Bahrain's Golden Visa: An Attractive Option for Indian Expats
Bahrain has recently introduced a 10-year renewable Golden Residency Visa aimed at attracting skilled professionals, retirees, property investors, and individuals with exceptional talent. This program provides a competitive alternative to the more established UAE Golden Visa, especially for Indian nationals seeking a cost-effective and flexible residency solution.
Eligibility and Benefits of Bahrain's Golden Visa
The Golden Residency Visa is accessible to four main categories:
- Employed Professionals: Must have resided in Bahrain, earning a minimum monthly salary of BHD 2,000 for at least five consecutive years.
- Retirees: Residents need a monthly pension of BHD 2,000, while non-residents require BHD 4,000.
- Property Owners: Must own real estate in Bahrain valued at BHD 200,000 or more.
- Exceptional Talent: Recognized individuals in fields such as science, arts, sports, or entrepreneurship.
The visa allows holders to live and work in Bahrain, sponsor immediate family members (spouses, children, and parents), and does not require continuous stay, although a minimum of 90 days per year is necessary to maintain residency. This flexibility is particularly advantageous for digital nomads and remote workers.
Comparing Bahrain's and UAE's Golden Visas
While both Bahrain and the UAE offer long-term residency options, Bahrain's program stands out for its affordability and straightforward application process. The initial application fee is BHD 5, with a visa issuance fee of BHD 300. In comparison, the UAE's Golden Visa requires substantial investments, often starting at AED 2 million for property investments. Additionally, Bahrain's cost of living is generally lower than that of Dubai or Riyadh, making it an attractive base for families and professionals.
Application Process: Simple and Digital
The application process for Bahrain's Golden Residency Visa is fully digital, requiring the creation of an eKey account, submission of required documents (including passport, financial proof, and health insurance), and payment of the application fee. The process is designed to be completed within 10 working days, offering a swift transition for new residents.
Why Indian Professionals are Choosing Bahrain
For Indian expatriates, Bahrain's Golden Visa offers a compelling package of benefits, including lower living costs, a supportive expatriate community, and a strategic geographic location in the Gulf. The visa's flexibility in family sponsorship and employment options without the need for employer sponsorship further enhances its appeal.
Read more about Bahrain's Golden Visa
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