The UAE, with its world-famous locations like Dubai, is a dreamland one would definitely want to visit. The lure of the place built into an epitome of a rich lifestyle tempts people all over the world to at least visit Dubai and experience it, if not to go ahead with living in Dubai.
Now, if living in Dubai at the age of retirement is your kind of taste, the UAE surely obliges, with the Dubai Retirement visa. You are welcome to experience the uber life of Dubai and spend the later years of your life in a grand fashion.
What is Dubai Retirement Visa?
The Dubai Retirement visa is meant for retired residents aged above 55 years, who are looking for a long-term residence visa to live in Dubai. This visa has a validity of 5 years and is renewable provided you meet the criteria for eligibility.
The visa holder must:
- make an investment in property via purchase worth AED 2 million
- have an active income of at least AED 20,000 per month coming from pensions or investments
- have a minimum financial savings of AED 1 million
Applying for a Dubai Retirement Visa
The method of applying for a Dubai Retirement Visa depends on where you are living.
In case you are living in Dubai right now on a work visa, you need to approach the GDRFA branch in Dubai.
Those who are living outside Dubai may require a Dubai entry visa, after getting which they will be able to apply for the Dubai Retirement Visa.
|If you are an Australian national, you don’t need to take any pre-entry visa to enter Dubai. Upon your arrival, you will be granted a 30-day visa.|
The GDRFA is in charge of the issuance of UAE visas. This is applicable to Dubai too.
What awaits you if you retire in Dubai
Living in Dubai isn’t so hard if you knew what to expect well enough. So, here we give you some guidance.
- Dubai has a very low crime rate and hence is a very safe place to live in.
- The healthcare standards in Dubai, even if they are private for expats, are among the best in the world.
- The cost of living in Dubai is pretty high. But if you can churn out over AED 3,000 per individual, you won’t have a problem staying in Dubai.
- There’s no dearth of expats in Dubai and hence the cultural diversity is uniquely rich in Dubai.
- English is widely spoken in Dubai and hence will not pose a problem to communicate.
- You know Dubai has a desert climate and air-conditioned places are more of a necessity if you can’t bear such climate much. Be extra careful if you are an elderly person with a heart condition.
- Be ready to accustom yourselves to the laws that may be stricter than you expect being from outside the UAE.
- The cultural differences between the middle-east and your part of the world could mean getting along with the cultural aspects of Dubai.
Are you interested in Dubai and are you planning your retirement there? Why now let us help you with the visa procedure and smoothly migrate to Dubai? We at Y-Axis, the World’s No.1 immigration & visa company, are glad to give you expert guidance and professional service. Click here to learn more.
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