Saudi Arabia Unveils New Residency Scheme for Professional Workers and Investors

Saudi Arabia has rolled out a new residency program to attract skilled workers and investors from across the globe. The said program mirrors the nation’s vision, popularly known as Vision 2030, geared toward diversifying its economy away from dependency on revenues from oil.

Key Features of the Program

Eligibility: The program largely involves highly qualified professionals and investors who are of relevance to the economic growth of the country.

Benefits: Among these, applicants would benefit from the aspect of long-term residence, which allows them to stay in Saudi Arabia and work accordingly. They would also benefit from a wide-ranging spectrum of services and facilitations that relate to healthcare and education.

Application Process: Applications may be lodged through a fast-tracked online portal that creates ease and convenience for users.

It forms part of the diversified efforts the Kingdom is making toward a more vibrant economy, innovative, and full of global talent. This new residency program should become instrumental in realizing rather ambitious goals set out in the ambitious plan for 2030.

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