TON Stakers Gain 10-Year UAE Golden Visa With $100,000 Stake

Toncoin (TON), a prominent blockchain project, has established a significant partnership with the United Arab Emirates (UAE). This collaboration allows TON users to stake $100,000 in TON tokens and receive a 10-year UAE Golden Visa in return. The program, detailed on Toncoin's official website, outlines specific requirements and benefits for participants.

To qualify, applicants must stake $100,000 worth of TON tokens for a period of three years, during which the tokens will remain locked. Additionally, a one-time processing fee of $35,000 is required. The visa application process is streamlined, with approvals expected within less than seven weeks. This program offers a more accessible route to residency compared to traditional visa programs, which often demand a real estate investment exceeding $500,000. Furthermore, the visa benefits extend to the applicant's spouse, children, and parents, who can also obtain the same visa status, subject to standard government fees.

One of the key advantages of this program is that the staked assets remain under the user's control and can be fully withdrawn after the three-year period. During the staking duration, participants can expect an annualized return of 3-4%, although this rate may fluctuate based on the price of the TON token. It is crucial for users to conduct transactions through Toncoin's official website to avoid potential scams, as fraudulent sites may mimic the official platform and appear in search results.

This partnership between TON and the UAE represents a strategic move to attract blockchain enthusiasts and investors to the region. By offering a Golden Visa in exchange for staking TON tokens, the UAE aims to foster a thriving blockchain ecosystem and position itself as a global hub for digital innovation. The program not only provides a pathway to residency but also offers financial incentives, making it an attractive proposition for TON stakeholders.

This initiative is part of a broader effort by the UAE to attract high-net-worth individuals and crypto investors. The program aims to support the TON network through long-term staking while benefiting from UAE residency and business advantages. The one-time fee of $35,000 for the 10-year gold visa is a significant draw for those looking to secure residency in the UAE without the need for substantial real estate investments.

The program's benefits extend beyond residency, offering participants the opportunity to earn an annualized return on their staked assets. This financial incentive, combined with the residency benefits, makes the program particularly appealing to those interested in both blockchain technology and the advantages of living in the UAE. The streamlined application process and the ability to withdraw staked assets after three years further enhance the program's attractiveness.

In summary, the partnership between TON and the UAE to provide TON stakers with a 10-year gold visa is a strategic move that benefits both parties. The UAE gains by attracting high-net-worth individuals and crypto investors, while TON stakeholders benefit from residency and financial incentives. This collaboration is expected to foster a thriving blockchain ecosystem in the UAE and position the region as a global hub for digital innovation.