Within the strategy of enhancing the competitiveness of the Kingdom of Bahrain and supporting the development paths in various economic, investment and service sectors, the Kingdom of Bahrain today launched a website (www.goldenresidney.gov.bh) and a hotline (97317484000+) dedicated to communication and providing all information about golden residence, to be a reference for the beneficiaries and those wishing to benefit from it, where Bahrain managed to establish its position as a favorite destination for investors, businessmen and various categories, thanks to its advanced infrastructure that is reinforced by the various economic, investment and service sectors, as well as its modern and civilizational ingredients that are attractive to all.
As a regional business center, investors in Bahrain can fully own their business in most sectors, benefit from a competitive tax system, and abundant local professional skills. The site of the Kingdom of Bahrain in the heart of the Arabian Gulf makes it the strategic choice for residents who want to reach the main regional markets in light of a business environment that support business and encourage innovation and investment.
In this regard, Nour Bint Ali Al -Khalif, Minister of Sustainable Development, CEO of the Economic Development Council, stressed that the Kingdom of Bahrain, with its strategic location and its support environment, is an attractive center for global skills and investments, and provides facilities to enhance its competitiveness at all level It is a development plans, and its commitment to continuing excellence in providing integrated services, whether for the citizen or for the resident and the visitor.
She explained that the launch of the website and the hotline will provide comprehensive information about the program, and then enhance the contribution of the program in bringing competencies and investments and promoting Bahrain as one of the most important preferred destinations in the region.
For his part, His Excellency Sheikh Hisham bin Abdul Rahman Al Khalifa, Undersecretary of the Ministry of Interior for Nationality, Passports and Residence Affairs, praised the launch of the Golden Residence website, as part of the ongoing efforts to enhance the mechanisms of digital transformation, in a way that is to achieve this service for its goals, pointing out that the primary goal is to attract competencies and attract investors in the framework of working on enhancing development paths in the Kingdom of Bahrain.
He added that the initiative is a qualitative shift towards raising the efficiency of services provided to residents in the Kingdom of Bahrain, which will enhance Bahrain’s international status as a business and living center.
It is worth noting that golden residence qualifies for its holders to live and work in Bahrain, and it can be granted to those who are fulfilled in the following qualifications:
• Employees with skills who have worked in Bahrain for a period of no less than five years with salaries of no less than 2000 dinars (equivalent to $ 5306) for the past five years.
Real estate owners of individuals who own real estate in Bahrain amounting to 200 thousand Bahraini dinars (about 530555 dollars) or more at the time of their purchase.
• Retired individuals who have worked in Bahrain for at least 15 years and have retirement salaries of 2000 dinars (5306 dollars) or more during the past five years. This classification also includes retirees, not residents whose salaries reach more than 4000 dinars (10625).
• Talented entrepreneurs, high skills, and individuals who have contributed significantly to the economy and society of Bahrain.
Those who meet the criteria can also apply for golden residence through this link, as a specialized team is interested in receiving and studying requests for gold residence.
