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BREAKING: UAE Cancels Residence Permits For All Iranian Citizens Including Holders Of “Golden Visas”
BREAKING: UAE Cancels Residence Permits For All Iranian Citizens Including Holders Of “Golden Visas”
The golden visa is a long-term residence permit that the Emirates issue to foreigners in exchange for investments in the country’s economy.
The Iranian news agency Tasnim estimates that Iranian assets in the UAE (real estate, investments, bank accounts) amount to about 530 billion dollars. These assets can now be frozen or confiscated.
The UAE authorities acted unilaterally and without explanation, the newspaper reports.See full, details. .
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