Dubai Retirement Visa for 5 Years. What are the requirements and fees?
To qualify for a 5-year Dubai retirement visa, you must meet one of the following financial conditions:
- Value of the property:
- Owning one or more properties in Dubai with a total value of at least AED 1 million (approximately $272,000).
- Savings:
- Having savings worth at least AED 1 million (about $272,000) in a bank account in the UAE.
- Monthly income:
- Have a steady monthly income of at least AED 20,000 (about $5,500) from a pension, investments or other sources.
Document preparation:
- Passport: A copy of a valid passport.
- Photos: Passport photos in accordance with the requirements.
- Evidence of meeting financial requirements: Evidence of property value, savings or income (e.g., property deeds, bank statements, income certificates).
Application Fees:
- Application Fee: Fees can vary, but are usually around AED 3,700 (about US$1,000), which includes the cost of processing the application, issuing the visa and other administrative fees.