The Gulf country Bahrain has prepared a master plan to attract foreign professionals, investors and entrepreneurs.Like the UAE, it plans to issue long-term visas to foreigners in the name of a ‘golden visa’.Bahrain is preparing for the launch to further strengthen the country’s economy.Bahrain’s idea is to further improve the financial, investment and service sectors by issuing long-term visas to foreigners.The cabinet has already given the green signal for the plan.
The Interior Ministry has recently issued a statement on the Golden Visa.
According to a statement issued by the Ministry of Home Affairs, the Golden Residency visa issued to foreigners will be renewed indefinitely.As well as the right to work in Bahrain as well as allow unlimited entry and exit.In addition, close family members of the visa holder will have the option of residing in that country.“It simply came to our notice then that Bahrain needed to win in this competitive world.
This is especially true for the financial, investment and service sectors.The visa is aimed at attracting investors, entrepreneurs and the most talented people who can contribute to Bahrain’s success.” The ministry revealed.
Eligible for Golden Residency Visa .Employees residing in Bahrain for more than 5 years.Monthly salary should be on an average 2 thousand Kuwaiti Dinars (Rs.3.95 lakhs).Applicant must have own assets in that country not less than 2 lakh kd (Rs.4,94,19,030).Retirees must be earning 4,000 Kuwaiti dinars (Rs.9,88,380) or more per month.Holders of these visas must spend at least 90 days a year in Bahrain.golden visa,latest news,united arab emirates,golden visa dubai,golden visa uae,golden visa bahrain,bahrain golden,bahrain golden residency visa,bahrain golden visa,bahrain offers golden residency visa,permanent golden residency visa,bahrain permanent golden residency visa,uae golden visa eligibility,bahrain golden visa eligibility,golden visa eligibility,rules for bahrain golden visa #GoldenVisa #Bahrain #UAE charun Pid: 1902396
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