How Can Migrate World Help You?
Migrate World team offers essential support to clients pursuing the Bahrain Golden Visa. With expert guidance, personalized solutions, and thorough assistance in documentation, investment choices, application, due diligence, and post-approval steps, Migrate World ensures a smooth and successful journey toward obtaining residency in Bahrain. Clients benefit from their expertise, minimizing complexities and maximizing the likelihood of a favorable outcome.
Bahrain Golden Residency Visa Requirements
- Property Investment: Must own properties in Bahrain worth at least BHD200,000 (c. USD530,000).
- Professionals/Skilled Employees: Must have lived in Bahrain for 5 years and earned at least BHD2,000/month.
- Retirement: Must have lived in Bahrain for 5 years and receive at least BHD4,000/month in income.
- Specialized Talent: Must be recognized by a government authority for exceptional skills in fields like academics, entrepreneurship, science, or sports.
Bahrain Golden Residency Visa: Cost, Processing Time, and Validity
Key Consideration | Details |
Cost | – Application Fee: ~4 BHD per person. – Residency Issuance Fee: 300 BHD per person. |
Processing Time | Typically 6-8 working days for a decision. |
Validity | 10-year residency, renewable indefinitely if eligibility is met. |
Benefits | – Long-term residency in Bahrain. – 30% lower cost of living than other Gulf countries. – Family sponsorship. – Work rights in Bahrain. – Unlimited entries to Bahrain. |
Tips for Application | – Use a trusted agency (e.g., Migrate World). – Benefit from expert advice and personalized support. – Minimize errors and stay updated on requirements. |
Golden Visa for Professionals/Qualified Workers
Applicants must have lived in Bahrain for at least five years as residents and maintained a minimum monthly salary of 2,000 BHD (~5,300 USD) throughout this time.
Golden Visa for Real Estate Owners
Foreign nationals qualify if they own property in Bahrain valued at 200,000 BHD (~530,500 USD) or more.
Golden Visa for Retirees
Retirees are eligible if they’ve worked in Bahrain’s public or private sector for at least 15 years, with a minimum salary of 2,000 BHD (~5,300 USD) in their last five years and a retirement income of at least 4,000 BHD (~10,600 USD).
Golden Visa for Special Talents
Highly skilled individuals in fields like academia, business, science, or sports who are officially recognized by Bahrain’s authorities or an accredited incubator for their exceptional talents or qualifications are eligible for a Bahrain residence permit.
Comparing Residency by Investment Countries
Similar Citizenship by Investment Programs
Does Bahrain provide a Golden Visa?
On February 7, 2022, the Kingdom of Bahrain introduced its Golden Residency Visa program to attract foreign investors. This program, which is open to both residents and non-residents, aims to encourage investment in the country.
FAQs
1. What are the fees associated with obtaining residency in Bahrain?
There are two main fees involved in obtaining residency in Bahrain:
- Application Fees (non-refundable): The application fee is 4 Bahraini Dinars per person. This fee is required to submit your application for residency.
- Residency Issuance Fees: The residency issuance fee is 300 Bahraini Dinars per person. This fee is payable once your application is approved and you are granted residency status in Bahrain. It covers the issuance of your residency permit.
2. Can UAE residents go to Bahrain?
Skilled professionals who are residents of the UAE are entitled to a visa upon arrival, allowing them to stay in Bahrain for a maximum of two weeks with a single-entry permit, as stipulated by Bahrain's Nationality, Passports, and Residency Affairs (NPRA).
3. What is the validity period of the Bahrain Golden Visa?
Golden Visa holders can keep renewing their residency every 10 years as long as they meet certain conditions, such as spending at least 90 days in Bahrain within a year.
4. Is there a minimum stay requirement for the Golden Residency Visa?
Individuals who get the Golden Residency Visa must stay in Bahrain for at least 90 days each calendar year.
5. Can I apply for the Golden Residency Visa while outside of Bahrain?
Yes, you can apply for the Bahrain Golden Residency Visa while outside of Bahrain. The application process is accessible online, allowing applicants, whether residents or non-residents, to submit their documents and complete the necessary steps remotely.
6. Does the Golden Residency Visa allow me to sponsor my business partners?
No, the sponsorship advantage is currently only available to direct family members. Is there an age requirement for the Golden Residency Visa program?
7. Is there an age requirement for the Golden Residency Visa program?
Yes, the applicant should be 21 years old or above.
8. How long does it typically take to process a Golden Residency Visa application?
It may take around 10 working days.
9. How many dependents can be included in a single Bahrain Golden Visa application?
The main applicant can include his spouse, children and parents in their visa application.
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