Dubai launches five-year retirement visa

Supplied

A five-year retirement visa programme has been launched by the Dubai government.

It comes following the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

The scheme called 'Retire in Dubai’ is open to resident expatriates as well as foreigners aged 55 and above.

Applicants must either earn a monthly income of AED 20,000, have cash savings of AED 1 million or own property in Dubai worth AED 2 million.

The programme has been launched by the Department of Tourism and Commerce Marketing (Dubai Tourism) in partnership with the General Directorate of Residency and Foreigners Affairs (GDRFA-Dubai). 

The visa is renewable every five years and its initial phase will focus on UAE residents working in Dubai who have reached retirement age.

Details of the application process are available on www.retireindubai.com.

More from UAE

On Virgin Radio today

  • Non Stop Hits

    1:00am - 8:00am

    The UAE's #1 Hit Music Station with no interruptions

  • The Weekend Breakfast

    8:00am - 11:00am

    Playing 10 hits in a row every hour, all weekend!

Trending on Virgin Radio

  • If Craig David had a verse on Azizam

    The legendary Craig David joins The Kris Fade Show for an unforgettable chat!

  • Untold Dubai

    It arrived: The UAE's First Mega Music Festival at Expo City Dubai!

  • ARN News Centre

    Get the latest UAE and world news from our award winning team of journalists. The ARN News Centre is the country's most trusted source of information.

  • The Kris Fade Show Podcast

    Not in the car so much while Kris, Priti and Rossi are on air? Check out the daily podcast here...