https://d5nxst8fruw4z.cloudfront.net/atrk.gif?account=pUuXo1IWhd10Ug
logo
Permanent resident visa for some UAE expats
May 21, 2019 | 2:26 PM
by Ismael David Mujahid
Supplied photo.
 
Sharelines

Muscat: The UAE has launched a permanent residency program for distinguished individuals including investors and other professionals.

The 'Golden' Card system was announced on social media by Sheikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.

He stated that in its first batch, the Golden Card system would benefit 6,8000 investors whose investments total AED 100 Billion.

"We launched a new “Golden Card” system to grant permanent residency to investors and exceptional doctors, engineers, scientists and artists. The first batch of 6,800 investors with Dh100 billion worth of investments will be granted the “Golden Card,” he said.



“The Golden Card will be granted for distinguished individuals, exceptional talents and anyone who contributes positively to the success story of the UAE. We want them to be permanent partners going hand in hand with us in our journey. All residents in the UAE are our brothers and part of our great family in the UAE," Sheikh Mohammad added.



STAY UPDATED
Subscribe to our newsletter and be the first to know all the latest news