A senior government official at the Dubai immigration department said “The UAE is considering issuing a separate visa for businessmen”.UAE’s Ministry of Interior considered the ‘Golden Visa’ at the federal level.
Major-General Mohammed Ahmed Al Marri, Director-General of the General Directorate of Residency and Foreigners Affairs (GDRFA) – Dubai, stated “The Ministry of Interior is studying the proposal to issue ‘Golden Visa’ for businessmen and we are looking to implement it at the federal level… the future will be different and things are subject to changes and modification to obtain visitors satisfaction.”Al Marri didn’t reveal other details such as the duration and costs of the ‘Golden Visa’.
The ‘Golden Visa’ boosts investor emotions and draws foreign investments in the countries. The issuance of ‘Golden Visa’ in UAE will also meet the much-awaited demand of the local business community to have a longer-term visa to boost the FDI.
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