WATCH THE VIDEO HERE The United Arab Emirates (UAE) has announced new regulations allowing expatriate retirees aged 55 and above to apply for a 5-year residency visa. The move is part of the government’s effort to provide greater flexibility for retirees who wish to live in the country after their working years. According to Gulf News, the Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP) introduced the new residency and ID card regulations for retirees. The new visa will allow retirees to stay in the UAE for five years and can be renewed if the applicant continues to meet the specified requirements. To qualify for the 5-year residency visa, expatriates must meet several criteria. Firstly, applicants must have worked for at least 15 years, either inside or outside the UAE. Additionally, applicants must fulfil one of the following financial conditions: Furthermore, applicants must provide a bank statement from the last six months to verify their financial status. The residency visa will be valid for five years and is renewable if the individual continues to meet the necessary conditions. According to reports, the ICP has outlined a clear process for applying for a residency visa and UAE ID card for retirees. In addition to the federal regulations, Dubai has introduced its own set of regulations designed specifically to attract retirees. The Dubai program allows foreign nationals, their spouses, and dependents to apply for a renewable 5-year residency visa, provided certain financial conditions are met. The applicant must be at least 55 years old and meet one of the following financial criteria: These options aim to offer retirees flexibility in meeting the financial requirements for long-term residency in Dubai. Reports inform that the introduction of these residency visas is part of the UAE’s ongoing effort to create a more welcoming environment for expatriates.
The United Arab Emirates introduces 5-year residency visa for retired residents over 55
