Why Retire in Dubai?
Dubai is a dream destination if you’re looking to turn your retirement into a journey of luxury and wonder for the rest of your life. As the capital and the most populous city in the UAE, you can be sure that there will always be plenty to do and see.
According to the 2020 world ranking, Dubai is ranked as the best city in Africa and the Middle East. Additionally, it’s ranked as the sixth-best city in the world.
Visa Requirement to Retire in Dubai
If you plan to retire in one of the safest cities in the world, then Dubai is the right pick for you. The UAE Cabinet has now simplified the process of retirement in Dubai in its 2018 official announcement.
However, to meet the eligibility requirements, you have to be over 55 years of age and either:
- Have an income of AED 20,000/month;
- Have cash savings of AED 1 million; or
- Have a property in Dubai worth AED 2 million.
Perks of Retiring in Dubai
There are many factors that attract people who wish to retire in Dubai. These include sandy beaches, a luxurious lifestyle, a sunny climate, bustling marketplaces, and so much more. Here are some of the perks of retiring in Dubai:
1. Quality of Living
According to the quality of living survey, Dubai is the most livable city in the Middle East. Also, it ranks in the list of the top 100 best cities in the world. Moreover, 96.6% of the people in Dubai have stated that they feel secure and safe. Thus, making it rank among the top peaceful cities to live in.
2. Multicultural Environment
Dubai is home to people of more than 200 nationalities that either work or live in Dubai. This shows the multicultural environment of Dubai. Besides Arabic, a lot of people speak English as well. Also, people in Dubai have different beliefs and cultures, which greatly contributes to its tourism.
3. Luxurious Lifestyle
When it comes to luxury, Dubai is always at the top of the list. Moreover, with its tall buildings and exuberant shopaholic community, Dubai houses the biggest shopping mall in the world: The Dubai Mall. Therefore, for retirees who long to spend their days shopping and spending their saved wealth on some well-deserved indulgences, Dubai is the ultimate destination for all your luxurious needs.
Dubai is regarded as one of the world’s most unique cities. It has attractive landscapes and astounding architecture. Being the richest city in the Middle East, the uniqueness of Dubai shines through its hierarchy.
Furthermore, it is also famous for its skyscraper Burj Khalifa, which is the tallest building in the world. Not to mention that it’s a massive attraction for the international community.
If you are planning to retire in Dubai, visit Foot Print Real Estate. We render professional advice for all commercial and residential property investments. We are the leading real estate agents in the UAE with over 15 years of experience.