No Golden Visa For Crypto Investors: UAE Authorities
UAE authorities have clarified that golden visas will be issued following a clear and officially approved framework, which does not include digital currency investors. The UAE long-term residency is granted to specific categories, including real estate investors, entrepreneurs, outstanding talents, scientists and specialists, humanitarian pioneers, top students and graduates, and frontline workers.
The Virtual Assets Regulatory Authority (VARA) stated that any licensed ‘company’ is required to adhere to visa procedures set by the Dubai government strictly, and Toncoin is not licensed or regulated.
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Recently, Max Crown, CEO of the Ton Foundation, wrote on X, offering TON holders the exclusive chance to secure a 10-year Golden Visa, after a one-time fee of $35,000, along with other conditions.
🚀 Big News! 🚀
Toncoin has just launched a groundbreaking initiative, offering TON holders the exclusive chance to secure a 10-year Golden Visa! 🇦🇪✨
🔹 Stake $100K in $TON for 3 years
🔹 Pay a one-time fee of $35K
🔓 Unlock funds after 3 yearsThis isn’t just about visas,…
— Max Crown (@crownmax) July 6, 2025
Vara has confirmed that claims of granting golden residency to virtual asset investors in Dubai are false, and urged investors and consumers to deal only with fully licensed and regulated companies.
Those investing in digital currency must obtain information from reliable sources to avoid being swayed by the misleading or fraudulent claims, the Securities and Commodities Authority (SCA) said.
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Investing Authorities called on the public and investors to get information from the official sources only, such as government websites or approved channels, and not to interact with unreliable advertisements or offers circulating online.
Moreover, UAE has issued a new nomination based Golden Visa, without investing crores in property or business. The new model, introduced on a pilot basis, allows eligible applicants to secure a lifelong visa by paying nearly Rs 23.3 lakh.
