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MENA Legal | The UAE retirement scheme is finally enforced!

As announced in our previous newsletter, the UAE has now launched its long-anticipated 'retirement visa' scheme.  


Who can apply?

Expats over the age of fifty-five years.

What are the requirements:

  • An investment in a property worth Dh 2 million, or
  • Financial savings of no less than Dh 1 million, or
  • A regular income of no less than Dh 20,000 per month

How long is the visa valid?

The visa will be valid for a period of five years, with the possibility of renewal.

For more information on this visa type please contact us! MENA LEGAL will be delighted to support you with this process.

 

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