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Today’s open network of telegram (ton) notified Interesting initiative: a ten -year gold visa of the United Arab Emirate Tonore (tone) for three years. The program dramatically reduces the input threshold for staying in the United Arab Emirates and is the first of its kind in the crypto space.
How does the gold visa work
Within the new system, applicants must bet at least $ 100,000 on TON tokens for three years through a decentralized intelligent Ton Blockchain contract. This process is fully transparent and verifiable, which ensures that investors maintain control of their resources throughout the lock. It should be noted that, in addition to the download request, there is a one -time government fee of $ 35,000.
Successful candidates and their closest family members, including spouses, children and parents, receive a ten -year gold visa of renewable SAE resources, allowing them to live, work and invest in the country. The whole process can be completed in less than seven weeks, which represents a significant improvement compared to traditional routes that often require at least $ 540,000 in illicient assets and long processing times.
Stakers also uses financially: The program offers an estimated 3-4% annual revenue from a ton in three years and all funds are fully unlocked at the end of the period regardless of market conditions.
Community reactions and social buzzing
This announcement brought significant excitement in the crypto community that is increasingly looking at the UAE, and especially Dubai, especially as the upcoming crypto of the capital of the world. Ash Crypto tweet:
“Breaking: Ton has just worked with UAE to offer 10 -year -old gold visa to the tone stakers. – stake $ 100,000 $ ton in 3 years – 10 years of the Dubai Gold Visa”
CEO of the Ton, Max Crown Foundation Foundation enthusiastic:
“Big news! Toncoin has just started a pioneering initiative and offered TON holders an exclusive chance to provide a ten -year gold visa.”
Why Dubai? Crypto adoption and global attraction
Dubai and SAE quickly became a global center for digital assets, thanks to progressive regulation, tax incentives and prosperous blockchain ecosystem. A recent transfer of a country liberated crypto transaction 5% of value added tax, effectively since January 2018, will strengthen its appeal for crypto entrepreneurs and investors.
The regulatory clarity of the SAE, controlled by authorities such as the Regulatory Office for Virtual Assets (Vara) and its proactive access to innovations, attracted a large company crypto, including Binance, Crypto.com and Bybity.
As recently informed Cryptoslate, Dubai Clear rules, government engagements and important Blockchain’s events made it a magnet for the top crypto of society and talents from around the world.
A new era to stay from Crypto
The Golden Visa Ton program is an ambitious step in the integration of crypto-real world that reduces the financial barrier to the long-term SAE residence and offers a transparent blockchain-based process that opens the door for a new class of global digital nomads and investors.
Since the SAE continues to stand as a leader in the area of blockchain and digital assets, initiatives like this will probably further speed up the acceptance of the crypto.
