BREAKING NEWS | Saudi Arabia Grants First Permanent Residencies To Foreigners

RIYADH/SAUDI ARABIA – Saudi Arabia has granted “premium” residency to 73 foreigners as part of its efforts to attract foreign investment into the country. The Kingdom said it received thousands of applications after offering permanent residency for a one-time fee of 800,000 riyals (U.S. $213,301), and an annual renewable “premium” residency for 100,000 riyals per … Continue reading BREAKING NEWS | Saudi Arabia Grants First Permanent Residencies To Foreigners

KSA | Saudi Arabia Launches Special Residency Scheme For Expats

Riyadh, Saudi Arabia, June 23, 2019 – Saudi Arabia launched on Sunday their new special residency scheme similar to green card systems applicable in other countries, aimed at attracting wealthy and high-skilled expats. The residency scheme offers two types of residencies, a permanent one for 800,000 Saudi riyals ($231.321.96) and a one year but renewable … Continue reading KSA | Saudi Arabia Launches Special Residency Scheme For Expats

KSA | Saudi Arabia Launches “Gold Card” To Attract Global Talent

The Ministry of Labor and Social Development has launched its Extend Residence Program (the Gold Card), which aims to attract the cream of international talent to work in the Kingdom. The ministry invited consultants and agencies to conduct an analysis of what incentives should be provided to provide to attract foreign talent to Saudi Arabia, … Continue reading KSA | Saudi Arabia Launches “Gold Card” To Attract Global Talent