For citizens of India

Golden Visa Options for Indian Citizens

Updated September 2026 · Henley Passport Index, January 2026 data

golden visa for indian citizens

An Indian passport ranks 77th of roughly 199 on the Henley Passport Index, January 2026 edition, with visa-free or visa-on-arrival access to about 56 destinations. A Caribbean passport by investment would roughly triple that count overnight. Almost no Indian client we speak with takes that route, and the reason is not cost. It is that the Citizenship Act, 1955 does not recognise dual citizenship at all.

Take a foreign citizenship as an Indian national and you are legally required to surrender your Indian passport and obtain a surrender certificate. This is why most Indian applicants choose a golden visa, a foreign residence permit, paired with an OCI card, rather than Caribbean citizenship. Our nationality hub explains how this compares across nationalities; below is what it means specifically for an Indian applicant.

Your realistic options: residency plus OCI, or citizenship with surrender

We separate the table below for the same reason we do for every no-dual-citizenship nationality on this site. Residency routes sit alongside your Indian passport with no legal consequence. Citizenship routes replace it.

Funding is its own planning question at this budget, especially for the golden visa routes. Indian clients aiming for the €500,000-plus tier typically plan Liberalised Remittance Scheme (LRS) transfers across more than one financial year, so start that conversation early, before you choose a program, not after.

India: residency routes (keep OCI and your passport) vs citizenship routes (surrender required), 2026 budget
ProgramTypeAll-in budget (USD)What it means for your Indian passport
Portugal Golden VisaResidencyFrom about $550,000 (€500,000 fund)No effect. Pairs naturally with an OCI card
UAE Golden VisaResidencyAbout $545,000 (AED 2,000,000 property)No effect. A 10-year renewable residence permit, popular for its proximity to India
St Kitts & NevisCitizenship$260,000-$300,000, family of 4Requires formally surrendering your Indian passport and obtaining a surrender certificate
DominicaCitizenship$200,000 single, $250,000 family of 4Same surrender requirement; the lowest-cost Caribbean option on this site

The fine print for Indian applicants

India does not ban its nationals from any of the seven programs here. The question is never eligibility. It is which trade you are making.

  • The Citizenship Act, 1955 does not permit dual citizenship. An Indian national who voluntarily acquires a foreign citizenship, including through Caribbean investment, ceases to be an Indian citizen by law and must surrender the Indian passport and obtain a surrender certificate.
  • The Overseas Citizenship of India (OCI) card is the standard workaround: a lifelong residence and travel privilege, not citizenship, fully compatible with holding a foreign passport. It is why most Indian clients pursuing international mobility choose a golden visa over Caribbean citizenship. A golden visa never triggers the surrender requirement in the first place.
  • If you decide to proceed with Caribbean citizenship regardless, budget for the formal passport-surrender process running alongside the CBI application, and get independent Indian legal advice on the timing.
  • None of the four Caribbean programs on this site currently bans Indian applicants on nationality grounds. Indian nationals are among the largest applicant pools globally for both Caribbean citizenship and golden visa programs.
  • India's Liberalised Remittance Scheme caps individual outward remittances per financial year. Confirm the current RBI limit before planning your funding, since it materially shapes how a $210,000-plus or €500,000-plus investment actually gets paid, often across more than one financial year or through business or NRI-held funds.
  • A foreign residence permit or second citizenship does not automatically end Indian tax residency, which is determined separately under India's own day-count and other tests.

Prefer to just ask? Send a short message, we reply the same day.

How the process runs with us

  1. You tell us your budget, timeline and whether keeping your Indian passport is a requirement or a preference, over WhatsApp.
  2. For Portugal or UAE, we coordinate with a licensed local fund manager or property lawyer. There is no Caribbean-style mandatory agent requirement here, but a licensed professional handling the filing is standard practice.
  3. For Caribbean citizenship, all four programs legally require a government-authorized agent of record. Gold Visa World is an advisory desk: we structure the file and coordinate with our licensed agent partners, who hold that status; we do not claim to be the licensed agent ourselves.
  4. We map your LRS funding timeline against the program's payment schedule early, since this is usually the longest lead time in the whole process for Indian clients.
  5. Due diligence and processing: three to nine months for Caribbean citizenship; standard EU immigration timelines for Portugal, generally longer given fund KYC steps.
  6. Permit or passport issued. If you chose Caribbean citizenship, we confirm the Indian passport surrender and certificate process is filed correctly alongside it.

Frequently asked questions

Can Indians hold two passports?

No. The Citizenship Act, 1955 does not recognise dual citizenship. An Indian national who takes a foreign citizenship, including through Caribbean investment, legally ceases to be an Indian citizen and must surrender the Indian passport for a surrender certificate. This is a hard rule, not a formality to skip.

What is OCI and how is it different from dual citizenship?

The Overseas Citizenship of India card is a lifelong residence and travel privilege for people of Indian origin. It is not citizenship and carries no voting or Indian-passport rights, but it is fully compatible with holding a foreign passport. This is why most Indian clients choose a foreign residence permit, a golden visa, paired with OCI, rather than trading their Indian citizenship for a new one.

How much money can I legally send abroad for this under LRS?

The Liberalised Remittance Scheme sets an annual cap per individual, set by the RBI and revised periodically. At Portugal's €500,000 fund tier or higher, most Indian applicants plan the transfer across more than one financial year, or fund partly through a business or NRI-held account. Confirm the current limit with us before you plan a payment schedule.

If I still want Caribbean citizenship despite the surrender rule, what happens?

The Caribbean application runs on its normal timeline, but you additionally file to formally surrender your Indian passport and obtain a surrender certificate. Budget both time and independent Indian legal advice for this step. It is a real, separate process, not paperwork that can be quietly skipped.

Tell us if keeping your Indian passport matters

That answer decides which of the seven programs we even discuss with you.

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