Saudi Arabia has brought a major change in its visa and residency system. The government has officially ended the old Kafeel or sponsorship system, which controlled foreign workers’ rights. In its place, a new Premium Residency scheme has been introduced. This system gives foreigners the chance to live, work, and invest freely in the Kingdom without needing a sponsor.
Options for Premium Residency
The Saudi government has introduced two options for people who wish to stay long-term.
Type of Residency | Payment Amount | Payment Frequency |
Lifetime Premium Residency | 800,000 Saudi Riyals | One-time payment |
Annual Premium Residency | 100,000 Saudi Riyals | Every year |
Freedom Without a Sponsor
One of the biggest benefits of this new policy is freedom from the Kafeel. Earlier, every foreign worker needed a Saudi sponsor for jobs or travel. Now, under Premium Residency, residents can live and work anywhere in Saudi Arabia. They can take up any job, start their own business, and even move freely without permission from anyone, which marks a new era of independence.
Benefits of Premium Residency
Premium Residency provides many privileges similar to Saudi citizens. Holders can live anywhere in the Kingdom, work freely, and run their own businesses. They can also bring their family members, own vehicles, and send money abroad. In addition, residents can travel across Saudi Arabia without special permits. This system offers peace of mind and complete freedom for people planning a stable life in the country.
Property and Investment Rights
The new residency system also allows foreigners to buy and sell property in most cities of Saudi Arabia. However, Makkah and Madinah remain restricted for property ownership. Apart from that, investors can easily open companies, take part in trade, and enter new business ventures. The government hopes this step will increase foreign investment and strengthen the Kingdom’s economy.
Table: Major Saudi Cities and Living Benefits
City | Key Advantage | Property Ownership | Family Residence | Business Opportunity |
---|---|---|---|---|
Riyadh | Capital city with a modern lifestyle | Yes | Yes | Excellent |
Jeddah | Coastal trade hub | Yes | Yes | High |
Dammam | Industrial and oil region | Yes | Yes | Strong |
Makkah | Holy city, no property allowed | No | Yes | Limited |
Madinah | Holy city, no property allowed | No | Yes | Limited |
Taif | Cool climate, tourism city | Yes | Yes | Growing |
Eligibility Requirements
To apply for Premium Residency, the minimum age is 21 years. The applicant must have a valid passport, be medically fit, and have a clean criminal record. The person must also show a stable income source. These requirements are designed to ensure that only qualified and responsible individuals can enjoy the rights and benefits of long-term residence in the Kingdom.
Eligibility Requirements for Premium Residency
Requirement Type | Description |
---|---|
Minimum Age | Applicant must be at least 21 years old |
Passport | Must hold a valid and active passport |
Criminal Record | Should have no criminal record or history of violations |
Medical Fitness | Must be medically fit and healthy |
Financial Stability | Should have a stable income and proof of financial resources |
Language Translation | Documents must be translated into Arabic before submission |
Application Platform | Apply through the official Saudi government website or an approved consultant |
Application Procedure
Those who wish to apply can visit the official Saudi Premium Residency website or contact any licensed visa consultant. Applicants must upload the necessary documents and have them translated into Arabic. Once the application is submitted, it is reviewed carefully by Saudi authorities. Usually, within three to four months, the applicant receives the result and can proceed to enjoy the benefits of residency.
Opportunities for Expats and Professionals
This new residency program is seen as a golden chance for expatriates and skilled workers worldwide. It gives them a stable environment to live and grow. Many professionals from Pakistan, India, Egypt, and other countries are expected to apply. The program also aligns with Saudi Vision 2030, which aims to create a modern, open, and investor-friendly economy.
A Step Toward a New Saudi Arabia
With the end of the Kafeel system, Saudi Arabia has entered a new age of openness and opportunity. The Premium Residency policy promotes equality, respect, and independence for foreigners. It shows that Saudi Arabia values global talent and wishes to build a stronger, diverse society. This initiative will surely attract millions of hopeful residents looking to make the Kingdom their second home.