UAE launches permanent residency system with 6,800 investors issued first 'Golden Cards'

clock • 2 min read

The United Arab Emirates has officially launched a permanent residency system for investors and professionals in the fields of medicine, engineering and science. The first permanent visas, or "Golden Cards", will be issued to more than 6,800 foreign investors whose total investments into the country exceed $27bn, (AED 100bn). Sheikh Mohammed bin Rashid al-Maktoum, vice president and prime minister of the UAE and ruler of Dubai (pictured) yesterday officially launched the permanent residency system.  Al-Maktoum said: "Today, we have launched the permanent residency system - "G...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.