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Thursday, May 16, 2019

Saudi Arabia Offer Permanent Residency to Some Expats



With an aim to attract skilled foreign workers and innovators to live and work in Saudi Arabia, the Kingdom has approved a new residency scheme that aimed at reducing the kingdom's dependence on oil. The consultative Shura Council passed the law this month and the cabinet announced it to the public last May 14, Tuesday.   Saudi would offer two types of residencies: 1. Permanent Residency Status 2.  Renewable Residency Status (A residency that could be renewed annually)  The government will publish details of the new rules within 90 days.  Under the new residency scheme, sponsorship is no longer require. Although the sponsorship system also known as Kafala would remain in place, privileged foreigners or highly skilled expats will be exempted under the new program that will allow them to live and work in Saudi at the same time to own a property or business.   “The special residency is for doctors, engineers, innovators, investors, and residents who contribute to the development of Saudi Arabia and lead to a prosperous future,” said Lina Almaeena, a member of the consultative Shura Council.  The new residency is also open to investors, entrepreneurs, and skilled expatriates.  Requirements for the residency include that the applicant has sufficient funds and will going to pay a so-far unspecified fee.  Saudi Arabia's move follows similar action taken by its neighbor — Qatar and the United Arab Emirates. Last September, Qatar became the first country in the Gulf that offers permanent residency to some expats while the United Arab Emirates announced a long-term visa program that will allow some expats to stay in the country up to 10 years.

With an aim to attract skilled foreign workers and innovators to live and work in Saudi Arabia, the Kingdom has approved a new residency scheme that aimed at reducing the kingdom's dependence on oil. The consultative Shura Council passed the law this month and the cabinet announced it to the public last May 14, Tuesday. 

Saudi would offer two types of residencies:

  • Permanent Residency Status
  • Renewable Residency Status (A residency that could be renewed annually)

The government will publish details of the new rules within 90 days.

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Under the new residency scheme, sponsorship is no longer require. Although the sponsorship system also known as Kafala would remain in place, privileged foreigners or highly skilled expats will be exempted under the new program that will allow them to live and work in Saudi at the same time to own a property or business.

Read: New Saudization Policy: 35 Jobs Will Be Off-Limit to OFWs; More Than 300,000 Will Be Affected

“The special residency is for doctors, engineers, innovators, investors, and residents who contribute to the development of Saudi Arabia and lead to a prosperous future,” said Lina Almaeena, a member of the consultative Shura Council. 
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The new residency is also open to investors, entrepreneurs, and skilled expatriates.  Requirements for the residency include that the applicant has sufficient funds and will going to pay a so-far unspecified fee.

Read: Top 5 Best Countries for Overseas Workers According to Survey

Saudi Arabia's move follows similar action taken by its neighbor — Qatar and the United Arab Emirates. Last September, Qatar became the first country in the Gulf that offers permanent residency to some expats while the United Arab Emirates announced a long-term visa program that will allow some expats to stay in the country up to 10 years.

Read: Want to Work Abroad as Caregiver or Caretaker? These 2 Countries Needs You!

This article is filed under Filipino workers, overseas Filipino workers, permanent residency status, Saudi green card, hiring Filipino workers and expatriate. 

©2019 THOUGHTSKOTO