Legal Support for Real Estate Residency

REAL ESTATE OWNER RESIDENCY

Saudi Arabia stands third among the G20 nations in the Security Indicator, promising you a secure haven. Foreign nationals can also obtain the Premium Residency in Saudi Arabia by owning or holding usufruct rights to residential properties in Saudi Arabia. The Real Estate owner Residency Saudi Arabia property’s value must be at least four million Saudi Riyals. To be eligible, the property must be residential, already developed, and must be appraised by valuers accredited by the Saudi Authority (TAQEEM) to meet or exceed the minimum required property value. The purchase of properties through real estate financing, as well as mortgaging the properties, either before or after obtaining Premium Residency, is not permitted. For this product, the duration of the granted Premium Residency corresponds to the period of property ownership.

REAL ESTATE OWNER RESIDENCY

Saudi Arabia stands third among the G20 nations in the Security Indicator, promising you a secure haven. Foreign nationals can also obtain the Premium Residency in Saudi Arabia by owning or holding usufruct rights to residential properties in Saudi Arabia. The property’s value must be at least four million Saudi Riyals. To be eligible, the property must be residential, already developed, and must be appraised by valuers accredited by the Saudi Authority (TAQEEM) to meet or exceed the minimum required property value. The purchase of properties through real estate financing, as well as mortgaging the properties, either before or after obtaining Premium Residency, is not permitted. For this product, the duration of the granted Premium Residency corresponds to the period of property ownership.

General Benefits:
• Reside in Saudi with your family, including parents, spouses, and children under 25.
• Seamlessly move between establishments and enjoy flexibility.
• Exemption from expat fees for you and your family.
• Travel hassle-free with visa-free entry and exit to Saudi Arabia.
• Obtain visit visas for relatives and access dedicated airport tracks for citizens.
• Work in the private sector and switch establishments effortlessly.
• Conduct business following The investor residency Law guidelines.
• Embrace ownership with the right to own and usufruct real estate.

Eligibility Criteria:

1.Own or Usufruct real estate assets worth a minimum of SAR 4,000,000 within Saudi
2.The property is free from existing and future mortgages.
3.The real estate must be residential.
4.The real estate must be developed and not from undeveloped or unimproved lands.
5.The real estate asset must be appraised by accredited valuers within the Saudi Authority
for Accredited Valuers “Taqeem”.