Conditions for UAE Retirement Visa
- Publish date: Thursday، 22 December 2022
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His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said: "We welcome everyone to our country". UAE has clarified the conditions for a visa for retired expats during the UAE Cabinet meeting on Tuesday.
You need to fall under these criteria’s to gain "retired residency"
- single or multiple properties worth AED1 million (evaluation to be carried out by the related entity in each Emirate),
- a bank deposit of no less than AED1 million, or an active income of no less than AED180,000 per annum.
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Sheikh Mohammed also shared how the Cabinet has approved a proposal from the Ministry of Interior to start testing self-driving cars on the roads of the UAE.
كما اعتمدنا اليوم شروط منح الإقامة للأجنبي المتقاعد. حيث يمكن للمتقاعدين إكمال إقامتهم معنا في دولة الإمارات . . نرحب بالجميع في بلدنا.. pic.twitter.com/wVbnqStoSc
— HH Sheikh Mohammed (@HHShkMohd) November 9, 2021
"The UAE will be the first country in the Middle East and the second globally to test self-driving cars on its streets. Our goal is to make this type of vehicle safer and more reliable," Sheikh Mohammed wrote on Twitter.
"We are awaiting the MoI report, in coordination with the Artificial Intelligence Office, to review the results of testing self-driving cars and take an appropriate decision accordingly."
This article was previously published on UAE Moments.To see the original article, click here