UAE Clarifies: No Golden Visas for Digital Currency Investors

The UAE’s Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), the Securities and Commodities Authority (SCA), and the Virtual Assets Regulatory Authority (VARA) have jointly clarified that rumours claiming the UAE offers golden visas to digital currency investors are false.

The ICP explained that golden visas are granted based on strict, officially approved criteria. Currently, digital currency investments do not meet the eligibility requirements. Instead, the visa programme is open to real estate investors, entrepreneurs, exceptional talents, scientists, top students and graduates, humanitarian pioneers, and frontline workers.

The SCA reasserted its dedication to maintaining high international standards in financial regulation. It confirmed that its procedures promote transparency and trust, aligning with the UAE’s ambitions to attract quality investment and foster sustainable economic growth.

Meanwhile, VARA stated that digital currency investments are regulated under specific rules and are not linked to visa eligibility. It also emphasised the importance of dealing only with fully licensed and regulated companies when investing in virtual assets.

VARA further assured the public that it works closely with the SCA and law enforcement to uphold consumer protection and ensure a safe operational environment. It clarified that companies licensed by VARA must follow Dubai’s visa procedures and relevant federal laws. Notably, the company TON is neither licensed nor regulated by VARA.

The three agencies jointly urged citizens and investors to refer only to official government websites and trusted communication channels for accurate information. They warned against falling for unauthorised advertisements or offers circulating online.