The Abu Dhabi Residents Office has issued financial criteria and documentation rules for foreigners applying for a five-year retirement visa in the UAE. Applicants can qualify by demonstrating a minimum annual income of AED 240,000, or by holding AED 1,000,000 in qualifying real estate or fixed deposits. The regulations accommodate income and savings originating from both inside and outside the UAE subject to specific transfer and verification rules.
The Abu Dhabi Real Estate Centre has launched a mandatory training course for brokers seeking commercial licences. The curriculum replaces the previous course and introduces the ADREC Certified Broker credential, which requires annual renewal.
Abu Dhabi Projects and Infrastructure Centre has signed an agreement with Elon Musk's The Boring Company to evaluate underground transport and utility tunnel solutions across the emirate. The partnership was finalised during the Liveability and Investment Exhibition in Abu Dhabi. The initiative will examine feasibility, delivery models, and local capability development in advanced tunnelling technologies.
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