Abu Dhabi, UAEMonday 19 August 2019

Family of Bangladeshi businessmen receive golden card visas

Mohammed Rahman, chairman of Al Haramain Group, received his long-term residency in June and now his brother and son have also been rewarded

Mohammed Rahman, Oliur  Rahman and Emadur Rahman, display their golden card visas at the General Directorate of Residency and Foreigners Affairs.    
Mohammed Rahman, Oliur  Rahman and Emadur Rahman, display their golden card visas at the General Directorate of Residency and Foreigners Affairs.    

Success runs in the family for a trio of Bangladeshi businessmen who have all secured long-term UAE residency in a matter of weeks.

Mohammed Rahman, chairman and managing director of Al Haramain Group, was believed to be the first non-resident Bangladeshi to receive a golden card visa back in June.

Now he is not even the only member of his own family to have the honour, after his brother and son also benefited from the government drive to acknowledge the contributions of residents central to the country's success.

Mohammed Rahman, 61, heads up one of one of the largest fragrance manufacturers in the region as part of a diverse empire with interests in banking, healthcare, education and hospitality.

Al Haramain Group operates more than 20 businesses across the Gulf region, as well as in Bangladesh, Malaysia, the United States and the United Kingdom, employing more than 1,000 staff.

Mohammed's son, Emadur Rahman, is deputy managing director of the group, while brother Oliur is vice chairman.

They operate separate branches of the wider business.

Both received their own golden card visas at a ceremony held on Tuesday.

Thousands of foreign investors and residents have been identified as beneficiaries of the golden card permanent residency scheme, rolled out by Sheikh Mohammed bin Rashid, Prime Minister and Ruler of Dubai, in May.

The permanent visa aims to generate foreign investment, encourage entrepreneurship, and attract top engineers, scientists and students.

Permanent residency is also extended to the spouse and children of the cardholder.

“It is a rare feat and we are all honoured and privileged to receive this great honour, I don’t know how to express my feelings," said Mohammed Rahman.

"We shifted our business to the UAE from Saudi Arabia 38 years ago. Since then, our business thrived and today we are one of the luckiest families in this country.

“The golden card visa is an honour for me, my family and my country Bangladesh. This will encourage us to investment more in to the UAE economy and help the UAE economy expand more. We are grateful to the leadership and people of the UAE for allowing us great economic opportunity and honour.”

The golden card is renewed every 10 years, as long as set criteria continue to be met.

Maj Gen Mohammad Al Marri, director general of the General Directorate of Residency and Foreigners Affairs, said the visas would be renewed in 10-year increments.

"After 10 years [the visas] are continuous for another 10-year period every 10 years. There are medical insurance and other procedures that need to be done in between but it comes without any extra conditions," he said.

He said the visa would be renewed as long as residents continue to satisfy the terms and conditions in which they were granted the visa.

Updated: August 8, 2019 02:07 PM

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