Businessman from Kerala gets UAE permanent residency

Dubai - GDRFA awarded him the 10-year Gold Card on Monday.

UAE awarded another Indian tycoon the 10-year permanent residency Golden Card on Monday.

Kerala-born Dr PA Ibrahim Haji, Co-Chairman Malabar Group and Chairman PACE Group, was given the Golden Card by Lieutenant Colonel Omar Matar Khamis Al Mezaina, Director of Establishment Department, General Directorate of Residency and Foreigners Affairs, Dubai, according to a statement issued on Monday.

"Granting the 10-year visa is a great initiative by the Government of UAE. This step is in fulfillment of the visionary leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime minister of UAE and Ruler of Dubai, to make UAE one of the most investor friendly countries in the world. It has benefited not only the investor residents of UAE but also this is an attraction for more and more businessmen from all over the world to live and establish themselves in UAE. This will also contribute not only to the economic development of this country but also technological advancement and scientific research with the advent of the skilled new generation," the company said in a statement.

Also read: How expat professionals can apply for UAE Gold Card

At least 400 outstanding expatriates, including business leaders, have received the Gold Card since the permanent residency was introduced earlier this year, GDRFA announced at a press conference earlier.

The visa is valid as long as all terms and conditions are met, noted Al Marri, adding: "If the business falters in the future, the Gold Card visa will be reviewed on a case-to-case basis".

Doctors, investors, specialists and students (those with a grade of 95 per cent and above in general secondary and university students with a grade of 3.75 and above. Executive managers with a monthly salary of Dh30,000 and above are also eligible for the long-term visa.

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