The United Arab Emirates has denied reports claiming that Golden Visas are being granted to cryptocurrency investors. The clarification comes following unverified claims on several websites suggesting that individuals investing in digital currencies were receiving long-term residency under the Golden Visa programme.
In a joint statement, the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), the Securities and Commodities Authority (SCA), and the Virtual Assets Regulatory Authority (VARA) confirmed that there are clear and officially approved criteria for issuing Golden Visas, and digital currency investment is not among them.
According to a report by Gulf News, the categories currently eligible for Golden Visas include real estate investors, entrepreneurs, individuals with exceptional talent, scientists and specialists, top-performing students and graduates, humanitarian pioneers, and frontline workers. These criteria have been approved by relevant authorities and remain unchanged.
The ICP emphasised that Golden Visas are granted only within a regulated framework and warned against misinformation circulating online. The SCA reaffirmed its commitment to internationally recognised standards in regulating financial and securities services in the UAE. It added that its procedures are designed to ensure transparency, build investor confidence, and support the country’s goal of attracting high-quality capital.
The SCA further clarified that digital currency investments are governed by separate regulations and have no bearing on Golden Visa eligibility. It urged the public to refer only to official sources for accurate information.
VARA also denied any claims of Golden Visas being issued to virtual asset investors in Dubai. It advised the public to deal exclusively with licensed and regulated companies when engaging in virtual asset-related services or investments. The authority also clarified that the company named “TON” is neither licensed nor regulated by VARA.
VARA stated that it is committed to strict risk management standards and works closely with federal and local law enforcement agencies to maintain a secure and compliant business environment. The statement concluded by urging the public and investors to verify all visa-related information through official government websites and channels and to avoid unverified advertisements or offers appearing online.
In a joint statement, the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), the Securities and Commodities Authority (SCA), and the Virtual Assets Regulatory Authority (VARA) confirmed that there are clear and officially approved criteria for issuing Golden Visas, and digital currency investment is not among them.
According to a report by Gulf News, the categories currently eligible for Golden Visas include real estate investors, entrepreneurs, individuals with exceptional talent, scientists and specialists, top-performing students and graduates, humanitarian pioneers, and frontline workers. These criteria have been approved by relevant authorities and remain unchanged.
The ICP emphasised that Golden Visas are granted only within a regulated framework and warned against misinformation circulating online. The SCA reaffirmed its commitment to internationally recognised standards in regulating financial and securities services in the UAE. It added that its procedures are designed to ensure transparency, build investor confidence, and support the country’s goal of attracting high-quality capital.
The SCA further clarified that digital currency investments are governed by separate regulations and have no bearing on Golden Visa eligibility. It urged the public to refer only to official sources for accurate information.
VARA also denied any claims of Golden Visas being issued to virtual asset investors in Dubai. It advised the public to deal exclusively with licensed and regulated companies when engaging in virtual asset-related services or investments. The authority also clarified that the company named “TON” is neither licensed nor regulated by VARA.
VARA stated that it is committed to strict risk management standards and works closely with federal and local law enforcement agencies to maintain a secure and compliant business environment. The statement concluded by urging the public and investors to verify all visa-related information through official government websites and channels and to avoid unverified advertisements or offers appearing online.
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