Following the footsteps of its Gulf neighbours, Bahrain has begun the process of establishing long-term visas for visitors. Many countries in the region are attempting to diversify their economies in order to reduce their reliance on fossil fuels in the face of fluctuating oil prices. In an effort to attract talent, they have loosened immigration regulations for this aim.
According to Bahrain's norms and laws, the following categories are eligible for the issuance of a Golden Residency Visa:
You are eligible for this visa if,
The documents needed for a golden visa may differ depending on the basis of your application. For instance, different documents are required for investors, employees, retirees, etc. Some of them are given below.
There is no need to provide all these documents but only the ones required.
Those who own properties worth at least 200,000 dinars are also eligible to receive the golden residence, as well as "talented" individuals. Those eligible may apply for a golden residence visa.
Visa Processing Time
The visa may take longer than usual. It can take even a month to process. This time period may vary so you should be prepared for any kind of delays.
How to Apply
The process of application is straightforward. You are required to fill out the application form, attach documents to it and pay the processing fee. After that, what you can do is wait for confirmation.
Duration
Ten-year Golden Residency Visas are available from Bahrain (Golden Visa). Later on, the visa gives expatriates and international investors the chance to live permanently in the nation.
Fees
For qualified candidates, the Golden Visa will be issued immediately and will cost 300 BD (US$795). We anticipate that more information on the Golden Visa will be released in the upcoming months. It can be received through the e-Government Portal.
The golden visa is initially provided for 10 years. It can be further extended and can even lead to a permanent residence.
Business
The visa is for investors in Bahrain.
Residence
It can lead to permanent residence.
Dependents
Include family members, if any.