Golden Residency Visa launched

The Bahraini government has launched a Golden Residency Visa for eligible foreign nationals.

Key Points:

• As of Feb. 7, real estate owners, resident foreigners (including retirees) and highly talented individuals can now submit applications for the Golden Residency Visa through this website.
• To be eligible for the visa, individuals must have lived in Bahrain for at least five years and earned an average income of at least 2000 Bahraini Dinar per month.
• The Golden Residency Visa is renewable indefinitely and allows individuals to work in Bahrain, have unlimited entry and exit permissions and gives residency to family members.

Additional information: More information regarding the Golden Residency Visa eligibility requirements and lists of required documents is available here.

BAL Analysis: The Bahraini government intends to attract more investors, entrepreneurs, and highly talented individuals to live and work in the country. Those interested in the Golden Residency Visa should contact their BAL professional to discuss best available options.

This alert has been provided by the BAL Global Practice group. For additional information, please contact berryapplemanleiden@bal.com.

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