The Tax Appeal of Bahrain for Immigrants

Bahrain, a wealthy Middle Eastern country, introduced its Golden Residency Visa program in early 2022. Applicants can qualify for a 10-year residency visa by meeting any one of the following three criteria:

1. Retirees with a monthly income of no less than 4,000 Bahraini Dinars (BHD), equivalent to approximately 70,000 RMB.
2. Ownership of property in Bahrain valued at over 200,000 BHD, equivalent to roughly 3.6 million RMB.
3. Exceptional skills or talents in fields such as academia, entrepreneurship, science, or sports.

But does Bahrain offer tax advantages for high-net-worth individuals (HNWIs)? Let’s take a closer look: