This product is designed for entrepreneurs and innovators looking to develop various sectors in Saudi Arabia. This product provides foreign businessmen and investors with the opportunity to get Saudi Arabia entrepreneur residency while simultaneously obtaining permanent Premium Residency, offering a dual benefit. Saudi Arabia, known as one of the largest markets in the region and a compelling investment environment due to its robust economy and positive growth indicators, offers diverse fields and activities for investment.
This product is designed for entrepreneurs and innovators looking to develop various sectors in Saudi Arabia.This product provides foreign businessmen and investors with the opportunity to invest in Saudi Arabia. While simultaneously obtaining permanent Premium Residency, offering a dual benefit. Saudi Arabia, known as one of the largest markets in the region. Compile investment environment due to its robust economy and positive growth indicators. KSA offers diverse fields and activities for investment.
General Benefits:
• Reside in Saudi with your family, enjoying a nurturing environment for personal and professional growth.
• Seamless mobility between establishments, ensuring flexibility in your business ventures.
• Exemption from expat fees, making your entrepreneurial journey financially viable.
• Visa-free entry and exit for you and your family, eliminating travel barriers.
• Access to visit visas for relatives and dedicated airport tracks for citizens.
• Work flexibility in the private sector with smooth transitions between establishments.
• Conduct business in adherence to The Investment Law, ensuring regulatory compliance for investor residency.
• Embrace property ownership rights with both ownership and usufruct options.
Special Benefits:
• Nominate two staff members for Special Talent Residency, exempting them from certain criteria (e.g., executives).
• Entity exemption from “Nitaqat” for the first 3 operational years.
• Direct eligibility for permanent residency in the second category, marking your long-term commitment.
Eligibility Criteria:
1st Category
1. Holding an entrepreneur license from the Ministry of Investment.
2. Obtain a minimum of 400,000 SAR round/s as investment from an entity accredited by the
Ministry of Investment.
3. Recommendation letter from the investment entity.
4. The applicant’s share in the company is not less than 20%.
2nd Category
1. Holding an entrepreneur license from the Ministry of Investment.
2. Obtain a minimum of 15 Million SAR round/s as investment from an entity accredited by the
Ministry of Investment.
3. Recommendation letter from the investment entity.
4. The applicant’s share in the start-up is not less than 10%.
5. Create at least 10 jobs during the first year and at least 10 additional jobs during the second year.
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