The Open Network (TON) Foundation clarified details about its 10-year "Golden Visa" program for certain Toncoin stakers, stating that the initiative is still in its infancy and has not yet been launched in collaboration with the United Arab Emirates (UAE) government.
"To clarify, no official Golden Visa program has launched in partnership with the government of the United Arab Emirates, nor has any governmental endorsement been granted to TON. This collaboration is in the early stages of development. It reflects a broader effort to explore how compliant, blockchain-based frameworks might eventually support real-world access to residency pathways."
— TON Foundation
On July 6, the TON Foundation, the independent organization overseeing the Telegram-focused blockchain network TON, announced the UAE Golden Visa program for investors who stake $100,000 in Toncoin (TON) for three years and pay a $35,000 processing fee for a 10-year visa to the UAE.
Peravel, a crypto-native travel firm and the program's partner, said at the time that UAE officials retain final approval over all visa applications. The UAE government also noted that digital currency investments are subject to separate rules and do not qualify for Golden Visa eligibility.