What is Premium Residency Program in Saudi Arabia?

The Kingdom of Saudi Arabia, a nation known for its rich history, vast deserts, and vibrant culture, has opened its doors to the world through its innovative Premium Residency Program. Some people say- Saudi Green Card.

Saudi Premium Residency Program was introduced in 2019, the program is designed to boost the country’s economic competitiveness and attract skilled professionals, entrepreneurs, and investors. And reduce commercial concealment.

It’s a practice where non-Saudi individuals engage in commercial activities without proper licensing.

Saudi Arabia Offers Two Different Premium Residency Programs

The Saudi Premium Residency Program offers two distinct options, each tailored to meet specific residency needs, providing flexibility and benefits aligned with diverse objectives and preferences.

1. Limited Duration Premium Residency

This option allows foreigners to obtain premium residency for one year, with the possibility of annual renewal, all for a fee of 100,000 Saudi riyals (approximately $26,660 USD).

Investors, businessmen, or those seeking a taste of life in Saudi Arabia before considering permanent residency can opt for this choice.

This fee remains the same for each annual renewal.

2. Permanent Premium Residency

If you’re seeking a more stable and indefinite presence in Saudi Arabia, the program offers the option of Permanent Premium Residency.

This requires a one-time fee of 800,000 Saudi riyals (equivalent to approximately $213,285 USD).

Holders of this permanent residency status enjoy the benefits of long-term residence without the need for annual renewals.

Saudi Premium Residency Eligibility Criteria

To be eligible for the Premium Residency Program in Saudi Arabia, applicants must meet specific requirements:

• Age Requirement: The primary applicant must be at least 21 years old.
• Valid Passport: A valid passport is essential.
• Clean Criminal Record: Applicants should have a clean criminal record.
• Financial Solvency: Proof of financial solvency must be provided.
• Health Requirement: Applicants and their dependents must present a medical report issued within the last six months, verifying their freedom from communicable diseases.
• Legal Residence: For applicants residing within Saudi Arabia, legal residence in the Kingdom is a prerequisite.

Family Inclusion

One of the appealing aspects of the Premium Residency Program is the ability to include eligible family members in the application.

The following family members can be added under the same Saudi Premium Residency application:

• Spouse
• Children below the age of 21

Benefits of Saudi Premium Residency at a Glance

Holdings of the Premium Residency and their eligible family members are granted a myriad of benefits, making this program highly attractive. Let’s check a few of them-

1. Residency Privileges

The right to reside, work, and invest in Saudi Arabia, with the freedom to change jobs within the private sector.

2. Property Ownership

The ability to own residential, commercial, and industrial real estate across the Kingdom, excluding Makkah, Madina, and border regions.

In Makkah and Madina, premium residency holders can obtain a usufruct right for up to 99 years.

3. Vehicle Ownership

Ownership and licensing of cars and other private means of transportation within Saudi Arabia.

4. Family Sponsorship

Issuing of visit visas for various family members, including parents, grandparents, grandchildren, siblings, and their children.

5. Investment Opportunities

The right to invest in the Saudi Capital Market.

6. Domestic Workers

Recruitment of foreign domestic workers and arrangement of their residency.

7. Travel Freedom

Freedom to leave and enter Saudi Arabia at will, with access to lanes designated for Saudi citizens at Saudi airports.

8. Spousal and Children Rights

In the unfortunate event of the primary holder’s passing, the spouse and children under 21 will retain their premium residency rights and benefits.

Saudi Premium Residency Price and Cost

The cost of obtaining Saudi Premium Residency varies depending on the chosen option:

• Limited Duration Premium Residency: 100,000 SAR annually
• Permanent Premium Residency: 800,000 SAR (one-time fee)
• Application processing fee: 170 USD

Please note that fees are subject to change, you should verify the current rates before applying.

Saudi Arabia Overview- Your Next Dream Country to Live

Saudi Arabia, often regarded as the heart of the Arabian Peninsula, is known for its vast territory, diverse landscapes, and rich history.

Covering approximately 80% of the Arabian Peninsula’s land area, it ranks as the twelfth largest country globally.

Saudi Arabia stands as one of the world’s largest and fastest-growing economies, a member of the G20, and the world’s largest oil exporter.

It offers diverse investment sectors, including oil, religious tourism, communications, and renewable energy.

The country’s world-class infrastructure, prestigious cities like Riyadh and Jeddah, and diverse expatriate community make it an attractive destination for investors and residents alike.

The nation boasts diverse terrain, including deserts, highlands, plains, and access to two major bodies of water, the Red Sea and the Arabian Gulf.

It shares borders with several countries, including the United Arab Emirates, Qatar, Kuwait, Iraq, and Jordan.

Application Process to Saudi Premium Residency Program

Applying for Saudi Premium Residency is a straightforward process that can be completed online through the official Saudi Arabia Premium Residency portal- https://saprc.gov.sa/.

Here’s the step-by-step guide for you-

1. Account Registration

Visit the official Saudi Arabia Premium Residency portal

Click on the “Register Now” option to create an account.

Fill out the registration form with your personal information, including your full name, passport details, email address, and phone number.

Verify your email address and phone number.

2. Complete the Application Form

Log in to your account.

Click on the “Request Premium Residency” option.

Fill out the comprehensive application form, providing-

• personal information
• family details
• education
• occupation
• financial information
• and other essential details

3. Document Submission

Upload supporting documents, including-

• scans of your passport
• ID
• birth certificate
• marriage certificate
• bank statement
• employment contract
• and various other relevant documents.

Pay the application processing fee of 170 USD through the portal online.

4. Review and Submission

• Review your application to ensure accuracy and completeness.
• Click the “Submit” button to finalize your application.

Required Documents for Saudi Premium Residency Application

Applicants must submit several documents to complete their premium residency application. These documents include:

• Scanned copies of passports for the applicant and their family members are included in the application.
• Recent personal photos of all individuals included in the application.
• Proof of residence address, such as a utility bill or residence card.
• Bank statements for the last 12 months.
• Certified copies of the applicant’s academic qualifications.
• An approved medical report demonstrating the health status of the applicant and their family members.
• Documents verifying the applicant’s financial solvency, such as payroll records, commercial registers, or audited financial statements.

All documents should be provided in Arabic or English, or include official translations into either language.

Countries Allowing Visa-Free Access for Saudi Residents

Foreign nationals holding Saudi residency, including Saudi Premium Residency, enjoy visa-free access to select countries, including-

• Bahrain
• Egypt
• Georgia
• Oman
• Tunisia.

FAQs on Saudi Arabia Premium Residency Program

What is the benefit of Premium Residency in Saudi Arabia?

Premium Residency in Saudi Arabia offers numerous benefits, including the right to live, work, and invest in the country. Holders can own various types of real estate, including residential, commercial, and industrial properties, and are permitted to own cars and other private means of transportation. They can issue visit visas for family members, invest in the Saudi Capital Market, and even recruit foreign domestic workers. Additionally, Premium Residency holders have the freedom to enter and exit Saudi Arabia at their discretion and use special immigration lanes at Saudi airports.

How can I get permanent residency in Saudi?

To obtain permanent residency in Saudi Arabia, you can apply for the Premium Residency Program (Saudi Green Card). This program offers permanent residency for a one-time fee of 800,000 Saudi riyals. Applicants must meet certain eligibility criteria, including age, a valid passport, a clean criminal record, proof of financial solvency, and a recent medical report. Once you meet these requirements, you can apply through the official Saudi Premium Residency portal.

How much does Saudi residency cost?

The cost of Saudi residency depends on the type of residency you choose. For the Saudi Premium Residency Program, there are two options:

• Limited Duration Premium Residency: 100,000 SAR annually.
• Permanent Premium Residency: 800,000 SAR as a one-time fee.

What are the residency laws in Saudi Arabia?

Saudi Arabia has specific residency laws governing the Premium Residency Program. These laws outline the eligibility criteria, application process, and benefits associated with premium residency. The program allows foreigners to live and work in Saudi Arabia under certain conditions, providing an opportunity for long-term residence without the need for a Saudi sponsor.

What is the new rules in Saudi Arabia for expatriates

?Saudi Arabia periodically updates its rules and regulations for expatriates. It’s advisable to refer to official government sources or consult with immigration authorities for the most current information regarding expatriate rules and regulations in the country.

How long is Saudi residence visa valid?

The validity of a Saudi residence visa varies depending on the type of visa and the specific conditions set by the Saudi authorities. For Premium Residency, there are options for both limited duration (renewable annually) and permanent residency (indefinite).

Is Saudi Iqama considered as permanent resident?

While a Saudi Iqama (residence permit) allows individuals to reside and work in Saudi Arabia for a specified period, it is not equivalent to permanent residency. The Premium Residency Program offers a pathway to permanent residency in Saudi Arabia.

How long does it take to get a Saudi residence visa?

The processing time for a Saudi residence visa can vary depending on the type of visa, the completeness of the application, and other factors. It typically takes several weeks to several months to process a residence visa application.

How much is the golden visa for Saudi Arabia?

As of the available information, Saudi Arabia has not officially introduced a “golden visa” program. The Premium Residency Program is the primary initiative for granting long-term residency to foreigners.

How much is 1 year visa in KSA?

The cost of a 1-year visa in Saudi Arabia can vary depending on the type of visa and the applicant’s nationality. For specific visa pricing, it is advisable to check with the Saudi embassy or consulate in your home country or refer to official government sources.

Can foreigners buy property in Saudi Arabia?

Yes, foreigners can buy property in Saudi Arabia, except in specific restricted areas such as Mecca, Madina, and border regions. In Makkah and Madina, foreigners can obtain usufruct rights for up to 99 years.

What is the longest visa for Saudi Arabia?

The longest visa option for staying in Saudi Arabia is the Permanent Premium Residency, which offers indefinite residency in the country without the need for annual renewals.

Can I extend my Saudi visa?

The extension of a Saudi visa depends on the type of visa and specific circumstances. For extensions, you may need to contact the Saudi immigration authorities or consult with the relevant government agencies.

What is the minimum salary for family visa in Saudi Arabia?

The minimum salary requirements for a family visa in Saudi Arabia can vary, and they are subject to change based on government regulations. It’s essential to check the latest salary requirements and eligibility criteria with the Saudi authorities or your employer.

How long can foreigners stay in Saudi Arabia?

The duration of stay for foreigners in Saudi Arabia depends on their visa type and the conditions attached to it. Some visas are for short-term visits, while others, like Premium Residency, offer longer-term options.

Can you live with your girlfriend in Saudi?

Unmarried couples living together in Saudi Arabia may face legal and societal challenges, as the country follows strict Islamic laws and cultural norms. It’s essential to understand and respect local customs and laws when considering cohabitation.

Can I live alone in Saudi Arabia?

Yes, individuals, including expatriates, can live alone in Saudi Arabia, subject to visa and residency requirements. Many expatriates live independently in the country.

Can a single woman live alone in Saudi Arabia?

Single women can live alone in Saudi Arabia, provided they meet the visa and residency requirements. However, it’s essential to be aware of local customs and adhere to Saudi laws and regulations.

Is Riyadh safe at night?

Riyadh, the capital of Saudi Arabia, is generally considered safe at night. Like any other major city, it’s advisable to take standard safety precautions, such as staying in well-lit areas and being aware of your surroundings.

Is Jeddah safe at night?

Jeddah, a prominent city in Saudi Arabia, is known for its vibrant nightlife and is generally safe at night. However, as with any city, it’s important to exercise caution and stay aware of your surroundings.

Can I marry a Saudi girl?

Marriage to a Saudi citizen, including a Saudi girl, is possible but subject to specific legal and cultural requirements. It’s advisable to consult with the relevant authorities and understand the legal procedures for marrying a Saudi citizen.

Can a Bangladeshi marry a Saudi?

Marriage between a Bangladeshi citizen and a Saudi citizen is possible but may involve complex legal processes and requirements. It’s essential to consult with local authorities and follow the necessary procedures.

Can I get Saudi citizenship by marriage?

Saudi Arabia has specific criteria for granting citizenship, and marriage to a Saudi citizen alone does not automatically confer citizenship. Citizenship eligibility is determined by various factors, including residency duration and your contributions to the country.

At what age do Saudi girls get married?

The legal age for marriage in Saudi Arabia is 18 years old for both males and females. However, there are exceptions and variations in practice, and some individuals may marry at a younger age with parental consent.

What are the benefits of marrying a Saudi woman?

Marrying a Saudi woman may grant certain privileges, including potential eligibility for residency in Saudi Arabia and access to family-related benefits. However, specific benefits can vary based on individual circumstances and legal requirements.

What is the divorce rate in Saudi Arabia?

The divorce rate in Saudi Arabia can vary over time and among different demographic groups. Factors contributing to divorce rates include social and cultural dynamics, economic conditions, and individual circumstances.

What are the marriage restrictions in Saudi Arabia?

Saudi Arabia has specific marriage restrictions based on Islamic law and local customs. These restrictions include rules related to interfaith marriages, age requirements, and other legal considerations.

Can you get married in Saudi on a tourist visa?

Getting married in Saudi Arabia typically requires specific legal procedures and documentation. Tourist visas are generally not issued for the purpose of marriage, and those planning to marry in Saudi Arabia should follow the appropriate legal channels.

What happens when a Saudi wants to marry a foreigner?

When a Saudi citizen wishes to marry a foreigner, they must adhere to legal and administrative procedures established by the Saudi authorities. These procedures may involve obtaining approvals and fulfilling certain requirements for the marriage to be legally recognized.

Final Words on What is Premium Residency in Saudi Arabia

The Premium Residency Program in Saudi Arabia represents a transformative opportunity for those seeking to experience the Kingdom’s unique blend of tradition and modernity.

Whether you’re a budding entrepreneur, an investor looking for a stable economic environment, or an individual seeking a vibrant cultural experience, the Saudi Premium Residency Program offers a gateway to a land of opportunity.

With a straightforward application process, transparent requirements, and a wealth of benefits, this program welcomes you to explore the remarkable Kingdom of Saudi Arabia and all it has to offer.

Whether you’re drawn by the prospect of business and investment or the allure of vibrant cities and breathtaking landscapes, the Saudi Premium Residency Program can be your key to unlocking a world of possibilities in the heart of the Arabian Peninsula.