The UAE government awarded Bollywood actor Sanjay Dutt with its Golden Visa. The Golden Visa system essentially offers long-term residency to people with outstanding talents. In 2019, UAE implemented a new system for long-term residence visas enabling foreigners to live, work & study there without the need of a national sponsor & with 100% ownership of their business.
As per reports, Sanjay Dutt is the first mainstream to receive the Golden Visa. The visas have a validity of either 5 or 10 years and are renewed automatically.
Important takeaways for all competitive exams:
- UAE Capital: Abu Dhabi;
- UAE Currency: United Arab Emirates dirham;
- UAE President: Khalifa bin Zayed Al Nahyan.