TON Launches UAE Golden Visa Initiative for Toncoin Holders
Bitcoin.com
News Bytes
Max Crown, CEO of the TON Foundation, announced the launch of an initiative allowing Toncoin holders to secure a 10-year Golden Visa in the UAE.
Participants can obtain the visa by staking 100,000 in TON for three years and paying a one-time processing fee of $35,000.
The process promises fast approval, with visas issued in under seven weeks, and includes family members at no additional cost. Unlike popular routes that require significant investments in real estate, this initiative allows participants to retain full control of their staked assets, which can be unlocked after the three-year period. Additionally, participants can earn an estimated 3-4% annual percentage yield (APY) during the staking period.
Crown expressed gratitude to the foundation’s partners in the UAE for their support in this innovative program, which aims to open doors to real-world opportunities through cryptocurrency.
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