Introduction
Since the launch of the Premium Residency system (also known as the “Golden Visa”) as part of Saudi Vision 2030, the Kingdom has attracted investors, professionals, and talents from around the world. Holders of this residency enjoy broad privileges without the need for a Saudi sponsor, making it a strategic option for living, working, and investing in Saudi Arabia.
🧭 Types of Premium Residency in Saudi Arabia
According to recent amendments, Premium Residency now includes seven main categories:
Property Owner Residency
Permanent Premium Residency
Fixed-term Premium Residency (annual, renewable)
Exceptional Competence Residency
Talent Residency
Business Investor Residency
Entrepreneur Residency
| Residency Type | Duration | Fees | Main Requirements |
|---|---|---|---|
| Permanent | Unlimited | 800,000 SAR (one-time) | Financial solvency, clean criminal record, medical report |
| Fixed-term | 1 to 5 years | 100,000 SAR annually | Similar general requirements to permanent residency |
| Exceptional Competence | 5 years, renewable | Based on classification | Relevant experience, monthly salary ≥ 35,000 SAR, employer recommendation |
| Talent | 5 years, renewable | Based on classification | Awards or notable contributions, official recommendation |
| Business Investor | Permanent or temporary | Investment ≥ 7 million SAR | Employ at least 10 Saudi nationals |
| Entrepreneur | Permanent or temporary | Funding ≥ 400,000 SAR, or ≥ 10% ownership | Job creation, innovative or tech-based project |
| Property Owner | As per property contract | Property value ≥ 4 million SAR | Ownership of an existing residential property (not off-plan) |
⚙️ General Common Requirements
Valid residency if applying from inside Saudi Arabia
Valid passport (at least 6 months)
Bank statement proving financial solvency
Certificate of clean criminal record
Recent medical report (within 6 months)
⚙️ General Common Requirements
Valid residency if applying from inside Saudi Arabia
Valid passport (at least 6 months)
Bank statement proving financial solvency
Certificate of clean criminal record
Recent medical report (within 6 months)
Main Benefits
Access to healthcare and education services on par with citizens
Freedom to travel in and out of Saudi Arabia without an exit/re-entry visa
Ownership and investment in real estate, stocks, businesses, vehicles, taxis, etc.
Work without a Saudi sponsor and switch jobs freely
Easier family reunification and issuance of family visit visas
Use of citizen lanes at airports
🛠️ Application Steps
Pay the residency fee and have the permit issued within 30–90 days
Access the “Premium Residency” portal via the official website
Upload required documents
Pay the fees (USD 170 application fee + category-specific fees)
Wait for application review and approval
🚨 Cancellation Cases
The Premium Residency may be revoked in cases such as:
Relinquishment or death
Court ruling with imprisonment ≥ 60 days or a fine ≥ 100,000 SAR
False information in the residency application
Violation of system/regulations
✅ Summary
The Premium Residency offers major advantages: independence, sponsor-free work, investment opportunities, family reunification, and citizen-level services.
Choose the category that fits your goals: seeking permanent settlement, launching a short-term project, or investing in property.
Ensuring all requirements and documents are met is essential to speed up approval and avoid potential cancellations.
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