TON Offers UAE Residency for $100,000 Toncoin Stake

The Open Network (TON), the blockchain platform originally developed by Telegram, has introduced a new pathway to UAE residency. The program offers 10-year Golden Visas to applicants who stake $100,000 worth of Toncoin (TON) for three years and pay a one-time $35,000 processing fee. This initiative aims to attract long-term investors to the Toncoin ecosystem by providing residency benefits and potential financial returns.

TON announced that the visa processing and residency status confirmation will be managed by UAE-based partners, with the entire process estimated to take under seven weeks from document submission to visa issuance. Applicants retain control of their assets during the staking period through a decentralized smart contract verifiable on the TON blockchain. The program also promises estimated annual yields of 3% to 4% on staked assets, adding an incentive for crypto investors.

The Golden Visa extends coverage to immediate family members, including spouses, children, and parents, at no additional cost beyond standard government fees. This family inclusion feature enhances the appeal of the program, making it an attractive option for those seeking residency in the UAE.

Conventional UAE Golden Visa routes typically require a minimum investment of $540,000 in illiquid assets. In contrast, TON’s program requires just $100,000 in staked TON, offering a significantly lower entry point. This reduction in entry cost is expected to attract the attention of high-net-worth individuals, or "whales," who may consider this as a viable option for obtaining UAE residency.

The crypto-based residency program reflects the UAE’s broader push to establish itself as a premier destination for blockchain innovation. The country has been actively fostering a supportive environment for digital finance, with recent developments including the approval of Ripple’s RLUSD stablecoin by the Dubai Financial Services Authority and updates to guidelines for real-world asset tokenization. These initiatives, along with the attraction of over 600 crypto companies to the Dubai Multi Commodities Centre free zone, position the UAE as a leader in digital finance and blockchain technology.

This new residency program by TON not only provides a pathway to UAE residency but also offers potential financial benefits through staking rewards. By retaining control of their assets and receiving estimated annual yields, investors can enjoy the advantages of both residency and financial growth. The program's family inclusion feature further enhances its appeal, making it a comprehensive and attractive option for those seeking long-term investment opportunities in the Toncoin ecosystem.