Saudi Arabia Premium Residency - Saudi Golden Visa
The Saudi Premium Residency - known as Golden Visa, offers a variety of so-called products or options, for different types of gifted individuals and investors.
3 months
average processing
Investment amount
1,000,000 USD
Visa free countries
GCC Member States
Passing Citizenship to Future Generation
About Program
The Saudi Premium Residency, globally known as a Golden Visa, offers a variety of so-called products or options, for different types of gifted individuals, investors and working professionals to live in the kingdom with a golden visa for 2, 5, or 10 years, and even permanent residency. The initial investment conditions vary on whether you are a licensed investor, working professional, or buying real estate. Real estate and business investments require a minimum of 4-7 million SAR, about 1 to 2 million USD, while year-long residencies come as affordable as 100,000 SAR.
With a Saudi residence permit, you can freely travel in and out of the kingdom, conduct business, and take advantage of some benefits previously only available to citizens. Ranked as one of the safest countries in the world, with a strong economic growth diversifying out of its large oil reliance, it is no surprise that many seek a Saudi premium residency through investment.
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Program Benefits
The Saudi Arabia residency program offers numerous ways for foreigners all over the world to live, work, and conduct business in this global financial capital. It offers skilled individuals and diverse investors a chance to enjoy some of the same benefits as citizens.
1. Tax Exemptions
With Saudi Premium Residency, you don’t have to worry about expat taxes on your income and your dependents. You will have an upper hand on expats with the tax benefits close to that of citizens.
2. Mobility
With permanent residency in Saudi Arabia, you have the freedom to move around within the country, switch jobs, and come and go with your family as you please. You and your family can also enjoy flight tracks previously reserved just for citizens.
3. Family Inclusion
Reside in Saudi with family members, including parents, spouses, and children under 25. Those who do not want residency can just get visiting family visas for easy travel to the country.
4. Path to Saudi Citizenship
After living in the country for 10 consecutive years, becoming familiar with the Arabic language, and meeting all other qualifications, you may be eligible for Saudi citizenship and can apply.
5. Owning Real Estate
A whole world of real estate opportunities opens up to premium residents of Saudi Arabia. With a golden visa, residents can buy and rent out property wherever they please.
Requirement and Eligibility
Investment Amount
The investor must invest a minimum of SAR 4,000,000 into purchasing an already developed property that is free from mortgages or SAR 7,000,000 into the economy to create at least 10 jobs.
Family Members
The residency extends to a spouse, children under 25, as well as parents.
Criminal Record
The applicant must prove that they do not have a criminal record in any country where he or she has resided.
Investment Options
About
Saudi Arabia
Known for its oil-based economy, Saudi Arabia is diversifying under Vision 2030, focusing on sectors like tourism, technology, and entertainment. The country offers numerous incentives for foreign investors, especially in its new mega-projects like NEOM. Rich culture, historical sites, and stunning desert landscapes enhance its appeal.
Capital
Riyadh
Total Area
2,149,690 km2
Population
34,110,821
Language
Arabic
Timeline
The process of obtaining residency through investment involves key steps like consultation, document preparation, investment selection, and approval. The timelines vary from country to country and with professional support from Mirabello consultancy, your journey will be tailored to meet your needs.
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Country taxes
Country dual citizenship
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Citizenship Acquisition Process
Acquiring a premium residency in the Kingdom of Saudi Arabia is a clear-cut process with well-defined requirements.
Step 1. Due Diligence
The first thing in considering applying for permanent residency in Saudi Arabia is knowing if you are going to be qualified. You need a qualified professional guide to consult you through the process, check your qualifications, and keep your expectations grounded in reality.
Step 2. Property or Investment Selection
It is important to scout out what available investments you can make in Saudi Arabia for permanent residency. Those with investment licenses can search for approved opportunities through The Investment law. Those seeking property can learn more about what kinds of properties qualify for real estate investment for permanent residency. Our team has specialists ready to advise you on what to look for.
Step 3. Documentation and Application Process
After due diligence is cleared and your background check clears, your specialist will help you get your paperwork in order. All of your original documents need to be translated, notarized, and sent to be checked over by our notary specialists to make sure everything is in order.
Step 4. Health Checkup
Saudi Arabia, along with other Gulf countries, requires their permanent residency applicants to go for a medical examination to check for infections and diseases. This has to be completed 6 months before finishing the application process.
Step 5. Complete Residency Application
Once all the preliminary work is done, you will finally submit the final part of your Saudi premium residency application, which we will assist you with throughout the process, to make sure everything goes through smoothly. Once all of your biometric data is submitted along with all of your paperwork, you can expect your Saudi permanent premium residency to be available anywhere from one to three months.
Step 6. Apply to the Saudi Premium Residency
Start your Saudi Premium Residency Application today by clicking on this APPLY NOW.
Have questions? We have answers
How much does it cost to get residency in Saudi Arabia?
Yearly residency comes around at 100,000 SAR (about 30,000 USD) plus fees every year while premium permanent residency starts at 4,000,000 SAR (about 1,000,000 USD). There are much stricter requirements for acquiring permanent residency through investment or real estate, so it is best to consult with a professional agent.
What can I do with Premium Residency in Saudi Arabia?
Those who hold Premium Residency in Saudi Arabia can enjoy purchasing property, moving as they please, and changing employment. They are not tied down to any sponsors and can take advantage of benefits citizens can enjoy like investment laws, preferred air travel, and lower taxes.