BAHRAIN: Bahrain has reduced the minimum investment requirement for the Golden Visa by 35% by easing residency rules.
It was announced by the Nationality, Passports, and Residence Affairs of Bahrain’s Ministry of Interior that the investment threshold has been reduced from 200,000 Bahraini Dinar to 130,000 Bahraini Dinar.
The same program is now available for those currently owning property in the country worth at least 130,000 Bahraini Dinar. It is important to note that there are many categories for which the Golden Residency Visa is made available.
This covers real estate investors, professionals with a minimum salary of 2,000 Bahraini Dinar per month, retired individuals who have been employed in Bahrain for at least 15 years, and non-resident retirees whose pensions are 4,000 Bahraini Dinar or more.
Interested applicants should apply through the Ministry’s portal.
Along with the application, they have to provide their passport, six months of bank statements, health insurance, and proof of residence. The application fee is 5 Bahraini Dinar. Golden Visa holders can work anywhere in the country.
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