2023-07-19 19:29:08
Thanks to the amendments made to the residency system in the Kingdom of Saudi Arabia, the matter has become more clear regarding temporary and permanent residencies. With these changes aimed at offering a more attractive environment for immigrants, residency permits are now divided into two types: indefinite-term residency and fixed-term residency, renewable for one year.
Penalties and renewal of residence permits
Among the new rules is the possibility of renewing residency through banks or electronic methods. The penalty for not renewing the residency is up to 1000 riyals in case of delay. As for the renewal costs, they vary and include:
650 riyals to renew the residence of the worker in the establishment. 600 riyals to renew the residency of domestic workers. 2000 riyals to renew the residence of the accompanying persons.
Investment permanent residencies
For those wishing to obtain permanent residency, the procedures require some things such as a valid copy of the passport, medical examination, criminal record, and proof of financial suitability. Fines for these stays amount to 800,000 riyals, while the cost of permanent residence for the year is up to 100,000 riyals.
In terms of fines related to renewal, the fees range between 500 riyals in the first stage and 100 riyals in the second stage, while in the third stage the expatriate is deported to his country.
Investment residencies also provide many benefits, such as the possibility of obtaining entry permits for all family members, and many privileges that include means of transportation and owning real estate.
Certainly, the new Saudi residencies are an opportunity for expatriates to experience a life full of opportunities in the Kingdom of Saudi Arabia. Thanks to these new adjustments, it has become possible to take advantage of the available opportunities and achieve a better life.
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