Dubai-Based Rayad Group Apologizes for Misinformation on UAE Golden Visa
In a recent turn of events, the Dubai-based consultancy firm Rayad Group has formally apologized for disseminating inaccurate information regarding the United Arab Emirates’ Golden Visa program. The company had previously promoted that a lifetime Golden Visa could be secured through a one-time payment of approximately ₹23.30 lakh (about $28,000 USD), a claim swiftly refuted by UAE authorities.
What Sparked the Controversy?
Rayad Group’s misleading announcements created widespread confusion among investors and expatriates eyeing long-term residency options in the UAE’s thriving economy. The firm touted a simplified and affordable path to permanent residency, a compelling offer amid growing global interest in the UAE’s Golden Visa scheme designed to attract skilled professionals, entrepreneurs, and investors.
However, the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) promptly denounced these claims, emphasizing that no fixed-price, guaranteed, or lifetime Golden Visa package exists under current UAE immigration law.
Official Apology and Retraction
Following these clarifications, Rayad Group issued a statement expressing regret for the public confusion caused by their erroneous claims. They acknowledged that statements by their Managing Director played a role in misleading potential clients about the nature of the visa offerings and the company's involvement.
“We apologize unreservedly for the public confusion caused by recent reports and commentary, and we take full responsibility for ensuring future communications are clear, accurate, and consistent with the UAE’s stringent regulatory frameworks,” Rayad Group said.
In response to the backlash and to preserve credibility, the firm has ceased all private advisory services related to the UAE Golden Visa.
Understanding the UAE Golden Visa Program
The UAE Golden Visa, introduced to stimulate economic growth and innovation, offers long-term residency (5 or 10 years) to select categories such as investors, specialized talents, researchers, and entrepreneurs. Unlike the misrepresented unlimited lifetime residency through a single payment, the actual program requires applicants to meet specific criteria, including investment thresholds, professional accomplishments, or other qualifying factors.
Applicants must undergo thorough background verification, and the visa duration and renewal depend heavily on maintaining eligibility criteria rather than a one-time transaction.
Implications for Prospective Immigrants and Investors
- Due Diligence is Crucial: This incident highlights the importance of verifying information through official government channels before making significant commitments.
- Beware of Quick-Fix Promises: Visa programs are governed by strict laws; any ‘guaranteed’ promises with fixed costs without due process should raise red flags.
- Regulatory Oversight: UAE authorities maintain tight control over immigration to balance economic goals and security, making unauthorized claims potentially illegal.
Expert Insight: Reading Between the Lines
From a policy analyst’s perspective, Rayad Group’s episode underscores a recurring challenge in global migration markets—the tension between demand for straightforward immigration pathways and the complexities of legal frameworks. While countries like the UAE are keen to attract investment and talent, immigration remains a carefully controlled instrument of national strategy.
Moreover, the proliferation of firms offering “advisory” services often leads to gray areas where aggressive marketing may outpace legal clarity. This calls for enhanced consumer protection and public awareness campaigns around immigration regulations, especially for high-value visas.
Looking Ahead
The UAE government continues to refine and strengthen its immigration policies to support sustainable growth. Meanwhile, the fallout from Rayad Group’s misstatements serves as a cautionary tale for both firms and migrants about the risks of misinformation.
For those aspiring to reside long-term in the UAE, official portals such as the ICP UAE and UAE government websites remain the most trustworthy sources for up-to-date visa information and procedures.
Summary Box: Key Takeaways
- The claimed ₹23.30 lakh fixed-cost lifetime UAE Golden Visa by Rayad Group was false.
- The UAE ICP officially denied such a one-time payment visa scheme exists.
- Rayad Group halted its visa advisory services and apologized for public confusion.
- UAE’s Golden Visa program requires meeting specific criteria, with no guaranteed fixed-price tickets.
- Prospective applicants must consult official channels and exercise caution against misleading claims.
Editor’s Note
This episode stresses the broader challenges inherent in migration markets worldwide—the fine balance between demand for accessible immigration options and adherence to regulatory safeguards. As the UAE positions itself as a global economic hub, its visa policies will inevitably evolve, but transparency and public awareness are paramount. For individuals and businesses alike, this serves as a timely reminder: immigration is not transactional but a legal process demanding patience, verification, and legitimacy.
