The Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, has granted visa privileges to persons over the age of 55, which allow long-term residency in the state.
The new facilities are aimed at providing long-term residency options and the right environment for retirees wishing to reside in the state for prosperity and investment through a stable and high-quality financial and healthy system.
The Law stipulates special residency privileges for 5 years automatically renewed for the retired ex-pats of the age of fifty-five and above according to specific conditions, including that the retiree must have an investment in a property worth two million dirhams, the financial savings be not less than the one million dirhams or proof of income not less than 20 thousand dirhams per month, to be implemented at the beginning of 2019
Latest Posts
UAE Participates in the Meeting of GCC Directors General of Passports
ICP Organises “Authority Generations” Initiative for Employees’ Children to Strengthen Social Cohesion
ICP Organises Workshop to Familiarise Inspectors with Drug Smuggling Methods
Identity and Foreigners Affairs – Sharjah Wins Best Volunteer Team Award at the 23rd Sharjah Award for Voluntary Work
ICP Director General Reviews Operations at Identity and Foreigners Affairs – Abu Dhabi
