This product will target entrepreneurs and innovators who want to work on developing various sectors in Saudi Arabia.
For 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 companion.
- 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.
- Ownership and use of real estate.
Special advantages:
- Nominating two members of the work team for exceptional competency residency and exemption from its criteria (for example:executives).
- Exempting the facility from domains for the first 3 operational centers.
- For the second category: obtaining permanent distinguished residency directly.
Duration of stay:
First Art: A fixed residence permit for five years, renewable once upon continued fulfillment of the first art eligibility criteria, and a residence permit for 30 months within five years.
Second year: Directly permanent, conditional on the creation of at least 10 jobs for the first year and at least 10 jobs for the second year.
For financial consideration:
.thousand Saudi riyals 4,000