This programme was initiated on Wednesday by His Highness Shiekh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the U.A.E and Ruler of Dubai so that all retirees around the world can apply for the retirement visa in Dubai.
This new programme is the first of it’s kind and is the collaboration between Dubai Tourism and General Administration of Residency and Foreign Affairs. People can now register under the Retirement Visa Programme to avail this new visa.
Any one above the age of 55, can (apply – click here to head to the website)for this programme and this visa can be renewed every 5 years. There is a certain criteria that retiree/resident has to meet, they are as follows:
A. Earning a monthly income of AED 20,000(could earn from pensions or investments
B. Having savings of AED 1 Million
C. Owning a property in Dubai worth AED 2 Million
For any relocation related assistance such as visa, immigration, home search, and orientation services in the Middle East, please contact our team on http://helpxpat.com