Source: خلیج تایمز

UAE introduces 5-year residency visa for retirees over 55

The UAE has announced a 5-year renewable residency visa for expatriates aged 55 and above. Applicants must meet criteria such as 15 years of work experience, owning property worth Dh1 million, having Dh1 million in savings, or earning a monthly income of Dh20,000 (or Dh15,000 in Dubai). Dubai offers a specialized program with financial options tailored for retirees and their families, including combinations of fixed deposits and property investments. These initiatives aim to provide retirees with security and flexibility, enabling them to enjoy their post-retirement years in the UAE.

2024-12-21 06:24:58

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UAE introduces 5-year residency visa for retirees over 55

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