The UAE has launched a five-year residency visa tailored for retirees aged 55 and above from abroad, offering them the chance to enjoy a long-term stay in the country. This initiative reflects the UAE’s dedication to providing expats with opportunities for a comfortable and secure retirement.
Eligibility Criteria
To qualify for the five-year retirement visa, applicants must meet at least one of the following financial requirements:
- Property Ownership: Own property in the UAE worth at least AED 1 million.
- Savings: Have financial savings of AED 1 million or more.
- Monthly Income: A monthly income of Dh20,000, with Dubai allowing a lower threshold of Dh15,000.
Application Process
Retirees can apply for this visa through the Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP) via its official website or the UAEICP smart app. Here’s how the process works:
- Log In: Use the UAE Pass to access the system.
- Select Services: Navigate to the “UAE ID and residency services” section.
- Update Information: Ensure your personal details are accurate and up-to-date.
- Payment: Complete the necessary fee payment.
- Receive ID: Request and obtain your Emirates ID through approved delivery channels.
The visa is renewable for another five years, provided all eligibility conditions are still met.
Why Choose the UAE for Retirement?
The UAE’s retirement visa is part of a broader effort to make the country a destination for people at all stages of life. For retirees, it offers a secure environment, a high standard of living, and access to world-class amenities. Additionally, it aligns with the UAE’s strategy to attract and retain foreign talent throughout their careers.
For more information or to start the application process, visit the ICP website or use the UAEICP smart app.
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