Current Affairs - Persons - Discussion

General Directorate of Residency and Foreigners Affairs of Sharjah granted the first golden card visa to an Indian expat businessman, Lalu Samuel, Chairman and Managing Director of Kingston Holdings and Chairman of Sharjah Industry Business Group. The 10-year visa is a part of the long-term permanent residency system tailored for investors and entrepreneurs aims to attract capital, investments, and owners of leading companies, professionals, researchers and students to engage them in the renaissance and development of the UAE. The golden cardholders are entitled to have the privileges and facilities including a residency visa without a sponsor to them and their families. It also allows the visa holder to sponsor up to 3 workers and obtain a residency visa for one of his/her senior employees.