About
This Product targets real estate owners in Saudi.
Saudi is one of the safest countries in the world, ranked third among G20 nations in the Security Indicator. Saudi aims to have three cities among the world’s best 100 cities in which to live.
General Benefits
Reside in Saudi with family members, including parents, spouses, and children under 25.
Flexibility to move from one establishment to another.
Exemption from the fees imposed on expats and their dependents and companions.
Exit and return to Saudi for the premium residency holder and their family members without requiring a visa.
The entitlement to obtain visit visas for relatives.
Use tracks dedicated to citizens at airports.
The entitlement to work in the private sector and move between establishments applies to the husband, wife, and dependents, including the daughters' and sons' dependents.
Conducting business under the guidelines of The Investment Law.
Own and Usufruct real estate.
Eligibility Criteria
Own or Usufruct real estate assets worth a minimum of SAR 4,000,000 within Saudi
The property is free from existing and future mortgages.
The real estate must be residential.
The real estate must be developed and not from undeveloped or unimproved lands.
The real estate asset must be appraised by accredited valuers within the Saudi Authority for Accredited Valuers “Taqeem”.