UAE approves law granting residency to retired property investors

UAE approves law granting residency to retired property investors

• If you own a property valued about 2m AED

• If you have a financial savings of no less than 1m AED

• Having an income of no less than AED 20k per month

• When you reach the retirement age between 60 and 65

• Special residency visa is valid for five years with the possibility of renewal

• This will be in effect as of 2019

Know more about the new law.

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