
Wealthy Europeans Are Moving to Dubai: 5 Compelling Reasons Why
Mirsatori’s team examines the reasons behind the rush of European HNWIs to Dubai, from low taxes, safety, business opportunities, and more.
The UAE Retirement Visa is a renewable 5-year residence permit for retirees seeking to live in the UAE long term. Eligibility typically requires one of the following: ownership of property valued at least AED 1,000,000, savings of at least AED 1,000,000, or a monthly income of AED 20,000 (AED 15,000 in Dubai). Applicants must provide supporting documentation and maintain the qualifying criteria to renew.
To qualify for the UAE Retirement Visa, applicants must meet the following requirements:
Applicants must either have worked for at least 15 years inside or outside the UAE, or be 55 years old or more at the time of retirement, and must satisfy at least one of the following conditions:
Provide documentary evidence per chosen route:
UAE Retirement Visa holders do not have a standardized path to citizenship. Citizenship can only be granted at the discretion of UAE authorities under the Nationality Act, and the criteria for such discretionary grants are not quantitatively defined.
Browse 195 countries’ paths to citizenship in the hyper-detailed IMI Citizenship Catalog.
The qualifying pathway and corresponding authority determine your application process. In Dubai, savings-based applications are processed by the General Directorate of Residency and Foreigners Affairs (GDRFA), while property-based applications are processed by the Dubai Land Department (DLD).
Legislation upon which this program is based: Federal Decree-Law No. 29/2021 on Foreigners’ Entry and Residency.
As noted in the program qualifications above, an investor can qualify for this program with a local property purchase above the minimum investment threshold. View eligible properties curated by IMI and our real estate partners:

Mirsatori’s team examines the reasons behind the rush of European HNWIs to Dubai, from low taxes, safety, business opportunities, and more.

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See more statistics on this program and others in the IMI Data Center.