Key takeout
- The new Ton Foundation program allows applicants to obtain a UAE Golden Visa by staining $100,000 ton tokens for three years.
- Crypto-based residency programs offer lower capital requirements and faster processing compared to traditional visa paths.
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Open Network (TON) launched a new residency programme offering UAE Golden Visas through Crypto Staking, a blockchain ecosystem originally incubated by Telegram, and was able to qualify by staking $100,000 with a $100,000 token for three years with a processing fee of $35,000.
The program eliminates traditional requirements such as property purchases and minimum income standards. Instead, candidates undergo a merit-based selection process through selective reviews.
The piling assets are under user control during lock-up periods, and the staking mechanism is implemented via decentralized smart contracts that can be verified on the Ton blockchain. This process takes less than seven weeks from filing the document to approval of the visa.
Visa coverage extends to the spouses, children and parents of major applicants at no additional costs beyond standard UAE government fees. The program projects an annual return of 3-4% on staketon tokens over three years.
The application starts with the initial submission and proceeds to the review phase after payment of fees and token staking. Once approved, the UAE-based partner will manage the processing of the visa, followed by a state entry and confirmation of residence.
As explained on Ton’s website, crypto-based visa routes are an alternative to traditional UAE Golden Visas, typically requiring a minimum investment of $540,000 in real estate or fixed deposits.
In contrast, Ton’s Offer reduces capital requirements, reduces processing timelines to less than seven weeks, allowing applicants to maintain digital assets liquidity.
Toncoin rose nearly 13% to over $3 following the news. At the time of writing, the tokens were trading for around $2.9 per TradingView.
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