Five distinct visa categories known as New Premium Residency Products Visa have been introduced by Saudi Arabia to enhance its reputation internationally and draw in talent and investment.
One of the most important components of Saudi Vision 2030 is to restructure the country’s economy and promote knowledge transfer.
Five New Saudi Arabian Visas for Various Opportunities:
Special Talent Residency: Designed to improve information and technology sharing for experts in science, healthcare, and research.
Gifted Residency: Bringing talented people to Saudi Arabia to support the country’s sports and cultural industries.
Investor Residency: Designed for investors that want to benefit off the rising business climate.
The Entrepreneur Residency program is designed for driven aspiring business owners who wish to launch and expand a creative endeavor.
Real Estate Owner Residency: Providing a pleasant lifestyle to persons who own real estate in the country.
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Value Addition is the Main Focus of Vision 2030 in Practice
The Chairman of the Premium Residency Center, Dr. Majid bin Abdullah Alkassabi, drew attention to the fact that these visas are generously granted to individuals who may make a positive impact on the Saudi economy and actively participate in the country’s development.
Awaiting Details: Time and Advantages
These Premium Residency goods are expected to offer a range of benefits for their users and their families, including company operations, real estate ownership, and employment permits, even though the duration and fees of the new visas have not yet been made public.
This program demonstrates Saudi Arabia’s sincere desire to transform its economy into one that is knowledge-based and diversified.
