UAE: Golden Visa for Crypto investors? Officials officially say ‘no’. world News
In response to online circulating misinformation, the United Arab Emirates (UAE) has officially clarified that a golden visa is not being issued to cryptocurrency investors. The statement, made by three major national regulatory bodies, refused to claim suggestions.The joint explanation was issued by the Federal Authority by identification and citizenship, customs and port security (ICP), securities and Goods Authority (SCA), and Virtual Assets Regulatory Authority (VARA).
False claims spark official refusal
The statement was motivated by false reports on websites and social media platforms, suggesting that virtual property holders, especially Cryptocurrency, were eligible for the UAE’s long -term golden residency visa.A specific claim after Max Crown, CEO of The Ton Foundation, tweeted on 6 July that ton holders had a “exclusive opportunity to secure a 10 -year golden visa” after ton holders paid a once fee of $ 35,000 under other conditions “. This claim quickly spread online, causing confusion among investors.Responding to these claims directly, the groom clarified that the ton has not been licensed or regulated by the authority. It has also been said that any licensed “company” should strictly follow the visa procedures set by the Government of Dubai. The groom further confirmed that “the claims of giving golden residency to virtual asset investors in Dubai’s Emirates are false”, and urged the public to interact with only licensed and regulated companies.
Which is really worthy UAE Golden Visa ,
ICP clarified that long -term golden residency visa is available only to specific groups, such as:
- Real estate investor
- Entrepreneurs
- Outstanding talent
- Scientist and expert
- Top Students and Graduates
- Humanist forerunner
- Frontline workers
- Superyacht Owner: A person with a boat of at least 40 meters
Crypto investors or virtual asset holders are not included in the official list of eligible categories.
Officials requested for caution and verification
The Securities and Commodities Authority (SCA) echoed warnings, stating that digital currency investment is ruled by strict rules and “such investment is not associated with a golden visa”. SCA emphasized the need to rely on reliable and official sources of investors.All three officers jointly advised the public to verify any information related to direct investment benefits and visa privileges from official government websites or approved channels. He also strongly warned against being engaged with unreliable advertisements or online offers.Finally, for accurate and updated details about the Golden Residency situations, the public is encouraged to visit the ICP’s official website.
