Another Indian businessman gets 10-year UAE visa

Joining the growing list of Indian businessmen to be awarded the long-term residency visa by the United Arab Emirates is Indian billionaire Dhananjay Datar. The business tycoon, who is the Chairman and Managing Director of spice company Al Adil,  received the visa on Sunday from the General Directorate of Residence and Foreigners Affairs (GDRFA).

  Dhananjay Datar, Chairman and Managing Director of spice company Al Adil. Photo courtesy: Facebook page of Dhananjay Datar
Dhananjay Datar, Chairman and Managing Director of spice company Al Adil. Photo courtesy: Facebook page of Dhananjay Datar

“I am extremely grateful for this recognition. My life changed for the better here in the UAE. This country has given me more than I imagined and the visa is like an icing on the cake,” said an elated Dhananjay Datar after receiving his visa.

Datar’s company trades in Indian spices, dealing in over 9,000 products. It recorded an annual turnover of AED750 million at the end of 2018.

The UAE decided in 2018 to give 5 and 10 year visas to investors, entrepreneurs, specialists in the medical, scientific, research and technical fields, and ‘outstanding’ students. The aim of the scheme is to facilitate business and create an attractive investment environment in the country.

Also read: More wealthy NRIs may be tempted by UAE gold

Some prominent Indian businessmen to received their 10-year residency visas in the UAE include:

Also read: Indian billionaire gets UAE’s first Golden Card

In May 2019, the UAE also launched the Golden Card Scheme, which gives permanent residency to expatriates. Indian businessman MA Yusuf Ali, the Chairman and Director of Lulu Group, became the first expat in the UAE to receive the gold card permanent residency earlier this month.

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CtoI News Desk
CtoI News Desk – CtoI

Singapore-headquartered online media company targeting Indian Diaspora across Singapore, US, UK and Dubai. Connected to India covers developments around Indians abroad, informing, engaging and entertaining its audiences.

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