This product will target investors wishing to invest in economic activities in Saudi Arabia.
The Kingdom is the largest market in the region thanks to its strong economy and large population base. It also enjoys high investment rates thanks to its distinguished strategic location that connects the three continents. Its investment infrastructure is distinguished by keeping pace with future needs, and the product works to support the stability of investors and empower their businesses in order to achieve ambitious positive results.
General benefits:
- Residence in Saudi Arabia with family, which includes parents, spouses and children under the age of 25.
- Moving from one facility to another freely.
- Exemption from the financial compensation imposed on expatriates and companions.
- The holder of a special residence permit and his family members leave and return to Saudi Arabia without requiring a visa.
- Issuing visit visas to relatives.
- Use of routes designated for citizens and GCC citizens at ports.
- Working in private sector establishments and moving between them for husband, wife and children.
- Doing business according to the investment system.
- Owning and benefiting from real estate.
Special benefits:
- Obtaining permanent privileged residence directly .
Duration of stay:
Direct permanent residence conditional on the following:
-An injection of 7 million riyals during the first two years.
-Creating 10 jobs during the first two years.
Financial consideration:
4,000 thousand Saudi riyals .
