ISLAMABAD – The United Arab Emirates on Tuesday granted permanent residencyto foreigners who had invested a total of $27 billion in the country.
The residencies have been given to 6,800 people under a new program dubbedas the “Golden Card”. However, “exceptional” doctors, engineers, scientistsand artists could also be eligible.
“We launched a new ‘Golden Card’ system to grant permanent residency toinvestors and ex
ceptional doctors, engineers, scientists and artists,” Prime MinisterSheikh Mohammad bin Rashid Al Maktoum said on Twitter.
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“The first batch of 6,800 investors with Dh100 billion worth of investmentswill be granted the ‘Golden Card’.”
