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.
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.
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