UAQ fishermen to be exempt from permit fees


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UMM AL QUWAIN // Emirati fishermen living in Umm Al Quwain are to be exempted from paying fishing permit fees issued by the department of economic development, Sheikh Rashid bin Saud Al Mualla, Crown Prince of UAQ, has ordered.

The decision aims to alleviate fishermen’s financial burdens and ensure the sustainability of the traditional fishing profession, reported Al Ittihad, the Arabic-language sister paper of The National.

Earlier this year, it was announced that the first batch of fish was to be released by the end of 2015 from a new marine research centre under way in the emirate.

The Sheikh Khalifa bin Zayed Al Nahyan Centre for Marine Research is expected to help fishermen and encourage the growth of the aquaculture sector.

newsdesk@thenational.ae

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Centre Court

Starting at 10am:

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Citizenship-by-investment programmes

United Kingdom

The UK offers three programmes for residency. The UK Overseas Business Representative Visa lets you open an overseas branch office of your existing company in the country at no extra investment. For the UK Tier 1 Innovator Visa, you are required to invest £50,000 (Dh238,000) into a business. You can also get a UK Tier 1 Investor Visa if you invest £2 million, £5m or £10m (the higher the investment, the sooner you obtain your permanent residency).

All UK residency visas get approved in 90 to 120 days and are valid for 3 years. After 3 years, the applicant can apply for extension of another 2 years. Once they have lived in the UK for a minimum of 6 months every year, they are eligible to apply for permanent residency (called Indefinite Leave to Remain). After one year of ILR, the applicant can apply for UK passport.

The Caribbean

Depending on the country, the investment amount starts from $100,000 (Dh367,250) and can go up to $400,000 in real estate. From the date of purchase, it will take between four to five months to receive a passport. 

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Greece

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Spain

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Cyprus

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Source: Citizenship Invest and Aqua Properties