The Kingdom of Saudi Arabia is a leading global investment destination, and with the launch of Vision 2030, the doors have been wide open to attract talent, investors, and businesspeople from around the world. In this context, the Premium Residency System stands out as one of the most important initiatives, offering residents a unique opportunity to settle, work, and invest in the heart of the region's strongest economy.

However, the most important question on the minds of many remains:How much does premium residency cost in Saudi Arabia?

In this comprehensive guide, we will answer the question in detail:How much does premium residency cost in Saudi Arabia?We review all aspects related to this system, from the different types of residency and their costs, to the benefits and conditions, and how experts like City Squares can be your ideal partner in your journey to establishing your business and obtaining premium residency in the Kingdom.

Overview: Why are you asking, "How much does premium residency cost in Saudi Arabia?"

Just searching forHow much does premium residency cost in Saudi Arabia? It is the first step toward a world of opportunities.

Residency in the Kingdom is no longer limited to limited employment contracts, but has become a gateway to long-term stability, establishing businesses, owning property, and enjoying a modern and prosperous life.

The Premium Residency System aims to attract foreign investors, exceptional talents, competencies, and entrepreneurs, enabling them to become part of the Kingdom's economic and social fabric.

When you wonderHow much does premium residency cost in Saudi Arabia? 

You're not just asking about fees, but about the value of an investment in your future, the future of your family, and your business.

This system grants you freedom of movement, the ability to conduct business without a sponsor, and many other benefits previously reserved for citizens.

The answer to the question varies. How much does premium residency cost in Saudi Arabia? Depending on the type and category of residency that best suits your goals and qualifications, the Premium Residency Center has launched several paths to obtaining it, divided primarily into two main categories, in addition to newly launched specialized categories to meet the needs of a broader segment.

1. Premium Fixed-Term Residency: A flexible option with an annual cost

This option is ideal for those who want to explore the Saudi market or have specific projects.

• How much does the Premium Residency cost in Saudi Arabia? (Fixed Term):The cost of this type of accommodation is100,000 Saudi RiyalsAnnually.

• Advantages:This residence gives you most of the benefits of permanent residence for one year, with the possibility of renewal annually.

  
  

• Cumulative discount:The Premium Residence Centre offers a 2% discount when paying for multiple years in advance, making the question of How much does premium residency cost in Saudi Arabia?This type is more attractive in the long run.

2. Indefinite Premium Residency (Permanent): A one-time investment for permanent stability

This is the perfect choice for investors and businessmen looking for permanent settlement in the Kingdom.

• How much does the Premium Residency cost in Saudi Arabia? (Indefinite duration): The cost of this type is800,000 Saudi riyals, paid once.

• Advantages:This residency grants you permanent residency in the Kingdom for you and your family (spouse and children under 21 years of age), while enjoying all the benefits of real estate ownership, investment, and working with complete freedom.

When compared, knowingHow much does premium residency cost in Saudi Arabia?Both types help you make the financial and strategic decision that is best for you.

New Premium Residency Categories: Lower Costs and Wider Opportunities

Recognizing the importance of diversity in attracting talent, the Kingdom has launched 5 new categories of premium residency at a unified and highly competitive cost, which changes the scope of the answer to the question: How much does premium residency cost in Saudi Arabia?.

• How much does Premium Residency cost in Saudi Arabia? (New categories):The cost of applying for any of these categories is4,000 Saudi RiyalsOnly, it is paid once for a 5-year renewable residency.

These categories include:

1. Exceptional efficiency residence:Dedicated to scientific, health, research and executive competencies with high experience and qualifications.

2. Talent Residence:Targeting talents in cultural, sports and artistic fields.

3. Business Investor Residence:For investors wishing to launch or participate in investment projects within the Kingdom, provided they invest at least 7 million Saudi riyals during the first two years and create 10 jobs.

4. Entrepreneur Residence:For entrepreneurs who own innovative start-ups and have received investment rounds from accredited entities.

5. Property Owner Residence:It is granted to anyone who owns a property or real estate asset with a value of no less than 4 million Saudi riyals, not mortgaged.

These new categories make thinking aboutHow much does premium residency cost in Saudi Arabia? More positive for a wide range of professionals and investors.

Why do you need an expert partner after knowing how much premium residency costs in Saudi Arabia?

Now that you have a clear idea of ​​the answer to the question,How much does premium residency cost in Saudi Arabia?

The next and most important step is procedures and implementation. This is where a trusted advisory partner can help facilitate this complex journey. 

Obtaining premium residency is often linked to establishing a business or investment, a process that requires in-depth knowledge of the Saudi market and regulations.

Here it stands out City Squares CompanyAs an indispensable strategic partner. Knowing How much does premium residency cost in Saudi Arabia? This is just the beginning, but implementation requires much more.

Company establishment services in Saudi Arabia, facilitating the procedures for issuing licenses from the Ministry of Investment for Gulf and foreign companies, and providing commercial services within the Kingdom of Saudi Arabia in the public and private sectors by Citysquares Company, which specializes in providing consulting services in opening your business in Saudi Arabia and providing many services in entering markets, acquiring companies, business classification services, and managing service and industrial projects.

With City Squares, it is not a single service, but rather offers many services that give you confidence in entering into projects with a company that has many experiences and has provided establishment and project management services for major brands inside and outside the Kingdom, in order to make your project successful from the beginning of establishing your company in Saudi Arabia until the launch of your projects and businesses, while providing the service of issuing records and factory licenses with administrative cadres specialized in opening companies in the Kingdom, with extensive experience in government relations, public relations, and legal experience in Saudi systems and laws in establishing foreign companies, investor services, issuing incorporation contracts, entering and exiting companies, amending incorporation contracts, transferring company ownership, amending corporate entities, merging companies, registering commercial agencies and franchises for private and governmental establishments and international companies, serving VIPs, reviewing and following up in all government ministries, completing all transactions for clients inside Saudi Arabia, and serving investors from outside Saudi Arabia, as the company serves them.

It is this level of expertise that transforms knowledge.How much does premium residency cost in Saudi Arabia?To a successful and fruitful investment on the ground.

Your roadmap to obtaining premium residency and establishing your business with City Squares

The road may seem long, but with the right partner, everything becomes organized and smooth. 

Here's how City Squares can help you every step of the way:

Phase 1: Consultation and Goal Setting

Before you decideHow much does premium residency cost in Saudi Arabia?It's the right fit for you. 

The City Squares team will assess your situation, investment goals, and qualifications. They will help you choose the optimal residency path that serves your business and personal ambitions.

Stage 2: Preparation Documentsand submit the application

The Premium Residency application process requires a set of official documents and proof of financial solvency. 

Our team handles this task, ensuring a complete and error-free application is submitted to the Premium Residency Center.

Stage 3: Establishing the business entity (if necessary)

If your residency is linked to an investment, City Squares will handle all company establishment procedures for you:

• Issuance of a Ministry of Investment license (MISA):The basic step for foreign investor entry.

• Issuance of the commercial register and articles of association: We ensure that all legal documents are  compliant with Saudi regulations.

• Opening bank accounts and registering the company with government agencies:Such as the Ministry of Human Resources, Social Insurance (GOSI), Zakat, Tax and Customs.

All these complex steps make it a questionHow much does premium residency cost in Saudi Arabia?A small part of an integrated process we master in city squares.

Phase 4: Continuous and Post-Establishment Support

Our services don't stop when you obtain residency or establish your company. We provide ongoing support, including:

• Government and Public Relations :We are your voice and your face before the official authorities.

• Legal and commercial consultations :We help you navigate the Saudi business environment with confidence.

• project management: We help you launch and run your projects successfully.

The benefits you will get

When you invest in Premium Residency, you don't just pay a fee, you unlock a host of exclusive benefits for yourself and your family:

• Residing in the Kingdom with your family:Without the need for a sponsor.

• Freedom of movement:Free entry and exit from the Kingdom.

• Real estate ownership:The ability to own residential, commercial and industrial real estate.

• Working in the private sector:The ability for you and your family members to work in private sector establishments and move freely between them.

• Doing business:Establish and manage your own business under the foreign investment system.

• Recruitment of domestic workers:As needed.

• Issuing visit visas for relatives.

• Use of designated lanes for Saudi and GCC citizens at airports.

Knowing How much does premium residency cost in Saudi Arabia? It becomes more valuable when you realize the magnitude of these benefits.

Frequently asked questions about "How much does premium residency cost in Saudi Arabia?"

• Q: Does the cost of premium residency vary depending on nationality? 

• A: No, Premium Residency Price in Saudi ArabiaIt is a uniform amount for all eligible nationalities.

• Q: Can the permanent premium residency amount (800,000 riyals) be paid in installments?

• A: Currently, the system requires a one-time payment of the full amount.

• Q: Are the fees refundable if the application is rejected?

• A: The application processing fee ($177 USD) is non-refundable, but the residency fee is not paid until approval is issued.

• Q: After knowing the price of Premium Residency in Saudi Arabia, what is the next immediate step? 

• A: The next step is to assess your eligibility and gather the required documents. We highly recommend contacting a specialized advisor from City Squares to ensure you get off to the right start.

Why choose city squares as your guide?

Understanding much does premium residency cost in Saudi Arabia? Available to everyone, but the expertise in turning this understanding into a successful reality is what sets us apart.

At City Squares, we don't provide a service, we provide a partnership built on trust and deep expertise.

• Specialized team:We have administrative and legal staff specialized in Saudi regulations.

• Extensive experience:We have established and managed projects for major brands.

• Strong relationships:We have a wide network of relationships in both the public and private sectors.

• Comprehensive service:We accompany you from the first idea until the complete success of your project.

Don't let the question "How much does a premium residence cost in Saudi Arabia?" be the end of your search. Instead, make it the beginning of your journey to success in the Kingdom of Saudi Arabia.

Are you ready to start your journey?

Contact City Squares experts today for a personalized consultation and discover how we can help you every step of the way.

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