So, you’re considering retiring in Dubai? Whether you’re looking for sun, sand, sea and tax-free living, or simply a change of pace, Dubai could be the perfect retirement destination for you.
In this guide, we’ll take a look at everything you need to know about retiring in Dubai, from obtaining a retirement visa to the costs of living and healthcare.
What are the requirements for a retirement visa in Dubai?
To retire in Dubai, you will need to obtain a retirement visa. The requirements for this visa vary depending on your nationality, but generally speaking, you will need to be over 55 years of age and have a minimum monthly income of AED 20,000 (approximately US $5,400).
You will also need to show proof of health insurance and have your fingerprints and photographs taken at the Dubai immigration office.
Once you have met all the requirements and been granted a retirement visa, you will be able to stay in Dubai for as long as you like or you can buy apartments for sale in Downtown Dubai. There is no limit on the number of times you can renew your visa, and you will not be required to leave the country every 90 days, as is the case with other types of visas.
What are the costs of living in Dubai?
The cost of living in Dubai is relatively high compared to other countries in the region, but it is still possible to live comfortably on a moderate budget.
According to Numbeo, the average monthly cost of living for a single person in Dubai is approximately AED 8,500 (US $2,300), which includes rent, food, transportation and utilities.
If you are retired and have a pension or other source of income, you may be able to live on a significantly lower budget.
What is the healthcare like in Dubai?
The healthcare system in Dubai is excellent, and there are a number of hospitals and clinics that offer high-quality medical care. However, it is important to note that healthcare is not free in Dubai, and you will need to have health insurance to be able to access medical treatment.
There are a number of private health insurance companies in Dubai, and the cost of a policy will depend on factors such as your age and the level of coverage you require.
What are the best places to retire in Dubai?
There is no shortage of places to retire in Dubai, from the bustling city center to the tranquil beaches of the Emirate’s many coastline.
If you’re looking for an active lifestyle, then Business Bay is the place for you, with its world-class shopping malls, restaurants and attractions. You can check apartments for sale in Business Bay. For a more relaxed pace of life, consider one of Dubai’s many residential communities such as Jumeirah Beach Residence or the Palm Jumeirah.
Wherever you choose to retire in Dubai, you’re sure to find all the comforts and amenities you need to enjoy a comfortable and enjoyable retirement.
Are you ready to retire in Dubai?
If you’re looking for a sunny retirement destination with world-class amenities, then Dubai could be the perfect place for you.
Whether you’re looking for an active lifestyle or a more relaxed pace of life, Dubai has something to offer everyone. So, what are you waiting for? Start planning your retirement in Dubai today!
We hope you found this guide helpful. If you have any questions about retiring in Dubai, please feel free to contact us.