Saudi Premium Residency \u2013 The Saudi Green Card<\/p>\n
Introduction<\/p>\n
The Saudi Premium Residency Program, also known as the Saudi Green Card, was launched in 2019 as a key initiative under Saudi Vision 2030 to diversify the Kingdom\u2019s economy and strengthen its position as a global investment hub.<\/p>\n
This program grants qualified investors, entrepreneurs, highly skilled professionals, and exceptional talents the ability to live, work, own real estate, and operate businesses in Saudi Arabia with unprecedented rights and privileges.<\/p>\n
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Program Objectives<\/p>\n
The Saudi Premium Residency aims to:
\n\u2022 Attract foreign direct investment (FDI) and enhance the Kingdom\u2019s business environment.
\n\u2022 Bring in world-class talent and highly skilled professionals.
\n\u2022 Support the Kingdom\u2019s economic, social, and cultural transformation.
\n\u2022 Enable long-term economic contribution from global residents.<\/p>\n
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Premium Residency Categories<\/p>\n
The program offers several products tailored to different profiles:
\n1. Exceptional Competence Residency \u2013 For executive leaders and professionals in healthcare, science, and research.
\n2. Talented Individuals Residency \u2013 For distinguished achievers in cultural, artistic, and sports fields.
\n3. Investor Residency \u2013 For licensed investors with a minimum capital of SAR 7 million.
\n4. Entrepreneur Residency \u2013 For founders and innovators establishing or expanding startups in Saudi Arabia.
\n5. Property Owner Residency \u2013 For foreign owners of residential, commercial, or industrial property valued at SAR 4 million or more.
\n6. Fixed-Term Premium Residency \u2013 Annual renewable residency.
\n7. Unlimited Premium Residency \u2013 Permanent residency with no expiry.<\/p>\n
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Key Benefits<\/p>\n
Premium Residency holders enjoy a wide range of advantages, including:
\n\u2022 Full ownership of residential, commercial, and industrial properties across Saudi Arabia, with a 99-year usufruct right in the holy cities of Makkah and Madinah (Property ownership in Makkah and Property ownership in Madinah) under official regulations.
\n\u2022 Freedom to establish and manage businesses without a Saudi sponsor.
\n\u2022 Unlimited entry and exit from the Kingdom without a visa.
\n\u2022 Family residency privileges, covering spouse, dependent children, and parents.
\n\u2022 Access to investment opportunities in the Saudi capital market.
\n\u2022 Eligibility to apply for permanent residency subject to specific conditions.<\/p>\n
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Eligibility Criteria<\/p>\n
Applicants must meet general requirements, as well as specific criteria depending on the chosen residency product.<\/p>\n
General requirements include:
\n\u2022 Minimum age of 21 years.
\n\u2022 Clean criminal record with no serious offenses.
\n\u2022 Proof of financial solvency and ability to support oneself.
\n\u2022 Medical report confirming good health and absence of infectious diseases.
\n\u2022 Valid passport.<\/p>\n
Note: Certain categories, such as Investor Residency, Entrepreneur Residency, or Exceptional Competence Residency, have additional requirements related to investment value, professional qualifications, or work experience. These will be assessed during your case evaluation with Ibana Legal to ensure the most suitable option is selected.<\/p>\n
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Our 5-Step Application Process at Ibana Legal<\/p>\n
At Ibana Legal, we go beyond application processing \u2014 we act as your strategic advisor, guiding you to the most cost-effective and beneficial Premium Residency option while ensuring full compliance with Saudi investment, real estate, and financial regulations.<\/p>\n
Here\u2019s how we work:
\n1. Initial Consultation
\nA detailed review of your profile to determine the optimal residency category:
\n\u2022 Free of charge if you proceed with Ibana Legal.
\n\u2022 Fixed consultation fee if you decide not to proceed.
\n2. Client Case Analysis
\nWe analyze your current and planned investments, government fee implications, and property acquisition strategies.
\nOur expertise includes legal solutions for fund entry and transfers into Saudi Arabia, ensuring secure and compliant transactions \u2014 a critical concern for any global investor.
\n3. Document Preparation
\nComplete handling of all document reviews, certified translations, and attestations to meet official requirements.
\n4. Official Submission & Follow-Up
\nWe file your application via the official Premium Residency Platform and liaise with relevant government bodies to expedite approvals.
\n5. Finalization & Residency Issuance
\nGuidance on official fee payments, followed by end-to-end tracking until your Premium Residency Card is issued and ready for use.<\/p>\n
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Program Fees
\n\u2022 Fixed-Term Premium Residency: SAR 100,000 per year (with a 2% renewal discount).
\n\u2022 Unlimited Premium Residency (Permanent): SAR 800,000 one-time payment.
\n\u2022 Other categories: starting from SAR 4,000.<\/p>\n
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Why Choose Ibana Legal?
\n\u2022 Specialized legal expertise in Saudi residency, investment, and real estate regulations.
\n\u2022 End-to-end case management from application to approval.
\n\u2022 Strategic investment and financial advisory for optimal returns.
\n\u2022 Comprehensive legal solutions for secure and compliant fund transfers into Saudi Arabia.
\n\u2022 Certified translation and document attestation services.
\n\u2022 Proven track record: Over 200 successful Premium Residency cases for clients worldwide, making us the trusted partner for investors seeking to live, work, and own property in Saudi Arabia \u2014 including Property ownership in Makkah and Property ownership in Madinah.<\/p>\n
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\ud83d\udcde Contact Ibana Legal today to explore the Saudi Premium Residency Program and secure your opportunity to invest, live, and own property in the Kingdom.<\/p>","protected":false},"featured_media":0,"template":"","meta":{"_acf_changed":false,"inline_featured_image":false},"class_list":["post-1574","service","type-service","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/ibanahlegal.com\/en\/wp-json\/wp\/v2\/service\/1574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibanahlegal.com\/en\/wp-json\/wp\/v2\/service"}],"about":[{"href":"https:\/\/ibanahlegal.com\/en\/wp-json\/wp\/v2\/types\/service"}],"wp:attachment":[{"href":"https:\/\/ibanahlegal.com\/en\/wp-json\/wp\/v2\/media?parent=1574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}