The government of Dubai lately announced the retire launch in Dubai, the global retirement, which will allow the person whose age is higher than 55 years to enjoy the fabulous lifestyle in Dubai. Dubai retirement visa will give you the chance to enjoy your retirement life in Dubai. This scheme is the first scheme in Dubai, which will provide great services for retired people. From this scheme, Dubai is becoming the preferred retire destination. They will also provide you with a great lifestyle with a great scheme.
For the great scheme, Dubai travel is working on factors that can help the retired people such as banking, healthcare, and real estate. They will make sure that the retired people live their happy and enjoyable life in Dubai. All the necessary information to lead a great life for the retired is available on the website of the Dubai government. They are working on this plan with the Dubai travel and Dubai commerce system.
Necessary factors for the Dubai retirement visa:–
Every person in this world who is retired can apply for this visa. After some inspection, they will permit you for the visa. Eligible applicants who are retired will be provided with the Dubai retirement visa by the Dubai government. This visa is also renewable, and you can renew this visa after every five years. The government of Dubai will also provide you with a great chance of having to fulfill life.
For the Dubai retirement visa, they have to fill the application, which will permit you. In this application, the retired people have to choose the financial eligibility option. You can choose between the person who has the monthly income of Dhs 20,000, the person who has the savings of Dhs 1 million, and the person who owns the property in Dubai, which costs around Dhs 2 million. When you choose the financial eligibility option, then they will permit you for a retirement visa.
Eligibility Criteria:
- Applicant must be at least 55 years age.
- Applicant must hold Dubai health insurance*
- Applicant must have wealth as per below options, any one:
- Option 1: USD 5,500 (approx. AED 20,000) Monthly Income
- Option 2: USD 275,000 (approx. AED 1 million) savings in Dubai bank account.
- Option 3: USD 550,000 (approx. AED 2 million) property registered in Dubai.
- Option 4: A combination of Options 2 and 3 valued at least USD 550,000 (approx. AED 2 million)
If you meet above criteria 5 years visa will be granted and same can be renewed automatically online as long as the retiree maintain wealth mention above.
The initial phase of the Dubai retirement visa:–
When the government of Dubai announces this scheme, they say that at the initial stage of this scheme, they will focus on the retired people who live in Dubai. They will provide the retired people in Dubai with a great lifestyle. They will also give them some benefits in the country. This program will also offer the retired people who live in Dubai the long retirement scheme. The people who know the Dubai lifestyle for a long time becomes the first preference for this visa.
The strategy behind this program:–
When the government share the strategy behind this program. They said that they want to develop UAE country for the best lifestyle destination for the retired people around the Globe. They are also going to take care of your perfect lifestyle with great opportunities for the retired people where they can explore part time work options too. Dubai retirement visa is becoming the most popular visa with wealthy retired people, who wants to invest and relax. Dubai is becoming the most preferred country for a great lifestyle.