Entrepreneur Residency (First Category)

السعر الأصلي هو: 9.320,00 ر.س.السعر الحالي هو: 7.500,00 ر.س.

Service Description

The Entrepreneur Residency Service (First Category) is part of Saudi Arabia’s premium residency offerings designed for entrepreneurs with the opportunity to found and grow startup companies within Saudi Arabia. This category offers a renewable five-year residency ensuring business stability and economic growth aligned with Saudi Vision 2030 General benefits: 1. Residence in Saudi Arabia with the family, including parents, spouses, and children under 25 years of age. 2. Freedom to move from one establishment to another. 3. Exemption from the financial fees imposed on expatriates and dependents. 4. The Premium Residency holder and their family members may leave and return to Saudi Arabia without the requirement of a visa. 5. Issuance of visit visas for relatives. 6. Use of dedicated lanes for citizens and GCC nationals at entry and exit points. 7. Employment in private sector establishments and movement between them for the husband, wife, and children. 8. Engaging in commercial activities in accordance with the Investment Law. 9. Ownership and use of real estate. Special benefits: Nominating two team members to obtain Exceptional Competence Residency with exemption from its criteria (for example: executives). Exemption of the establishment from the Nitaqat program for the first 3 operational years. Residency duration: 1. A fixed-term residency for five years, renewable once upon continued fulfillment of Category One eligibility criteria and a minimum actual stay of 30 months within 5 years.

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