Premium Residency Visa Saudi Arabia

Premium residency visa Saudi Arabia has become a topic that occupies the minds of many residents in the Kingdom, especially those seeking to correct their commercial status or start their business legally away from cover-up practices. There are also those who seek to benefit from the advantages of premium residency, such as permanent residency and other privileges. Due to the increasing questions about this topic, we at Etqan Law Firm were keen to prepare this comprehensive article, in which we review in detail everything related to the Premium Residency System and its executive regulations, to answer all the inquiries that revolve in the minds of those interested in this system.

Conditions for Obtaining Premium Residency Visa Saudi Arabia

To apply for premium residency Saudi Arabia, a set of conditions specified in Article (4) of the Saudi premium residency​ and its Executive Regulations must be met, which include the following:

Premium Residency Visa Saudi Arabia
Premium Residency Visa Saudi Arabia

1. Valid Passport

The applicant must submit a valid passport. The permanent residency valid for five years held by some residents is an alternative to a passport in this case.

Read also: Best Law Firms In Saudi Arabia: Etqan Lawfirm – 0553320060

2. Reaching the legal age

The applicant must not be less than 21 years old, and the age is calculated according to the Gregorian calendar, with the date of submitting the application being the date specified for this condition.

3. Proof of Financial Solvency

The applicant must provide proof of his financial ability to bear the costs of residence and living in the Kingdom, and the meaning of financial solvency will be explained later in the article.

4. Clean Criminal Record

The applicant must submit a criminal record proving that he is free of any criminal records. He must also sign a declaration that enables the competent authorities to verify his criminal status, whether inside or outside the Kingdom.

5. Approved Health Report

A recent medical report (not exceeding six months from the date of application) is required to be submitted proving that the applicant and his family members are free from infectious diseases. The report must be issued by an accredited health authority inside the Kingdom, or by an external health authority provided that it is approved by Saudi representations.

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6. Legal Residence Status

If the applicant is a resident inside the Kingdom, his residence must be regular and valid at the time of submitting the application.

Procedures for Applying for Premium Residency Visa Saudi Arabia​

To apply for a premium residency visa Saudi Arabia​, you can follow these steps:

  • Log in to the unified national platform: Start by going to the premium residency service on the unified national platform.
  • Start the service: Click on the “Start the service” option, where you will be automatically directed to the Premium Residency Center Portal.
  • Create a new account: Click on the “Register Now” option, a pop-up window will appear, agree to the terms by clicking “I agree to the above”.
  • Enter the required data: Fill in all the required data in the designated fields, making sure to enter it accurately.
  • Review the data and confirm registration: Verify the accuracy of the data you entered, then click Register to complete the application.

Before submitting the application, it is preferable to contact Etqan Law Firm to review all the required conditions and documents, which helps avoid the application being rejected by the Premium Residency Center.

Premium Residency Visa Saudi Arabia
Premium Residency Visa Saudi Arabia

Documents Required to Apply for Premium Residency

To obtain premium residency visa Saudi Arabia​, a set of basic documents must be attached to the application, including the following:

  • Copies of Passport: Submit copies of the applicant’s passport and the passports of his family members.
  • Recent Personal Photos: Submit recent photos of the applicant and all his family members.
  • Proof of Address: If the applicant is outside the Kingdom, a utility bill must be submitted to prove the address of the residence. If the application is from within the Kingdom, a copy of the residence card must be submitted.
  • Bank Statement: Submit a bank statement covering the last 12 months.
  • Certificates of Academic Qualifications: Attach certified copies of academic qualification certificates from accredited universities.
  • Proof of Financial Ability: Submit a statement showing the value of the applicant’s monthly salary or a copy of the commercial register if the applicant is a business owner, to prove the financial ability to live in the Kingdom.
  • Translation of documents: All documents must be in Arabic or English, and if submitted in another language, they must be translated by an accredited authority.

Learn about: End of Service Benefits Saudi Labor Law: Rights After Contract Termination

Premium Residency Center​

The Premium Residency Center was established on May 14, 2019, coinciding with the issuance of the Royal Decree approved by the Council of Ministers approving the Premium Residency System.

The center is an independent government entity in administrative and financial terms, and is directly affiliated with the Council of Economic and Development Affairs. The center works to coordinate with various government agencies to implement the Saudi Arabia premium residency​ and facilitate the procedures for obtaining it.

The center provides comprehensive support for those wishing to obtain Premium Residency, through a group of electronic services and specialized departments, while ensuring direct communication with applicants from inside and outside the Kingdom.

For more information, you can visit the official website of the Premium Residency Center.

Finally, the premium residency visa Saudi Arabia​ provides a unique opportunity for residents, investors and skilled professionals to secure long-term residency and enjoy exclusive benefits. By meeting the specified requirements and following the outlined application procedures, applicants can benefit from the Kingdom’s dynamic business environment and stable living conditions. With the support of the Premium Residency Center and legal guidance from experts such as Etqan Law Firm, the application process becomes easier and more efficient.

The Etqan Al Mutamayza Law Firm can provide the necessary support. You can contact their team

through the following mobile numbers: 056113776, 0541110440, 504315333

Alternatively, you can visit our branches:

  • Jeddah: Al-Aziziyah District–Mohammed bin Abdulaziz Street (Tahlia)
  • Riyadh: King Abdulaziz Street – In front of Kingdom
  • Dammam: Al-Ashri’a Street, Al-Badeea, Dammam 32415.

FAQ

How can I get Premium Residency in Saudi Arabi

To obtain a Premium Residency in Saudi Arabia, you need to follow these steps:
Log in to the Unified National Platform – Access the premium residency service on the unified national platform.
Start the Service – Click on “Start the service” to be redirected to the Premium Residency Center Portal.
Create a New Account – Select “Register Now,” agree to the terms by clicking “I agree to the above.”
Enter the Required Data – Fill in the required fields accurately.
Review and Confirm – Check all the data entered, then click “Register” to submit the application.
Before applying, it is recommended to consult with Etqan Law Firm to review the required conditions and documents, which helps avoid the rejection of the application.

What is the salary for Premium Residency in Saudi Arabia?

Minimum salary requirements for obtaining premium residency visa Saudi Arabia​ by type:
Exceptional Talent Residency: A monthly salary of at least 80,000 SAR in a leadership position at an approved entity.
Investor Residency: An investment of no less than 7 million SAR with the creation of 10 jobs within the first two years.
Entrepreneur Residency: Investment funding of at least 400,000 SAR (for the first category) or 15 million SAR (for the second category), with a minimum ownership of 10% in the company.
Property Owner Residency: Ownership of a property valued at no less than 4 million SAR.
Annual Residency: An annual fee of 100,000 SAR.
Permanent Residency: A one-time payment of 800,000 SAR.

Did anyone get Premium Residency in Saudi Arabia so far?

Yes, since the launch of the Premium Residency system in May 2019, several individuals have successfully obtained Premium Residency in Saudi Arabia. The system has attracted investors, entrepreneurs, and skilled professionals from different countries, aiming to benefit from the advantages of permanent residency and other associated privileges.

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