The Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP) has introduced a new regulation allowing retired residents to enjoy long-term residency in the UAE.
Eligibility Criteria for Retired Residents
Expatriate retirees with at least 15 years of work experience, inside or outside the UAE, can apply for this 5-year residency visa. Applicants must meet one of these financial criteria:
- Own property worth at least Dh1 million
- Have savings of Dh1 million
- Earn a monthly income of at least Dh20,000 (or Dh15,000 in Dubai)
A bank statement from the last six months is also required. The visa is renewable if financial requirements remain fulfilled.
Simple Application Process
Applicants can easily apply through the UAEICP smart app or official website. Using UAE Pass, they can update details, pay fees, and receive their residency and ID cards through approved delivery services.
Dubai’s Special Provisions for Retirees
Dubai offers additional flexibility, allowing retirees to qualify with a monthly income of Dh15,000 or investments in property or savings worth Dh1 million. These measures aim to make the UAE an attractive destination for retirees worldwide.
