UAE Officially Denies Toncoin Golden Visa Program
The United Arab Emirates (UAE) has officially denied claims regarding obtaining a golden visa through a program promoted by the Toncoin ecosystem.
Three UAE federal entities stated in a joint announcement that recent reports circulating on social media – claiming the UAE grants golden visas to individuals investing $100,000 in Toncoin – are incorrect.
Authorities emphasized that the golden visa is granted only to specific categories such as outstanding students, scientists, entrepreneurs, and real estate investors.
It was also announced that Toncoin is not authorized in Dubai for these purposes.
This denial came after the Ton Foundation announced a program offering 10-year UAE residency in exchange for a $100,000 Toncoin investment and a $35,000 processing fee. UAE authorities have urged applicants to rely solely on official government sources.
