Latest news with #GoldenResidencyVisa
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First Post
16-07-2025
- Business
- First Post
Looking to settle in the Gulf? Why Bahrain's new Golden Residency Visa could be a wise bet
Bahrain has unveiled a Golden Residency Visa as part of the Vision 2030 plan. The new 10-year residency visa offers a low-cost and more flexible alternative to the UAE and Saudi visas, targeting employed professionals, retirees, property owners, and talent-based applicants. Here's how much it will cost read more Bahrain's Golden Residency Visa, introduced as part of the country's Vision 2030 plan, is designed to attract long-term residents, global talent, and investors. File image/Reuters If you're eyeing long-term stability in the Gulf without the hefty price tag, Bahrain's new Golden Residency Visa might just be your answer. As countries across the Gulf ramp up their efforts to draw in global talent and investment, Bahrain is stepping into the spotlight with a Golden Visa programme that is not only low in cost but also a more flexible alternative to the widely known UAE Golden Visa and Saudi Arabia's Premium Residency. STORY CONTINUES BELOW THIS AD Here's a closer look at how the programme works, and whether it's the right fit for you What is Bahrain's Golden Residency Visa? Bahrain's Golden Residency Visa, introduced as part of the country's Vision 2030 plan, is designed to attract long-term residents, global talent, and investors. The programme allows eligible individuals to live and work in Bahrain for 10 years, with the option to renew. As reported by The Times of India, the visa comes with a host of benefits. Holders are not tied to a single employer, meaning they can change jobs or even start their own businesses without losing their residency status. Bahrain's relatively lower cost of living compared to regional neighbours like Dubai or Riyadh makes it an appealing choice for families, retirees, and professionals looking for a more affordable base in the Gulf. File image/Reuters Unlike many Gulf schemes, continuous stay in the country is not mandatory to maintain the visa, which is a major plus for digital nomads, remote workers, and frequent travellers. Another advantage is Bahrain's relatively lower cost of living compared to regional neighbours like Dubai or Riyadh. This makes it an appealing choice for families, retirees, and professionals looking for a more affordable base in the Gulf. The visa also makes it easy to bring your family along. Spouses, children, and even parents can be sponsored under the Golden Residency without the need to meet additional income or property requirements Who is eligible? According to the Government of Bahrain, the Golden Residency Visa is open to individuals from four primary categories. Employed professionals are eligible if they've been residing in Bahrain and earning a minimum monthly salary of BHD 2,000 (roughly Rs 4.4 lakh or USD 5,300) for at least five consecutive years. This category targets high-income expatriates already living and working in the country. Retirees can also apply, provided they receive a monthly pension of at least BHD 2,000. If applying from outside Bahrain, the pension requirement doubles to BHD 4,000 (approximately Rs 8.8 lakh or USD 10,600), as per official guidelines. STORY CONTINUES BELOW THIS AD Property owners are eligible if they hold real estate in Bahrain worth BHD 200,000 or more, equivalent to about Rs 4.4 crore or USD 530,000. This option appeals particularly to investors looking to establish a long-term base in the country. Finally, talent-based applicants—those who have demonstrated exceptional skill or achievements in fields like science, arts, sports, or entrepreneurship—are also encouraged to apply. Dependents, including spouse, children, and parents, can also be sponsored under the same residency. How to apply? Applying for Bahrain's Golden Residency Visa is a relatively simple, fully online process designed for ease and accessibility. Here's how it works: 1. Check your eligibility Begin by confirming that you meet the criteria under one of the four main categories: skilled professionals, property owners, retirees, or individuals with exceptional talent. Bahrain's official Golden Residency portal provides a clear breakdown of what each category requires. 2. Gather the required documents Depending on your chosen category, you'll need to prepare and upload relevant documentation. This typically includes: A valid passport (with at least six months' validity) Proof of active health insurance Financial records such as bank statements, salary slips, pension statements, or property deeds Employment certificates or professional achievements (especially for the talent-based category) 3. Create an eKey account To use Bahrain's eGovernment services, you'll need to register for an eKey account. This digital ID is necessary to access and complete the visa application online. STORY CONTINUES BELOW THIS AD 4. Submit your application online Once your documents are ready, you can submit the application via Bahrain's official Golden Residency portal. The application fee is just BHD 5 (about USD 13 or Rs 1,100), making it one of the most affordable long-term visa schemes in the region. 5. Wait for processing After submission, most applications are reviewed within 5 to 10 working days. Applicants under the skilled professional, retiree, or property owner categories usually receive quicker feedback, while those applying via the talent route may face slightly longer processing times due to additional verification. 6. Pay the visa issuance fee Once approved, you'll be required to pay BHD 300 (approximately Rs 66,000 or USD 795) for the visa issuance. This grants you 10 years of renewable residency, with the ability to sponsor family members as well. With input from agencies
Arab Times
16-07-2025
- Business
- Arab Times
What You Should Know About Bahrain's Golden Visa—Flexible, Affordable, Powerful
MANAMA, July 16: Bahrain's Golden Residency Visa is emerging as a powerful alternative to Gulf-based long-term residency programs, offering greater freedom, lower costs, and access to full residency rights for professionals, investors, retirees, and high achievers from around the world. Launched as part of Bahrain's Vision 2030 economic diversification strategy, the program offers a renewable 10-year residency permit, enabling foreign nationals to reside, work, invest, and sponsor family members without requiring employer-based sponsorship. Eligibility Categories Bahrain's Golden Visa targets five main applicant groups: Employees: Individuals who have lived in Bahrain for at least five years and earn a minimum of BHD 2,000 (USD 5,300) per month. Property Owners: Investors who own real estate worth BHD 200,000 (USD 530,000) or more. Retirees: Bahrain residents with 15+ years of residence and pensions of at least BHD 2,000/month are eligible; for non-resident retirees, the threshold is BHD 4,000/month. Talented Individuals: Artists, scientists, athletes, and entrepreneurs recognized for significant achievements may be nominated by a Bahraini government body. Key Benefits Golden Residency holders enjoy: Full residency rights including the ability to live, work, or invest in Bahrain. No employer sponsorship required, making it easier to change jobs or operate a business. Family sponsorship, including spouses, children, and even parents. No minimum stay requirement, though 90 days per year is advised to maintain active status. Access to national ID (CPR), banking, education, and healthcare services. Eligibility to apply for a work permit through Bahrain's LMRA for a nominal additional fee Application Process and Costs Applications can be submitted through the official Golden Residency portal or Bahrain's Nationality, Passports and Residence Affairs (NPRA) platform. Initial application fee: BHD 5 Visa issuance fee: BHD 300 LMRA work permit fee (if required): BHD 172 + BHD 5 monthly admin fee Processing time: Typically 5 working days for salaried and property applicants; up to 10 for talent-based cases Private agents suggest total costs, including medical, legal, and insurance documents, range between BHD 2,000–3,000, depending on the applicant's profile. International observers note that Bahrain's visa is more cost-effective and flexible than similar schemes in the UAE or Qatar, especially for digital nomads, entrepreneurs, or retirees seeking a Gulf base without the high overhead. 'This is one of the few residency programs in the region where applicants can work, invest, and live freely without being locked to a sponsor,' said a Gulf migration advisor. 'Bahrain is positioning itself as a hub for talent and innovation. The government has encouraged eligible individuals to explore the program as a long-term opportunity to contribute to Bahrain's economic development while enjoying secure residency in one of the Gulf's most welcoming environments.
Time of India
14-07-2025
- Business
- Time of India
Forget the UAE Golden Visa: Bahrain's residency offers more freedom and lower costs
Bahrain is quietly emerging as the Gulf's most affordable and flexible destination for long-term residency, offering expats and investors an easier path than the UAE or Saudi Arabia/Representative Image TL;DR: Bahrain 's 10-year Golden Residency Visa is emerging as a cost-effective and flexible alternative to the UAE 's Golden Visa and Saudi Arabia's Premium Residency. With easier eligibility, lower financial thresholds, and a straightforward application process, Bahrain is fast becoming the Gulf's hidden residency gem. Here's why Indians and expats alike are increasingly choosing Bahrain over pricier, more restrictive Gulf residency options and how to apply. Why Bahrain's Residency is the Gulf's Best-Kept Secret The glitter of UAE's Golden Visa and the prestige of Saudi Arabia's Premium Residency have dominated headlines, but Bahrain's Golden Residency is quietly gaining serious traction. Introduced in 2022 as part of Bahrain's broader economic diversification strategy under Vision 2030, this visa offers long-term security, full work flexibility, and a family-friendly structure all at a fraction of the cost of its Gulf neighbours. Where the UAE demands steep investments or salaries, and Saudi Arabia places hefty price tags on its premium residency, Bahrain's requirements are refreshingly accessible. Whether you're a mid-level professional, a property investor, or a retiree, Bahrain's visa opens a door to a stable life in the Gulf without draining your bank account. What Makes Bahrain's Golden Residency Better? The first advantage is the freedom to work without employer many Gulf countries where your residency is tied to a job contract or a specific employer, Bahrain's Golden Residency grants you the liberty to work for any employer, start your own business, or freelance as you please. This work flexibility is a rare perk in the region. Secondly, Bahrain's cost of living is notably lower compared to the UAE or Saudi Arabia. From housing to education, healthcare, and everyday expenses, Bahrain offers a more affordable lifestyle while still providing a high standard of living. This makes it particularly appealing for families who wish to settle long-term without the financial pressure seen in places like Dubai or Riyadh. Additionally, Bahrain imposes no restrictions on how long you can stay abroad without losing your residency. In contrast, other countries in the Gulf often require residents to return within a certain time frame or risk forfeiting their residency status. Finally, the Golden Residency also extends comprehensive family benefits. Spouses, parents, and children can be sponsored easily, and renewals do not depend on continued employment or property holdings once the visa is secured. Who Can Apply? Bahrain has defined four clear eligibility categories: Skilled Professionals : You must have worked in Bahrain for at least five years with a stable monthly income of BHD 2,000 (approximately USD 5,300). This criterion ensures that the applicant has established roots and a sustainable career within the kingdom. Property Investors : If you own property in Bahrain valued at BHD 200,000 (about USD 530,000) or more, you qualify for the Golden Residency. Retirees : For retirees already residing in Bahrain, a pension income of BHD 2,000 per month qualifies them for the residency. Non-resident retirees can also apply if they earn BHD 4,000 monthly from pensions. Exceptional Talent : This includes individuals in fields such as science, sports, arts, and entrepreneurship who have been recognised by the Bahraini government for their contributions or achievements. This clear categorisation ensures that applicants from diverse backgrounds and not just the ultra-rich have pathways to long-term residency. Step-by-Step Guide to Applying for Bahrain's Golden Residency Check Your Eligibility : Confirm you meet the criteria in one of the four categories. This can be done by reviewing Bahrain's official Golden Residency portal. Prepare Your Documents : Depending on your eligibility path, gather necessary documents such as: Valid passport with at least six months' validity Health insurance coverage Proof of income or property ownership Bank statements Employment certificates or pension statements Awards or official letters for talented individuals Create an eKey Account : Bahrain's digital services require an eKey registration for a seamless application process. Apply Online : Submit your application via the official government portal. The application fee is a modest BHD 5 (around USD 13). Processing Time : Applications are processed within 5 to 10 working days depending on your eligibility category. Skilled workers, retirees, and property investors can expect faster turnaround, while the talented category may take slightly longer due to verification processes. Visa Issuance Fee : Upon approval, applicants pay a BHD 300 fee (around USD 795) to obtain their Golden Residency permit. Receive Your 10-Year Residency : Once approved and paid, you'll receive the 10-year residency, including the right to sponsor your family members. Sponsor Dependents : Family sponsorship is straightforward, allowing for spouses, children, and parents to be included under the same residency umbrella. Work Permit (Optional) : While the residency itself grants many rights, individuals who wish to work formally may need to apply for a separate work permit through Bahrain's Labour Market Regulatory Authority (LMRA). All steps, fees, and official requirements are clearly outlined on Bahrain's official Golden Residency portal : Why Expats, Especially Indians, Are Choosing Bahrain A growing number of Indian expatriates are viewing Bahrain's Golden Residency as the smarter, less costly alternative to similar schemes in the UAE and Saudi Arabia. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like I Tried the $0.87 Generic Viagra and Here's What Happened! fridayplans Learn More Undo On online forums like Reddit's r/Bahrain, users frequently mention the affordability and lack of red tape in Bahrain's residency process compared to the UAE's high income and investment thresholds. Beyond cost, there's the allure of a more relaxed and culturally diverse society. Bahrain's education, healthcare, and multicultural fabric make it an appealing environment for families looking for stability without the hyper-competitiveness of Dubai or the strict social rules of Saudi Arabia. Furthermore, Bahrain's location within the GCC makes it a strategic hub, providing easy access to neighbouring Saudi Arabia, Qatar, and the UAE all within a short flight or drive. Bahrain's Golden Residency and Vision 2030 This residency initiative is a key part of Bahrain Vision 2030, which seeks to diversify the economy away from oil dependency by attracting skilled professionals, investors, and innovators. The Golden Residency aims to make Bahrain not just a financial hub but also a magnet for global talent, which aligns with broader regional competition for foreign expertise. Over 10,000 Golden Residencies have already been issued, according to official figures. This success positions Bahrain as a viable, less costly alternative for those who want the Gulf lifestyle without the associated financial strain. Verdict: For anyone looking to settle in the Gulf, whether as a professional, retiree, or investor, Bahrain's Golden Residency presents a golden opportunity. It's flexible, affordable, family-friendly, and refreshingly straightforward in both its process and maintenance. If the soaring costs of the UAE or the rigid social norms of Saudi Arabia are deterrents, Bahrain offers a balanced middle path, a stable, welcoming, and economically sensible choice for long-term residency in the Gulf.
Time of India
14-07-2025
- Business
- Time of India
Forget the UAE Golden Visa: Bahrain's residency offers more freedom, lower costs: Here's the application process
Bahrain is quietly emerging as the Gulf's most affordable and flexible destination for long-term residency, offering expats and investors an easier path than the UAE or Saudi Arabia/Representative Image TL;DR: Bahrain 's 10-year Golden Residency Visa is emerging as a cost-effective and flexible alternative to the UAE 's Golden Visa and Saudi Arabia's Premium Residency. With easier eligibility, lower financial thresholds, and a straightforward application process, Bahrain is fast becoming the Gulf's hidden residency gem. Here's why Indians and expats alike are increasingly choosing Bahrain over pricier, more restrictive Gulf residency options and how to apply. Why Bahrain's Residency is the Gulf's Best-Kept Secret The glitter of UAE's Golden Visa and the prestige of Saudi Arabia's Premium Residency have dominated headlines, but Bahrain's Golden Residency is quietly gaining serious traction. Introduced in 2022 as part of Bahrain's broader economic diversification strategy under Vision 2030, this visa offers long-term security, full work flexibility, and a family-friendly structure all at a fraction of the cost of its Gulf neighbours. Where the UAE demands steep investments or salaries, and Saudi Arabia places hefty price tags on its premium residency, Bahrain's requirements are refreshingly accessible. Whether you're a mid-level professional, a property investor, or a retiree, Bahrain's visa opens a door to a stable life in the Gulf without draining your bank account. What Makes Bahrain's Golden Residency Better? The first advantage is the freedom to work without employer many Gulf countries where your residency is tied to a job contract or a specific employer, Bahrain's Golden Residency grants you the liberty to work for any employer, start your own business, or freelance as you please. This work flexibility is a rare perk in the region. Secondly, Bahrain's cost of living is notably lower compared to the UAE or Saudi Arabia. From housing to education, healthcare, and everyday expenses, Bahrain offers a more affordable lifestyle while still providing a high standard of living. This makes it particularly appealing for families who wish to settle long-term without the financial pressure seen in places like Dubai or Riyadh. Additionally, Bahrain imposes no restrictions on how long you can stay abroad without losing your residency. In contrast, other countries in the Gulf often require residents to return within a certain time frame or risk forfeiting their residency status. Finally, the Golden Residency also extends comprehensive family benefits. Spouses, parents, and children can be sponsored easily, and renewals do not depend on continued employment or property holdings once the visa is secured. Who Can Apply? Bahrain has defined four clear eligibility categories: Skilled Professionals : You must have worked in Bahrain for at least five years with a stable monthly income of BHD 2,000 (approximately USD 5,300). This criterion ensures that the applicant has established roots and a sustainable career within the kingdom. Property Investors : If you own property in Bahrain valued at BHD 200,000 (about USD 530,000) or more, you qualify for the Golden Residency. Compared to the UAE's real estate threshold of AED 2 million, Bahrain's bar is much lower and thus more achievable for mid-level investors. Retirees : For retirees already residing in Bahrain, a pension income of BHD 2,000 per month qualifies them for the residency. Non-resident retirees can also apply if they earn BHD 4,000 monthly from pensions. Exceptional Talent : This includes individuals in fields such as science, sports, arts, and entrepreneurship who have been recognised by the Bahraini government for their contributions or achievements. This clear categorisation ensures that applicants from diverse backgrounds and not just the ultra-rich have pathways to long-term residency. Step-by-Step Guide to Applying for Bahrain's Golden Residency Check Your Eligibility : Confirm you meet the criteria in one of the four categories. This can be done by reviewing Bahrain's official Golden Residency portal. Prepare Your Documents : Depending on your eligibility path, gather necessary documents such as: Valid passport with at least six months' validity Health insurance coverage Proof of income or property ownership Bank statements Employment certificates or pension statements Awards or official letters for talented individuals Create an eKey Account : Bahrain's digital services require an eKey registration for a seamless application process. Apply Online : Submit your application via the official government portal. The application fee is a modest BHD 5 (around USD 13). Processing Time : Applications are processed within 5 to 10 working days depending on your eligibility category. Skilled workers, retirees, and property investors can expect faster turnaround, while the talented category may take slightly longer due to verification processes. Visa Issuance Fee : Upon approval, applicants pay a BHD 300 fee (around USD 795) to obtain their Golden Residency permit. Receive Your 10-Year Residency : Once approved and paid, you'll receive the 10-year residency, including the right to sponsor your family members. Sponsor Dependents : Family sponsorship is straightforward, allowing for spouses, children, and parents to be included under the same residency umbrella. Work Permit (Optional) : While the residency itself grants many rights, individuals who wish to work formally may need to apply for a separate work permit through Bahrain's Labour Market Regulatory Authority (LMRA). All steps, fees, and official requirements are clearly outlined on Bahrain's official Golden Residency portal : Why Expats, Especially Indians, Are Choosing Bahrain A growing number of Indian expatriates are viewing Bahrain's Golden Residency as the smarter, less costly alternative to similar schemes in the UAE and Saudi Arabia. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo On online forums like Reddit's r/Bahrain, users frequently mention the affordability and lack of red tape in Bahrain's residency process compared to the UAE's high income and investment thresholds. Beyond cost, there's the allure of a more relaxed and culturally diverse society. Bahrain's education, healthcare, and multicultural fabric make it an appealing environment for families looking for stability without the hyper-competitiveness of Dubai or the strict social rules of Saudi Arabia. Furthermore, Bahrain's location within the GCC makes it a strategic hub, providing easy access to neighbouring Saudi Arabia, Qatar, and the UAE all within a short flight or drive. Bahrain's Golden Residency and Vision 2030 This residency initiative is a key part of Bahrain Vision 2030, which seeks to diversify the economy away from oil dependency by attracting skilled professionals, investors, and innovators. The Golden Residency aims to make Bahrain not just a financial hub but also a magnet for global talent, which aligns with broader regional competition for foreign expertise. Over 10,000 Golden Residencies have already been issued, according to official figures. This success positions Bahrain as a viable, less costly alternative for those who want the Gulf lifestyle without the associated financial strain. Verdict: For anyone looking to settle in the Gulf, whether as a professional, retiree, or investor, Bahrain's Golden Residency presents a golden opportunity. It's flexible, affordable, family-friendly, and refreshingly straightforward in both its process and maintenance. If the soaring costs of the UAE or the rigid social norms of Saudi Arabia are deterrents, Bahrain offers a balanced middle path, a stable, welcoming, and economically sensible choice for long-term residency in the Gulf.
Express Tribune
18-05-2025
- Entertainment
- Express Tribune
Dubai offers 10-year golden visa to gaming professionals
Applicants must be at least 25 years old to apply for the UAE gaming golden visa. PHOTO: PEXELS Listen to article Looking to take your gaming career to the next level and become part of Dubai's booming e-sports scene? If you are working in the gaming industry, you might be eligible for Dubai's 10-year Golden Residency Visa. Through the Dubai Programme for Gaming 2033 (DPG33), launched by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, the emirate is offering a 10-year Golden Visa for gamers under the 'culture and arts' category. The visa allows you to live, work, and contribute to the city's booming e-sports scene. To apply for the 'Dubai Gaming Visa,' you need to first apply for an 'accreditation certificate' issued by Dubai Culture. You can do that by following the steps below. Conditions for the Dubai gaming visa Obtaining approval or a permit from Dubai Culture is not a final approval. It is conditional and part of the necessary procedures to secure other approvals from local and federal authorities responsible for issuing the residency. Applicants must be at least 25 years old to apply. The Dubai Programme for Gaming 2033 and Dubai Culture reserve the right to reject any application without providing a reason. Applications must be submitted personally by the applicant. Submissions from companies or service centres will not be accepted. Source: DPG33 website - Required documents Copy of your passport (attached with residence permit and ID card, if available) Your professional CV Portfolio of highlights/ key video game industry work and projects from the past five years (if not included in the CV) Cover letter How to apply for the accreditation certificate 1. Visit this link - and start filling out the Gaming Visa Request Form, with the following details: a. Personal information - Full name - Gender - Place of residence - Nationality - Passport number, passport issue and expiry date - Residency - select your emirate from the drop-down menu. If you do not live in the UAE, select I am not a UAE resident and then select your country. - Emirates ID - Mobile number - Email address - Education level – select an option from the drop-down menu. - Enter your current job. - Select the cultural and creative field from the drop-down menu. - Select the relevant option from these sub-categories: game producer, designer, developer, games publishing and operations, video games educator and animation and illustration. Then, provide social media links to your profile. Fill at least one field, otherwise add in your Instagram profile link. 2. Career information - Enter the following details: - Years of experience - Number of artistic works - Number of artistic and creative participation - Number of academic certifications - Number of local and international memberships - Number intellectual dissemination of creative works locally and internationally 3. Upload the required documents - Passport copy - Portfolio - Resume - Cover letter - Employment letter - Academic certificates - Local and international memberships 4. Once that is complete, confirm the details in the application and click 'Submit'. You will be notified by email on the status of your application. Once your accreditation certificate is issued by Dubai Culture, you can then proceed with the Golden Visa application.
