27/06/2025
The Saudi Premium Residency, often to as the "Saudi Green Card," is a special residency programme that offers expats long-term residency with rights and opportunities. It allows greater independence, property ownership, and investment prospects without the need for a local sponsor.
Introduced in 2019 under the Vision 2030 reform plan, this initiative aims to attract skilled professionals, investors, and entrepreneurs to contribute to the Kingdom's growing non-oil economy.
What is the Saudi Premium Residency?
The Saudi Premium Residency is a special visa that enables foreign nationals to live, work, and own property in the Kingdom. Unlike standard residency permits, it does not require sponsorship (Kafala) from a Saudi citizen or employer.
Key benefits
Holders of the Saudi Premium Residency enjoy a range of exclusive privileges
Freedom to live and work in Saudi Arabia
Full ownership of real estate
Right to establish and manage businesses
Sponsor dependents and domestic workers
Apply for premium residency for family members
Fee-free international money transfers
Host and invite relatives with ease
Visa-free entry and exit
Access public healthcare and education
No employer restrictions on job mobility
Own and license vehicles and transport
How Much Does It Cost?
Choose from two flexible options:
Unlimited Duration Residency
One-time fee: SAR 800,000
Valid for life
One-Year Renewable Residency
Annual fee: SAR 100,000
Renew every year as needed
Who can apply?
The programme is open to:
Foreign investors and entrepreneurs
Skilled professionals (doctors, engineers, IT experts)
Property owners in Saudi Arabia
High achievers in sports, arts, and academia
Retired expatriates with a stable income
