- TON is offering a 10-year UAE Golden Visa for staking $100,000 worth of Toncoin for three years, plus a $35,000 processing fee.
- Traditional Golden Visa routes require a $540,000 investment; TON’s offer lowers the cost by 80% and includes annual yields of 3%–4%.
The Open Network (TON), the blockchain spun out of Telegram, has introduced a new program that enables crypto investors to obtain a 10-year UAE Golden Visa by staking $100,000 worth of Toncoin (TON) for three years.
A one-time $35,000 processing fee is also required. The initiative drastically lowers the traditional entry point for Golden Visas, which typically demand investments of at least $540,000 in illiquid assets.
Fast-Tracked Residency with Yield Potential
According to TON’s announcement, applicants can
“secure your Golden Visa in under 7 weeks from document submission to the Visa Office.”
UAE-based partners will oversee the visa application and residency status verification process.
The program uses decentralised smart contracts on the TON blockchain to ensure that applicants retain control of their assets during the staking period. TON also offers an estimated annual yield of 3% to 4% on the staked amount, creating a dual incentive of residency and returns.
Immediate family members, including spouses, children, and parents, are also eligible under the same visa, with only standard government fees applying.
The crypto community took notice. Bobby Ong, co-founder of CoinGecko, remarked,
“The entry is 5x lower than an equivalent real estate / FD investment and will certainly get the attention of whales to take a look at TON and consider this as an option.”
Toncoin’s price surged over 10% following the news, and is now trading around $2.98. Despite the recent bump, the token remains down over 60% year-on-year.
However, the program has also drawn skepticism.
“3rd party provider is using TON as a proxy to help their clients get golden visa for entrepreneurs. They could have used FARTCOIN instead,”
Noted, Joe HedgeHog, a partner at Sigil Fund.
This initiative comes as part of the UAE’s broader effort to position itself as a global leader in blockchain and digital assets.
Edited by Annette George