Best Retirement Lawyers in Ras al-Khaimah

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Binherz Advocates

Binherz Advocates

Ras al-Khaimah, United Arab Emirates

Founded in 2014
10 people in their team
BINHERZ ADVOCATES & LEGAL CONSULTANTS IN DUBAIOur commitment to professionalism, strong ethics and moral value for our clients keeps us focused...
Arabic
English

About Retirement Law in Ras al-Khaimah, United Arab Emirates

The United Arab Emirates, including Ras al-Khaimah, does not have a specific retirement law for expatriates. However, for nationals, the Federal Law No (7) of 1999 concerning the Pensions and Social Securities regulates the retirement age, which is currently set at sixty years old. Expatriates commonly depend on end-of-service gratuity once they retire. It's important that expatriates understand their legal rights for retiring in the UAE such as retirement visa rules and end of service benefits.

Why You May Need a Lawyer

In complex fields like Retirement Law, a lawyer can offer crucial advice and guidance. You may need a lawyer to clearly understand the statutory laws, assist in calculating your end-of-service gratuity, handle any dispute related to retirement benefits, or to ensure your deportation process (if necessary) is handled smoothly. Furthermore, if you're considering continuing to stay in the UAE post retirement, a lawyer can help you understand the legalities and process of the retirement visa.

Local Laws Overview

The key aspect of local law relevant to retirement is the Federal Law No (7) of 1999, which stipulates the retirement age and provisions for Emirati citizens. For expats, retirement is often associated with the end of their work contracts and involvement of end-of-service benefits. The Labour Law requires companies to provide an end-of-service gratuity to employees who have completed more than one year of service upon the termination of their employment contract. Moreover, the UAE has recently introduced a retirement visa system for retirees who wish to continue living in the UAE post retirement, conditions apply.

Frequently Asked Questions

1. When am I eligible to retire in Ras al-Khaimah, UAE?

For Emirati nationals, the legal retirement age is sixty, but you can opt for early retirement at fifty. For expats, retirement is commonly tied with the end of your employment contract.

2. As an expat, can I live in Ras al-Khaimah after retirement?

Yes, with the introduction of the Retirement Visa, expatriates can continue to live in the UAE after retirement if they meet the criteria.

3. Will I receive an end-of-service gratuity when I retire?

Yes, provided you have worked for more than one year with the same employer at the time of retirement or termination of your contract.

4. Can I work after retirement?

Yes, however, post-retirement work policies vary depending on your status and visa type. It's advisable to consult with a legal advisor for detailed understanding.

5. Can a company force me to retire?

Companies cannot forcibly retire employees unless it is based on conditions stated in the employment contract or in accordance with the UAE Labour Law.

Additional Resources

For further assistance or clarification on retirement laws, you can reach out to the Ministry of Human Resources & Emiratisation. The General Pension & Social Security Authority also provides valuable resources related to the pension scheme and social benefits. Websites like UAE Government and legalise also provide a plethora of information.

Next Steps

If you require legal assistance with retirement laws or procedures in Ras al-Khaimah, UAE, it's advised to hire a local lawyer familiar with UAE employment laws and practices. Governmental offices, legal aid services, and law firms are equipped to provide the help you might need. Ensure that you have all the necessary documents relating to your employment and stay in the UAE when you go to your lawyer.

Disclaimer:
The information provided on this page is intended for informational purposes only and should not be construed as legal advice. While we strive to present accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or currentness of the content. Laws and regulations can change frequently, and interpretations of the law can vary. Therefore, you should consult with qualified legal professionals for specific advice tailored to your situation. We disclaim all liability for actions you take or fail to take based on any content on this page. If you find any information to be incorrect or outdated, please contact us, and we will make efforts to rectify it.