Dubai Retirement Visa: Comprehensive Guide

Last Updated on July 10, 2024 by Vadim

Overview

  • 5-year renewable visa for retirees
  • Minimum age: 55 years
  • Allows multiple entry to UAE
  • No minimum stay requirement

Financial Criteria (One of the following)

  1. Income: AED180,000/year (US$49,000) or AED15,000/month (US$4,100)
  2. Savings: AED1 million (US$275,000) in 3-year fixed deposit
  3. Property: AED1 million in unmortgaged property or mortgaged property with AED1 million paid
  4. Combination: AED500,000 in savings + AED500,000 in property (Total AED1 million)

Eligibility

  • Must be retired
  • Proof of retirement/end of service required

Application Process

  • Duration: Up to 15 working days after submission
  • Cost: AED3,714.75 (US$1,011) per applicant and dependent
  • Covers: Entry permit, visa adjustment, residency stamping, Emirates ID, medical exam, management fees
  • Health insurance mandatory (additional cost)

Sponsorship Options

  • Spouse and children (no limit)
  • Parents (1-year renewable visa)
  • All sponsored family members need valid UAE health insurance

Key Benefits

  • Residency status in UAE
  • Unrestricted travel in/out of UAE
  • No minimum stay requirement

Health Insurance Considerations

  • Consult insurance provider for specific coverage details

Important Notes

  • Housewives don’t qualify as primary applicants but can be dependents
  • Regular renewals required (every 5 years)
  • Financial criteria must be maintained for renewals

This comprehensive guide outlines the key aspects of Dubai’s retirement visa program, providing potential applicants with essential information on eligibility, costs, and benefits.

Further Reading

Navigating the visa process in the UAE can be complex, but having the right information at your fingertips can make a world of difference.

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