Recent rumors about the possibility of obtaining a golden visa for digital currency investors have been denied by the authorities of the United Arab Emirates. Three key government entities officially stated that such visas are not available for these investors.
Statement by UAE Government Entities
According to the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), as well as other governmental bodies, the golden visa is not issued to holders of cryptocurrency. This statement was made in response to false rumors circulating online.
Criteria for Golden Visa Issuance
The ICP clarified that the golden visa is granted only based on strict, predefined criteria, which include categories such as real estate investors, entrepreneurs, exceptional talents, scientists, top university graduates, humanitarian pioneers, and frontline workers. Investments in digital or virtual assets do not qualify under any of these categories.
Regulation of Virtual Asset Markets
Authorities also emphasized that UAE's financial markets are governed by global standards aimed at transparency and long-term investor protection. Crypto assets are regulated under a separate framework, which is not linked to residency privileges such as the golden visa. Additionally, VARA denied misleading claims regarding the company TON, stating it is not licensed by the authority.
Thus, UAE authorities warn investors to verify information and only engage with licensed and compliant firms.
