Sharjah issues 1st permanent residency visa to Lalu Samuel

Sharjah’s first Golden Card visa was issued to an Indian expat businessman Lalu Samuel. The move is a part of the permanent residency system tailored for investors. The Golden Card is a 10-year long-term visa eligible for investors and entrepreneurs to engage them in the renaissance and development of the UAE.  

Lalu Samuel is a Chairman and Managing Director of Kingston Holdings and Chairman of Sharjah Industry Business Group.

Static/Current Takeaways Important For SBI PO/Clerk Mains:

  • Capital of UAE: Abu Dhabi; Currency: Dirham.

Source: The Economic Times

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