6 conditions for obtaining a retirement visa in the UAE and obtaining a residence visa for a foreign worker

Abdallah Shahin - | Business

The Federal Authority for Identity and Citizenship has set six requirements for obtaining a residence visa for foreign retirees in the country, with a duration of five years.

The authority explained that the service that can be applied to through its smart application enables the foreign retiree to issue a residence visa for his family members, explaining a set of terms and conditions when applying for this visa, including that the application can be submitted to family members, even if their residence is effective and not expired, and in If the application is approved, and the residence of the family member is effective and has not expired, the status of the application will be changed to “Waiting for residence cancellation - visa”, and a notification will be sent to the customer to cancel the residence or visa of the family member.

After canceling the visa or residence for the family member, the status of the application will be determined automatically, and sent for verification.

She cautioned that the application will be canceled electronically after 30 days, in the event that the application is returned due to deficiencies in the data or failure to complete the required documents, noting that the entire application fee that is collected may be non-refundable in the event the application is rejected, calling on individuals to review the receipt The application, to know the fees refunded in case the application is rejected.

Six requirements for obtaining a residence visa for foreign retirees in the country, for a period of five years, which is proof of a financial deposit of not less than one million dirhams or its equivalent in foreign currencies, and a pledge to transfer the financial deposit or investment in the value of the deposit within the country, and an account statement for another six months, which includes proof Annual income of at least 180,000 dirhams or its equivalent in foreign currencies, a certificate of at least 15 years of experience, a color photograph, and a passport copy.

In a related context, the “Retirement in Dubai” visa program allows obtaining a residence permit for five years, subject to renewal, and it targets retirees who are at least 55 years old, who meet one of the following financial options: Having a monthly income of 20,000 dirhams, a pension or from Previous place of work, savings of one million dirhams in a fixed deposit for a period of three years, investment in a non-mortgaged property of two million dirhams, or a fixed deposit of no less than two million dirhams for a period of three years, and a real estate that is not mortgaged.

About Author

Abdallah Shahin
Abdallah Shahin
772 Total posts


Read Also

Business
Canada announces lucrative job opportunities that do not require a certificate

Canada announced that there are many good jobs that can be accessed without a university degree, and these are some of them:

Business
Urgent UAE: Categories excluded from the provisions of the “New Pensions Law”

The General Pensions and Social Security Authority stated that Decree Law No. (57) of 2023 applies to citizens entering the workforce for the first time starting from October 31, 2023, with any employer in the federal government or local...

Business
Urgent UAE: The employer will be fined from 50 thousand dirhams to 200 thousand dirhams in this case

The Ministry of Human Resources and Emiratisation has cautioned private sector businesses and employers not to hire persons without valid work permits from the Ministry, even for trial employment, whether in businesses or as support staff.

Business
Abu Dhabi: Ruling that a female employee is entitled to compensation amounting to 120 thousand dirhams

The Abu Dhabi Family, Civil and Administrative Claims Court mandated a corporation to pay an employee 120,000 dirhams for breaching an employment contract where she was supposed to work for a salary of 37,000 dirhams. After the company requested...

UAE 5 foreigners sentenced to death