Under the directions of Mohammed bin Rashid
"Retirement in Dubai" .. A program that gives retirees a visa, renewable every 5 years
Dubai strengthens its position as a preferred global destination for visiting and decent living.
From the source
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Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the Department of Tourism and Commerce Marketing in Dubai (Dubai Tourism) launched the "Dubai Retirement" program, aimed at all retirees, which is characterized by its global competitiveness, within the framework of Enhancing Dubai's position as a preferred destination for everyone to visit, as well as to live, including the retired category, whether residing in the country or about to retire around the world.
Retirement visa
According to the program, people who meet the criteria and requirements of this program will obtain a retirement visa that is renewable every five years, when one of the following requirements is met: To have a monthly income of 20 thousand dirhams (about $ 5,500) that he can earn from investments or pensions, or He owns in his account one million dirhams (about $ 275,000), or he has real estate in Dubai worth two million dirhams (about $ 550,000).
Unique program
This program is considered the first of its kind in the region for foreigners over the age of 55, as it provides residents of the country who have reached retirement age, as well as the elderly around the world, the opportunity to enjoy a unique lifestyle in Dubai, through a joint cooperation between the Department Tourism and commercial marketing in Dubai, and the General Administration of Residency and Foreigners Affairs in Dubai.
Dubai Tourism has worked within the framework of encouraging the benefit from the program with its partners, to develop key components to facilitate retirees making such an important decision in their lives within the sectors: health care, real estate, insurance, and banking. All these competitive offers will be made available to retirees, to help them. To fulfill their dreams and live with peace of mind.
A statement issued yesterday indicated that details of the retirement program in Dubai can be found on the website: www.retireindubai.com.
Residents first
In its first phase, the program targets residents in the country who have worked in Dubai for more than 10 years and have reached the age of retirement, and have become sufficiently aware of the nature of life in Dubai and its global orientation as a center of innovation, an incubator city for creativity, and a multicultural destination characterized by safety and security, and has a world-class infrastructure. They have an easy choice for retirement, as well as the distinguished geographical location of Dubai, as it is located in close proximity to most of the residents' countries, which makes their transportation and travel easy.
A global destination
The Director General of the Department of Tourism and Commerce Marketing in Dubai, Hilal Saeed Al-Marri, said: “The (Retirement in Dubai) program is based on the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, aimed at strengthening Dubai's position as a preferred global destination. To visit as well as residence and live in it ».
He added: “Dubai’s readiness strategy to receive retirees will pave the way for residents inside and outside the country to benefit from Dubai’s approach to openness to the world, and its constant endeavor to consolidate the values of coexistence and cooperation, and to provide a distinctive quality of life, which broadens the opportunities for choosing it as their destination to spend their most beautiful time in the post-retirement phase In one of the world's fastest growing and multicultural cities, as well as its keenness to allow everyone from different nationalities to be part of the fabric of its society.
The tourism sector
Al-Marri added: “The retirement program in Dubai, which enjoys continuous support from our partners, especially the General Administration of Residency and Foreigners Affairs in Dubai, will contribute to the growth of the tourism sector, through frequent visits to relatives and friends of retirees, and also an increase in the number of visits and trips from the markets from which retirees come. For residency in Dubai.
This will also have a wider resonance and impact by promoting Dubai as a preferred and safe destination for retirees, while highlighting the modern and distinctive lifestyle in the city, as well as its various life experiences and offers that suit everyone's aspirations.
A safe destination
For his part, the Director General of the General Administration of Residency and Foreigners Affairs in Dubai, Major General Mohammed Ahmed Al-Marri, affirmed that the retirement program in Dubai reflects the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to enhance the position of the Emirate of Dubai as a destination. Safe and stable on the global investment map, pointing out that Dubai ranked first in the Middle East and North Africa region and 11th globally in the top 20 global venture capital investments for 2020, which confirms the readiness of Dubai's investment environment and its success in providing opportunities New investments despite the challenges of the "Covid-19" pandemic.
Retired life
He added that this initiative comes within the efforts of the Dubai government, represented by the General Administration of Residency and Foreigners Affairs, and the Department of Tourism and Commerce Marketing, to enhance the emirate's position as a preferred destination for visiting and decent living, as well as facilitating the lives of retirees, which contributes to advancing economic development in the country, and consolidating its location and destination Global for many economic activities and business disciplines.
He said, "We are working closely with the Department of Tourism and Commerce Marketing to launch initiatives that are in harmony with what the country is targeting in terms of attracting investors from all over the world."
7 key factors that make Dubai the ideal destination for retirees
1- Unique lifestyle
Dubai includes more than 200 nationalities, and is a global destination that embodies various cultures, beliefs and values under the umbrella of tolerance and diversity.
Although Arabic is the official language, English is widely used due to a mixture of different nationalities.
Dubai Tourism has developed with its partners, major real estate developers, along with Emirates NBD, options to own properties that suit the unique modern lifestyle they desire, which cannot be available and easy for retirees as they are in Dubai.
2- Rest
Dubai provides residents with a comfortable and convenient lifestyle, as they can obtain many services and live in luxury at reasonable cost, within the scope of the quality of life they desire.
3- Recreation
Dubai is a distinct destination for lovers of the open air, sun, beaches and parks as well as lovers of shopping, and the way of life in it enables retirees to meet their requirements, whether it is for rest, relaxation or recreation.
As the culinary capital of the region, Dubai offers a range of experiences that cater to different tastes, cultures and budgets, and can choose from thousands of cafes, food carts and restaurants that reflect the global cuisine of more than 200 nationalities.
Dubai also offers a variety of international health resorts on the beach, in the city or in desert resorts, and provides many means to explore its history and heritage so that it is part of a creative community, as well as the opportunity to attend a large number of festivals and events.
4- An active and healthy society
Retirees need a healthy lifestyle, and that is why Dubai provides the opportunity to enjoy life in the open areas by strolling or walking along the sandy beaches, as well as relaxing in beautiful gardens, and practicing walking in several areas, most notably the Hatta region with its stunning natural setting The citywide active fitness movement led by the "Dubai Fitness Challenge" reflects the team spirit and a strong sense of community.
5- Strategic location and ease of communication
Dubai has an ideal geographic location between East and West, while the technologically and physically advanced infrastructure makes it easy to communicate with and visit friends and families.
Dubai International Airport is the world's largest airport for international travelers, and connects more than 240 destinations through 140 airlines.
Dubai World Central airport, which is the second airport in the city, is another way to connect destinations with each other, and there are many options that suit different budgets in light of the presence of two national airlines: Emirates Airlines and Fly Dubai. In addition to more than 100 other regular and budget airlines.
Dubai ranks as one of the best cities in the world in terms of connecting and networking with airlines, due to its ideal location as a gateway to the world, as almost any destination in Europe, Asia and Africa can be reached in less than eight hours.
6- Distinguished health care system
Dubai provides the best health care and high quality in a range of specialties, with the presence of the best health insurance service providers for local and international companies.
The Dubai government has strengthened the health care system in line with international guidelines and best practices to ensure that the city continues to be one of the safest destinations in the world as part of its tireless efforts to combat the emerging coronavirus (Covid-19) pandemic.
Dubai Tourism has also developed insurance packages at competitive prices with insurance companies to provide options suitable for retirees.
7- Inheritance management
The Wills Center in Dubai Financial has developed wills drafting, registration and documentation services to ensure that retirees can plan and protect their lives in accordance with specially prepared fees and available only to retirement visa holders.
The DIFC services ensure that retirees enjoy their life in Dubai while fully protecting their desires and affairs.
• The first program of its kind in the region, and affirms Dubai's position as a favorite destination for all, including retirees.
• Any resident or retired out of the country over the age of 55 can apply for a retirement visa.
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