STA Law Firm has a team of settlement experts to represent secured creditors, debtors, trustees, equity holders and suppliers....
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Read more informationIn today’s competitive business environment the mining industry is becoming a very attractive option for foreign investors. New projects are being launched, but we can appreciate that foreign investors will find the mining industry......
Read more informationSTA lawyers recognize that the healthcare industry comprises of a variety of individuals, professions, teams and organisations that may need our legal services. We have considerable knowledge and experience......
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Read more informationSTA's lawyers in UAE specialize in all areas of contentious as well as non-contentious discipline in oil and gas industry and advice on both upstream and downstream work. Consult one of our Senior Energy Lawyers in Dubai or other offices today!...
Read more informationCombining variety of practice disciplines to provide extensive advice and counsel to clients, STA’s FMCG practice represents companies in a broad range of industries including large scale franchisors, Fortune 250, and multinationals ...
Read more informationShipping and Maritime Law Firm - UAE, Middle East, Asia and Europe. Expert advice on ship building, ship fiance, sale and purchase, compliance, due diligence and more. Our lawyers advice on all types of vessel including bulk carriers, tankers, cruise ships, offshore rigs and support vessels....
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Read more informationGolden Residence Permit
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.