Saudi starts offering permanent residency for expats

Saudi starts offering permanent residency for expats
24/06/2019 , by , in INTERNATIONAL

Saudi Arabia is now accepting online applications for its permanent residency program for expats. As the previous reports suggested, the permanent residency will cost SAR 800,000 ($213,000) and the one-year renewable residency will cost SAR 100,000 ($27,000). The residencies according to website of Premium Residency Center (PRC), which manages the initiative, are named Unlimited Duration Premium Residency (SP-1) and Limited Duration Premium Residency (SP-2).

The previous unofficial terms we’ve been hearing about these residencies include Special Privilege Iqama and Saudi Green Card. The premium residency will allow holders to work in Saudi Arabia having a sponsor (commonly known as kafeel), own real estate, ability to travel out of Saudi without an exit re-entry visa, hire domestic workers and obtain visit visa for their relatives.

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