Dubai-based Group Apologises for Confusion over ‘Lifetime UAE Golden Visa’
In a recent development, a Dubai-based group, Rayad Group, has issued an apology for the confusion caused by reports about the ‘lifetime UAE Golden Visa’. The apology came after the group faced backlash for allegedly misleading investors about the availability of a ‘lifetime’ visa in the United Arab Emirates (UAE).
According to a report by Khaleej Times, the Rayad Group issued a statement clarifying that all visa decisions remain solely under the jurisdiction of the UAE government authorities. The group also emphasized that its role has been limited to providing private advisory support to individuals, and that no guaranteed visa or lifetime UAE residency product currently exists.
The statement read, “Our role has been limited to providing private advisory support to individuals. No guaranteed visa or lifetime UAE residency product currently exists. We take full responsibility for the miscommunication and any inconvenience caused to our clients and the public.”
This clarification comes after several reports emerged suggesting that the Rayad Group was offering a ‘lifetime UAE Golden Visa’ to investors. The reports sparked widespread confusion and concern among potential investors, who were left wondering if such a visa indeed existed.
The UAE Golden Visa is a popular residency program that allows foreign nationals to live and work in the UAE for a period of 5-10 years. The program is designed to attract talented individuals and entrepreneurs to the country, and has been successful in doing so.
However, the recent reports about the ‘lifetime UAE Golden Visa’ created a stir, with many questioning the authenticity of the claim. The Rayad Group’s apology and clarification have put an end to the speculation, and it is now clear that the group was misinforming investors about the availability of such a visa.
The UAE government has been working tirelessly to promote the country as a business and investment hub, and the Golden Visa program has been a key part of its strategy. The program has been successful in attracting foreign talent and investment to the country, and has helped to boost the UAE’s economy.
In light of the recent controversy, it is essential for individuals and investors to be cautious when dealing with claims about visa programs and residency opportunities. It is crucial to verify the information with the relevant authorities and to be wary of any group or individual making exaggerated claims.
The UAE government has been clear in its stance that all visa decisions remain under its sole jurisdiction, and that no private entity or group can guarantee a visa. The Rayad Group’s apology and clarification serve as a reminder of the importance of transparency and accuracy in the investment and immigration sectors.
In conclusion, the recent controversy surrounding the Rayad Group’s claims about the ‘lifetime UAE Golden Visa’ serves as a warning to individuals and investors to be cautious and verify information before making any decisions. The UAE government has been clear in its stance on visa decisions, and it is essential to respect and adhere to its regulations.
