In September 2018, the UAE Cabinet approved a law to provide retired residents over the age of 55 a long-term visa for a period of 5 years. The visa may be renewed if the eligibility criteria is met.

For a retiree to be eligible for a 5-year renewable retirement visa, he must fulfill one of the following criteria:

• invest in a property worth AED 2 million 
• have financial savings of no less than AED 1 million
• have an active income of no less than AED 20,000 per month.

The visa is valid for 5 years with the possibility of renewing it if they meet the eligibility criteria.

Learn about the retirement programme in Dubai and how to apply for a visa.