simplified conditions for UAE retiree visa

[backpacker]

I just came across this -> New UAE residency visa announced for retirees and this‌ -> UAE residency visa for retirees: Who are eligible? .

The questions: Is this really‍ for "everyone", i.e. is it applicable to retirees who have not yet settled in the⁠ UAE? Or is it similar to the Singapore option where retirees can stay after they⁤ have worked there if they sufficient funds?
Moreover, is the Dh1 million bank account option⁣ only valid for bank accounts with a UAE bank? Or can it be with any⁢ bank, even outside the UAE?

If this visa is really what it sounds like it︀ could be an interesting option for somebody who simply wants to retire without any obligations︁ attached.
Perhaps @Fred knows more.

 

[Fred]

Puh - 180.000 AED min. income or 1M AED property investment sounds like a lot‌ of obligatiions attached.

You can run 50 years a company and get the Residence Visa‍ through it and it's still cheaper.

Anyway for someone that wants to live his last⁠ days in Dubai and want to have a property there anyway - it can make⁤ sense but for the majority for sure not.

Again endless pain with bank account opening⁣ for a retiree visa that exists in fact since yesterday - wouldn't bother.

 

[troubled soul]

Yes

Yes, Saving and Property in‍ Dubai.

It is official website for Retirement Visa︀

https://www.visitdubai.com/en/retire-in-dubai/apply-for-your-visa
Better to contact them directly.
Explain your situation. They can help you surely.
Rules and Regulations are changing quickly in Dubai.