Discover the Benefits of Saudi Arabia’s Premium Residency for Foreign Investors and Entrepreneurs

If you’re considering relocating to Saudi Arabia, you might want to consider the Premium Residency Visa Service. This is a new service that the Saudi government has launched in 2019 to attract more foreign investments and entrepreneurs in the country. The Premium Residency Visa Service is a long-term visa that allows you to stay in Saudi Arabia for up to 10 years.

To be eligible for the Premium Residency Visa, you need to meet one of the following criteria:

  • You have investments worth at least SAR 18 million (approximately USD 4.8 million) in the country.

  • You have a company that employs at least five Saudi nationals and generates a yearly revenue of at least SAR 100 million (approximately USD 26.6 million).

  • You have special skills or talents that are considered valuable to the country’s economy, such as scientists, innovators, and artists.

The Premium Residency comes with several benefits

  • The ability to enter and exit the country without the need for additional visas.

  • The ability to own property and vehicles in the country.

  • The ability to sponsor visas for family members.

  • The ability to work in the country without the need for a local sponsor.

  • The ability to travel to other Gulf Cooperation Council (GCC) countries without the need for additional visas.

If you’re interested in applying for the Premium Residency Visa Service, Click International is here to help through entire process. The application process is straightforward, and you’ll need to provide evidence that you meet the eligibility criteria. Once approved, you’ll receive a Premium Residency Visa that is valid for up to 10 years.