Manama: As per Bahrain Cabinet’s decision last week to issue a long term Golden Residency Visa to selected foreigner investors, Yusuf Ali MA, Chairman of Lulu Group becomes first recipient.
The Golden Residency Visa is part of the country's economic recovery plan to attract talents and boost its economy.
"Obviously a very proud and humbling moment in my life to receive this honour today. I sincerely thank HM King Hamad bin Eisa Al Khalifa, HRH Salman bin Hamad Al-Khalifa, Crown Prince and Prime Minister of Bahrain and the Government of Bahrain,” Said Yusuff Ali after receiving his golden visa number 001.
Yusuff Ali also called upon HM the King of Bahrain, HRH Crown Prince to thank them for this great honour and reinforces his commitment towards Bahrains economic growth.
“I am sure this new permanent residency initiative will further boost Bahrain's image as one of the key investment and business hubs of the region as well as attract and retain new investors here,” added Yusuf Ali