UAE
UAE Announces Major Cash-Generating Savings Scheme
UAE expats and citizens can earn money after retirement thanks to the launch of a new savings scheme.
National Bonds has announced the launch of Second Salary, a customised savings solution created for the UAE’s national and expat population to generate supplementary income.
The plan is the first part of a long-term programme aimed at providing the best retirement plans in the UAE.
UAE National Bonds Second Salary savings scheme
Second Salary is designed to empower people by offering a personalised additional income-generating solution to ensure that individuals can continue to enjoy their desired lifestyle.
The plan comprises two main phases:
- Saving phase, where customers place money into National Bonds every month for a period of their choosing between three and 10 years
- Income phase, where customers begin drawing income every month, receiving their base investment amount monthly plus their accumulated profit
