;

© 2024, design with by 7awi Media Group

Conditions for UAE Retirement Visa

  • Publish date: Tuesday، 09 November 2021
Conditions for UAE Retirement Visa

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said: "We welcome everyone to our country". UAE has clarified the conditions for a visa for retired expats during the UAE Cabinet meeting on Tuesday.

You need to fall under these criteria’s to gain "retired residency"

  • single or multiple properties worth AED1 million (evaluation to be carried out by the related entity in each Emirate),
  • a bank deposit of no less than AED1 million, or an active income of no less than AED180,000 per annum.

Read More: Golden Visas to be Granted to Eligible Frontline Workers

Read More: India Grand Mufti Receives UAE Golden Visa

Read More: UAE Passport Strongest in the World Again

Sheikh Mohammed also shared how the Cabinet has approved a proposal from the Ministry of Interior to start testing self-driving cars on the roads of the UAE.

"The UAE will be the first country in the Middle East and the second globally to test self-driving cars on its streets. Our goal is to make this type of vehicle safer and more reliable," Sheikh Mohammed wrote on Twitter. 

"We are awaiting the MoI report, in coordination with the Artificial Intelligence Office, to review the results of testing self-driving cars and take an appropriate decision accordingly."

Follow us on our Whatsapp channel for latest news
 

Related videos

Related articles