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Vedanta Baruah is the CEO of Berns Brett Masaood Insurance LLC, an insurance broking firm that has offices in the UK, the EU, and India. He was granted a special visa in the investor category by the Department of Economic Development, Abu Dhabi, UAE.
Vedanta Baruah, an NRI entrepreneur who hails from Assam's Dibrugarh district, has been awarded the UAE's 10-year Golden Visa, which is mostly reserved for prominent global personalities. Baruah is the first Assamese to receive the UAE's Golden Visa.
Vedanta Baruah is the CEO of Berns Brett Masaood Insurance LLC, an insurance broking firm that has offices in the UK, the EU, and India. He was granted the Golden Visa
in the investor category by the Department of Economic Development, Abu Dhabi, UAE.
“I am delighted and proud to have been chosen to receive this. The UAE is a truly welcoming place with a diverse thriving and innovative community. My family and I have been committed to building our lives in the UAE,” he added.
The businessman, who has been in the UAE since 2006, received the visa on Thursday, and it is valid from June 23 this year to June 22, 2031.
Ever since the UAE government implemented the Golden Visa system in 2019, many Indians have received its benefits. In May this year, actor Sanjay Dutt shared the news that he has received the UAE’s Golden Visa.
The Golden Visa allows foreigners to live, work and study in the UAE for a long period without the need of a national sponsor and with 100 percent ownership of their businesses there. These visas are issued for five or 10 years and renewed automatically.
Usually, the 10-year Golden Visa is targeted at wealthy individuals keen to offer the UAE significant investment in exchange for an opportunity to reside within the country.