DUBAI: Indian business tycoon and chairman of Lulu Group, MA. Yusuff Ali received the first gold residence card by the Federal Authority for Identity and Citizenship on Monday.
Ali, was handed the gold card in Abu Dhabi by Brigadier Saeed Salem Al Shamsi, executive director of the General Directorate of Residency and Foreign Affairs, as he becomes the first of 6800 investors to receive the permanent residency.
Unlike the long-term visa of five to ten years for businessmen and talented individuals, the Gold Card gives permanent residency to the holder.
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