How to Apply for the UAE Residency Visa for Retired Expats: What are the Requirements? |

A New UAE Residency Visa Has Been Approved for Retired Expats

Want to spend your golden years in the UAE? These are the eligibility requirements to apply for the new UAE retirement residency visa

Posted on

10 November 2021

Last updated on 11 November 2021
UAE government approves new residency visa for retired expats

Find out the conditions for the UAE visa for retired expats below.

A new residency visa has been approved during a UAE Cabinet meeting held on Tuesday November 9 at Expo 2020 Dubai.

The meeting was chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai.

"Today, we also approved the conditions for granting residency to a retired foreigner, where retirees can complete their stay with us in the UAE" reads the official tweet by H.H Sheikh Mohammed.

"We welcome everyone to our country," the caption added.

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The move will help support the UAE’s efforts to achieve flexibility in terms of residency laws and visa requirements.

What are the criteria for the UAE residency visa for retired expats?

According to the Dubai Media Office, if a retiree fulfils at least one the following criteria, then he or she will be eligible for the new UAE retirement residency visa.

Requirements to apply for a UAE retirement
  • The retiree must own a single or more than on property in the UAE that is worth at least AED 1 million. A property evaluation must be carried out by the related entity in each Emirate.
  • A bank deposit of at least AED 1 million.
  • An active annual income of at least AED 180,000.