TON Offers UAE Golden Visa for $100K Staked, Promises 3–4% Yields

The open network (TON), a blockchain platform, has been spinning from a telegram, revealed a new way to staying United Arab Emirates, and offering ten -year gold visas to applicants who set $ 100,000 in Toncoin (TON) for three years and pay a one -off processing fee of $ 35,000.

“Secure your gold visa in less than 7 weeks of presenting a document to the visa office,” Ton notified Saturday, in detail, describing that for partners based on UAE will manage the processing of visa and confirmation of the state of stay.

Applicants retain control of their assets during the period of withdrawal through a decentralized intelligent contract verifiable on blockchain. The program also promises estimated annual yields of 3% to 4% per seated assets and adds motivation for crypto investors.

The gold visa extends coverage to immediate family members, including spouses, children and parents, without additional costs over standard government fees.

Related: Toncoin tension when Pavel Durov leaves France after months

Ton reduces the cost of entering gold visa by 80%

Conventional Gold Visa routes usually require at least $ 540,000 for non -visible assets. On the other hand, the TON program requires only $ 100,000 in a tunne and offers a significantly lower entrance point.

“The record is 5 times lower than the equivalent investment in real estate / FD and will definitely alert the whales to look at Ton and consider it the possibility,” wrote Bobby Ong, co -founder Coingecko, X.

After the announcement, the price of toncoin increased over 10%. At the time of writing, the token is traded around $ 2.98, which is more than 8% in the last day. According to CoinMarketcap data, the token is still more than 60%.

Related: Ton Blockchain network back online after a short outage

UAE to cement like blockchain mush

The crypto residential program reflects the UAE pressure to establish itself as a front target for blockchain innovation.

Last month, the Dubai Office for Financial Services (DFSA), the financial regulator responsible for the Dubai International Financial Center (DIFC), Approved Rlusd Stablecoin Rlusd Ripple.

In May Dubai crypto regulator updated your instructions Include a provision for tokenization in the real world (RWA). Lawyer Irina Heaver said Caintelegraph these rules give issuers and exchanges a clear way to Start and Trade in tokenized real estate.