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Home > Residency Programs > Saudi Arabia Premium Resident

Saudi Arabia Premium Resident

  • ✓Population: Around 34 million inhabitants
  • ✓Languages: Arabic
  • ✓Economy: Oil-based economy with diversification into manufacturing, finance, and tourism
  • ✓Currency: Saudi Riyal (SAR)
  • ✓Visa-Free Travel: 79 countries.
Overview Benefits Requirements Investment Options Process

Saudi Residency by Investment Program

The Saudi Arabia Premium Residency Program, or Saudi Green Card, allows affluent individuals to live and work in the Kingdom without sponsorship. Aligned with Vision 2030, it attracts global talent and investment, offering participants various benefits and opportunities while boosting economic growth.

Saudi Arabia

Saudi Arabia

Investment from SAR 100,000

Program Requirements

To qualify for this program, applicants must meet the following eligibility criteria.

  • Age Requirement

    The main applicant must be at least 21 years old.

  • General Requirement

    Providing proof of the investment & ownership of real estate or financial solvency for Limited Duration & Unlimited Duration Residency, which may include salary, stocks and shares, private investments, or owned property.

  • Financial Solvency

    Providing proof of the applicant’s financial solvency, which may include salary, stocks and shares, private investments, or owned property.

  • Medical Requirement

    Passing a medical examination to ensure the applicant is in good health and free from contagious diseases.

  • Additional Requirement

    Submit copies of any Saudi Arabian visas from the previous 15 years or the Saudi Iqama Number if currently residing in the country or previously had an Iqama.

Investment Options

Investor Residency

Requirement: minimum investment of SAR 7 million & 10 jobs created during the first two years.

Real Estate

Requirement: minimum investment of SAR 4 million in already developed residential real estate
Specific condition: Tied to real estate ownership or usufruct

Limited and Unlimited Duration Premium Residency

1-year residency: pay annual fee of SAR 100,000
Permanent residency: pay one time fee of SAR 800,000

Application Process

Processing Time

The process typically takes around three months after application submission.

Application Fee for Investor & Real Estate Residency

SAR 4,000

Application fee for Limited Duration

SAR 100,000

Application fee for Unlimited Duration

SAR 800,000

Program Benefits

Integration into Saudi Society

Foreign citizens can fully integrate into Saudi society and contribute to the country’s growth and development.

Permanent Residency

Offers permanent residency status for eligible individuals, allowing them to establish long-term roots in Saudi Arabia without the need for renewal.

Visa-Free Travel

Saudi Premium Residency provides the permit to leave and re-enter Saudi Arabia freely, offering convenience and flexibility to residents.

Business Opportunities

Access to a thriving market and participation in various sectors without the need for a local sponsor, facilitating business endeavors and investment opportunities.

Family Residency

Family members, including parents, spouses, and children (under 25 years old), can apply together along with the applicant; premium residency holders can also apply for a residence permit in Saudi Arabia, granting them the right to live, work, and invest in the country alongside the primary appricant.

Exemption from Expat Fees

Benefit from the waiver of fees imposed on expatriates and their dependents and companions.

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Frequently Asked Questions

GENERAL QUESTIONS

1)

What is the Residency by Investment Program?

This program allows qualified individuals to obtain residency through qualifying investment. [ADD DETAILS]

2)

What are the investment requirements?

The minimum investment is [AMOUNT]. [ADD DETAILS]

3)

How long does the process take?

The typical processing time is [TIMEFRAME]. [ADD DETAILS]

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