Will the chance to retire in Dubai appeal to British expats?

Will the chance to retire in Dubai appeal to British expats?

The UK and Dubai have long enjoyed a close relationship, with historical, cultural and trade ties stretching back decades. Around 240,000 British expats called Dubai home in 2012, according to the most recent official figures.

Following the news that the emirate launched a retirement programme earlier this month for resident expats and foreigners over the age of 55, many British citizens will likely be wondering if it's a viable option for their future.

Retire in Dubai, the first programme of its kind in the region, is being spearheaded by Dubai Tourism in collaboration with the General Directorate of Residency and Foreigners Affairs (GDRFA-Dubai).

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Eligible applicants will be provided a retirement visa, renewable every five years. The retiree can choose between one of three financial requirements for eligibility: earning a monthly income