What Is the Saudi Premium Residency (Golden Visa)?

Saudi Arabia’s Premium Residency—popularly known as the Golden Visa or Saudi Green Card—is a residency-by-investment program offering international residents the ability to live, work, own property, and invest in the Kingdom without a sponsor.

Introduced under Vision 2030, this initiative is designed to attract:

  • Foreign investors and business owners
  • Skilled professionals and global talent
  • Entrepreneurs, researchers, and graduates from top institutions

Types of Saudi Premium Residency

Residency Type

Duration

Fee (SAR)

Notes

Permanent Premium Residency

Lifetime

800,000 (≈ USD 213,000)

One-time fee, no renewal needed

Renewable Premium Residency

Annual (1 year)

100,000 (≈ USD 26,500)

Renewable yearly, flexible option

Both options allow holders to:

  • Live and work without a sponsor (no Kafala)
  • Own residential and commercial property (excluding Mecca & Madinah)
  • Sponsor family members (spouse, children)
  • Launch or invest in Saudi businesses

Investment Options for Eligibility

You can qualify either by paying the premium fee or through eligible investments:

Approved Investment Routes:

  • Real estate purchases in approved zones
  • Starting a new company in Saudi Arabia
  • Investing in key sectors aligned with Vision 2030
  • Partnering with licensed local businesses

Who Else Is Eligible?

In addition to investors, the Premium Residency is also available to:

  • Doctors, consultants, and medical specialists
  • Scientists and researchers
  • Professionals in strategic leadership roles
  • Athletes, creatives, and cultural leaders
  • Graduates from top-ranking universities worldwide
  • Executives in global companies expanding to KSA
  • Real estate investors and property buyers

Eligibility typically requires:

  • Evidence of qualifications or accomplishments
  • Valid travel and residency history
  • Financial stability or investment documents

Key Benefits of Saudi Premium Residency

  • 100% foreign business ownership
  • No local sponsor (Kafala) required
  • Freedom to enter and exit Saudi Arabia without restrictions
  • Access to healthcare, education, and financial services
  • Family sponsorship under the same residency
  • Ability to operate across any region in the Kingdom

Frequently Asked Questions

Is Saudi Premium Residency a path to citizenship?
No. It provides lifetime or renewable residency status, not citizenship.
Can I own property with a Premium Residency?
Yes, in most areas except Mecca and Madinah.
Can I work or start a business under this visa?
Yes. You can work, invest, or start a company without needing a local sponsor.
Is the investment refundable?
The residency fee is non-refundable, but your investments (e.g., real estate or business) can generate returns.
Can I sponsor my family members?
Yes, dependents including spouse and children can be included under your residency.

Why Maju Management Consultancy?

With 14+ years of experience and 4,600+ successful setups, MajuBiz provides end-to-end support for investors and entrepreneurs globally looking to establish a long-term presence in Saudi Arabia.

Our services include:

  • Eligibility checks and document verification
  • Investment planning and company registration
  • Legal compliance, tax, and banking setup
  • Real estate and asset acquisition advisory
  • Full support across KSA, UAE, Bahrain, and GCC

Get Started with MajuBiz

From consultation to final approval, MajuBiz ensures your Premium Residency journey is seamless and strategic.

Ready to become a Premium Resident of Saudi Arabia?

Contact us now to check your eligibility or begin your application.