The 2019 Saudi Premium Residency program provides a unique opportunity for individuals seeking residency and investment options in Saudi Arabia. This program includes various avenues for investment, particularly in real estate, allowing participants to explore diverse property options. Additionally, it features flexible visa terms that cater to the needs of residents, making it an attractive choice for those looking to establish a presence in the Kingdom.

The Saudi Premium Residency allows foreigners to live, work, and conduct business in Saudi Arabia with benefits similar to citizens. Key advantages include tax exemptions, freedom of movement, job flexibility, and family inclusion. It offers a path to citizenship after 10 years and the ability to own and rent real estate.

Saudi Arabia Residence Cost by Duration

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Limited Stay Residency 1-5 Years

For those who are only conducting business short term, there are Saudi residency options for about 100,000 SAR a year with other fees to be paid during the application process. 

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Unlimited Duration Premium Residency

For those seeking permanent residency in Saudi Arabia and want the status of their residency to fully extend to their family, the Unlimited Duration Premium Residency offers the full package for just an 800,000 SAR fee.

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Special Talent Residency

Researchers and Healthcare professionals who want residency require the necessary work experience, academic qualifications, and employer recommendation letters to apply. Researchers must earn a minimum of SAR 14,000 monthly, while Healthcare and Scientific Professionals should earn SAR 35,000 monthly. 

Executive-level professionals, on the other hand, must secure a total monthly wage of at least SAR 80,000 and provide a recommendation letter from their employer.

This qualifies special talent for a 5 year Saudi residency program through employment which can become permanent for those eligible. 

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Gifted Residency

Recognized gifted artists and specialists who meet all criteria of the Ministry of Sports and Culture and have an income to meet their cost of living can gain Saudi residency for 5 years with an option to extend. 

Residency Through Investment

For those holding an investment license, permanent Saudi residency can be acquired by investing a minimum of 7 million SAR in economic activities in Saudi within the Investment Law within the first two years as well as creating 10 jobs.

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Residency through Property Investment

Saudi Arabian residency can be earned by purchasing already developed residential real estate assets worth a minimum of SAR 4,000,000 that are free from mortgages and are approved by the Saudi Authority for Accredited Valuers “Taqeem.”