If you are thinking about starting a business in Saudi Arabia
the new premium visa is designed to simplify your trip into the Saudi Arabia and make it easier and gives you the flexibility to choose between its many options based on the cost and the advantages that suits you.
Why you should get your premium residency now ?
- Holders of premium residency can operate their businesses in Saudi Arabia in line with the Saudi Ministry of investment system and have the right to own and earn income from real estate.
- Premium residence holders in all categories can live in the Kingdom with their family members, which includes parents, spouses, and children under the age of 25.
- Moving freely from one facility to another.
- Premium residency holders and their companions are exempted from the financial fees levied on them in ksa.
- The ability to leave the Kingdom and return without requiring a visa.
- Issuing visit visas for relatives to come to Saudi Arabia.
What are the premium residency categories in Saudi Arabia?
Limited premium residency in Saudi Arabia
This residence permit can be renewed every year at the same price. If an applicant chooses Saudi Arabia Premium Residence which lasts more than one year.
What are the benefits of having premium residency?
2% fee discount.
This option is especially suitable for an investor or businessman who is interested in implementing temporary investment projects in Saudi Arabia.
It is also an option for those who want to immerse themselves in everyday life and gain experience before considering a permanent stay in Saudi Arabia.
What is the cost of limited premium residency?
Total cost 110,000 SAR
Unlimited premium residency in Saudi Arabia
This unlimited Premium Residency option offers people permanent residency in Saudi Arabia. This option is particularly appealing to those who want to obtain a long-term residence permit that does not require annual renewal, making it appealing to those who are committed to establishing a permanent presence in Saudi Arabia.
What are the benefits of having premium residency?
Being able to run a business in KSA in compliance with Ministry of investment regulations.
Freedom from the current requirement for an exit-reentry permit from Saudi Arabia.
Possibility of purchasing and owning property in Saudi Arabia.
What is the cost of unlimited premium residency?
Total cost 810,000 SAR
To strengthen the Kingdom's position as a leader in attracting top talent and great investment opportunities, Saudi Arabia’s Premium Residency Center has announced five premium residencies:
Category | Target | Time Period of Residency | Cost |
Exceptional efficiency | Individuals with exceptional skills and backgrounds in science, administration, and research can enhance local capacities and facilitate experience exchange. | -Limited residency for five years, renewable once upon meeting product eligibility criteria. -Permanent residency upon continued fulfillment of product eligibility criteria and 30 months of residency within 5 consecutive or non-consecutive years. |
71,000 SAR |
Talent | talents and experts in the fields of sports, culture, and the arts. | -A limited residency of five years, renewable once upon meeting the product eligibility criteria, and a residency of 30 months within 5 consecutive or non-consecutive years. -Permanent residency when the product eligibility criteria continues to be met during the specified residency period and a 30-month residency within 5 consecutive or non-consecutive years and obtaining a recommendation from the competent authority (Ministry of Culture or Ministry of Sports) |
71,000 SAR |
Business investors | Investors interested in investing in Saudi economic activity. | -Permanent residency under the conditions of : - 7 million SAR invested over the first two years - Creating 10 jobs within two years |
71,000 SAR |
Business pioneer | Entrepreneurs and innovators interested in working on the development of multiple sectors in Saudi Arabia. | -Category 1: A five-year residence permit that is renewed if the applicant continues to meet the eligibility criteria for Category 1 and resides for 30 months within the five-year period. -permanent residency under the condition of the creation of at least 10 jobs for the first year and at least 10 jobs for the second year. |
71,000 SAR |
Property owner | Real estate owners in Saudi Arabia | owning or using the property. | 71,000 SAR |
Unfixed and fixed term | People who want to live in Saudi Arabia for a limited or unlimited amount of time. | A specific residence renewable permit for one year and up to 5 years | 110,000 SAR |
Permanent residence | 810,000 SAR for unfixed time |
Category | Eligibility Criteria |
Exceptional efficiency |
exceptional skills and backgrounds in science, administration, and research 1- Researchers
2- Health and scientific competencies
3. Executives
|
Talents |
A- The first path:
B- The second path:
|
Business investors |
|
Business pioneer |
1- First category
2- The second category
|
Property owner |
|
Unfixed and fixed term | Providing proof of the applicant's financial solvency. |