Saudi Shoura Council approves new residency for skilled expatriates, investors

[Deeq A.]

Saudi Arabia’s Shoura Council on Wednesday approved a special residency permit for entrepreneurs, investors, and skilled expatriates. The new Green Card-style “Privileged Iqama” (residency permit) law will see foreigners benefit from the new residency scheme, which will not require a Saudi sponsor or employer.

According to the law, the residency permits will be offered to highly skilled expatriates who will benefit from added advantages including the ability to recruit workers, own property and transport, and enter and exit the Kingdom without a sponsor.

The permits will also include a family status so that a holder can issue visit visas for relatives.

There will be two types of systems under the permit, one which can be used for an unlimited period and the other valid on a yearly basis and subject to renewal.

Requirements for foreigners to obtain the new Privileged Iqama permit include having a valid passport, a good credit report, a health report, and a clean criminal record.

This new law was approved by 76 members of the Shoura Council while 55 opposed.

Al Arabiya

Qaran News

[Miskiin-Macruuf-Aqiyaar]

What sane human would want to live in that fiefdom ruled by unrepentant and unrestraint murderous so-called prince.

[Dahireeto]

Actually, this may not be a bad deal for many professionals. 

 

[Old_Observer]

Whites have almost stopped, Indians and Pakistanis are finding competition with Africans not so easy.

This may be opportunity for Africans. Even the Philippines are now being displaced by Ethiopians and the likes. Agreement was signed recently and already 100K Ethiopian maids is the number being spoken about.

[Miskiin-Macruuf-Aqiyaar]

On 5/12/2019 at 10:18 PM, Dahireeto said:

Actually, this may not be a bad deal for many professionals. 

 

Anyone who can go to Baxreyn, Qadar and Kuweyd wouldn't even think about going to Sacuudiga, albeit with the holy cities. Sacuudiga meel ma'aha xilligaan. I have a brother and his wife who moved from UK to Sacuudiga a few years ago for professional jobs. Since ay wadaado yihiin, they kinda chose Sacuudiga than other Khaliij countries.