The United Arab Emirates (UAE) has introduced a permanent residency scheme for foreigners.
The country’s Vice President, Prime Minister and Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum announced the scheme called the ‘Golden Card’.
Sheikh Muhammad shared the program’s details in a series of tweets.
The permanent residency “Golden Card” will be granted to exceptional talents and everyone who positively contributes to the success story of the UAE. We want them to be permanent partners in our journey. Residents are an indispensable part of our country.
— HH Sheikh Mohammed (@HHShkMohd) May 21, 2019
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.”
— HH Sheikh Mohammed (@HHShkMohd) May 21, 2019
Under the Golden Card System, permanent residency will be granted to the investors and ‘exceptional’ doctors, scientists, engineers, and artists. In the first batch, around 6,800 individuals who invested Dh100 billion will be given the Golden Card.
“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,” said Al Maktoum.
The Federal Authority for Identity and Citizenship (ICA) will be in charge of the scheme and would announce further details in a few days.
Only a week ago, the UAE rolled out a six-month multiple-entry interim visa for non-UAE residents that wanted a long term investment visa.
ISLAMIC COUNTRY LARNE Wali hai Aur UAE Ka Bhi END Hoga :
Dekhte JAO Hadees Hai Larenge ARAB Wale
Would he bother to define the word “exceptional”?
100 billion DH !!! are u kidding me???
i preferred to have 3 month visit visa worth Rs: 25000 :D
3 moths 25000, 1 year = 100,000/1
50 years = 5 million only
dont take this serious
Unko Bhi Paisa Chahyeh : Bohat Jald Investment Short Wali Hai
Is Tarha Pakistan Bhi Elaan Kare
1 Billion Dollar Main Full Family Permit Resident
pagaal hoo kya ? kuch sooch k type bhi kertay hoo yaa bass kertay jatay hoo ?
hahahaha 1 Billion Dollar mein kon Pakistan ki nationality le ga bhai? :D
bilkl sahi kaha aapne wahab bhai :)
Not 100 billion, he said first 6800 individuals who invested total of 100 billion.
Stupid joke. A billion? When super power gives it to you for a million? I’d rather get American residency.
UAE ki permanent residency woh bhi itni costly. Sirf 1 million DH ma kisi behtar European country ki residency mil jati ha. Why should anybody to spend/invest 100 billion? There is a huge difference among billions of DH and just one million DH. I agree with Abdul Wahab, Armaghan, M.Joker.
Who is going to invest DHm 100 billion in desert ?