Can You Retire in the UAE Without Being a Current Resident?
Raine & Horne Dubai
We deliver expert real estate and property services, helping our clients make informed decisions in Dubai.
The UAE Retirement Visa is a 5-year renewable residence visa for expatriates aged 55 and above, allowing them to retire and settle in the UAE. This visa grants retirees the flexibility to enter and exit the UAE at their discretion throughout its validity period.
To be eligible for the UAE Retirement Visa, applicants must meet one of the following financial criteria:
1. Own property in the UAE worth at least AED 1 million
2. Have savings of at least AED 1 million in a UAE-based bank
3. Have a monthly income of at least AED 20,000 (approximately AED 240,000 annually)
4. Demonstrate a combination of property and savings worth AED 2 million
In addition to the financial requirements, applicants must:
- Be at least 55 years old
- Provide valid health insurance for themselves and their dependents
- Hold a passport with at least six months of validity
The applicatiort with at least six months of validity
The application process involves submitting necessary documents, completing an online form, and paying the required fees, which typically range between AED 1,000 and AED 2,000. Applicants may also need to undergo a mandatory medical examination.
领英推荐
Benefits of retiring in the UAE include:
1. Tax-free income, as the UAE does not impose personal income tax
2. Access to world-class healthcare facilities
3. High levels of safety and securityn process involves submitting necessary documents, completing an online form, and paying the required fees, which typically range between AED 1,000 and AED 2,000. Applicants may also need to undergo a mandatory medical examination.
Benefits of retiring in the UAE include:
1. Tax-free income, as the UAE does not impose personal income tax
2. Access to world-class healthcare facilities
3. High levels of safety and security
Ready to enjoy a tax-free retirement in the UAE? Contact us today to get started on your journey!
+971 4 366 3200 | [email protected]