UAE authorities refute claims of Golden Visa for crypto investors
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…
