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Bahrain Golden Visa - Residency by Investment Program

Processing Time

2-4 weeks

REAL ESTATE

200,000 BHD
($530,672 USD)

VISA-FREE ACCESS TO

Access to GCC

Overview of Bahrain Golden Visa - Residency by Investment Program

The Bahrain Golden Visa is an initiative launched by the Kingdom of Bahrain to attract foreign investors, entrepreneurs, and individuals of exceptional talent to the country. This program offers a pathway to obtaining residency in Bahrain through various investment options, making it an attractive destination for those seeking to live and work in the Middle East.

How to obtain a Bahrain Golden Visa

To secure a Bahrain Golden Visa, individuals can pursue various pathways, each tailored to different eligibility criteria:

  1. Property Investors: Individuals interested in property investments can obtain a Golden Visa by owning real estate in the Kingdom of Bahrain with a total value of not less than 200,000 Bahraini Dinars (equivalent to $530,000 USD).
  2. Resident Applicants (Employees and Retirees): For residents, eligibility is based on a consistent financial history. To qualify, applicants should have maintained an average basic salary of 2,000 Bahraini Dinars or more over the past 5 years of residency.
  3. Retirees: Retirees can secure a Golden Visa by demonstrating a stable financial background, with a basic salary of 4,000 Bahraini Dinars or more per month.
  4. Highly Talented Individuals: Exceptional individuals with extraordinary talents can qualify for a Golden Visa by providing appropriate documentation to substantiate their exceptional abilities.
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Processing Time

2-4 weeks

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Real Estate From

200,000 BHD
($530,672 USD)

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Visa-Free Access To

Access to GCC

Why Choose Bahrain?

  • Strategic Location: Bahrain’s strategic location in the Middle East provides easy access to the Gulf Cooperation Council (GCC) markets, making it a hub for regional trade and business.
  • Business-Friendly Environment: Bahrain offers a welcoming business environment with a transparent regulatory framework, minimal bureaucracy, and various incentives for foreign investors.
  • Tax Benefits: The country has no corporate income tax, no personal income tax, and no capital gains tax, making it highly tax-efficient for businesses and individuals.
  • Financial Services Hub: Bahrain is known for its well-developed financial sector, including a thriving banking and fintech industry, making it an ideal destination for financial services and technology companies.
  • Skilled Workforce: Bahrain has a well-educated and skilled workforce, with a focus on education and training, ensuring businesses have access to a capable talent pool.

Cost of living in Bahrain

Restaurants

Even though dining out can be costly, it consumes approximately 13% of the monthly budget. Despite the overall expense, you can enjoy a well-prepared meal at an affordable eatery for as little as $5. However, it’s worth noting that alcoholic beverages, where permitted, can be relatively expensive, with a bottle of beer often priced at $10.

Markets

In contrast to European countries where food prices can be high, Bahrain offers reasonably priced groceries. You can opt to purchase food items at local markets or during promotional sales, leading to significant savings. Preparing your own meals is advisable if you want to manage your budget effectively

Transportation

Remarkably, public transportation in Bahrain is budget-friendly and accessible to everyone. A monthly pass typically costs no more than $40. For those who own a vehicle, the cost of gasoline is relatively low at just $0.5 per gallon.

Utilities (Monthly)

Compared to European countries, utilities like electricity, water, and garbage collection in Bahrain are more affordable but still represent a substantial portion of monthly expenses, amounting to approximately $170. Considering the minimum monthly salary, this cost can be considered significant.

Sports and Leisure

While Bahrain is generally considered an affordable place to live, sports and fitness-related expenses can strain your budget. Fitness clubs and tennis court rentals, in particular, can be quite expensive.

Clothing and Shoes

Bahrain is relatively inexpensive when it comes to clothing prices compared to countries in Australia and Europe. You can purchase designer jeans for as little as $50 or even less, which is considered affordable. However, the cost of running shoes tends to be higher than in other countries.

Rent per Month

Securing accommodation in Bahrain is the most substantial expense, surpassing even utility costs. Those with an average monthly salary can afford apartments in city centers, but this is often out of reach for individuals with minimum wages.

Key Facts

Capital

Manama

Languages

Arabic

Currency

Bahraini Dinar

Population

1,485,509 (2024)

What are the eligibility criteria to apply for the Bahrain Golden Visa?

  • Minimum net worth of 200,000 Bahraini Dinar ($530,000 USD) for the property owner
  • No criminal record
  • Age 21 years old and above
  • Applicants will need to spend a minimum (90) days each year in Bahrain
  • No deportations/visa refusal

Bahrain Golden Visa Required Documents

  • Passport (must be valid for more than 6 months).
  • Proof of previous residence (if available).
  • Latest 6 Months Bank Statement.
  • Valid health insurance certificate in the Kingdom of Bahrain.
  • Property deed(s) in the Kingdom of Bahrain, with a total value not less than 200,000 Bahraini Dinars (for property owners).
  • Proof of average basic salary is 2,000 Bahraini Dinars or more in the past 5 years of residency (for residents: employees and retirees).
  • Proof of basic salary is 4,000 Bahraini Dinars or more per month (for retirees).

How Many Dependents Can Be Included in a Single Application?

Under the Bahrain Golden Visa program, the primary applicant has the privilege of including their spouse, children, and parents in their visa application.

Starting investment for Bahrain Residency is 200,000 BHD

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    How do I avoid mistakes when applying for a Bahrain Golden Visa?

    When embarking on the journey to obtain residency in Bahrain, entrusting your application to a reputable migration agency like Migrate World can be the strategic advantage you need. Our seasoned experts are well-versed in the intricate details of the application process, ensuring meticulous adherence to the country’s stringent requirements. With a track record of successful outcomes, Migrate World offers personalized assistance, saving you valuable time and minimizing the risk of errors that could delay or hinder your application. As your dedicated partner, we not only simplify the complexities but also provide you with up-to-date insights, empowering you to make informed decisions.

    Program Summary

    Learn more about the country and it's citizenship by investment.

      Similar Residence by Investment Programs

      Bahrain's Golden Visa Benefits

      • Right to work in Bahrain
      • Provides unlimited entry and exit to the country
      • Residency for close family members

      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.

      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

      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.

      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).

      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.

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