Dubai: The ultimate in luxury, the world’s ultimate destination, Dubai now beckons the best to retire in a class of their own. The government of Dubai, under the order of the Ruler of Dubai Sheikh Mohammed bin Rashid al-Maktoum has announced a scheme under which they will give a retirement visa to anyone above 55 years earning AED 20K(USD 5,500), having savings above AED 1 Million (USD 2,75,000), or owning a property in Dubai worth AED 2 Million (USD 5,50,000).
As per Al Arabiya, the offer is open to UAE residents working in Dubai who have reached retirement age.
“The Retire 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, to further enhance Dubai’s position as an iconic global city and make it the world’s most preferred lifestyle destination. Dubai’s Retirement Readiness strategy will enable expatriates and international retirees to take advantage of the city’s open-door policy, tolerance, and outstanding quality of life and live in one of the world’s fastest-growing, culturally diverse cities,” Helal Saeed Almarri, Director General of Dubai Tourism, said in a statement on the Emirates News Agency (WAM).
