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Premium Residency

in KSA

 

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.

premium residency in KSA

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.		 14,000 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)		 14,000 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		 14,000 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.		 14,000 SAR
Property owner Real estate owners in Saudi Arabia owning or using the property. 14,000 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

  • An employment contract in the specified entities with a priority specialization.
  • The total monthly wage should not be less than 14 thousand riyals.
  • Must have a bachelor’s degree or higher.
  • More than 3 years of work experience in a related field.
  • Passing the minimum points system.
  • A letter of recommendation from the employer.

2- Health and scientific competencies

  • An employment contract in the specified entities with a priority specialization.
  • The total monthly wage should not be less than 35 thousand riyals.
  • Must have a bachelor’s degree or higher.
  • More than 3 years of work experience in a related field.
  • Passing the minimum points system.
  • A letter of recommendation from the employer.

3. Executives

  • An employment contract in a leadership position (first and second levels) in one of the specified agencies, provided that the total monthly wage is not less than 80 thousand riyals.
  • Letter of recommendation from the employer (second level).
Talents

A- The first path:

  • Nominate or obtain one of the specified exceptional awards.
  • Passing the minimum financial solvency (to ensure that the costs of living in Saudi Arabia are borne).
  • Obtaining a recommendation from the culture system or the Ministry of Sports, depending on the applicant’s field.

B- The second path:

  • Meeting the minimum list of eligibility criteria approved by the culture and sports system.
  • Passing the minimum financial solvency (to ensure that the costs of living in Saudi Arabia are borne).
  • Obtaining a recommendation from the culture system or the Ministry of Sports, depending on the applicant’s field.
Business investors
  • Obtaining an investment license.
  • Investing a minimum of 7 million riyals in economic activities in Saudi Arabia in accordance with the investment system, provided that investment is proven during the first two years.
  • Hire at least 10 employees in the Kingdom.
Business pioneer

1- First category

  • Obtaining an entrepreneurial license from the Ministry of Investment.
  • Obtaining an investment round(s) from one of the investment entities approved and worth a minimum of 400 thousand riyals from the Ministry of Investment.
  • A letter of recommendation from the investing party.
  • The applicant’s share in the company should not be less than 20%.

2- The second category

  • Obtaining an entrepreneurial license from the Ministry of Investment.
  • Obtaining an investment round(s) from one of the investment entities approved and worth 15 million riyals from the Ministry of Investment.
  • A letter of recommendation from the investing party.
  • The applicant’s share in the startup company should not be less than 10%.
  • Create at least 10 jobs during the first year, and at least 10 additional jobs during the second year.
Property owner
  • Owning or benefiting from real estate assets worth no less than 4 million riyals in Saudi Arabia.
  • The property must not be mortgaged and must not be mortgaged after that.
  • The ownership or use of the property must not be through real estate financing.
  • The type of property must be residential only.
  • The property must be existing and not from developed or undeveloped lands.
  • An approved assessment of the value of the real estate asset issued by appraisers accredited by the Saudi Authority for Certified Valuers “Taqeem”
Unfixed and fixed term Providing proof of the applicant's financial solvency.

Our Head Office

  • Motaded - Riyadh
    FDA2646 Building No. 2646, Ext. 7180
    Al-Shuhada District, Postal Code 13241, Riyadh.
    The second branch: Al-Thumama Specialist Road,
    Al-Narjis neighborhood
  • info@motaded.com.sa
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