Bahrain drops Golden Visa cost to draw foreign investors

Bahrain has relaxed its long-term residency rules by reducing the investment amount needed for its Golden Residency Visa. The government has cut the requirement by 35%, making it much easier for foreigners to live in the Kingdom.

The Ministry of Interior’s Nationality, Passports and Residence Affairs (NPRA) announced that the minimum investment has been reduced from 200,000 Bahraini Dinars (BHD) to 130,000 BHD.
This means anyone who already owns property worth 130,000 BHD or more can now apply for the programme.

Who Can Apply?

The Golden Residency Visa is available to several groups, including:

• Real estate investors

• Professionals earning at least 2,000 BHD per month

• Retirees who worked in Bahrain for 15 years

• Non-resident retirees with a 4,000 BHD pension

• Skilled or talented individuals who contribute to the economy or society

How to Apply

Applicants must apply through the NPRA online portal. Required documents include:

• A valid passport

• Six months of bank statements

• Health insurance

• Proof of residence

There is a 5 BHD application fee and a 300 BHD visa issuance fee, and both are non-refundable.

What Makes Bahrain’s Golden Visa Special?

The Golden Residency Visa offers several strong benefits:

• Lifetime validity

• Freedom to work anywhere in Bahrain

• Unlimited entry and exit

• Family sponsorship

• Full business ownership rights

Why Bahrain Made These Changes

Officials say that lowering the investment requirement will help increase real estate demand, attract skilled professionals from around the world, and support Bahrain’s goal of becoming a major residency and investment hub in the Gulf region.

Read More: Murtaza Wahab Condoles Family, Vows Action Over Open Drain Incident