Foreign ownership of freehold property provides further boost to Abu Dhabi market
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A few developers are fleshing out concepts for luxury retirement communities.
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To qualify for the visa, the expat retiree must either have a property investment worth at least $544,500 (AED2 million) or savings of no less than $272,250 (AED1 million), or an active income of no less than $5,435 (AED20,000) per month.
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Instant justice, new federal plans also approved by the government body
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The UAE will allow foreigners to obtain extended residency visas after they retire, a major policy shift designed to give expatriates a bigger stake in the economy and foster longer-term growth
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The new plan could change how non-Emiratis invest and manage their money
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