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Tuesday, May 08, 2018

List of New Iqama Fees in Saudi Arabia From 2018 up to 2020

Saudi Arabia is still one of the top destinations of Overseas Filipino Workers (OFW), especially for skilled workers. To manage expatriate or foreign hiring in the kingdom, the government is using Iqama also known as a residence permit. This permit is being issued to all expatriate who arrived in Saudi Arabia on an employment visa.
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Saudi Arabia is still one of the top destinations of Overseas Filipino Workers (OFW), especially for skilled workers. To manage expatriate or foreign hiring in the kingdom, the government is using Iqama also known as a residence permit. This permit is being issued to all expatriate who arrived in Saudi Arabia on an employment visa.  But heads up expats in Saudi Arabia, because there is an increase in Iqama fees in the Kingdom starting this year until 2020. For OFWs in Saudi Arabia or for those who are planning to work in the country, the following are Iqama fees for the next few years.  Iqama Services Fee for 2018, 2019, and 2020  For Domestic Worker 600SR — Iqama fee for the first timer (500SR Iqama Fee + 100SR Work License Fee 650SR — for renewal  For Employees working in the business establishments (Starting January 1, 2018)  If more than 50% of the employees in your company are Saudi nationals, then your fees will be the following; Work Permit Fee — 3,600 SR Iqama Fee —650SR Average Insurance — 450 SR ___________________________ Total — 4,700 SR  If more than 50% of the employees in your sponsored company are foreign workers or expatriate, then your fees will be the following; Work Permit Fee — 4,800 SR Iqama Fee — 650 SR Average Insurance — 450 SR ___________________________ Total — 5,900 SR  For Employees working in the business establishments (Starting January 1, 2019)  If more than 50% of the employees in your sponsored company are Saudi nationals, then your fees will be the following; Work Permit Fee — 6,000 SR Iqama Fee —650SR Average Insurance — 450 SR ___________________________ Total — 7,100 SR  If more than 50% of the employees in your sponsored company are foreign workers or expatriate, then your fees will be the following; Work Permit Fee — 7,200 SR Iqama Fee — 650 SR Average Insurance — 450 SR ___________________________ Total — 8,300 SR  For Employees working in the business establishments (Starting January 1, 2020)  If more than 50% of the employees in your sponsored company are Saudi nationals, then your fees will be the following; Work Permit Fee — 8,400 SR Iqama Fee —650SR Average Insurance — 450 SR __________________________ Total — 9,500 SR  If more than 50% of the employees in your sponsored company are foreign workers or expatriate, then your fees will be the following; Work Permit Fee — 9,600 SR Iqama Fee — 650 SR Average Insurance — 450 SR _______________________________ Total — 10,700 SR

But heads up expats in Saudi Arabia, because there is an increase in Iqama fees in the Kingdom starting this year until 2020. For OFWs in Saudi Arabia or for those who are planning to work in the country, the following are Iqama fees for the next few years.

Read: Saudi Expat Dependent's Fee Must Be Paid First Before Iqama Renewal Or Exit-Reentry Visa
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Iqama Services Fee for 2018, 2019, and 2020

For Domestic Worker

  • 600SR — Iqama fee for the first timer (500SR Iqama Fee + 100SR Work License Fee
  • 650SR — for renewal
For Employees working in the business establishments (Starting January 1, 2018)

If more than 50% of the employees in your company are Saudi nationals, then your fees will be the following;

  • Work Permit Fee — 3,600 SR
  • Iqama Fee —650SR
  • Average Insurance — 450SR

___________________________

Total — 4,700 SR

If more than 50% of the employees in your sponsored company are foreign workers or expatriate, then your fees will be the following;

  • Work Permit Fee — 4,800 SR
  • Iqama Fee — 650 SR
  • Average Insurance — 450 SR

___________________________

Total — 5,900 SR

Read: Iqama Number, No Longer Needed in Reloading Your Sim Card in Saudi Arabia

For Employees working in the business establishments (Starting January 1, 2019)

If more than 50% of the employees in your sponsored company are Saudi nationals, then your fees will be the following;

  • Work Permit Fee — 6,000 SR
  • Iqama Fee —650SR
  • Average Insurance — 450 SR

___________________________

Total — 7,100 SR



If more than 50% of the employees in your sponsored company are foreign workers or expatriate, then your fees will be the following;
  • Work Permit Fee — 7,200 SR
  • Iqama Fee — 650 SR
  • Average Insurance — 450 SR

___________________________

Total — 8,300 SR

For Employees working in the business establishments (Starting January 1, 2020)
If more than 50% of the employees in your sponsored company are Saudi nationals, then your fees will be the following;

  • Work Permit Fee — 8,400 SR
  • Iqama Fee —650SR
  • Average Insurance — 450 SR

__________________________

Total — 9,500 SR

If more than 50% of the employees in your sponsored company are foreign workers or expatriate, then your fees will be the following;

  • Work Permit Fee — 9,600 SR
  • Iqama Fee — 650 SR
  • Average Insurance — 450 SR

_______________________________
Total — 10,700 SR

This article is filed under: Saudi Arabia, Iqama Fees in Saudi Arabia

SEE MORE:

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For a decade, the Kingdom of Saudi Arabia is the top destination of Overseas Filipino Workers (OFWs) and other expatriate workers around the world.  This 2018 the Kingdom is imposing major economic overhaul to reduce its dependence on oil revenues. Hence, five percent of Value Added Tax (VAT) is implemented that greatly affects expat workers together with the OFWs.  Nowadays, VAT is not only affecting OFWs in Saudi Arabia, but they are also affected by the Saudization where foreign workers are no longer accepted in certain jobs or professions that are now reserved for Saudi citizen only. It is reported that by the end of 2018 many sectors will be fully Saudized under the campaign to replace at least 30,000 expats in Tourism, retail stores, and shopping malls.
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