South Indian actor Kamal Haasan awarded Golden Visa

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The United Arab Emirates has conferred its coveted "Golden Visa" on Kamal Haasan, one of the top stars of the Tamil film industry.

Important facts

• Shah Rukh Khan was the first Indian celebrity to be granted the coveted visa.

• Apart from this, people like Sanjay Dutt, Suniel Shetty, Sania Mirza, etc. have also received Golden Visas.

About UAE Golden Visa

• The UAE launched the Golden Visa for the first time on 21 May 2019.

• The UAE Golden Visa is a long-term residence visa system with a duration of five to 10 years.

• After that the visa gets renewed automatically. It is given to achievers, professionals, investors and people with promising abilities from various fields. Since Kamal Haasan is a well-known star of the film industry, he keeps visiting Dubai many times.

What is the eligibility criteria for a Golden Visa?

• Investors applying for a 10-year visa must have a public investment of at least 200 million as capital in a UAE firm.

• On the other hand, for investors seeking a five-year visa, the minimum investment amount is Rs 10 crore.

• Meanwhile, people with talent in arts and culture are approved by authorities such as the Emirates Scientific Council or the Ministry of Culture and Youth.