UAE Authorities Deny Toncoin Holders Eligibility for Golden Visa
The United Arab Emirates government has firmly denied recent online claims suggesting that holders of Toncoin (TON)—a popular cryptocurrency—are eligible for the UAE’s prestigious 10-year Golden Visa.
🔍 UAE Government Issues Official Clarification
In a joint statement, the Federal Authority for Identity and Citizenship, Customs and Ports Security (ICP), the Securities and Commodities Authority (SCA), and the Virtual Assets Regulatory Authority (Vara) clarified that the Golden Visa is not available to cryptocurrency investors.
Only individuals from the following categories are eligible:
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🏢 Real estate investors
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💡 Entrepreneurs
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🧠 Outstanding talents and scientists
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🎓 Top students
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🤝 Humanitarian pioneers and frontline workers
💬 Toncoin Claims Called “Misleading”
The clarification comes after Max Crown, CEO of the Ton Foundation, claimed via social media that Toncoin holders could obtain the Golden Visa by staking TON and paying $35,000.
Officials have strongly denied this claim, emphasizing that TON is not licensed or regulated by the UAE authorities and is not a valid route to residency.
⚠️ Official Agencies Warn Against Misleading Offers
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Vara: Stated that TON is not recognized or licensed by the agency and that all visa procedures must follow official Dubai government protocols.
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SCA: Urged the public to rely only on verified government sources and avoid engaging with fraudulent or misleading online promotions.
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ICP: Confirmed that digital asset investments do not qualify for the Golden Visa.
✅ Where to Find Accurate Visa Information
For verified information about the UAE Golden Visa, residents and investors are advised to:
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Visit the official ICP website
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Contact approved UAE government channels
🌐 Bottom Line
The UAE continues to welcome investors and global talent through its Golden Visa program, but cryptocurrency holdings or staking schemes—including Toncoin—do not qualify as a legitimate pathway to residency.
Always verify immigration claims through official sources to avoid scams or false promises.
