Saudi Arabia offers expats permanent residency for $213,000

Pedro Gonçalves
clock • 1 min read

Saudi Arabia has opened applications for a permanent residency programme designed to attract foreign investment to the Kingdom and it will cost $213,000 (SAR 800,000). The Premium Residency Center began receiving applications for the new residency system through the electronic platform SAPRC ( last Sunday. The residency scheme offers two types of residencies, a permanent one for 800,000 Saudi riyals ($213,321.96) and a one year but renewable residency for 100,000 Saudi riyals ($26,665.24). According to the website for applications, the premium residencies will allow fo...

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