TON Foundation and UAE Golden Visa: Latest Updates
The TON Foundation has clarified its involvement in the UAE Golden Visa program, confirming it is in early discussions with a licensed partner. The foundation stressed that this initiative does not have official support from the United Arab Emirates government. Any program implementation would require approval from UAE authorities and adherence to local regulations.
UAE Authorities Clarify Position on Golden Visas
Following initial reports about the TON Foundation‘s potential involvement in issuing 10-year golden visas, UAE authorities including the Federal Authority for Identity, Citizenship, Customs and Port Security issued a joint statement. They confirmed that digital asset holders are not currently eligible for these visas.
Key Points About the Proposed Visa Program
- The TON Foundation is in preliminary talks regarding a potential UAE Golden Visa program
- No formal program exists with UAE government endorsement
- UAE regulatory bodies have explicitly excluded digital assets from visa eligibility criteria
Next Steps for the Visa Proposal
As discussions continue, the TON Foundation will provide updates on any developments. Final implementation would depend on comprehensive review and approval by UAE government entities, with strict compliance to all applicable laws and regulations.
