Imagine retiring to a place where year-round sunshine, world-class amenities, and tax-free income are just the beginning. Those looking to retire in UAE have the opportunity to live in one of the most dynamic, luxurious, and tax-friendly destinations in the world.
Whether you’re seeking a cosmopolitan urban environment, a peaceful coastal retreat, or a cultural hub, the UAE has something for every retiree looking to enjoy their golden years in style.
In this guide you will learn about:
Visa Options for Retiring in the UAE
UAE Retirement Visa
Foreign retirees are eligible to apply for a 5-year long-term visa. To qualify for this retirement visa, applicants must meet the following criteria:
- Hold financial savings of at least AED 1 million.
- Own property/properties with a minimum value of AED 1 million or more.
- Have a minimum of 15 years of work experience, either within or outside the United Arab Emirates, or be at least 55 years old at the time of retirement OR
- Have a monthly income of AED 20,000 (or AED 15,000 for Dubai).
UAE Golden Visa
The UAE Golden Visa program offers a long-term residence visa solution that is both practical and rewarding for retirees seeking stability and luxury. Introduced in 2019, this program allows eligible individuals to live, work, and study in the UAE without the need for a local sponsor. With options for 5-year and 10-year renewable visas, the Golden Visa provides unmatched flexibility and security.
While the program primarily aims to attract exceptional talent, investors, and professionals, it’s also an excellent opportunity for retirees who meet the financial criteria. By investing at least AED 2 million (approximately $545,000) in real estate or public investments, retirees can secure a Golden Visa, granting them access to world-class healthcare, a tax-free lifestyle, and the vibrant expat community that thrives in the UAE.
The Golden Visa underscores the UAE’s commitment to being a global hub for innovation, business, and talent. It opens doors not only for professionals and entrepreneurs but also for individuals who wish to enjoy the country’s unmatched standard of living. For retirees seeking a blend of luxury, safety, and long-term residency benefits, the UAE Golden Visa stands out as a compelling choice.
Read our UAE Golden Visa Guide
The Pros and Cons of Retiring in the UAE
Pros of retiring in the UAE
Pros of retiring in the UAETax-free living
Retiring in the UAE means enjoying a tax-free lifestyle, as the country has no personal income tax. This allows retirees to maximize their savings and pensions without deductions, making it an attractive destination for those looking to stretch their retirement funds.
World-class healthcare
The UAE boasts a highly advanced healthcare system with state-of-the-art facilities and internationally accredited hospitals. With mandatory health insurance for UAE residents, retirees can access top-notch medical care tailored to their needs, ensuring peace of mind in their golden years.
Luxury lifestyle and modern amenities
From iconic skyscrapers and luxury resorts to gourmet dining and high-end shopping malls, the UAE offers a lifestyle of unparalleled comfort and sophistication. Retirees can enjoy a vibrant social scene, cultural events, and year-round leisure activities in a modern, well-planned environment.
Safety and stability
The UAE consistently ranks among the safest countries in the world, with low crime rates and a strong sense of security. This makes it an ideal destination for retirees seeking a peaceful, stress-free environment to enjoy their retirement.
Multicultural expat community
With over 80% of the population comprising expatriates from around the world, the UAE is a melting pot of cultures. Retirees can join thriving expat communities, participate in social events, and build friendships, making the transition to a new life seamless and enjoyable.
Prime travel hub
The UAE’s strategic location provides easy access to Europe, Asia, and Africa, making it a gateway for global travel. Retirees can take advantage of world-class airports and airline services, perfect for those who want to explore the world during retirement.
Cons of retiring in the UAE
While there is a wealth of pros, it’s just as important to understand the challenges of retiring in the UAE, including:
High cost of living
While the UAE offers a luxurious lifestyle, it comes at a price. Housing, healthcare, and day-to-day expenses like dining out or utilities can be significantly higher than in many other countries. Cities like Dubai and Abu Dhabi are particularly costly, making it essential for retirees to budget carefully to maintain their desired standard of living.
Climate
The UAE’s climate can be challenging, especially for those not accustomed to extreme heat. Summers are intensely hot and humid, with temperatures often exceeding 45°C (113°F). Outdoor activities may be limited during these months, and reliance on air conditioning can lead to higher utility bills.
Cultural adjustments
Although the UAE is highly cosmopolitan, retirees may face cultural differences that require adaptation. Understanding local customs, such as modest dress codes in certain areas and observing Islamic traditions, is important. Additionally, retirees may need time to adjust to a different pace of life and social norms compared to their home country.
Cost of Living in the UAE for Retirees
The cost of living in the UAE for retirees can vary dramatically based on location and lifestyle. To simplify this, here is the cost of retiring in Dubai:
Cost of accommodation in Dubai
Here are some general prices for renting an apartment in Dubai:
Item | Price in AED | Price in USD |
Apartment (1 bedroom) in City Centre | 8,213.16 AED | $2,236.09 |
Apartment (1 bedroom) Outside of Centre | 5,372.12 AED | $1,462.60 |
Apartment (3 bedrooms) in City Centre | 15,959.29 AED | $4,345 |
Apartment (3 bedrooms) Outside of Centre | 10,346.19 AED | $2,816.82 |
Cost of living in Dubai
Here are some of the day-to-day costs of living in Dubai:
Item | Price in AED | Price in USD |
Meal, Inexpensive Restaurant | 45.00 AED | $12.25 |
Meal for 2 People, Mid-range Restaurant, Three-course | 255 AED | $69.43 |
One-way Ticket (Local Transport) | 6.50 AED | $1.77 |
Monthly Pass (Regular Price) | 300.00 AED | $81.68 |
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | 835.76 AED | $227.54 |
Mobile Phone Monthly Plan with Calls and 10GB+ Data | 229.41 AED | $62.46 |
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 368.95 AED | $100.45 |
Fitness Club, Monthly Fee for 1 Adult | 301.85 AED | $82.18 |
Tennis Court Rent (1 Hour on Weekend) | 160.26 AED | $43.63 |
Cinema, International Release, 1 Seat | 50.00 AED | $13.61 |
Cost of healthcare in Dubai
Here are some general costs of private healthcare in Dubai:
Item | Price in AED | Price in USD |
GP consultation | 300 AED | $81.68 |
Specialist consultation | 590 AED | $160.63 |
Dentist | 300 AED | $81.68 |
Diagnostics | 200 AED - 3,000 AED | $54-$816.77 |
Minor surgery | 2,000 AED - 10,000 AED | $544.51-$2,722.57 |
ER visit | 500 AED – 1,500 AED | $136.13-$408.38 |
Healthcare in the UAE for Retirees
The UAE is home to internationally accredited hospitals and clinics, many of which are equipped with state-of-the-art technology. Major cities like Dubai and Abu Dhabi have numerous private and public healthcare facilities offering specialized services in fields such as cardiology, oncology, orthopedics, and geriatrics.
While public healthcare is available to UAE citizens (those with a UAE passport), expats will need private health insurance. Health insurance is mandatory for all residents, including retirees. You’ll need to obtain a private health insurance plan tailored to your needs. Many insurance providers in the UAE offer comprehensive plans that cover consultations, medications, hospital stays, and specialist treatments.
Medical facilities are widespread in urban areas, ensuring quick access to healthcare services. Many hospitals and clinics also provide 24/7 emergency care. However, access to healthcare may be more limited in remote areas, so retirees should consider proximity to medical facilities. Still, based on the 2021 Global Health Security (GHS) Index, the UAE ranked 39th out of 195 countries for healthcare access.
The UAE healthcare system offers a variety of services tailored to older adults, including preventive care, chronic disease management, and rehabilitation services. Many hospitals have multilingual staff to cater to the diverse expat population, ensuring effective communication.
Lifestyle in the UAE for Retirees
Cultural experiences and heritage
Living in the UAE offers a rich blend of modernity and tradition. Retirees can explore the country’s deep cultural roots through museums, art galleries, and historic sites such as the Al Fahidi Fort in Dubai or the Sheikh Zayed Grand Mosque in Abu Dhabi.
Traditional souks, or markets, offer a glimpse into the UAE’s trading history, where retirees can shop for spices, textiles, and handicrafts. Cultural festivals and events, such as the Dubai Opera or Abu Dhabi’s annual art fairs, provide retirees with ample opportunities to engage with the arts and history.
Active outdoor lifestyle
The UAE offers plenty of recreational activities for retirees who enjoy staying active. Whether it’s golfing at some of the world’s most luxurious courses, sailing along the coast, or hiking in the desert, outdoor activities are abundant.
The cooler months offer ideal conditions for beach outings, desert safaris, or exploring the UAE’s natural parks, while luxurious resorts offer wellness retreats for relaxation and rejuvenation.
Luxury shopping and entertainment
Retirees can experience the UAE’s renowned luxury shopping scene, where world-famous brands fill enormous shopping malls like The Dubai Mall and Mall of the Emirates. The UAE also has a thriving entertainment scene, offering everything from spectacular concerts and theater performances to international sporting events.
The shopping malls are not only great for retail but also offer entertainment options like ice skating rinks, movie theaters, and indoor theme parks.
Retiring in the UAE offers a lifestyle that balances luxury, culture, and active recreation, all in a safe and modern environment. Whether you’re exploring cultural landmarks or enjoying world-class dining, the UAE ensures that every day brings something exciting and new.
Taxes in the UAE for Retirees
The UAE does not impose personal income tax, which means that pension income and other earnings like basic salary are not taxed. This allows retirees to retain more of their annual income and savings, enhancing their financial security during retirement.
The absence of inheritance tax in the UAE also allows retirees to pass on their wealth without additional tax burdens, making estate planning simpler and more advantageous.
Popular Places to Retire in the UAE
The UAE offers diverse options for retirees looking to enjoy a comfortable and enriching lifestyle. Each emirate presents its own unique atmosphere, from the dynamic energy of Dubai to the serene nature of Ras Al Khaimah. Here’s a breakdown of three top destinations for retirees:
Dubai
Dubai is the perfect destination for retirees who enjoy a fast-paced, modern lifestyle, thanks to the retire in Dubai program. Known for its luxurious living and iconic landmarks, such as the Burj Khalifa and Palm Jumeirah, Dubai offers an exciting blend of culture, entertainment, and high-end living.
The city is home to world-class shopping malls, gourmet dining, and a vibrant expat community, making it easy for retirees to socialize and make new connections. Retirees can also enjoy year-round sunshine and a wealth of recreational options, from beach clubs and resorts to cultural events and art exhibitions.
Abu Dhabi
For retirees seeking a blend of culture and luxury, Abu Dhabi is an excellent choice. As the capital of the UAE, it offers a more relaxed pace compared to Dubai while still providing access to modern amenities and a high standard of living.
Abu Dhabi is a cultural haven, with landmarks like the Louvre Abu Dhabi and the Sheikh Zayed Grand Mosque. Retirees can immerse themselves in the city’s rich history and artistic achievements while enjoying luxury shopping, fine dining, and tranquil spaces like the Corniche and the city’s many parks.
The slower pace of life, combined with luxury living options, makes Abu Dhabi ideal for retirees who appreciate a balanced and refined lifestyle.
Ras Al Khaimah
Ras Al Khaimah (RAK) offers retirees a peaceful and nature-focused environment away from the hustle and bustle of Dubai and Abu Dhabi. Known for its breathtaking landscapes, RAK features mountains, deserts, and long stretches of coastline.
This emirate is perfect for retirees who enjoy outdoor activities like hiking, water sports, and nature walks. The relaxed pace of life and lower cost of living make it an attractive option for those seeking tranquility without sacrificing access to modern amenities.
Ras Al Khaimah also boasts a growing expat community and offers a variety of luxury resorts and outdoor recreation opportunities.
Frequently Asked Questions About Retiring in the UAE
Can a US citizen retire in the UAE?
Yes, US citizens can retire in the UAE by applying for a retirement visa. This visa allows retirees to enjoy the country’s luxurious lifestyle, world-class healthcare, and tax-free benefits. You’ll need to meet specific financial and residency requirements to qualify.
How much money do I need to retire in the UAE?
The exact amount depends on your lifestyle and location, but retirees generally need around AED 15,000–25,000 ($4,000–6,800) monthly to cover expenses like housing, healthcare, and leisure activities. Financial proof of AED 1 million ($272,000) in savings or an equivalent income is also required for the retirement visa.
Can you retire in Dubai as a foreigner?
Absolutely! Dubai welcomes retirees from all over the world through its retirement visa program. It offers an unparalleled blend of luxury living, cultural experiences, and tax-free benefits, making it an attractive option for foreign retirees.
What are the benefits of a UAE retirement visa?
- Long-term residence permit in a safe, modern country.
- Access to world-class healthcare and infrastructure.
- Tax-free living, including no income tax.
- Opportunity to purchase property in freehold areas.
- Enjoyment of a high standard of living with year-round sunshine.
What requirements must be met to retire in the UAE?
- Be at least 55 years old.
- Have proof (bank statement) of AED 1 million in savings, AED 20,000 monthly income, or AED 2 million in property investments.
- Secure valid UAE health insurance.
Can I retire in the UAE as a US citizen?
Yes, US citizens can retire in the UAE by meeting the financial and age requirements for the retirement visa. The process is straightforward, and the UAE offers a safe, expat-friendly environment with a high quality of life.
What are the age requirements for a UAE retirement visa?
Applicants must be at least 55 years old to qualify for a UAE retirement visa.
Is health insurance mandatory for retirees in the UAE?
Yes, health insurance is a mandatory requirement for retirees in the UAE. Comprehensive coverage ensures access to the country’s high-quality healthcare system.
What are the financial requirements to qualify for a UAE retirement visa?
Applicants must demonstrate one of the following:
- AED 1 million in savings.
- AED 20,000 monthly income (retirement income or monthly income).
- Ownership of a property with a property value of at least AED 2 million.
It’s best to speak with a financial advisor before the big move to ensure everything is in place.
What types of retirement visas are available in the UAE?
The UAE offers a 5-year renewable retirement visa for eligible applicants. This visa is primarily designed for retirees who meet the financial and age criteria. However, this does not lead to UAE citizenship.
How long is the UAE retirement visa valid?
The UAE retirement visa is valid for 5 years and can be renewed if eligibility criteria are maintained.
Can retirees work in the UAE with a retirement visa?
No, the retirement visa does not permit employment for expat employees. However, retirees can engage in consulting or freelance work if they obtain the necessary permits.
Are there any tax benefits for retirees in the UAE?
Yes! The UAE is tax-free, meaning there’s no income tax, making it an attractive financial option for retirees.
Is the UAE a good country to retire in for Americans?
Yes, the UAE offers safety, modern amenities, and tax-free living, making it a fantastic retirement choice for Americans seeking luxury, convenience, and a welcoming expat community.
Can I buy property in the UAE as a retiree?
Yes, retirees can purchase property in designated freehold areas. Owning property worth AED 2 million can also help qualify for a retirement visa.
How safe is the UAE for retirees?
The UAE is one of the safest countries globally, with low crime rates, advanced security systems, and a family-friendly atmosphere.
Can I bring my family to the UAE on a retirement visa?
Yes, retirees can sponsor their spouse and dependent children under certain conditions, provided they meet financial requirements.
What are the healthcare options for retirees in the UAE?
Retirees have access to world-class healthcare facilities, including private and public hospitals. Comprehensive health insurance is mandatory for all residents.
Can my UAE retirement visa be renewed after expiration?
Yes, the retirement visa can be renewed every 5 years if you continue to meet the eligibility criteria.
Are there social security or pension agreements for US retirees in the UAE?
The UAE doesn’t have a social security agreement with the US so retirees may need to manage their US pension separately.
