The Saudi Premium Residency Investor program targets experienced foreign investors seeking long-term residence in Saudi Arabia through direct investment. It is designed for individuals who wish to establish a business presence in the Kingdom and benefit from enhanced mobility and rights compared to standard expatriate statuses.The program offers permanent residency to investors making a qualifying minimum investment in approved Saudi businesses, with the ability to sponsor family members, own real estate (excluding Mecca and Medina/Holy cities), and operate businesses without the need for a Saudi sponsor. Notably, this program confers almost all the rights of Saudi citizens except for the right to vote or hold certain public offices.Distinguishing features include no language, education, or age requirements, and relatively fast processing. The program is competitive and requires detailed vetting regarding both investment and personal background. The program is ideal for HNWIs and entrepreneurs seeking permanent access to the Saudi market.

Saudi Arabia’s Premium Residency program, including its ‘Independent Means Visa’ category, is designed for foreign nationals seeking long-term residence without an employer sponsor. It is aimed at financially self-sufficient applicants who can demonstrate substantial and stable income or assets, typically retirees, investors, or high-net-worth individuals. Key benefits include the right to live, work, and own real estate across Saudi Arabia without the need for a Saudi sponsor (kafala system), as well as the ability to sponsor family members. Unlike traditional work or visit visas, this program grants permanent residency (renewable or lifetime) on the basis of independent means, allowing greater flexibility and integration in Saudi society. The process is relatively fast and does not require a minimum education level, but applicants must pass security and health background checks and meet financial proofs. The program is currently active and accepting applicants.