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Saudi Premium Residency is a long-term visa program launched to attract foreign talent and capital.
- Sponsor-free residency: No local kafeel (sponsor) required for living, working, or investing.
- Types include Unlimited (lifetime), Limited (renewable yearly), Investor, Entrepreneur, Real Estate Owner, and Talent tracks.
- Aligned with Vision 2030 to diversify economy and boost global talent influx.
- Over 40,000 applications filed since 2024 expansions, with thousands approved.
Why is Saudi Premium Residency Used?
It provides freedom and advantages for long-term commitment to Saudi Arabia’s booming economy.
- Full business ownership: Start or invest in companies without restrictions.
- Property rights: Own residential, commercial, or industrial real estate (some exceptions).
- Family benefits: Include spouse and dependents; easy visas for relatives.
- No expat fees: Exempt from certain levies; multiple entry/exit privileges.
- Tax incentives: Access pro-business zones with no personal income tax.
Who Needs Saudi Premium Residency?
Ideal for high-net-worth individuals and professionals targeting KSA growth.
- Investors: Minimum SAR 7M business investment or job creation.
- Entrepreneurs: Startup founders with qualifying funding and jobs.
- Real estate owners: Property worth ≥ SAR 4M (mortgage-free, appraised).
- Talented professionals: Doctors, executives, or specialists with high skills.
- Wealthy expats/retirees: Seeking stability via SAR 100K/year or SAR 800K lifetime fees.
- Gifted Residency: Aims to attract talents and unleash their full potential in creativity, innovation, and development
How Can Saudi Premium Residency Be Acquired?
Apply online via official portal pr.gov.sa or saprc.gov.sa
J K Management handles full process including document prep, submission, and approvals.
Step-by-Step Process:
- Create account on pr.gov.sa.
- Select track (e.g., Investor, Real Estate).
- Upload documents and pay fees (SAR 100K/year renewable; SAR 800K unlimited; SAR 4K one-time for some).
- Await review (biometrics may apply); approval in weeks to months.
Key Documents Required:
- Valid passport copy (6+ months validity).
- Medical report from accredited center.
- Proof of funds/income (bank statements, salary certs).
- Clean criminal record certificate.
- Track-specific: Investment proof, property appraisal (Taqeem), job creation docs.
- Photos, family docs, current address proof.
Contact J K Management for tailored Saudi Premium Residency support, business licensing, and setup to rank your application for top approval chances.
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