By Staff Reporter
The UAE has reaffirmed that eligibility for the country’s golden visa is determined by established regulatory frameworks, which do not include investments in digital currencies.
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) addressed recent reports claiming digital asset investors qualify for long-term residency. The authorities confirmed that such claims are inaccurate and not supported by official policy.
The ICP stated that golden visas are granted to specific categories, including real estate investors, entrepreneurs, outstanding students and graduates, exceptional talents, scientists and specialists, humanitarian pioneers, and frontline workers—under clearly defined and approved criteria.
The SCA emphasised its adherence to international standards in regulating financial and securities markets, aiming to maintain transparency, build investor confidence, and support the UAE’s strategic investment goals.
VARA reiterated that investments in virtual assets fall under a separate regulatory framework and are not linked to residency eligibility. It urged investors to engage only with licensed and regulated entities and clarified that the company TON holds no authorisation from VARA.
The three authorities collectively advised the public to verify information through official government channels and exercise caution when encountering unverified online content. For accurate information on golden visa requirements, individuals are encouraged to visit the ICP’s official website at www.icp.gov.ae.
News Source: Emirates News Agency
