The United Arab Emirates (UAE) launched ‘Golden Card’ Permanent Residency Scheme in an attempt to woo wealthy individuals and exceptional talents from all over the world.

1. It is open to investors and ‘exceptional talents’ like scientists, engineers, doctors, students and artists.
2. The Golden Card offers permanent residency and unprecedented benefits to cardholders as well as to their families while creating an attractive environment for growth and business.
3. The benefits of PR also includes spouse and children of cardholder so as to ensure cohesive social ties.

This new initiative will attract greater foreign investment (FI) and activate local economy, making it more efficient and attractive for investors in UAE.