TON Foundation says UAE ‘Golden Visa’ plan in early stages after government pushback

TON Foundation says UAE ‘Golden Visa’ plan in early stages after government pushback

The Open Network (TON) Foundation has issued a clarification regarding its proposed 10-year "Golden Visa" program for Toncoin stakers, emphasizing that the initiative has not yet received official government endorsement.

"To clarify, no official Golden Visa program has launched in partnership with the government of the United Arab Emirates, nor has any governmental endorsement been granted to TON."
Proposed Program Details

The Foundation noted that application alone does not guarantee visa issuance, as final authority remains at the discretion of the UAE government. Currently, UAE regulations do not officially recognize digital currency investments as eligible criteria for Golden Visa status.