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

LIFE | Saudi Arabia To Deliver First Batch Of Premium Residency Next Month

Saudi Arabia is expected to deliver the first batch of premium residence permits in mid-November. The Saudi government announced in June that it would start receiving application for those who wish to obtain special residency through the comprehensive electronic platform, SAPRC. The premium residency offers two options: the first: a permanent residency in Saudi Arabia,  … Continue reading LIFE | Saudi Arabia To Deliver First Batch Of Premium Residency Next Month