Saudi Arabia released details of the Saudi Premium Residency Visa for Special Talent

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10 months ago

Saudi Arabia released details of the Saudi Premium Residency Visa for Special Talent.The Premium Residency Centre of Saudi Arabia recently unveiled the eligible specializations for its Special Talent Residency program, targeting top professionals across various fields. These specializations encompass healthcare, digital technologies, financial services, advanced manufacturing, space and defense, energy, metals and mining, logistics, tourism infrastructure, and food and agriculture technologies. Additionally, the program covers research areas like space and aviation, environment, energy, health, urban transformation, and digital technologies.

Saudi Arabia released details of the Saudi Premium Residency Visa for Special Talent

On January 10, Saudi Arabia introduced five new categories to streamline the premium residency permit application process. These include skilled and talented individuals (specialists, executives), talents (cultural, sports), investors, entrepreneurs, and property owners. Eligible applicants can secure the permit, allowing them to live, work, and enjoy benefits such as exemption from expat and dependents fees for a one-time fee of SR4,000 ($1,066). This residency permit also grants foreign nationals the ability to own businesses and property in Saudi Arabia without a sponsor, except in Mecca, Medina, and border regions.

Holders of the residency permit gain premium status for their family members, business ownership rights, fee-free money transfers, and the ability to host and invite relatives. They can reside in the Kingdom for either a renewable one-year period or an unlimited duration, depending on the selected plan during the application process. This move aims to attract top talent and facilitate the growth and innovation goals of Saudi Arabia.