Premium Residency Saudi Arabia
In October 2025, Saudi Arabia made important updates to its Premium Residency Scheme, a program designed to attract foreign nationals who wish to live, work, and invest in the kingdom without the need for a local sponsor. Whether you are looking for a permanent stay or a renewable residency, this program provides various opportunities for skilled professionals, business owners, and investors.
This article will walk you through the latest updates to the Premium Residency Scheme, explaining the types of residency available, the benefits, the eligibility requirements, and how you can apply.
Types of Premium Residency Saudi Arabia
Saudi Arabia offers two types of Premium Residency: Permanent Residency and Renewable Residency. Let’s break them down:
1. Permanent Residency
- One-Time Payment: The Permanent Residency option requires a one-time payment of SAR 800,000 (approximately US$213,000).
- Lifetime Residency: Once you make the payment, you receive lifelong residency, allowing you to live and work in Saudi Arabia without the need for a local sponsor.
- No Renewal Required: Unlike the Renewable Residency, this option does not require any yearly renewal, making it a hassle-free long-term choice for those looking for permanent stay.
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2. Renewable Residency
- Annual Fee: For those looking for a more flexible option, the Renewable Residency comes with an annual fee of SAR 100,000 (approximately US$ 26,700).
- Renewal: This residency is renewable every year, making it a suitable choice for people who wish to reside in Saudi Arabia for an extended period but do not want a permanent commitment.
Key Benefits of Premium Residency in Saudi Arabia
The Premium Residency scheme offers a variety of advantages to foreign nationals who obtain residency under the program. Here’s a breakdown of the key benefits:
1. No Sponsor Required
- The most significant advantage of the Premium Residency scheme is that you do not need a sponsor to live, work, or run a business in Saudi Arabia. This gives you complete independence, unlike traditional residency permits that require sponsorship from a Saudi individual or employer.
2. Property Ownership
- With Premium Residency, you can purchase property in Saudi Arabia, excluding specific areas such as Mecca, Medina, and border regions. This opens up opportunities for foreigners to invest in real estate and become part of the kingdom’s growing economy.
3. Work and Business
- Premium Residency holders have the right to work and run businesses in Saudi Arabia without needing a sponsor. Whether you’re an entrepreneur, professional, or investor, this scheme allows you to build your career or establish a business in the country.
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4. Family Sponsorship
- The scheme also offers facilitated residency for your spouse and children, meaning your family can join you in Saudi Arabia, giving you peace of mind that your loved ones are well-supported.
5. Free Movement Within the Kingdom
- No visa requirements are needed for moving freely within Saudi Arabia. This benefit enhances the convenience and flexibility of living in the country.
6. Access to Services
- As a Premium Resident, you gain access to banking, education, and medical services, making it easier to live and work in Saudi Arabia without any significant restrictions.
7. International Money Transfers
- Premium Residency holders are permitted to transfer money abroad, making it easier to manage finances and support family members in other countries.
Exclusions and Limitations
While the Premium Residency scheme provides a lot of benefits, it’s important to note that certain rights are not granted under this program:
- No Saudi Citizenship: Holders of Premium Residency are not eligible for Saudi citizenship.
- No Voting Rights: As a resident, you will also not have the right to vote in any Saudi elections.
These exclusions are important to keep in mind when considering the Premium Residency program.
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Eligibility Requirements for Premium Residency
To qualify for the Premium Residency scheme, applicants must meet the following criteria:
1. Age Requirement
- Applicants must be at least 21 years of age to apply for the residency program.
2. Valid Passport
- You must possess a valid passport with sufficient remaining validity for the duration of your intended stay.
3. Clean Criminal Record
- Applicants should have no criminal record in their home country or in Saudi Arabia.
4. Medical Fitness
- Applicants must be medically fit and provide relevant medical documentation to prove their health status.
5. Legal Entry into Saudi Arabia
- You must have entered Saudi Arabia legally, either on a tourist visa, business visa, or other valid entry permits.
6. Proof of Stable Income or Capital
- You will need to show stable income or capital through bank statements or financial records to demonstrate your ability to support yourself while living in the country.
How to Apply for Premium Residency
If you meet the eligibility criteria and are interested in applying for the Premium Residency scheme, follow these steps:
1. Create an Account
- First, visit the official Saudi Premium Residency website at pr.gov.sa. You’ll need to create an account to begin your application process.
2. Fill Out the Application Form
- Once registered, complete the online application form, providing personal details, residency preferences, and other relevant information.
3. Upload Required Documents
- You will need to upload various documents, such as your passport, medical report, proof of income or capital, and other necessary forms. Make sure all documents are clear and up to date.
4. Pay the Fees
- After submitting your application, you will need to pay the applicable fees based on your choice of residency (Permanent or Renewable). Ensure that the payment process is completed as instructed.
5. Wait for Confirmation
- Once your application is submitted, the decision will typically take 1 to 3 months. You will be notified of the decision and any additional steps required to complete your residency process.
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Why Saudi Arabia Introduced the Premium Residency Scheme
The introduction of the Premium Residency scheme aligns with Saudi Arabia’s long-term economic diversification plans. By attracting global investors, skilled professionals, and business owners, the kingdom hopes to boost its economy, create job opportunities, and improve international relations. The scheme is a part of Saudi Arabia’s efforts to make the country an attractive destination for foreign talent and investment.