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Premium Residency
What is Premium Residency in Saudi Arabia?
Saudi Arabia’s Premium Residency, or the Saudi Green Card, allows expatriates to live, work, and invest in the Kingdom without a local sponsor. With benefits like property ownership, business opportunities, and family sponsorship, it offers unmatched flexibility. Available as lifetime or annual renewable permits, it is open to investors, skilled professionals, and retirees. This streamlined program aligns with Vision 2030, fostering a more open and dynamic economy.
Advantages of Premium Residency
in Saudi Arabia
The Premium Iqama offers a host of benefits designed to enhance the living and working experience of expatriates in Saudi Arabia.The Premium Iqama not only streamlines your residency but also provides significant opportunities for personal and professional growth in one of the fastest-growing economies in the region.Here are some key advantages:
Types of Premium Residency Visas
Limited Duration Premium Residency
A temporary residency for eligible individuals, ideal for short-term projects, investments, or exploring Saudi Arabia’s business and lifestyle.
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Eligibility
• Valid reason (employment, business, education, or medical treatment).
• Compliance with Saudi Premium Residency criteria. -
Duration
Fixed residency of 1-5 years.
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Renewal
Renewal options available based on purpose and compliance.
Unlimited Duration Premium Residency
Offers permanent residency for eligible individuals, enabling full integration into Saudi society and long-term benefits.
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Eligibility
• Must meet general Premium Residency requirements.
• May require capital investment or economic contribution. -
Duration
Permanent residency with no expiration. -
Renewal
Indefinite stay with no need for renewal.
Investor Residency
Aimed at investors looking to establish and grow their business in Saudi Arabia, one of the world’s fastest-growing economies offering lucrative investment opportunities.
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Eligibility
• Investment of at least SAR 7,000,000 in economic activities in Saudi Arabia, with a valid investment license from MISA.
• Valid Commercial Registration and a Memorandum of Association showing investor shares. -
Duration
The residency is available for a 5-year term, renewable, or permanent residency (conditional for the first 2 years). The duration depends on the investment value. -
Renewal & Permanent Residency
For permanent residency, investors must inject at least SAR 7,000,000 and create 10+ jobs within the first 2 years of residency.
Real Estate Owner Residency
For foreign real estate owners in Saudi Arabia who wish to reside in the country while benefiting from its real estate market and high quality of life.
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Eligibility
• Own real estate worth at least SAR 4,000,000
• Property is free from mortgages
• Property must be residential, developed, and appraised by an accredited valuer
• No association with real estate financing -
Duration
Residency duration is linked to property ownership. -
Renewal & Permanent Residency
Residency can be renewed indefinitely as long as ownership and eligibility criteria are maintained.
Gifted Residency
For skilled professionals and talent in cultural and sports sectors.
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Eligibility Criteria
First Category
• Nominated for/recipient of exceptional award
• Recommendation from Ministry of Culture/Sport
• Meets financial criteria
Second Category
• Meets minimum eligibility criteria from Ministry
• Recommendation from Ministry of Culture/Sport
• Meets financial criteria -
Duration
5-year fixed-term residency. -
Renewal & Permanent Residency
• Renewable once after 30 months of residency.
• Permanent residency possible with Ministry endorsement.
Special Talent Residency
Designed for exceptional professionals in executive leadership, healthcare, science, and research to contribute to local development and knowledge exchange.
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Eligibility Criteria
• Researchers
1. Employment contract from an approved entity
2. SAR 14,000+ monthly wage
3. Bachelor’s degree minimum
4. 3+ years relevant work experience
5. 3+ research publications
6. Recommendation letter
7. Minimum points score
• Healthcare/Scientific Professionals
1. Employment contract from an approved entity.
2. SAR 35,000+ monthly wage
3. Bachelor’s degree minimum
4. Minimum points score
5. 3+ years relevant work experience
6. Recommendation letter
• Executives
1. Employment contract (Level 1 or 2)
2. SAR 80,000+ monthly wage
3. Recommendation letter (Level 2) -
Duration
5-year fixed-term residency. -
Renewal & Permanent Residency
Renewable for one term, with potential for permanent residency upon meeting the criteria.
Entrepreneur Residency
Designed for entrepreneurs, startup owners, and innovators to develop businesses and sectors in Saudi Arabia. Entrepreneurs can nominate two staff for Special Talent Residency, exempt from eligibility criteria. Aimed at supporting the Kingdom’s economic transformation.
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Eligibility
First Category
• Entrepreneur license from Ministry of Investment
• SAR 400,000 investment from an accredited entity
• Recommendation letter from your investment entity
• 20% minimum share in the company
Second Category
• Entrepreneur license from Ministry of Investment
• SAR 15,000,000 investment from an accredited entity
• Recommendation letter from your investment entity
• 10% minimum share in the company
• Create 10 jobs in the first year, 10 more in the second year -
Duration
First Category
• 5-year fixed-term residency, with the option to renew after 30 months
• Second Category
• Pathway to permanent residency after meeting job creation requirements -
Renewal & Permanent Residency
First Category
• Renewable after meeting eligibility for 30 months in 5 years
Second Category
• Achieve permanent residency after meeting job creation criteria
Key Requirements for Premium Residency in
Saudi Arabia
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Minimum Age
At least 21 years old at application.
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Good Health
Medical exam required; no contagious diseases.
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Clean Criminal Record
No criminal convictions or serious offenses.
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Financial Solvency
Proof of sufficient financial resources for yourself and dependents.
Eligible Dependents for Saudi
Premium Residency
The Saudi Premium Residency fees
by category
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Special Talent Residency
SAR 4,000.
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Gifted Residency
SAR 4,000.
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Investor Residency
SAR 4,000.
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Entrepreneur Residency
SAR 4,000.
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Real Estate Owner Residency
SAR 4,000.
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Limited Duration Premium Residency
SAR 100,000 per year (with a 2% reduction per year on an accumulative basis).
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Unlimited Duration Premium Residency
SAR 800,000.
Required Documents for Saudi Premium
Residency Application
Passport Copies
Clear copies of personal information and validity pages.
Personal Photos
Two recent passport-sized photos with a white background.
Proof of Financial Capacity
Certified proof of income, company registration, financial statements, or bank statement.
Medical Report
Certified report confirming good health and no contagious diseases.
Iqama Number
Provide if currently or previously in Saudi Arabia.
Proof of Address
Utility bill or similar document.
Previous Visas
Copies of any Saudi visas from the last 15 years.
How Arab Dreams Can Assist You in Securing
Premium Residency
Eligibility Assessment
We evaluate your profile to ensure you meet the criteria for Premium Residency, including financial and personal requirements.
Document Preparation
Our team assists in gathering, reviewing, and certifying all required documents, ensuring compliance with Saudi regulations.
Application Submission
We handle the entire application process, submitting your documents through the official channels for timely processing.
Follow-Up Support
We provide regular updates on the status of your application and address any additional requirements promptly.
Residency Renewal Assistance
We offer ongoing support for renewing your Premium Residency, ensuring you meet renewal criteria and submit all necessary documents on time.
Family Sponsorship Guidance
We help you navigate the process of sponsoring eligible dependents, including spouses, children, and parents, under your Premium Residency.
We Operate in All Major Cities Of Saudi Arabia
Arab Dreams is your premier partner in navigating the complexities of premium residency in Saudi Arabia. With a strategic presence in key cities, we offer tailored solutions designed to meet your unique business and lifestyle aspirations.
Premium Residency in Jeddah
As your dedicated partner in Jeddah, Arab Dreams provides personalized services to help you secure premium residency tailored to your needs. We ensure compliance with local laws while maximizing your residency benefits, connecting you with valuable local resources for an enhanced experience.
Premium Residency in Riyadh
Located in the heart of Saudi Arabia, Arab Dreams offers customized solutions for premium residency in Riyadh. We handle everything from document preparation to communication with government entities, ensuring your application is smooth and efficient, allowing you to thrive in this dynamic capital.
Premium Residency in Dammam
In Dammam, Arab Dreams simplifies the residency application process, ensuring a seamless experience. Our expert team offers guidance on local regulations and connects you with the right authorities, making your transition effortless, whether you're an investor or skilled professional.
Interested in exploring the Premium Residency program in Saudi Arabia?
With exclusive benefits and opportunities for expatriates, this program can enhance your living and working experience in the Kingdom. Contact us today to learn more about how you can apply
FAQ
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Can Premium Residency holders work in Saudi Arabia?
Yes, they can work, invest, and engage in business activities without needing a local sponsor or employer.
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Is owning property allowed with Premium Residency?
Yes, Premium Residency holders can own residential, commercial, and industrial properties in most areas of Saudi Arabia.
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How long does it take to get Premium Residency?
The application process typically takes 30 to 90 days, depending on documentation and government approval timelines.
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Can Premium Residency be transferred or inherited?
No, Premium Residency is non-transferable and cannot be inherited.
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How can Arab Dreams help with Premium Residency applications?
Arab Dreams can assist with the entire Premium Residency application process, including:
• Eligibility Assessment: Evaluating your eligibility for the program.
• Document Preparation: Preparing and submitting the required documents.
• Application Submission: Submitting the application to the relevant authorities.
• Follow-up and Tracking: Monitoring the application status and providing updates.
• Post-Approval Support: Assisting with post-approval procedures, such as obtaining residency permits and visas. -
What are the costs associated with Premium Residency?
The costs associated with Premium Residency can vary depending on individual circumstances. They may include application fees, government fees, and legal fees.
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How long does the Premium Residency application process take?
The processing time for Premium Residency applications can vary. However, with the help of Arab Dreams, we strive to expedite the process and minimize any delays.
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Can I bring my family members to Saudi Arabia under the Premium Residency program?
Yes, you can bring your family members to Saudi Arabia under the Premium Residency program. However, there may be specific requirements and conditions for family members to obtain residency permits.
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What support does Arab Dreams provide for Premium Residency?
Arab Dreams offers complete assistance, including application preparation, documentation, financial guidance, and ongoing advisory support to ensure a smooth process.