:

We use the highest editorial standards at Movingto by ensuring every article is written by a qualified lawyer or immigration expert and fact-checked by a Portugal licensed lawyer. Learn more about our Editorial Process.

The UAE Golden Visa program, highly sought after by expatriates seeking long-term residency, was recently mired in controversy due to claims of a 'lifetime visa' arrangement. A Dubai-based entity, Rayad Group, has issued a public apology and taken full responsibility for the misinformation that led to widespread confusion.

Public Apology and Responsibility

In an exclusive statement to Khaleej Times, Rayad Group addressed the public discussions and media coverage that arose following their claims of a nomination-based Golden Visa initiative. The group had linked these claims to a fixed Dh100,000 fee and a so-called 'lifetime visa' arrangement, causing a stir among potential applicants and the general public.

Federal Authority's Response

The Federal Authority for Identity, Citizenship, Customs and Ports Security (ICP) swiftly debunked the claims of a 'lifetime visa' option, emphasizing that no such arrangement exists within the official UAE residency programs. This official statement prompted Rayad Group to cease its private advisory services related to Golden Visas, acknowledging the need to rectify the situation.

Impact on Potential Applicants

The confusion surrounding this incident has highlighted the importance of accurate information dissemination regarding golden visas. Many expatriates eagerly explore these residency pathways as a means to secure long-term residence in the UAE, which offers a wealth of opportunities in business, education, and lifestyle. This incident serves as a cautionary tale for potential applicants to verify information through official channels.

Moving Forward: Ensuring Clarity and Transparency

As the dust settles, the focus now turns to ensuring clarity and transparency in the dissemination of information about immigration opportunities. Rayad Group's decision to halt its advisory services may serve as a precedent for other firms, emphasizing the critical need for accuracy and accountability in the industry.

Lessons Learned

This episode underscores the necessity for stringent regulatory oversight and the role of government authorities in maintaining the integrity of immigration programs. By taking responsibility, Rayad Group has opened the door for broader discussions on how similar issues can be prevented in the future, ensuring that the UAE remains a trusted destination for expatriates worldwide.

How we reviewed this article

All Movingto articles go through a rigorous review process before publication. Learn more about the Movingto Editorial Process.

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