Premium Residency in Saudi Arabia
Live, work and invest in Saudi Arabia without a Sponsor
What is Premium Residency in Saudi Arabia (Premium Iqama)?
Premium Residency, often known as the Saudi Green Card, is a special permit intended for foreign nationals. This residence permit allows you to live, work, and own businesses or properties in Saudi Arabia without requiring a local sponsor. It is an ideal option for individuals looking to stay in the Kingdom for a longer period of time and take advantage of everything it has to offer.
What You Gain from Premium Residency
When you choose Premium Residency in Saudi Arabia, you gain access to numerous privileges that will improve your life in Saudi Arabia:
Live Long-Term
You can choose between permanent residency, which permits you to stay eternally, and temporary residency, which can be renewed.
Travel freely
With this residency, you can enter and exit Saudi Arabia without the need for specific exit or re-entry permits. This gives you more freedom to go whenever you choose.
Own Property
You can buy both residential and commercial properties in most areas of Saudi Arabia. (Note: Certain restrictions apply in Mecca and Medina.)
Invest and Work
You can create your own firm and work without a Saudi sponsor. This opens up various opportunities for entrepreneurs.
Healthcare and Education
You and your family get access to high-quality healthcare and educational institutions.
Family Visas
You can simply bring your family to visit you, which makes it easier to stay in touch with loved ones.
What are the types of Premium Residency in Saudi Arabia?
Types of Premium Residencies in Saudi Arabia
Choose the one that better suits you needs:
Special Talent Residency in Saudi Arabia
For specialists in healthcare, science, research, or leadership roles. Lets experts make contributions to Saudi’s development.
Gifted Residency in Saudi Arabia
For artists, athletes, and cultural talents. Promotes creativity and integration in society.
Investor Residency in Saudi Arabia
For business owners who invest at least 7 million SAR and generate 10+ jobs. Offers Permanent Residency in exchange for investment.
Entrepreneur Residency in Saudi Arabia
Helps start-up founders and innovators. Assists in starting businesses in Saudi Arabia’s expanding economy.
Real Estate Owner Residency in Saudi Arabia
Must own at least 4 million SAR in developed residential property. Residency will continue as long as you own the property.
Limited Duration Residency in Saudi Arabia
Ideal for trying business opportunities or short-term stays. It’s renewable annually or every 1-5 years and costs 100,000 SAR annually.
Unlimited Duration Residency in Saudi Arabia
Ideal for long-term settlers. There’s a one-time fee of 800,000 SAR.
Apply For Premium Residency Now
Required Documents for Getting Premium Residency in Saudi Arabia?
Setting up a branch office in Saudi Arabia involves specific financial and operational obligations essential for legal and regulatory compliance. These requirements ensure that foreign companies demonstrate financial stability, long-term commitment, and adherence to local laws while operating in the Kingdom
Special Talent Residency in Saudi Arabia
Researchers: SAR 14,000
Healthcare/Science: SAR 35,000
Executives: SAR 80,000
Gifted Residency in Saudi Arabia
Nominated for or received a special award
Recommendation from Ministry of Culture or Ministry of Sports
Meet the minimum criteria specified by the Ministry of Culture or Sports
Recommendation from relevant ministry
Investor Residency in Saudi Arabia
Entrepreneur Residency in Saudi Arabia
Minimum SAR 400,000 investment from an approved venture capital or incubator
Recommendation letter from investment entity
Minimum 20% ownership in the country
Minimum SAR 15,000,000 investment from an approved entity
Recommendation letter from investment entity
At least 10% ownership in the company
Create at least 10 jobs in the first year and 10 more in the second year
Real Estate Owner Residency in Saudi Arabia
Limited Duration Residency in Saudi Arabia
Unlimited Duration Residency in Saudi Arabia
What are the types of Premium Residency in Saudi Arabia?
Types of Premium Residencies in Saudi Arabia
Choose the one that better suits you needs:
Special Talent Residency in Saudi Arabia
For specialists in healthcare, science, research, or leadership roles. Enables experts to make contributions to Saudi’s development while living and working independently.
Gifted Residency in Saudi Arabia
For artists, athletes, and cultural talents. Promotes creativity and integration in society.
Investor Residency in Saudi Arabia
For business owners who invest at least 7 million SAR and generate 10+ jobs. Offers Permanent Residency in exchange for investment.
Entrepreneur Residency in Saudi Arabia
Helps start-up founders and innovators. Assists in starting businesses in Saudi Arabia’s expanding economy.
Real Estate Owner Residency in Saudi Arabia
Must own at least 4 million SAR in developed residential property. Residence will continue as long as you own the property.
Limited Duration Residency in Saudi Arabia
Ideal for trying business opportunities or short-term stays. It’s renewable annually or every 1-5 years and costs 100,000 SAR annually.
Unlimited Duration Residency in Saudi Arabia
Ideal for long-term settlers. There’s a one-time fee of 800,000 SAR.
What Documents Do You Need to Apply?
To ensure your application is successful, have these documents ready:
- Scans of your passport
- Identification documents like birth and marriage certificates (if applicable)
- Recent bank statements showing your financial status
- If you are currently employed, your employment contract is required
- Any other supporting documents for your application
Schedule Free Consultation with our Business Advisor
Our team of seasoned business setup specialists is ready to support you every step of the way. Schedule your FREE consultation call today and get clear answers to your most important questions.
- Which business structure best aligns with your goals?
- Which Saudi jurisdiction is the best fit for your business type?
- How can your business take advantage of Saudi Arabia’s tax benefits?
- What are the essential steps to ensure a successful business formation?
Frequently asked questions (FAQs)
SetupZ is committed to assisting you in successfully getting the Premium Residency program in Saudi Arabia!
What are the advantages of Premium Residency.
Premium residence provides various benefits, including the ability to live without a local sponsor, own property, and access healthcare and education services.
Who is eligible to apply?
Anyone with a valid passport and sufficient financial resources can apply; specific criteria vary depending on the type of residency chosen.
Which documents are required?
You will need passport scans, ID documents such as birth certificates or marriage certificates if applicable, bank statements showing financial stability, employment contracts if applicable, and any other required documents.
How long does the application process take?
The time varies depending on your specific circumstances; however, our team at SetupZ works hard to speed up your application process as much as possible.
The time varies depending on your specific circumstances; however, our team at SetupZ works hard to speed up your application process as much as possible.