+34 68 911 88 69 
+382 69 704 986 Premium Residency in Saudi Arabia by investment
No personal income tax
- Investment: from USD 215,000
- Processing time: from 3 months
- No employment or local sponsor required
Unlock your options — consult with an expert today
Program overview
The Premium Residency program was introduced by the Saudi Arabian government as part of its Vision 2030 national development strategy. Foreign investors can choose between two routes. The first provides permanent residency in exchange for a one-time contribution to the economy, while the second offers a residence permit through the purchase of personally owned real estate. The status is fully independent: it is not tied to a specific employer and does not require sponsorship from a Saudi national.
Premium Residency holders can own 100% of a company and manage their assets independently, without involving local partners. Dividends, personal income and income from overseas assets are not subject to personal income tax. The main applicant may also include their spouse, parents and children under the age of 25, allowing the entire family to benefit from the status.
Benefits of Saudi Arabia Premium Residency
Extensive rights in Saudi Arabia
Premium Residency holders can change employers or establish a business without requiring a local sponsor.
Residency for the entire family
Applicants can include their spouse, children under the age of 25 and parents. Eligible family members receive the same residency status and rights as the main applicant.
100% company ownership
Foreign nationals can own 100% of a company in Saudi Arabia and work in the private sector without the mandatory involvement of a local partner.
Ownership of prime real estate
Residents can purchase residential and commercial property in designated areas of Saudi Arabia. In Mecca and Medina, they may obtain long-term leases of up to 99 years, with the right to sublet the property and generate rental income.
0% personal income tax
Saudi residents are not subject to personal income tax on dividends, salaries or income from overseas property. Their families are also exempt from the Expat Levy.
Unrestricted entry and exit
Premium Residency holders can enter and leave Saudi Arabia freely without applying for visas or additional permits. They can also use priority lanes at airports.
Get a detailed guide to obtaining Premuim Residency
- A step-by-step action plan for investors
- Detailed requirements and costs
- A tailored strategy for obtaining a second passport
- The latest program terms
Get a detailed guide to obtaining Premuim Residency
What does Premium Residency offer
Who is Premium Residency suitable for
- International entrepreneurs
- Investors
- Families with children
- Financially independent foreign nationals
International entrepreneurs
The program allows participants to own 100% of a company in Saudi Arabia without a local sponsor, register a business efficiently and operate in sectors prioritised under Vision 2030. Residents can also open corporate accounts with Saudi banks, raise capital through accredited funds and grow their business in a G20 economy with no personal income tax.
Investors
Residency provides access to Saudi Arabia’s financial system, including the ability to hold accounts with local banks, structure assets in accordance with Sharia principles and expand into Gulf markets. Residents may also purchase residential and commercial property in designated areas and obtain long-term leases of up to 99 years in Mecca and Medina for investment purposes.
Families with children
Applicants may include their spouse, parents and children under the age of 25 in the application. All eligible family members receive the same residency status, which is not tied to an employer. Families are also exempt from the annual Expat Levy, which can result in savings of up to SAR 72,000, approximately USD 19,200, over five years. Children may attend international schools, while all family members have access to high-quality healthcare services.
Financially independent foreign nationals
Saudi Arabia offers favourable conditions for individuals who live on passive income. Residents do not pay personal income tax, including tax on dividends, interest or royalties, and can manage their assets through the country’s stable banking system. This status makes it possible to live in a secure jurisdiction with advanced infrastructure without being required to conduct business.
Obtaining Premium Residency is an investment in new opportunities and long-term stability for your entire family
- Comfort and security for your family in a G20 country
- Access to premium banking services in Saudi Arabia
- The freedom to make decisions independently, without sponsors or guarantors
- Personalised support throughout the entire process
Unlock your options — consult with an expert today
Investment options
Permanent residency
This program offers permanent residency in exchange for a one-time payment of SAR 800,000, approximately USD 215,000. The status has no expiry date and does not require renewal or mandatory residence in the country. Holders are permitted to work and conduct business in Saudi Arabia.
The applicant’s parents and children under the age of 25 may obtain permanent residency as part of the same application.
Property investment
This option requires the purchase of a completed property worth at least SAR 4 million, approximately USD 1.05 million, in the applicant’s sole ownership.
The residence permit remains valid for as long as the property is retained, and no sponsor is required. Eligible family members included in the application may also receive residence permits.
Request a personalized investment plan for obtaining Premium Residency
A Mirsatori specialist will develop a tailored residence permit strategy with a detailed breakdown of each stage, taking into account your family composition, investment amount, government fees and related expenses.
Request a plan
Request a personalized investment plan for obtaining Premium Residency
Who can be included in a Premium Residency application
Spouse
- Legally married to the investor
Children under 18
- Including children from the applicant’s or their spouse’s previous marriages
Children over 18
- Unmarried and financially dependent on their parents
Parents
- Financially dependent on the main applicant
Steps to obtain Saudi Arabia Premium Residency
Steps to obtain Saudi Arabia Premium Residency
Initial assessment and category selection
The Mirsatori team begins by reviewing your profile and evidence confirming the lawful source of your funds. Based on this assessment, we help determine which route to Saudi residence is best suited to your circumstances. You may qualify by making a financial contribution to the economy, purchasing property, establishing a company, launching a startup or demonstrating recognised professional expertise.
Learn morePreparation of the document package
Mirsatori specialists handle the entire preparation of your application file, including document legalisation and translation into Arabic. The package includes a copy of your passport, a police clearance certificate, medical reports, bank statements and civil status documents.
Learn moreApplication submission through the Premium Residency portal
You submit the application through the government portal at pr.gov.sa with support from Mirsatori lawyers. You select the relevant residence category, upload the documents prepared in advance and submit the application for review by the authorised government bodies.
Learn moreGovernment review and preliminary decision
The relevant Saudi authorities conduct a legal review of the application file and assess your eligibility and background. A preliminary decision is generally issued within one to two weeks.
Learn moreInvestment and status activation
At the final stage, you make the required investment using the selected option and arrange medical insurance with the support of Mirsatori specialists. You then travel to Saudi Arabia, provide your biometric data and collect your residency card.
Learn moreThe latest updates in a format that works for you
The latest news, helpful tips, and insider information — all on our social media channels. Join Mirsatori’s communities and channels:
Other ways to obtain residency by investment
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Turkey
Investment
from USD 200,000
Processing time
from 2 months
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Details
- Residence status for the main applicant and family members
- One-year residence permit with the option to renew
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The UAE
Investment
from USD 550,000
Processing time
from 1 week
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- No language proficiency requirement
- Option to apply with family members
- Investment in liquid real estate
Portugal
Investment
from EUR 250,000
Processing time
from 1 year
Key benefits
Details
- No language proficiency requirement
- Option to apply with family members
- Residence in an EU country
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Frequently asked questions
What criteria must a Premium Residency applicant meet?
Applicants must be at least 21 years old, have no criminal record or serious medical conditions and demonstrate sufficient financial means.
What documents are required for submission to the authorities?
The standard document package includes a valid passport, a police clearance certificate, proof of employment history, bank statements for the previous 12 months, proof of address, a medical report issued no more than six months before the application date and evidence confirming the lawful source of income.
How long does the application process take?
The review process, including the legal assessment of the documents, generally takes from 30 to 90 business days from the date the application is registered on the pr.gov.sa portal. For applicants in the Special Talent category, the authorities may issue a decision within 30–60 days.
What rights do Saudi residents receive?
Premium Residency holders may purchase property in designated areas of Saudi Arabia, conduct business without a sponsor or intermediary, enter and leave the country freely, hire employees without restrictions or change employers and access the country’s advanced infrastructure.
Does Premium Residency provide a pathway to citizenship?
Since 2024, Premium Residency holders have been eligible to apply for Saudi Arabian citizenship. However, the naturalization process is subject to several requirements, including residing in the country for 10 years and demonstrating proficiency in Arabic.
Get expert advice from a Mirsatori specialist at your convenience
Consult with a Mirsatori specialist in the way that works best for you. We will review your request, assess the scope of work, calculate the cost of support, and offer a solution aligned with your goals. Fill out the form to schedule a meeting in the office or online
