Real EstateTop Stories
GBO_Bahrain

Bahrain Golden Residency: Kingdom lowers real estate investment requirements

Talented individuals like entrepreneurs, highly-skilled professionals, and those who make significant contributions to the Bahraini economy or society also get a Golden Residency

Bahrain has reduced the minimum real estate investment amount required for the Golden Residency from BD200,000 (USD 530,494) to BD130,000 (USD 344,821).

As per the Nationality, Passports and Residence Affairs (NPRA) at the Ministry of Interior, the move is expected to increase demand for high-end properties in a competitive market, while maintaining the high standards of the Kingdom’s “Golden Residency Programme,” which forms part of a broader national strategy to enhance the Gulf nation’s appeal as a regional hub for long-term residency, business and investment.

“By lowering the investment threshold, Bahrain aims to stimulate growth in the real estate sector and enable a wider segment of foreign investors to benefit from Bahrain’s high living standards and attractive property market. The step aligns with national efforts to promote sustainable investment, support economic growth and attract international expertise seeking stability and opportunities in the GCC,” the Bahrain News Agency reported.

The announcement also coincides with the Kingdom’s Cityscape exhibition, which further underscores Bahrain’s role in supporting a dynamic regional and local real estate market characterised by innovation and sustainable value creation.

Shaikh Hisham bin Abdulrahman Al Khalifa, Undersecretary for NPRA, emphasised the importance of this step, noting that reducing property investment requirements reflects the Kingdom’s commitment to providing an enabling environment for global investors seeking stability and long-term opportunities in the region.

The official added that the step increases the competitiveness of the “Golden Residency Programme” while preserving the policy’s exclusivity, apart from ensuring its continued ability to attract foreign investors.

“Under the current programme, the Golden Residency is granted to property owners and individuals who meet the required criteria. These include professionals who have worked in the Kingdom for at least five years with an average monthly salary exceeding BD2,000 (USD 5,306) during the past five years; retirees who have worked in Bahrain for at least 15 years and receive an average monthly pension of BD2,000 or more; and non-residents with an average monthly pension exceeding BD4,000 (USD 10,624),” TradeArabia reported.

Talented individuals like entrepreneurs, highly-skilled professionals, and those who make significant contributions to the Bahraini economy or society also get a Golden Residency. It helps them to earn long-term residency, ease of establishing businesses, multiple-entry privileges and the ability to sponsor family members.

“The updated threshold enhances the Kingdom’s position as one of the region’s most open, flexible and attractive destinations for investors, reinforcing its status as an appealing location for high-net-worth individuals and professionals seeking a welcoming environment and a high quality of life,” Bahrain News Agency concluded.

Related posts

Global Business Outlook Awards 2022: Stage set for extravaganza in Dubai

GBO Correspondent

Tanzania witnesses growth in mobile wallet users

GBO Correspondent

Visa and Belvo announces strategic partnership for open finance offerings

GBO Correspondent