ABU DHABI: Authorities in the UAE have categorically denied claims circulating on social media and certain websites that suggest digital currency investors are eligible for the country’s prestigious golden visa. A joint statement issued by the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), the Securities and Commodities Authority (SCA), and the Virtual Assets Regulatory Authority (VARA) clarified that such claims are false and misleading.
The ICP emphasised that the golden visa programme operates under officially sanctioned criteria, none of which include investments in digital currencies. Current eligible categories for the long-term visa include real estate investors, entrepreneurs, individuals with exceptional talents, scientists, specialists, top graduates, humanitarian contributors, and frontline workers.
Reinforcing the message, the SCA underlined its adherence to globally recognised financial standards aimed at fostering transparency and trust in the UAE’s securities and financial services sector. It stressed that digital asset investments, while regulated, do not form part of the golden visa framework.
VARA also confirmed that no provisions exist for granting golden visas to digital currency investors in Dubai. The authority urged consumers to only engage with companies that are fully licensed and regulated by VARA for virtual asset activities. It also clarified that the company TON has no regulatory approval or licensing from VARA.
All three authorities warned investors to be cautious of online misinformation, particularly unverified advertisements or offers. The public is strongly encouraged to refer to official government portals such as www.icp.gov.ae for accurate and up-to-date information about golden visa eligibility and requirements.
