The Bahrain Golden Residency Visa is an esteemed visa program introduced by the Bahraini government. This endeavor is tailored to embrace individuals worldwide who seek to make substantial investments within the kingdom, thereby bolstering Bahrain’s thriving economy and robust development.
What does the Bahrain Golden Residency Visa Programme entail? The Bahrain Golden Residency Visa Program is a strategic initiative aimed at attracting foreign investors by offering a 10-year long-term residency option. This program is distinguished from the typical 2 to 3-year employment visa, providing a more extended stay for investors and their families. Benefits include property ownership, family sponsorship, and a contribution to Bahrain’s economic growth, making it an appealing option for those looking to invest and reside in Bahrain.
What is included in the Bahrain Golden Residency Visa Program?
The Bahrain Golden Residency Visa Program strategically aims to entice foreign investors by providing a 10-year long-term residency option, setting it apart from the standard 2 to 3-year employment visa. This extended stay benefit extends to both investors and their families. Key advantages encompass property ownership, family sponsorship, and the opportunity to contribute to Bahrain’s economic advancement, rendering it an attractive choice for individuals seeking to invest and live in Bahrain.
Who Can Apply?
The Golden Residency Visa is accessible to a wide range of applicants, including:
- Property Owners: Foreign nationals owning property in Bahrain.
- Residents (Employees and Retirees): Those currently living in Bahrain, whether working or retired.
- Retirees: Individuals seeking a peaceful retirement in the welcoming environment of Bahrain.
- Highly Talented Individuals: Exceptional talents who can contribute to Bahrain’s growth and innovation.
Guide: Securing Your Bahrain Golden Residency Visa
Obtaining the Bahrain Golden Residency Visa involves various documents that are universally required for all applicant categories, alongside distinct documents specific to each group. Below, we outline the general document requirements followed by category-specific needs under separate headings.
Common Requirements for All Applicants:
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Passport Validity: The passport must have more than 6 months validity at the time of application.
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Bank Statement: Submission of a bank statement spanning 6 months with recent transaction details.
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Health Insurance: Possession of a valid health insurance certificate within the Kingdom of Bahrain.
Requirements by Applicant Category:
Retirees
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Proof of Income: Evidence of a minimum basic salary of 4,000 Bahraini Dinars or higher.
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Previous Residency Permit: Required if previously held.
Property Owners
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Ownership Documentation: Ownership of property in Bahrain valued at a minimum of 200,000 Bahraini Dinars must be demonstrated.
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Previous Residency Permit: Required if previously held.
Highly Talented Individuals
- Certificate or proof demonstrating the individual’s exceptional abilities.
- Existing Residency Permits: If applicable.
Residents (Employed Individuals and Retirees)
- Proof of Income: Average basic salary of 2,000 Bahraini Dinars or higher over the preceding 5 years.
- Residency Requirement: Must have maintained residency for the past 5 years.
Relatives of Golden Visa Holders
- Golden Residency: A copy of the primary applicant’s Golden Residency.
- Proof of Relationship: Documents establishing the relationship with the primary applicant (e.g., marriage certificate, birth certificate).
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