Digital currency investors are not eligible for UAE Golden Visas. The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), the Securities and Commodities Authority (SCA), and the Virtual Assets Regulatory Authority (VARA) have issued a joint statement denying reports circulating on certain websites and social media platforms that claim the UAE grants golden visas to investors in digital currencies, reported Emirates News Agency – WAM.
The ICP reconfirmed that golden visas are granted based on clear and officially sanctioned regulations and criteria, which exclude digital currency investors.
Eligible categories include real estate investors, entrepreneurs, unique talent, scientists and specialists, top students and graduates, humanitarian pioneers, and frontline workers.
The SCA underlined its commitment to international standards for regulating the UAE’s financial sector and securities services.
It further stated that its procedures are intended to promote transparency, credibility, and investor confidence both locally and internationally, in line with the UAE’s strategic goals of attracting quality capital and creating a sustainable investment climate.
The authorities also clarified that digital currency investments are subject to particular restrictions that are unrelated to golden visa eligibility. It recommended investors to seek information from reputable, official sources to prevent misinformation and fraud.
Similarly, VARA refuted any reports of issuing golden visas to virtual asset investors in Dubai.
It strongly recommended investors and consumers to only deal with properly licensed and regulated organizations when it comes to virtual asset services and investments.
VARA reaffirmed its commitment to the highest risk assurance standards and effective engagement with the SCA and appropriate federal and local law enforcement entities to ensure a safe operational environment that prioritizes consumer protection at all times.
It was underlined that VARA-licensed enterprises must rigorously comply to the visa requirements provided by the Dubai government and relevant federal agencies. It also highlighted that the company TON is not licensed or controlled by VARA.
The three agencies urged the public and investors to be cautious and rely on official government websites and approved communication channels for reliable information. They recommended against engaging with unconfirmed adverts or offers that circulated online.