In a bid to promote its global standing and attract talent and investments, Saudi Arabia has launched five unique visa types called “Premium Residency Products.” It is one of the crucial aspects of Saudi Vision 2030 to reshape its economy and foster transferring knowledge.
5 New Saudi Arabia Visas for Multiple Opportunities
Special Talent Residency: Designed for healthcare, science and research specialists to enhance knowledge and technology sharing.
Gifted Residency: Addressing skilled individuals to contribute in the cultural and sports sectors of Saudi Arabia.
Investor Residency: Designed for investors who want to benefit off the booming business environment.
Entrepreneur Residency: Targeted to enthusiastic future entrepreneurs who want to start and grow an innovative initiative.
Real Estate Owner Residency: Providing a good lifestyle to those who own real estate in the country.
Vision 2030 in Action: Emphasis on Value Addition
The Chairman of Premium Residency Centre Dr. Majid bin Abdullah Alkassabi, brought attention to the generosity of these visas as inclusive to people who can contribute in Saudi national economy and take an active part in the country’s developmental ride.
Details Awaited: Duration and Benefits
Though details about duration and the costs associated with the new visas are not yet made public, these Premium Residency products are to offer a variety of benefits for both their users and family members, including business operations, real estate property ownership and work permits. This initiative shows that Saudi Arabia is serious about its commitment to becoming a diversified and a knowledge-based economy.
