It’s time to grab the opportunity. The comprehensive details of required documents for those who want to obtain the five-year resident visa in the United Arab Emirates after their retirement age is unveiled. The lucky expatriates who are at the age of retirement now can fulfil the requirement and get the five-year residence visa in the United Arab Emirates (“Retired expatriates can obtain five-year residence visa in UAE,” June 2, Gulf Today website).
According to the report, the UAE Digital Government (UAE DGov) called on retired expatriates to apply for a 5-year residence visa in the UAE, according to the criteria required for obtaining this type of visa. The UAE DGov stressed that a resident over the age of 55 can apply for a 5-year residence visa to live in the UAE, noting that this type of visa is renewable after meeting the same requirements.
To be eligible to obtain this type of visa, a retired expatriate must fulfil either of the below requirements: his service before retirement must be no less than 15 years inside or outside the UAE, he must be no less than 55 years old, he must own a real estate or more worth no less than Dhs1 million, he must have financial savings of Dhs1 million or must get a monthly income of Dhs20,000 (Dhs15,000 in Dubai) and must submit a bank statement for the past six months, the UAE DGov said.
People who spent a major part of their life, worked in private companies, established businesses in the United Arab Emirates, now can enjoy five years more in the country after the age retirement obtaining residence in the United Arab Emirates which is really good news for millions of people who consider the United Arab Emirates their second home country.
Eram Ahsan,
By email