News of Bahrain
Bahrain22 May 20191 min read

UAE offers permanent residency expatriates

United Arab Emirates launches permanent residency "Golden Card'' which is granted to expatriates deemed exceptional in the fields of medicine, engineering, science, and arts. HH Sheikh Mohammed announced the launch of the new "Golden Card" system to grant permanent residency to i

Editorial Team Legacy

Published 22 May 2019, 8:00 · Updated 22:15

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UAE offers permanent residency expatriates

United Arab Emirates launches permanent residency “Golden Card’’ which is granted to expatriates deemed exceptional in the fields of medicine, engineering, science, and arts.

HH Sheikh Mohammed announced the launch of the 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.”

The Golden Card offers unprecedented benefits to the cardholders and their families while creating an attractive environment for business and growth.

Reports reveal that the new initiative will attract greater foreign investment and stimulate the local economy, making it more efficient and attractive for investors. It will also increase the UAE's competitiveness and reaffirms the country's position as a global incubator.

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