Retirement visa is granted to people 55 years of age and older, and it has a 5-year validity period for individuals who want to live in Dubai after retirement.
This Visa may be automatically renewed after the first 5-year period is over, given that the retiree continues to meet the set criteria:
- Own one or multiple properties with a total value of least 1 million AED
- Applicant age must be min. 55 years old
- Title deed jointly between partners is acceptable (applicant share should be minimum1 million).
- The applicant’s name in the title deed must be matching with the name in the passport.
Retirement visa holders can sponsor their dependents (boys & girls) for the same duration as the sponsor’s visa validity as long as they’re not married.
Applicant needs to acquire the following documents to apply for the long-term residency Visa once you are in the UAE:
- When a title deed is issued for property in Dubai, the property value stated in the title deed must be at least 1 million AED (other emirates & DIFCA are not accepted)
- Very clear passport copy (passport valid for more than 6 months).
- Old Emirates ID (If applicable).
- A high-quality applicant digital photo that matches the ICP specifications
- Applicants from the following countries Must Bring their National ID (IRAN – PAKISTAN – IRAQ – LIBYA – AFGHANISTAN).
- Health insurance (from any insurance company in UAE).
Official Source: DLD Cube
Contact us at Happy Estate to get the best property offerings to get a Retirement Visa.