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UAE permanent residence scheme launched

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai announced a permanent residency scheme for selected expats.

“We have launched a permanent residence system ‘Gold Card’ in the UAE for investors and exceptional competencies in the fields of medicine, engineering, science, and arts. The first batch of permanent residence will be given to 6800 investors whose total investments value is Dh100 billion,” Sheikh Mohammed stated in a tweet.

“The ‘Gold Card’ will be provided to distinguished individuals, exceptional talents and anyone who contributes positively to UAE’s success story. We want them to be permanent partners with us in our journey. All residents of the UAE are part of our big family,” His Highness added.

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