Saudi Arabia Premium Residency

Saudi Arabia Premium Residency provides foreign nationals with a clear pathway to long-term or permanent residency in the Kingdom, offering greater independence, flexibility, and access to one of the region’s fastest-growing economies. 

Program Overview

Saudi Arabia is undergoing rapid economic transformation under Vision 2030, positioning itself as a global hub for investment, innovation, and business. 

Premium Residency enhances this vision by offering foreign nationals long-term stability, business freedom, and access to a high-growth market in the Middle East. 

Key Details

Investment 

  • 100,000 SAR annual fee (Limited Duration Residency)  
  • 800,000 SAR one-time fee (Unlimited Duration Residency)  

 

Key Benefit 

The right to live, work, and invest in Saudi Arabia without a local sponsor, with the option to include eligible family members 

Residency by Investment Overview

Under the Saudi Arabia Premium Residency Law, eligible applicants can obtain residency either on a renewable basis or as permanent residents, without the need for a local sponsor. 

The program is designed to attract investors, entrepreneurs, and highly skilled individuals by enabling them to live, work, and invest freely in Saudi Arabia while benefiting from its strategic location, economic transformation, and modern infrastructure. 

Application Process

The process includes: 

  1. Preparation of required documentation  
  1. Submission through the official Premium Residency portal  
  1. Payment of applicable fees  
  1. Government review and approval  
  1. Issuance of residency status  

Once approved, applicants receive residency that allows them to live, work, and invest in Saudi Arabia without sponsorship. 

Key Benefits

  • High standard of living in a rapidly modernizing environment  
  • Access to world-class healthcare and education  
  • Ability to include family members, including parents  
  • Freedom to conduct business and investment activities  
  • Right to own real estate in Saudi Arabia  
  • Visa-free entry and exit from the Kingdom  
  • Exemption from expatriate and dependent fees  
  • Ability to host and invite relatives  
  • Access to dedicated airport lanes for residents  

Residency Options

Applicants may qualify under one of the following: 

  1. Special Talent Residency
  • For professionals in healthcare, science, and research  
  • Valid for 5 years, renewable once  
  • Pathway to permanent residency  

 

  1. Gifted Residency
  • For individuals with exceptional achievements in culture or sports  
  • Based on official nomination or approved criteria  
  • Valid for 5 years, renewable once  
  • Pathway to permanent residency  

 

  1. Investor Residency
  • Minimum investment of 7,000,000 SAR (ownership share)  
  • Valid commercial registration required  
  • Minimum 10 employees linked to the investment  
  • Proof of ownership through official documentation  
  1. Entrepreneur Residency

Category 1: 

  • Minimum 400,000 SAR investment round  
  • At least 20% equity ownership  
  • Valid for 5 years, renewable  

Category 2: 

  • Minimum 15,000,000 SAR investment round  
  • At least 5% equity ownership  
  • Permanent residency granted (subject to job creation)  

 

  1. Real Estate Owner Residency
  • Minimum property value: 4,000,000 SAR  
  • Property must be fully owned (no mortgage)  
  • Must be appraised by an accredited valuer  
  • Residency valid as long as ownership is maintained  

 

  1. Limited Duration Premium Residency
  • Annual fee of 100,000 SAR  
  • Valid for 1 year, renewable  

 

  1. Unlimited Duration Premium Residency
  • One-time fee of 800,000 SAR  
  • Grants permanent residency  

Eligibility Requirements

Applicants must: 

  • Hold a valid passport  
  • Demonstrate financial solvency  
  • Provide a clean criminal record  
  • Meet the specific criteria of the selected residency category  

Residency Conditions

  • Residency validity depends on the selected category  
  • Investment or eligibility conditions must be maintained  
  • Family members can be included under the same residency  

Frequently Asked Questions (FAQ'S)

A program that grants foreign nationals long-term or permanent residency without requiring a local sponsor. 

Starting from 100,000 SAR annually or 800,000 SAR one-time for permanent residency. 

Yes. Applicants can include spouses, children, and parents. 

No strict minimum stay requirement applies, depending on the category. 

Yes. Premium Residency holders are allowed to own real estate. 

Start Your Application

Saudi Arabia offers one of the most flexible and strategically positioned residency programs in the Middle East. 

Speak with McKinsey today to assess your eligibility and secure your residency in the Kingdom.