Golden Residence Permit

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STA Law Firm

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STA is a full practice law firm headquartered in Dubai with offices across UAE (Abu Dhabi, Dubai, Sharjah and Ras Al Khaimah) and overseas (Bahrain, Delhi, Doha, Luxembourg, Moscow, Portugal and Mumbai). We work alongside several groups of companies within the Oil and Gas, Maritime, Logistics, Real estate, Construction, Hospitality and Healthcare sectors in the region and internationally providing them with our signature bespoke and cogent legal advice. We successfully represent our clients at various courts and arbitration centers across the UAE. We are also approached by several investors internationally who wish to find suitable business partners in the region.
The Federal Authority for Identity and Citizenship (the Authority) recently announced the Golden Residence Permit in the Emirate of Abu Dhabi.
United Arab Emirates Immigration

The Federal Authority for Identity and Citizenship (the Authority) recently announced the Golden Residence Permit in the Emirate of Abu Dhabi. The visa was issued in consequence of the Cabinet Decision Number 56/208 (the Decision) – permanent residence for the investors. The Authority had initiated a communication program in UAE for the eligible investors for the Golden Residence Permit to make them knowledgeable for the latest law and its benefits.

The Authority issued the visa as their part of the "Investors Permanent Residence System" aiming to help and guide the investors who qualify for the same.

The LuLu Group Chairman became the first expatriate to obtain the Golden Card from the Authority. According to Forbes Magazine, the Keralite businessman is claimed to be the wealthiest expat in the country. This permit was issued to him during the ceremony at the Abu Dhabi Chamber of Commerce and Industry, also honoring him for his part in the economic growth of the country.

The Authority also connected with the business leaders and investors abroad, promoting the economic and social benefits of investing in the UAE. It is stipulated in the Decision the specific terms concerning the 'Golden Card' as well as other classes and privileges are given, and conditions ought to be fulfilled for the eligibility.

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