UAE Teams Up with Toncoin (TON) to Launch Blockchain-Powered Golden Visa Initiative
The United Arab Emirates has introduced an innovative residency program linked to cryptocurrency investment, partnering with Toncoin (TON) as its blockchain platform. The initiative grants a 10-year golden visa to investors who stake $100,000 in TON tokens—a strategic fusion of immigration policy and crypto adoption.
Participants must lock their staked assets for three years via a decentralized smart contract, with a $35,000 processing fee. The streamlined approval process guarantees visa issuance within seven weeks, far quicker than traditional methods requiring $500,000+ in real estate or fixed deposits.
Approved applicants receive renewable residency for their immediate family, along with estimated 3% staking rewards. This merit-based system removes income requirements, cementing the UAE's leadership in crypto-integrated immigration frameworks.