Chairman of Kingston Holdings gets golden card visa

Sharjah’s first golden card visa has been granted on Monday to Lalu Samuel, Chairman and Managing Director of Kingston Holdings and Chairman of Sharjah Industry Business Group, which functions under the Sharjah Chamber of Commerce and Industry.

The General Directorate of Residency and Foreigners Affairs – Sharjah has issued the first golden card to Samuel as part of the permanent residency system tailored for investors. The Golden Card System was implemented as per the Cabinet decision No.56 of 2018, by which a package of facilities has been offered to investors, entrepreneurs, talented people who meet specified conditions as well as their families.

The permanent visa was presented to Samuel by Brigadier Arif Mohammed Al Shamsi, Executive Director of Foreigners Affairsand Ports in Sharjah, in the presence of Colonel Abdullah Saleh Al Naqbi, Deputy Director of Residence & Entry Permits as well as a number of senior officials.

The golden card holders are entitled to a host of privileges and facilities including a residency visa without a sponsor to them and their families (spouse and children). The holders can also sponsor up to three workers and obtain a residency visa for one of his/her senior employees.

Lalu Samuel thanked Sharjah’s Directorate of Residency and Foreigners Affairs for its initiative to contact him and introduce him to the golden visa system, stressing the importance of this initiative to support the UAE’s investment sector, ensure family stability and highlight the importance of cultural diversity, tolerance and acceptance of others within n the UAE community.

Agencies