Bahrain Launches Informational Site and Hotline for the Golden Residency to Entice World Experts and Merchants
MANAMA, Bahrain, Apr 11, 2025 – (ACN Newswire) – With the aim of attracting exceptionally talented folks and funding into the Kingdom of Bahrain, basically based completely on strategic efforts to toughen national competitiveness and support type across varied financial, funding, and repair sectors, Bahrain nowadays launched a net based residing (www.goldenresidendy.gov.bh) and a hotline (+973 17484000) devoted to providing data on its Golden Residency Program. The brand new providers work towards providing a level of reference for applicants and beneficiaries.
Since the Golden Residency Program used to be first launched in 2022 as half of the Economic Restoration Diagram, the Nationality, Passports, and Situation Affairs has granted eternal residency to traders, expats owning exact estate, artists, athletes, talented specialists, and prolonged-serving employees alongside their dependents.
H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Constructing, Chief Government of Bahrain Economic Constructing Board talked about, “With its strategic space and its industry-supportive ecosystem, the Kingdom of Bahrain has repeatedly been a hub for both world skill and funding. The Golden Residency Program reaffirms our dedication to fostering a dynamic and welcoming atmosphere where folks and agencies can thrive and turn out to be half of Bahrain’s sing plans. Bahrain is devoted to continually providing streamlined and superior providers to its citizens, residents, and company.”
Bahrain has cemented itself because the slump plight of different for world specialists and traders. With its welcoming neighborhood and prime of the variety of lifestyles, it provides an even looking house for all. Residents abilities a cosmopolitan everyday life that blends stylish island living with rich cultural heritage. As a regional industry hub, Bahrain provides 100% foreign possession in most sectors, a aggressive taxation system, and a extremely professional bilingual personnel. Positioned on the coronary heart of the Arabian Gulf, residents will abilities strategic safe entry to to key markets and a industry-friendly regulatory atmosphere that fosters innovation and funding.
H.E. Shaikh Hisham bin Abdulrahman Al Khalifa, Undersecretary of the Ministry of Interior for Nationality, Passports, and Situation Affairs (NPRA) talked about: “By the Golden Residency Program, we purpose to entice world skill and traders to make contributions to Bahrain’s type plans. The on-line residing and hotline going are living enable us to supply comprehensive data on the program, which can support in attracting skill and funding, thereby positioning the Kingdom as one of many residing’s tourism destinations of different.”
The Golden Residency Program permits holders and their households to are living and work in Bahrain, and is available to folks who meet the next eligibility criteria:
Workers: Experts who salvage labored in Bahrain for a minimal of five years with a minimal month-to-month wage of BHD 2,000 (a lot like USD 5,306) over the previous five years.
Property Owners: Merchants who possess exact estate in Bahrain valued at BHD 200,000 (a lot like USD 530,555) or more on the time of aquire.
Retirees: Individuals who salvage labored in Bahrain for a minimal of 15 years and salvage an common month-to-month pension of BHD 2,000 (a lot like USD 5,306) or more for the duration of the final five years of residency. Non-residents with an common month-to-month pension of over BHD 4,000 (a lot like USD 10,624) are also eligible.
Talented People: Entrepreneurs, extremely professional specialists, and folks who make contributions an excellent deal to Bahrain’s financial system or society.
Eligible folks can train to the Program via Bahrain’s eGovernment portal which provides a speedy and atmosphere friendly utility course of. A devoted group is also available to support Golden Residency applicants and holders, making sure they salvage got safe entry to to ongoing support within the Kingdom.
For more data, please contact:
Abdulelah Abdulla
Communications Division
Economic Constructing Board
Phone: +973-39798919
Email: internationalmedia@bahrainedb.com
About Bahrain Economic Constructing Board (Bahrain EDB)
Bahrain Economic Constructing Board (Bahrain EDB) is an funding promotion agency with total accountability for attracting funding into the Kingdom and supporting initiatives that toughen the funding climate. Bahrain EDB works with the authorities and both recent and doable traders to be obvious that that Bahrain’s funding climate is animated, to talk about the important strengths, and to name where alternatives exist for further financial sing via funding.
Bahrain EDB makes a speciality of plenty of financial sectors that capitalise on Bahrain’s aggressive advantages and provide important funding alternatives. These sectors consist of monetary providers, manufacturing, logistics, ICT and tourism.For more data on the Bahrain EDB, lunge to www.bahrainedb.com.
SOURCE: Bahrain Economic Constructing Board
Subject: Press originate abstract
Source: Bahrain Economic Constructing Board
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