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Premium Residency Program

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Premium Residency Program

Full support choosing the right Premium Residency track and completing your and your dependants' application.

  • Free first consultation
  • Licensed by the Ministry of Investment
  • We follow up with every authority to approval

The Kingdom of Saudi Arabia launched the Premium Residency Program, often referred to as the Saudi “Green Card,” in 2019 to boost the competitiveness of its economy and attract entrepreneurs and investors who aim to conduct business legally in the country. This initiative also aims to combat commercial cover-ups, where non-Saudis operate businesses under the license of Saudi citizens or licensed foreign investors.

Initially, the program offered two options:
  1. Limited-Term Residency
    – renewable annually.

  2. Unlimited-Term Residency
    – granting permanent residency.

خلفية فنية للأعمال
In January 2024, Saudi Arabia expanded the program, introducing five new categories:
  • Property Owner
  • Business Investor
  • Entrepreneur Talent
  • Distinguished Competence residencies.
Benefits of Premium Residency

Holders of the Premium Residency and their eligible family members enjoy several privileges:

  • Residing, working, and conducting business activities in Saudi Arabia.
  • Recruiting domestic workers based on personal needs.
  • Issuing visit visas for relatives.
  • Owning property for residential, commercial, or industrial purposes (except in Mecca, Medina, and border areas). Properties in Mecca and Medina can be used under a 99-year usufruct agreement.
  • Investing in the Saudi stock exchange.
  • Owning vehicles and other transport assets.
  • Free entry and exit from Saudi Arabia without restrictions.
  • Using Saudi citizens’ designated airport lanes.
  • Family members retain residency benefits in case of the principal resident’s death.
رجل أعمال في مطار يستعد لدخول السوق السعودي

1.Limited-Term Residency

  • Available for one year (renewable for up to five years).

  • Costs SAR 100,000 annually, with a 2% discount for multi-year payments upfront.

  • Ideal for short-term projects or those exploring Saudi Arabia before committing to permanent residency.

2.Unlimited-Term Residency

  • A one-time payment of SAR 800,000 grants lifetime residency.

  • Includes family members (spouse, children under 25, and parents) without additional fees.

3.Property Owner Residency

  • Granted to those owning residential property worth a minimum of SAR 4 million.

  • Property must be complete, unencumbered, and not under construction.

  • Duration of residency depends on property ownership or usufruct.

4.Business Investor Residency

  • Requires a minimum investment of SAR 7 million and creation of 10 jobs within two years.

  • Applicants must hold a valid investment license and prove their business ownership through official documents.

5.Entrepreneur Residency

  • Reserved for startup founders with investments exceeding SAR 400,000 or SAR 15 million (depending on the subcategory).

  • Grants residency for five years, renewable, or permanent for higher investments.

6.Exceptional Talent Residency

  • Available to top professionals in science, healthcare, research, or management, with a salary between SAR 14,000–80,000.

  • Requires a recommendation letter from their employer.

7.Talent Residency

  • Designed for exceptional individuals in sports, culture, or the arts, with recognition from relevant Saudi entities.

Eligibility Requirements

General requirements include:

  • Valid passport for the applicant and eligible family members (minimum 6 months validity).

  • Clean criminal record.

  • Proof of financial solvency.

  • Medical report confirming good health.

  • Legal residency in Saudi Arabia during application (if applying locally).

مستشار أعمال محترف

Application Steps

  1. Visit the official Premium Residency portal.

  2. Complete the initial application form with personal and passport details.

  3. Verify your email.

  4. Fill out the full application, including education, travel history, and financial details.

  5. Upload the required documents.

  6. Pay the $170 application fee.

  7. Submit and track your application for updates.

Book a call

Pick a time for your free consultation

Book a call straight from the calendar and an adviser will call you at the time you choose.

  • A 30-minute call with a specialist adviser
  • Completely free, no commitment
  • Afterwards you get the steps, documents and expected timeline for your case

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Start with a free consultation

Tell us about your business and we’ll map the right path, the documents you need and the expected timeline — before you pay anything.