Post by : Mariam
Al-Faris
The Kingdom of Bahrain has announced a major reduction in the price of its Golden Residency program, making it 35% more affordable for foreign nationals. The new changes are aimed at boosting Bahrain’s appeal as a top destination for investment, business, and long-term residency.
The Nationality, Passports and Residence Affairs (NPRA) at the Ministry of Interior has reduced the minimum real estate investment required for the Golden Residency from 530,555 BHD (USD 200,000) to 130,000 BHD (USD 345,000). Property owners with real estate valued at or above 130,000 BHD can now apply for the prestigious Golden Residency Visa, giving them long-term residency and multiple privileges in the Kingdom.
The program is available not only to property owners but also to individuals who have worked in Bahrain for at least five years with a monthly salary of more than 2,000 BHD (USD 5,306). Retirees are also eligible if they have worked for a minimum of 15 years and receive a pension of at least 2,000 BHD, or if non-resident retirees have a monthly pension exceeding 4,000 BHD (USD 10,624).
The Golden Residency is additionally granted to talented individuals, including entrepreneurs, highly skilled professionals, and those who make significant contributions to Bahrain’s economy or society. The program allows holders to enjoy long-term residency, ease of establishing businesses, multiple-entry privileges, and the ability to sponsor family members such as spouses, children, and parents.
One of the main attractions of the Bahrain Golden Visa is that it provides permanent residency without a time limit. Residents can live, work, and travel freely within the Kingdom while also benefiting from Bahrain’s 100% business ownership rights for expatriates. The country offers affordable housing, a secure environment, high digital readiness, and a smooth visa process supported by extensive online government services.
The application process for the Golden Residency Visa is managed by the Nationality, Passports and Residence Affairs. Applicants must submit documents including a passport, proof of previous residence, the latest six-month bank statement, and a valid health insurance certificate in Bahrain. The non-refundable per-person application fee is 5 BHD, and the residency issuance fee is 300 BHD per person.
Officials believe that the decision to reduce the cost of the Golden Residency will increase demand for high-end properties while keeping the program’s quality standards high. This move is part of a broader national strategy to position Bahrain as a regional hub for investment, business, and long-term residency.
By lowering the financial barrier, Bahrain is encouraging more foreign investors, skilled professionals, retirees, and entrepreneurs to make the Kingdom their home. With these changes, the Golden Residency program now provides greater accessibility, improved benefits, and enhanced opportunities for those looking to live, work, and invest in Bahrain’s growing economy.
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