Permanent residency is available for a minimum investment of approximately USD 213,000 or SAR 800,000. A visa to Iqama costs 650 SAR (approximately 175 USD) per year.
Can ownership of property lead to residence in Saudi Arabia?
Yes, owning property can be a route to obtaining residency in Saudi Arabia, but specific conditions must be met: location: The property must be located in a designated residential area. Ownership: The property must be registered in the name of the applicant. Residence permit: The applicant should hold a valid residence permit from the Ministry of the Interior. Financial requirements: Adequate financial resources are required to support the applicant and their family. Once these prerequisites are met, applicants can apply for a residency permit, which will begin the process of obtaining residency in Saudi Arabia, which involves several steps such as obtaining a residency permit, registering with the local government and securing a residency card.
Saudi citizenship is granted to children born inside or outside the Kingdom if they were born to a Saudi father. Saudi citizenship is also granted to a Saudi mother and a father of unknown nationality or a father who is stateless.
