UAE denies granting golden visas to digital currency investors

Authorities in the UAE have denied reports circulating on social media that investors in digital currencies were being granted golden visas.

The clarification was 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).

It said eligible categories included real estate investors, entrepreneurs, exceptional talents, scientists and specialists, top students and graduates, humanitarian pioneers and frontline workers.

The authorities further confirmed that digital currency investments are governed by specific regulations and are unrelated to golden visa eligibility.

It urged investors to obtain information from credible, official sources to avoid misinformation or fraud.