In A First, Dubai Introduces Retirement Plan For People Of All Nationalities

Dubai plays host to people from different nationalities across the globe. In a new development however, the government has now announced its decision of a retirement plan for people who are willing to relocate to the city after giving up work permanently. While anyone can retire in the emirate now, they will have to meet one of the three conditions – a monthly income of Dhs20,000, a property worth Dhs2 million or savings of Dhs1 million. Meanwhile, Dubai Tourism shared seven reasons that would make Dubai the perfect destination for retirees. Special banking options to help retirees to own a property that fits their lifestyle will be available only to holders of the retirement visa, reported Khaleej Times. 

 

The first of many points made by Dubai Tourism was that the city offers convenience to retirees, who can choose the quality of life they wish for. Living in Dubai will also help them to look after their recreational needs, be it shopping, leisure activities or relaxation facilities; they are all easily accessible.  

Those who plan to make the shift to Dubai will also not have to worry about the scrumptious food delicacies they will be leaving behind as the city offers a great culinary experience for people from all walks of life. From heading out to the beach to dessert safaris and festivals, retirees will never be bored of living in Dubai. 

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Dubai Tourism stated that those who wish to live in the city post retirement will also have access to a healthy outdoor lifestyle, with a wide range of fitness options, from gyms to jogging tracks and more. The city’s geographical location makes it easier for retirees to visit their children, other relatives and friends living in different countries around the world. Saving the most important reason for last, Dubai is a safe haven for retirees as it provides the highest quality of healthcare across a range of specialisations. Following Covid-19, its healthcare system has become even better. Dubai Tourism has also developed price-competitive insurance packages for retirees in cooperation with leading companies in the sector. 

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