{"id":15323,"date":"2018-09-16T23:22:43","date_gmt":"2018-09-16T23:22:43","guid":{"rendered":"http:\/\/qatar-news.org\/qatarnewsEn\/?p=15323"},"modified":"2018-09-16T23:22:43","modified_gmt":"2018-09-16T23:22:43","slug":"uae-confirms-law-allowing-foreigners-to-obtain-long-term-residencies-for-retirement","status":"publish","type":"post","link":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=15323","title":{"rendered":"UAE confirms law allowing foreigners to obtain long-term residencies for retirement"},"content":{"rendered":"<\/p>\n<h2>UAE confirms law allowing foreigners to obtain long-term residencies for retirement<\/h2>\n<div data-io-article-url=\"http:\/\/www.arabnews.com\/node\/1373076\/middle-east\" readability=\"60.2204827136\">\n<p>\nDUBAI: The UAE cabinet has approved a law that will allow foreigners to obtain long-term residencies in the Emirates after they retire, the prime minister Sheikh Mohammed bin Rashid Al-Maktoum said on Sunday.<br \/>Dubai Media Office announced the significant move on their Twitter page. It is part of the UAE government\u2019s drive to boost economic growth in the country.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\" readability=\"8.30281690141\">\n<p dir=\"ltr\" lang=\"en\">\nThe <a href=\"https:\/\/twitter.com\/hashtag\/UAE?src=hash&#038;ref_src=twsrc%5Etfw\">#UAE<\/a> Cabinet approved a law to provide special residency-visa privileges for expats retirees over the age of fifty-five years for a period of five years, with the possibility of renewal, according to specific conditions.<\/p>\n<p>\u2014 Dubai Media Office (@DXBMediaOffice) <a href=\"https:\/\/twitter.com\/DXBMediaOffice\/status\/1041334320449941504?ref_src=twsrc%5Etfw\">September 16, 2018<\/a>\n<\/p><\/blockquote>\n<p>\nThe law will provide special residency-visa privileges for expatriate retirees over the age of 55 years for a period of five years, with the possibility of renewal, according to specific conditions, WAM reported.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\" readability=\"10.262195122\">\n<p dir=\"ltr\" lang=\"en\">\nIn effect as of 2019, the law outlines requirements to qualify for the long-term visa such as having an investment in a property worth AED2 million, or financial savings of no less than AED1 million, or having an active income of no less than AED20,000 per month. <a href=\"https:\/\/twitter.com\/hashtag\/UAE?src=hash&#038;ref_src=twsrc%5Etfw\">#UAE<\/a><\/p>\n<p>\u2014 Dubai Media Office (@DXBMediaOffice) <a href=\"https:\/\/twitter.com\/DXBMediaOffice\/status\/1041334444358029314?ref_src=twsrc%5Etfw\">September 16, 2018<\/a>\n<\/p><\/blockquote>\n<p>\nAccording to the WAM statement, the law, which will be in effect from 2019, \u201coutlines the requirements to qualify for the long-term visa such as having an investment in a property worth AED2 million ($544,000), or having financial savings of no less than AED1 million, or having an active income of no less than AED20,000 per month.\u201d<\/p>\n<p>\n\u00a0<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>UAE confirms law allowing foreigners to obtain long-term residencies for retirement DUBAI: The UAE cabinet has approved a law that will allow foreigners to obtain long-term residencies in the Emirates after they retire, the prime minister Sheikh Mohammed bin Rashid Al-Maktoum said on Sunday.Dubai Media Office announced the significant move on their Twitter page. It&hellip;<\/p>\n","protected":false},"author":10,"featured_media":15324,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-15323","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-middle_east_news"],"_links":{"self":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/15323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15323"}],"version-history":[{"count":0,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/15323\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/media\/15324"}],"wp:attachment":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}