UAE to grant permanent residency under a new 'Golden Card' system


(MENAFN- Arab Times) DUBAI: The United Arab Emirates said on Tuesday it will grant 6,800 foreign investors permanent residency under a new 'Golden Card' system after they invested a combined 100 billion dirhams ($27 billion) in the Gulf state. Typically, foreigners have renewable visas valid for only a few years, often tied to employment, but the government announced plans las

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