Retirement visa in UAE


Would you like to live your retirement life in Dubai?

Planning for a secured live in a well developed city. The individuals round the world trying to possess a definite retirement life can now start their new chapters in Dubai. Residents or any foreigner aged higher than fifty five years can apply for a five-year retirement visa on, it had been declared on Wednesday.

The retired person needs to have a monthly financial income of Dirhams 20,000 from investments or pensions; or Dh1 million in savings; or real estate property in Dubai for the value of Dirhams 2 million.

The region's first-of-its-kind scheme was launched by Dubai Tourism and the General Directorate of Residency and Foreigners Affairs (GDRFA) as per directives issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.

To ensure a competitive offering, Dubai tourism has worked with its partners to develop key propositions for retirees covering health care, real estate, insurance and banking," the Government of Dubai Media Office said. 

"In its initial phase, the programme will concentrate on UAE residents working in Dubai who have reached retirement age. The programme offers long-term residents of the city who are familiar with Dubai's value proposition an easy and hassle-free retirement option. Dubai's close proximity with the native countries of a large majority of residents makes it a convenient retirement destination for them.
Retirement visa in UAE Retirement visa in UAE Reviewed by Zainul on 23:34 Rating: 5

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