For citizens of India
Golden Visa Options 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. Relatively few Indian applicants take 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 that leaves Indian citizenship untouched, 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 that keeps your passport, 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. If the UAE is your main interest, our UAE Golden Visa for Indians guide covers that route alone, from the AED 2 million property rule to LRS funding.
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.
| Program | Type | All-in budget (USD) | What it means for your Indian passport |
|---|---|---|---|
| Portugal Golden Visa | Residency | From about $550,000 (€500,000 fund) | No effect. You remain an Indian citizen, so no OCI is needed |
| UAE Golden Visa | Residency | About $545,000 (AED 2,000,000 property) | No effect. A 10-year renewable residence permit, popular for its proximity to India |
| Greece Golden Visa | Residency | From about $270,000 (€250,000 conversion route) up to $850,000+ (Zone A) | No effect. A 5-year renewable residence permit tied to the property |
| St Kitts & Nevis | Citizenship | $260,000-$300,000, family of 4 | Requires formally surrendering your Indian passport and obtaining a surrender certificate |
| Dominica | Citizenship | $200,000 single, $250,000 family of 4 | Same 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 eight 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 for foreign citizens of Indian origin, so it only becomes relevant after you give up Indian citizenship: it is a lifelong visa and residence privilege for India, not citizenship, and it carries no Indian passport or voting rights. A golden visa never triggers the surrender requirement, so an Indian citizen on a golden visa simply keeps the Indian passport.
- 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 your family size, budget and goal on WhatsApp.
Check my optionsHow the process runs with us
- You tell us your budget, timeline and whether keeping your Indian passport is a requirement or a preference, over WhatsApp.
- For Portugal, Greece or the UAE, there is no Caribbean-style agent licence, but a licensed local lawyer, and for Portugal a regulated fund manager, normally handle the filing. We introduce you to them by name, in writing, before any fee.
- For Caribbean citizenship, all four programs legally require a government-authorized agent of record. Gold Visa World is an advisory desk, not that agent: we prepare the file with you and refer it to a licensed agent of record, named before you pay anything.
- 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.
- Due diligence and processing: three to nine months for Caribbean citizenship; standard EU immigration timelines for Portugal, generally longer given fund KYC steps.
- Permit or passport issued. If you chose Caribbean citizenship, the Indian passport surrender and certificate process has to be filed alongside it, and we flag it at every stage so it is not left to the end.
Frequently asked questions
Can Indian citizens hold dual citizenship?
No. India does not allow dual citizenship. Under the Citizenship Act, 1955, an Indian national who voluntarily acquires another citizenship, including through Caribbean investment, ceases to be an Indian citizen and must surrender the Indian passport for a surrender certificate. The closest alternative is the OCI card, open to foreign citizens of Indian origin: a lifelong visa and residence privilege for India, not citizenship. A golden visa avoids the question entirely, since it is a residence permit.
What is OCI and how is it different from dual citizenship?
The Overseas Citizenship of India card is a lifelong visa and residence privilege for foreign citizens of Indian origin. It is not citizenship and carries no voting or Indian-passport rights, and you can only hold it once you have a foreign citizenship, which for an Indian national means giving up Indian citizenship first. That is why Indian applicants who want to keep their passport usually choose a golden visa, a foreign residence permit, instead.
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 eight programs we even discuss with you.
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