Living in the UAE has many benefits that very few have the privilege of experiencing. From year-round sunshine to extreme safety, family-friendly parks and entertainment areas and of course, the most luxurious shopping malls and five-star hotels a person can dream of. The main reason, however, that so many decide to immigrate to the UAE every year is for access to a tax-free salary and therefore, a better lifestyle.
One of life’s most significant milestones is retirement. From September 2020, the Government of Dubai announced the new Dubai Retirement Visa, which will now allow those who wish to enjoy their retirement in the UAE, to stay for as long as they want. This is brilliant news and another reason that the UAE is fast becoming the best place in the world to work and live.
To access this exclusive visa, there are a few requirements for those eligible to apply, varying from a minimum bank account deposit, property portfolio and/or monthly cash flow.
A question that may be on the mind of any father, mother, wife or husband will be whether you can sponsor your family on the new Dubai Retirement Visa, and the answer is: Yes, you can!
As always, our team at Creation Business Consultants are eager to help you make your retirement dream come true! We have gone ahead and answered the most-asked questions so that you too can call the UAE your new retirement home. Here are the costs, minimum requirements and how to apply.