Saudi Arabia’s 2024 Guide to Specialized Residency Programs

The Saudi Premium Residency Center revealed the “Premium Residency Booklet 2024.” It, basically, presents a comprehensive guide to the various premium residencies available in Saudi Arabia.

This booklet categorizes seven distinct residency types, each tailored to specific groups like healthcare and research professionals, cultural and sports talents, investors, entrepreneurs, and property owners.

It also emphasizes the unique eligibility criteria and benefits associated with each category, from investment thresholds for Investor Residency to creative achievements for Gifted Residency.

The booklet also underscores the diverse advantages offered, including family residency grants, business operation freedoms, and property rights, while detailing the application process and residency duration for each category.

1. Special Talent Residency:

This category at the Premium Residency Booklet is, basically, designed for professionals in healthcare, science, and research. It also recognizes individuals who have made significant contributions to these fields. Applicants must demonstrate a high level of expertise and achievement. The residency also offers unique benefits, tailored to support the professional development of these talents.

2. Gifted Residency:

Targeted at individuals recognized in cultural and sports fields. The Premium Residency Booklet revealed that this residency is endorsed by the Ministry of Culture and the Ministry of Sports. It is ideal for artists, athletes, and other culturally significant individuals. The program also acknowledges their contributions and provides a supportive environment for their endeavors.

3. Investor Residency:

Focused on individuals willing to make a significant economic investment in Saudi Arabia. It requires a minimum investment amount, offering investors several benefits. This residency is aimed at boosting the Saudi economy through external investments.

4. Entrepreneur Residency:

Tailored for business founders and entrepreneurs. It supports the establishment and growth of new businesses within the Kingdom. This residency also provides entrepreneurs with the necessary resources and opportunities to succeed in the Saudi market.

5. Real Estate Owner Residency:

Designed for property owners in Saudi Arabia. This residency offers advantages to those who invest in the Saudi real estate market. It also acknowledges the role of property investment in economic growth.

6. Limited Duration Residency:

This residency is suitable for those seeking temporary residence in Saudi Arabia. It caters to a diverse range of individuals, offering flexibility and specific benefits for short-term residents.

7. Unlimited Duration Residency:

Offers long-term residency options. It is ideal for individuals who wish to make Saudi Arabia their permanent home. This residency provides stability and a range of long-term benefits.

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