Saudi Arabia has officially introduced permanent, unlimited-term residency for qualified foreign investors as part of its ongoing efforts to enhance investment attractiveness and strengthen long-term economic growth. The new initiative provides a wide range of privileges designed to support global investors seeking stable and competitive opportunities within the Kingdom.
The permanent residency program grants eligible investors the ability to live and work in Saudi Arabia without a local sponsor, own property, invest across approved sectors, bring dependents, and enjoy full mobility throughout the Kingdom.
Key Requirements for Investors
To qualify for permanent residency, applicants must meet the following criteria:
A minimum investment of SAR 7 million (approximately USD 1.87 million).
Creation of at least 10 jobs within the first two years of their investment activity.
A one-time permanent residency fee of SAR 800,000.
This initiative aligns with Saudi Vision 2030, reinforcing the Kingdom’s commitment to attracting global talent, diversifying the economy, and expanding investment opportunities across strategic sectors. It signals a significant step toward establishing Saudi Arabia as a leading destination for long-term international investment.
By offering a stable and investor-friendly environment, the Kingdom continues to position itself as a dynamic global hub for economic development and innovation.
