BUSINESS | Saudi Arabia Grants First Permanent Residencies To Foreigners

RIYADH/SAUDI ARABIA – Saudi Arabia has granted “premium” residency to 73 foreigners as part of its efforts to attract foreign investment into the country. The Kingdom said it received thousands of applications after offering permanent residency for a one-time fee of 800,000 riyals (U.S. $213,301), and an annual renewable “premium” residency for 100,000 riyals per … Continue reading BUSINESS | Saudi Arabia Grants First Permanent Residencies To Foreigners

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