(Bloomberg) -- Long-term residency program in the United Arab Emirates will now include executive directors who earn a monthly salary of 30,000 dirhams ($8,167) or more, Gulf News reports, citing Mohammed Al Marri, head of the General Directorate of Residency and Foreigners Affairs.
- Executives applying for the so-called Golden Card, which entitles holders to 10-year residency, must also have a bachelor degree and show that they have worked for five years in the country: Gulf News
- Executives will be included under the special talent category
- A maximum of 6,800 people will be granted 10-year visa in 2019
- NOTE: Investors of $27 Billion Granted ‘Permanent' Residency in U.A.E.
To contact the reporter on this story: Zainab Fattah in Dubai at zfattah@bloomberg.net
To contact the editors responsible for this story: Lin Noueihed at lnoueihed@bloomberg.net, Paul Abelsky
©2019 Bloomberg L.P.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
