UAE
Saudi Premium Residency: Nine Key Benefits Explained
Saudi Arabia offers a unique program called Premium Residency (Iqama), which allows expatriates to live, work, and own property in the Kingdom with more flexibility and fewer restrictions compared to the traditional sponsorship system. Here’s a breakdown of the nine key benefits of Saudi Premium Residency:
1. Residency Without a Sponsor
- One of the most significant benefits of Saudi Premium Residency is that it allows individuals to reside in Saudi Arabia without a local sponsor (which is a requirement for most expatriates). This gives residents more freedom in employment, business activities, and daily life.
2. Ability to Work and Establish a Business
- Premium Residency holders can legally work for any employer and establish their own businesses without the need for a Saudi sponsor. This opens up many opportunities for entrepreneurs and skilled professionals.
3. Ownership of Property
- Unlike regular expatriates, Premium Residency holders can own property in the Kingdom, including residential, commercial, and industrial properties. This benefit is especially valuable for investors and business owners.
4. Multiple Entry/Exit Privileges
- Premium Residency provides multiple entry and exit rights, which means the holder can leave and return to Saudi Arabia without needing a re-entry permit or a sponsor’s approval. This is particularly useful for individuals with international business dealings or personal travel needs.
5. Access to Health and Education Services
- Premium Residency holders can access high-quality healthcare and education in Saudi Arabia, including private hospitals and international schools. This benefit improves the standard of living for families living in the Kingdom.
6. No Need for Iqama Renewal
- Unlike regular expatriates who need to renew their residency permits (Iqama) annually, Premium Residency is granted for a longer duration (1 year or 5 years), with no need for frequent renewals. This makes the process less bureaucratic and more convenient.
7. Right to Hire Domestic Workers
- Premium Residency holders have the right to sponsor and hire domestic workers (such as maids, drivers, and gardeners), which is typically restricted for regular residents under the sponsorship system.
8. Access to Government Services
- Holders of Premium Residency can access various government services and benefits, including financial, legal, and social support, which is generally available only to Saudi citizens.
9. Family Sponsorship
- Premium Residency holders can sponsor their immediate family members, such as spouses, children, and possibly even parents, for residency in Saudi Arabia. This allows families to live together and enjoy the benefits of the program.
Conclusion
Saudi Premium Residency offers an attractive package for expatriates looking for a more flexible and stable life in Saudi Arabia. Whether for work, business, or family reasons, this residency program provides multiple advantages that enhance the quality of life and ease of doing business in the Kingdom.