Issuing a residence permit for the general manager or issuing a residence permit for a foreign investor

Overview

Iqama Issuance for the General Manager or issuing a residence permit for a foreign investor is the final step, requiring the completion of the Medical Examination and Medical Insurance. Fees include the Work Permit financial levy (SAR 9700 for the General Manager) and Passports fees (SAR 650), ensuring legal status after company formation.

We provide a specialized service to facilitate quick Iqama Issuance for the foreign Investor or General Manager of the establishment. This process necessitates fulfilling the Medical Examination requirements, activating the comprehensive Medical Insurance policy, and paying the Work Permit financial fees (SAR 9700) and Passports fees (SAR 650). Iqama Issuance is vital to enable them to open bank accounts and fully exercise their executive and legal duties after company formation.

Service snapshot
Target Group

Target Group

Investors or General Managers (non-Saudis) who have obtained a work or investor visa, and require their Iqama Issuance after completing the Medical Examination and Medical Insurance, and paying the Work Permit and Passports fees.

Service Channels

Service Channels

Via direct linkage between the Muqeem Platform and the Ministry of Human Resources (for Work Permit activation), where fees are paid electronically (SAR 9700 for Work Permit and SAR 650 for Passports) and Medical Examination data is automatically documented.

Language Provided

Language Provided

All Iqama Issuance and Work Permit activation steps are explained and followed up in both Arabic and English, ensuring the General Manager and Investor fully understand Passports requirements, including the mandatory Medical Insurance and Medical Examination before full company formation.

Objectives

1. Ensure Iqama Issuance for the General Manager and Investor promptly after their arrival, following compliance with Medical Examination and Medical Insurance and payment of the Work Permit fee (SAR 9700), enabling their bank account opening.

2. Verify Work Permit activation and all necessary requirements from the Ministry of Human Resources, and ensure payment of Passports fees (SAR 650) before submitting the Iqama Issuance request to avoid any administrative delay or rejection.

3. Facilitate the Iqama linkage to the Muqeem Platform and update its data, ensuring the continuous legal status of the Investor and General Manager to enable them to conduct their administrative duties smoothly after company formation.

Steps to Obtain
1

Medical Examination

1. Complete the Medical Examination at certified centers and activate the beneficiary's Medical Insurance, then pay the Work Permit fee (SAR 9700) and the Passports fee (SAR 650) for Iqama Issuance.

2

Medical Insurance

2. Input Iqama data on the Muqeem Platform and confirm the validity of the Medical Insurance and Medical Examination, allowing the final scrutiny process by the Passports system for Iqama Issuance to begin.

3

Issue and print the Iqama

3. Issue and print the Iqama via the Muqeem Platform, verifying the recorded profession (General Manager or Investor) to ensure legal status and finalize remaining company formation procedures.

Areas of Work

1. Follow up on Work Permit activation (including payment of SAR 9700) and all required permits from the Ministry of Human Resources before applying for Iqama Issuance to Passports, ensuring no administrative hurdles for the beneficiary.

2. Confirm the completion of the Medical Examination and Medical Insurance before submitting the Iqama Issuance request, and assist in paying the SAR 650 Passports fee for the General Manager or Investor.

3. Resolve any technical or administrative issues that may arise during the Iqama Issuance process by Passports or the Muqeem Platform, and work to expedite the scrutiny procedures for the Investor and General Manager immediately after company formation.

FAQs
1. What is the importance of the Medical Examination and Medical Insurance for Iqama Issuance?

Answer: The Medical Examination and Medical Insurance are mandatory requirements by Passports; they are essential conditions for the final Iqama Issuance for the General Manager or Investor in the Kingdom.

2. How much is the Work Permit fee for the General Manager before Iqama Issuance?

Answer: The Work Permit fee (financial levy) is SAR 9700 annually for the General Manager only, in addition to the Passports fee (SAR 650) and other associated Iqama Issuance fees.

3. Can the General Manager or Investor open a bank account without Iqama Issuance?

Answer: No, a valid Iqama Issuance is a mandatory and primary requirement for personal and commercial bank account opening for the General Manager or Investor to finalize the company formation procedures.