UAE Clarifies Golden Visa Rules: No Eligibility for Crypto Investors

ABU DHABI – July 7, 2025 – The UAE government has officially denied claims circulating online and on social media that suggest investors in digital currencies are eligible for the country's coveted golden visa. 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) reaffirmed that digital currency investment is not among the approved categories for golden visa eligibility.

Clarification from ICP: Golden Visa Framework is Fixed

The ICP emphasized that golden visas are granted strictly under clear and officially approved criteria. These include categories such as real estate investors, entrepreneurs, individuals with exceptional talent, scientists and specialists, top-performing students and graduates, humanitarian pioneers, and frontline workers. The authority stated explicitly that investments in digital currencies do not meet the eligibility requirements.

SCA: Misinformation Undermines Transparency and Trust

The Securities and Commodities Authority reiterated its dedication to internationally recognised standards for regulating financial and securities markets. In the statement, the SCA highlighted that its procedures are aimed at promoting transparency, credibility, and investor trust — both domestically and internationally — in alignment with the UAE’s strategic vision for attracting high-quality investment.

The authority also clarified that while digital currency investments are subject to separate regulations, they are completely unrelated to golden visa programs. Investors were advised to consult official government sources to avoid falling victim to false claims or potential scams.

VARA: No Golden Visas for Virtual Asset Investors in Dubai

Dubai’s Virtual Assets Regulatory Authority (VARA) also denied any association between golden visa issuance and virtual asset investments, stressing that all engagement with digital assets must be conducted through licensed and regulated companies.

VARA reaffirmed its commitment to high standards of risk assurance and consumer protection, and it continues to collaborate with the SCA and other federal and local enforcement bodies to uphold a safe and compliant investment ecosystem.

The authority noted that licensed firms must adhere to all visa procedures set by both the Government of Dubai and federal authorities. VARA also specifically clarified that the company TON is neither licensed nor regulated by the authority.

Authorities Urge Caution Against Online Misinformation

The three regulatory bodies collectively urged the public to verify all information through official government websites and authorised communication channels. They warned against acting on unverified advertisements or social media claims relating to visas or investment offers.

For accurate and detailed information on golden visa eligibility and procedures, the public is encouraged to visit the ICP’s official website at www.icp.gov.ae.