The UAE has approved a new visa scheme for retired ex-pats under which they can now stay in the UAE after retirement. This new visa scheme was approved on Tuesday by the Cabinet. The meeting was chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, it was held at the Expo 2020 Dubai. The attendees were Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance, Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior; and cabinet members.
The eligibility criteria for the same is:
- Owning more than one property or a single property worth AED 1 million.
- Or a bank deposit of not less than AED 1 million.
- Or an active income of not less than AED 180,000 per year.
ترأست اجتماعاً لمجلس الوزراء في إكسبو دبي 2020 اعتمدنا خلاله الطلب المقدم من وزارة الداخلية بالبدء باختبار القيادة الذاتية للسيارات على طرق دولة الإمارات، ورفع تقرير للمجلس لاعتمادها بشكل دائم مستقبلاً في حال اعتمدت الوزارة تلك التقنية بالتنسيق مع الجهات المختصة pic.twitter.com/DLN6ufR6Tc
— HH Sheikh Mohammed (@HHShkMohd) November 9, 2021
Other things that were discussed at the meeting were:
The Cabinet also approved a temporary license that will be used to test self-driving vehicles. This will be the next step in the technological advancement of the UAE. The UAE is the first country in the Middle East and the second globally to test self driving vehicles.
