Renowned actor Rajinikanth has been honoured with the prestigious UAE Golden Visa by the Department of Culture and Tourism in the UAE. Taking to social media, the superstar expressed his gratitude towards the Abu Dhabi Government and MA Yusuff Ali, the chairman and managing director of Lulu Group, for their roles in securing this accolade.

Rajinikanth's Gratitude

In a widely shared video, Rajinikanth said, "I am deeply honoured to receive the esteemed UAE Golden Visa from the Abu Dhabi government. My sincere thanks to the Abu Dhabi government, as well as to my dear friend Mr. Yusuff Ali, CMD of Lulu Group, for facilitating this visa and for their unwavering support."

Recent Visit to the UAE

During his recent visit to the UAE, Rajinikanth met with MA Yusuff Ali and other key executives of Lulu Group. The actor and the entrepreneur were even seen sharing a ride in a Rolls Royce, sparking speculation about potential collaborations between the superstar and the Lulu Group owner.

What is the Golden Visa?

The Golden Visa is a long-term residence visa granted to individuals from other countries to study, work, or reside in the UAE, accompanied by exclusive benefits.

Key Highlights of the Golden Visa:

  • The visa offers a six-month entry visa with multiple entries and a renewable residence visa valid for either 5 or 10 years, eliminating the need for a sponsor.
  • Visa holders can maintain visa validity by residing outside the UAE for over six months and can sponsor family members and domestic helpers. If the primary holder passes away, their family can stay until the visa expires.

Prerequisites for Different Residency Categories:

  • Investors: must demonstrate a deposit or capital of AED 2 million, show evidence of annual tax payments of at least AED 250,000, and maintain full ownership of the invested capital.
  • Real Estate Investors: Must own properties valued at a minimum of 2 million dirhams or acquire property via an approved loan from designated local banks.
  • Entrepreneurs: must present economically innovative projects endorsed by authorities, auditors, and business incubators.
  • Exceptional Talents: This includes doctors, scientists, and inventors who must fulfil specific criteria and secure approval letters from pertinent authorities.
    • Doctors and scientists may receive a 10-year Golden Visa upon approval from the Ministry of Health and Prevention and the Emirates Council of Scientists, respectively.
    • Inventors require a recommendation letter from the Ministry of Economy, while individuals excelling in culture and the arts must obtain an approval letter from the Department of Culture and Arts in their respective emirates.