The UAE cabinet has approved an amendment to the conditions for issuing residence visas to retired foreigners.
According to the information received from Dubai, three conditions have been laid down for the residence visa of retired foreigners, according to which their income should be at least one hundred and eighty thousand dirhams per annum whereas if the retired foreigners have one million dirhams in their account, they can get a resident visa.
In addition, if they have property worth 1 million dirhams, they will be able to get a residence visa.