The Saudi government has approved for the first time a scheme that gives permanent residency to certain expatriates, allowing them to own real estate in the kingdom and reside with their families without a Saudi sponsor.
Vast wealth and the promise of dramatic change make for cautious optimism concerning Saudi Arabia, the chief executive…108 Views | the publication reaches you by | Saudi Arabia Today
The “Privileged Iqama” system will offer a permanent residence scheme and one that can be renewed annually to highly skilled expatriates and owners of capital funds. Further details and rules about the program are not yet announced.
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