Saudi Arabia’s Green Card? Discover the Benefits, Eligibility, and Costs

[Fatima]

Saudi Arabia's Premium Residency program offers various benefits, including permanent residency, flexibility to work, and property ownership. A comprehensive overview of the Saudi Premium Residency program:

Benefits

[1] Live with Family: Bring your spouse, children under 25, and parents to live with you in Saudi Arabia.
[2] Work Flexibility: Move between establishments without restrictions.
[3] Exemption from Fees: No expat fees for you and your dependents.
[4] Unrestricted Entry and Exit: Enter and exit Saudi Arabia without visas.
[5] Property Ownership: Own and usufruct property in Saudi Arabia.
[6] Visit Visas: Obtain visit visas for relatives.

Eligibility Criteria

[1] Investor Residency: Minimum investment of SAR 7 million in economic activities, creating at least 10 jobs within two years.
[2] Real Estate Owner Residency: Own residential property worth at least SAR 4 million, free from mortgages and developed.
[3] Entrepreneur Residency: Hold an entrepreneur license, raise minimum SAR 400,000 from accredited investors, and have at least 20% equity ownership.
[4] Special Talent Residency: Exceptional expertise in fields like healthcare, science, and research.

Fees

[1] Permanent Premium Residency: Onetime payment of SAR 800,000 (approximately $213,000 USD).
[2] Temporary Premium Residency: Annual payment of SAR 100,000 (approximately $26,600 USD), with a 2% discount for multiyear applications.

Residency Types

[1] Limited Duration Premium Residency: Temporary residency for 15 years, renewable.
[2] Unlimited Duration Premium Residency: Permanent residency with no renewal requirement.

Application Process

[1] Visit the Official Website: Go to the official Saudi Premium Residency website to start your application.
[2] Select Your Residency Product: Choose the residency option that best fits your needs and eligibility.
[3] Complete the Application Form: Fill out the application form accurately and submit the required documents.
[4] Make the Payment: Pay the applicable fees for your chosen residency product.

These steps outline the straightforward process for applying for Saudi Premium Residency.
The Saudi Premium Residency program offers a unique opportunity for high networth individuals, entrepreneurs, and talented professionals to live and work in Saudi Arabia with flexibility and benefits.