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Bahrain Launches Golden Residency for Foreign Nationals

Bahrain Launches Golden Residency for Foreign Nationals

Bahrain has launched its Golden Residency program, allowing foreigners to apply for permanent residency with access to exclusive benefits and a pathway for long-term settlement. The program is divided into four categories: 1) Professionals must have lived in Bahrain for at least five years with a minimum average monthly salary of BHD 2,000 (approximately USD 5,306) and continuous registration with the Social Insurance Organisation. 2) Property owners are eligible if their real estate holdings total at least BHD 130,000 (around USD 345,000). 3) Retirees must have worked in Bahrain for at least 15 years and receive a pension of BHD 2,000 or more if residing in Bahrain, or BHD 4,000 if non-resident. 4) Talented individuals include entrepreneurs, researchers, artists, and athletes with significant achievements, subject to approval by a specialized talent committee.

This initiative aims to attract high-value foreign nationals to contribute to Bahrain's society.

Plus234Feed summary based on reporting from Legit.ng. Read the original report below.

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