GDRFA Sharjah issues Gold Card to Kingston Holdings' Lalu Samuel
Chairman and MD of engineering and home electronics company is the first recipient of Gold Card in Sharjah
The General Directorate of Residency and Foreigners Affairs (GDRFA) of Sharjah has issued its first Gold Card 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.
State-held news agency, Wam, reported that the UAE’s new visa — which was announced by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai in May 2019 — was presented to Samuel by executive director of Foreign Affairs and Ports in Sharjah, Brig Arif Mohammed Al Shamsi, in the presence of deputy director of residence and entry permits, Col Abdullah Saleh Al Naqbi, and other senior officials.
Kingston Holdings is a distributor of air-movement, heating and ventilation, security, cable management, data storage, emergency and exit lighting, personal care, and home electronics.
The Gold Card system was launched as per the UAE Cabinet’s decision No. 56 for 2018, and is available for investors, entrepreneurs, and talented individuals, as well as their families.
Other recipients of the UAE Gold Card visa include chairman and CEO of Airolink, Anil Pillai; chairman and managing director of Al Haramain Group of Companies, Mohammed Rahman; and chairman of Abu Dhabi-headquartered Lulu Group, Yusuf Ali M A.
The UAE’s 10-year visa has also been issued to Aster DM Healthcare’s founder, Dr Azad Moopen, and Danube’s founder, Rizwan Sajan.
In June 2019, director-general of GDRFA Dubai, Maj Gen Mohamed Ahmed Al Marri, said 400 people had been granted the UAE's Gold Card so far, and plans were in place to issue up to 6,800 of the new visas by the end of 2019.