Long Term Visa For Retired Expats

The UAE Cabinet approved a new law on Sunday that would allow expatriate retirees over the age of 55 to secure a five year retirement visa, if specific conditions are met. The new law will come in effect in 2019.

The #UAE Cabinet approved a law to provide special residency-visa privileges for expats retirees over the age of fifty-five years for a period of five years, with the possibility of renewal, according to specific conditions.

— Dubai Media Office (@DXBMediaOffice) September 16, 2018

To apply for this new long-term retirement visa, applicants should have an investment in a property worth Dhs 2 million, or have financial savings of at least of Dhs 1 million, or should have an active income of at least Dhs 20,000 per month. The visa issued will be automatically renewed as long as these conditions are met.  

In effect as of 2019, the law outlines requirements to qualify for the long-term visa such as having an investment in a property worth AED2 million, or financial savings of no less than AED1 million, or having an active income of no less than AED20,000 per month. #UAE

— Dubai Media Office (@DXBMediaOffice) September 16, 2018

Details were set out following a meeting of the UAE Cabinet chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.