Welcome to the Bahrain Golden Residency Visa, a prestigious visa program launched by the Bahraini government. This initiative is specifically designed to welcome individuals from around the globe who are interested in making significant investments within the kingdom, thereby contributing to Bahrain's vibrant economy and dynamic growth.
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.
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.
The Application Journey: A Step-by-Step Guide to Obtaining Your Golden Residency Visa
The Bahrain Golden Residency Visa requires several documents that are common across all applicant categories, alongside specific documents unique to each group. Below, we list the unified document requirements followed by category-specific needs under separate headings.
Common Requirements for All Applicants
Passport: Must be valid for more than 6 months at the time of application.
Bank Statement: A 6-month bank statement showing recent transactions.
Health Insurance: A valid health insurance certificate in the Kingdom of Bahrain.
Requirements by Applicant Category
Retirees
Income Proof: Proof of a basic salary of 4,000 Bahraini Dinars or more.
Previous Residence Permit: If previously held.
Property Owners
Property Deed: Must own property in Bahrain worth at least 200,000 Bahraini Dinars.
Previous Residence Permit: If previously held.
Highly Talented Individuals
Talent Proof: Certificate or evidence of the individual's gifted nature.
Previous Residence Permits: If any exist.
Residents (Employees and Retirees)
Salary Proof: Average basic salary of 2,000 Bahraini Dinars or more over the last 5 years.
Residency Requirement: Must have been a resident 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).
Application Steps
Online Application: Visit the Bahrain e-visa website to submit your application.
Document Review: Undergo an administrative review of submitted documents.
Fee Payment: Pay the required fees online.
Recheck form: once completed, recheck your form to avoid mistakes.
Residency Permit: Receive your Bahrain Golden Residency eVisa via email.
Bahrain Golden Residency Visa: Cost, Processing Time, and Validity
The Bahrain Golden Residency Visa offers a compelling pathway to long-term residency in the Kingdom. Here's a breakdown of key considerations:
Cost:
There are two main fees associated with the Golden Visa:
Application Fee: This non-refundable fee is typically around 4 Bahraini Dinars (BHD) per person.
Residency Issuance Fee: Upon approval, a residency issuance fee of 300 BHD per person applies.
Processing Time:
The processing timeline for the Golden Residency Visa can vary depending on individual circumstances. However, it generally takes around 6-8 days to receive a decision.
Validity:
The most attractive feature of the Golden Visa is its extended validity period. Unlike standard residency visas, the Golden Visa offers a long-term residency permit valid for 10 years.
Furthermore, the visa can be renewed indefinitely as long as you meet the ongoing eligibility requirements.
Experience the Benefits of Long-term Residency in Bahrain
Benefits of the Bahrain Golden Residency Visa:
Long-term Residency: offers the chance to settle down in the Bahraini Kingdom for long term.
Lower Cost of Living: Compared to other Gulf countries, Bahrain boasts a 30% lower cost of living.
Family Sponsorship: Your family can reside with you in Bahrain.
Work Authorization: The Golden Visa grants you the right to work in the country.
Unrestricted Multiple Entry: Permits unrestricted multiple entries into the Kingdom of Bahrain.
Tips for a Successful Bahrain Golden Visa Application
Use a Reputable Agency: Engage with a trusted migration agency such as Migrate World to leverage their expertise.
Expert Guidance: Benefit from the agency's deep understanding of the application nuances and strict requirements.
Error Minimization: Reduce the risk of mistakes that could delay or compromise your application.
Personalized Support: Receive tailored assistance throughout the process.
Stay Informed: Gain current insights to make well-informed decisions.
FAQ
Yes, holders must spend at least 90 days per year in Bahrain to maintain residency.
Yes, applications can be submitted remotely.
No, the sponsorship benefit is currently limited to immediate family members.
There is no specific age requirement, but eligibility criteria for each category may indirectly influence this (e.g., minimum income for retirees).
Processing times can vary, but applications are generally known for being efficient, and often decided within a few weeks.
The primary applicant of the Bahrain Golden Visa program can include their spouse, children, and parents in their visa application.
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