Bahrain Lowers Minimum Real Estate Investment for Golden Residency

In a significant move to enhance its status as a premier investment destination, Bahrain has announced a reduction in the required minimum investment for obtaining the Golden Residency from BHD 200,000 (approximately $530,555 USD) to BHD 130,000 (around $345,000 USD). This strategic decision aims to stimulate demand in the real estate market, making it more accessible for foreign investors seeking high-quality property options within the kingdom.

The announcement, made by the Ministry of Interior’s Nationality, Passports, and Residency Affairs (NPRA), is expected to invigorate Bahrain's competitive market while maintaining the high standards of the Golden Residency Program. This program is part of a broader national strategy to position Bahrain as a regional hub for long-term residency, business, and investment opportunities. The new investment threshold will likely bolster the real estate sector's growth while attracting a wealth of international talent seeking stability and opportunities in the Gulf Cooperation Council (GCC) region.

Coinciding with the Cityscape exhibition, the announcement reinforces Bahrain's commitment to fostering a dynamic local and regional real estate market known for innovation and sustainable value creation. His Excellency Shaikh Hisham bin Abdulrahman Al Khalifa, Undersecretary for Nationality, Passport, and Residency Affairs, emphasized the significance of this change. He remarked that lowering the investment requirement reflects Bahrain's dedication to creating a conducive environment for global investors.

The adjustments to the Golden Residency Program enhance its competitiveness while preserving its exclusivity, ensuring it continues to attract foreign financial input and contributions to the local economy. Under the revised framework, Golden Residency is available to property owners and individuals who have worked in Bahrain for at least five years, provided they earn an average monthly salary exceeding BHD 2,000 (approximately $5,306 USD). This initiative also extends to retirees who have spent a minimum of 15 years in the country, drawing a monthly pension of at least BHD 2,000, as well as non-resident retirees whose pensions exceed BHD 4,000 (about $10,624 USD).

Furthermore, the Golden Residency is available to talented individuals including entrepreneurs, highly skilled professionals, and those who have made noteworthy contributions to the national economy or society. Holders of the Golden Residency enjoy numerous advantages, such as a long-term residence permit, ease of starting businesses, multiple entry rights, and the ability to sponsor family members.

This revised investment threshold not only strengthens Bahrain’s status as one of the most open and attractive destinations for investors in the region but also fortifies its reputation as a welcoming environment for affluent individuals and corporate entities seeking a high quality of life. Interested parties can find more information about the Golden Residency Program, including eligibility criteria and advantages, at www.goldenresidency.gov.bh.

Ultimately, Bahrain’s strategic reduction in minimum investment illustrates its ambition to invite a diverse population of investors and professionals, paving the way for a robust economic future bolstered by an inclusive, dynamic society.