The authorities have clarified that digital currency investments are governed by distinct regulations and do not qualify for 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 jointly refuted recent reports circulating on some websites and social media platforms.
These reports falsely claimed that the UAE offers Golden Visas to investors in digital currencies.
The authorities emphasized that such claims are inaccurate and urged the public to rely only on official sources for information regarding visa regulations and investment opportunities in the UAE.
The ICP clarified that golden visas are issued according to clear and officially approved frameworks and criteria, which do not include digital currency investors.
Eligible categories include real estate investors, entrepreneurs, exceptional talents, scientists and specialists, top students and graduates, humanitarian pioneers, and frontline workers.
The SCA reaffirmed its commitment to internationally recognised standards in regulating the financial sector and securities services in the UAE.
It stated that its procedures are designed to ensure transparency, credibility, and bolster investor confidence both locally and internationally, in line with the UAE’s strategic goals of attracting quality capital and fostering a sustainable investment environment.
The authorities have clarified that digital currency investments are governed by distinct regulations and do not qualify for golden visas. They advise investors to seek information only from official, credible sources to prevent misinformation and fraud.
Similarly, VARA has refuted any assertions that golden visas are issued to virtual asset investors in Dubai. Investors and consumers are strongly urged to transact solely with fully licensed and regulated entities for virtual asset services and investments.
It has been further confirmed by the authorities that investments in digital currencies fall under specific regulations and bear no relation to golden visa eligibility. Investors are strongly encouraged to procure information from trustworthy, official channels to circumvent misinformation or fraudulent schemes.
In a similar vein, VARA has categorically denied all claims concerning the conferral of golden visas upon virtual asset investors in Dubai. Investors and consumers alike are emphatically advised to engage exclusively with fully licensed and regulated companies when undertaking services and investments pertaining to virtual assets.
VARA reaffirmed its commitment to the highest standards of risk assurance and effective collaboration with the SCA and relevant federal and local law enforcement entities to maintain a secure operational environment that prioritises consumer protection at all times. It noted that companies licensed by VARA must strictly adhere to the visa procedures outlined by the Government of Dubai and the relevant federal authorities. It also clarified that the company TON is neither licensed nor regulated by VARA.
The three authorities collectively urged the public and investors to exercise caution and refer to official government websites and approved communication channels for accurate information. They warned against engaging with unverified advertisements or offers spreading online.
For detailed information on golden visa requirements, the public is advised to visit the ICP’s official website at www.icp.gov.ae.
