ISLAMABAD: Saudi Arabia on Sunday started accepting online applications for a special residency scheme that seeks to boost investment and generate non-oil revenues.
Officially known as a “Privileged Iqama” and commonly referred to as the Saudi “green card,” the new residency scheme was first mentioned by Crown Prince Mohammed bin Salman nearly three years ago. However, the Saudi cabinet approved it last month and its website became operational on Sunday.
The program offers a permanent residency for SAR800,000 ($213,000) and a one-year but renewable residency costing SAR100,000 ($26,665.24), according to the online portal for registrations.
In order to be eligible for the new green card scheme, expatriates must meet several criteria including having a valid passport, clean criminal record, financial solvency, and authentic credit and health reports.
According to a Reuters report, over 10 million expats currently work and live in Saudi Arabia “under a system that requires them to be sponsored by a Saudi employer and be issued an exit and re-entry visa whenever they want to leave the country.”
The new scheme will allow them, however, to do business without a Saudi sponsor, buy property and sponsor visas for relatives, the website said.
Analysts believe the program will largely benefit wealthy individuals who have lived in Saudi Arabia for years without permanent residency or multinational companies seeking to do long-term business in the Kingdom.
The move is aimed at boosting non-oil revenue as the Kingdom seeks to diversify its economy as part of its Vision 2030 plan.
Experts say the new program can also benefit several Pakistanis who live in the Kingdom. Talking to Arab News last month, Pakistan’s former ambassador to Saudi Arabia, Rizwan-ul-Haq, described the scheme as a welcome development.
“The biggest benefit [of the new scheme] is that Pakistanis who have been living there are aware of their language, and they can invest in small and medium size businesses and employ other Pakistanis without relying on local partners,” he said.
“If mid- to large-scale businesses are assured of legal rights and a conducive environment,” he continued, “they would definitely move to Saudi Arabia. The educational and hospitality sectors can boom.”
Saudi Arabia launches residency scheme for expatriates to boost investment, non-oil revenue
Saudi Arabia launches residency scheme for expatriates to boost investment, non-oil revenue
- The program is designed to attract wealthy and high-skilled individuals
- Experts believe Pakistanis living in the Kingdom can benefit from the scheme
In Pakistan’s Bannu, people start their day with a sugar rush
- While much of Pakistan favors savory breakfasts, residents of Bannu prefer a sweet, caramelized halwa
- People line up before sunrise at the decades-old Speen Sar restaurant to cherish its signature dish
BANNU, Pakistan: Before sunrise, the narrow lane outside Speen Sar, a modest restaurant, fills with customers waiting for halwa, a dense sweet made from wheat starch, sugar and clarified butter, that serves as breakfast for many people in this northwestern city.
Inside the restaurant’s kitchen, the morning air is thick with the scent of caramelized sugar and heated ghee. A chef leans over a large metal vat, dissolving sugar into the hot fat before adding a slurry of flour and water. With rhythmic, heavy strokes, he stirs the mixture until it thickens into a glossy halwa.
He pours the sweet onto a tray and rushes toward the counter, where a crowd of patrons has already gathered. Three cooks work in quick succession to keep pace with demand, turning out batch after batch during the breakfast rush in Bannu, a city in Pakistan’s Khyber Pakhtunkhwa province.
While halwa is widely eaten as a dessert or festival sweet across South and Central Asia and the Middle East, Bannu stands apart for turning it into a morning staple. Across most of Pakistan, breakfast tends to be savory, typically consisting of omelets, parathas or puris, and in some places nihari, a slow-cooked meat stew. Here, however, halwa is not a side dish but the meal itself, eaten plain or with bread before the workday begins.
“We open the shop at the time of morning prayer, and after prayer, we start preparing,” says Zahid Khan, whose grandfather Akbar Ghulam opened the restaurant over six decades ago.
The shop’s name, Speen Sar — Pashto for “white-haired man” — dates back to its earliest days. Khan said the business began as a small stall run by his grandfather. As he grew older and his hair turned white, customers began directing others to the “speen sar” shop, the place where the white-haired man sold halwa. The nickname endured, eventually becoming the shop’s official identity.
Speen Sar relies on a labor-intensive process of extracting starch from wheat flour.
“In our halwa, we use ghee, sugar, flour and other ingredients. From the flour, the starch that comes out is what we use to make the halwa,” Khan explained before examining the cooking process in his kitchen.
Bannu sits at the crossroads between Pakistan’s former tribal areas and the settled plains of the northwest, and the halwa shop serves as a rare social equalizer, drawing laborers, traders, students and travelers to the same counter each morning. For many passing through the city, stopping for halwa is not optional.
“Whenever I come from Waziristan ... the first thing I do is start with halwa,” says Irafullah Mehsud, an expatriate worker. “I eat the halwa first, and only then move on to other things.”
The popularity of the dish is partly due to its shelf life and to what the owners call good quality. At Rs500 ($1.80) per kilogram, it is an affordable luxury as well.
“Our halwa is widely consumed with breakfast, and it does not spoil quickly. If you want, that you will eat it tomorrow, you can even set some aside for the next day,” Khan said, pointing to a tray of nishasta halwa, a variety made by extracting wheat starch before cooking.
While the region offers variations including sohan halwa, milk-based recipes, and carrot-infused batches, this halwa offered by Speen Sar remains the undisputed king of the breakfast table in this city.
“This is a tradition of the people of Bannu. Early in the morning, everyone eats it and comes here,” says Razaullah Khan, a student at a local college. “Eating halwa is a common practice here ... but this one is the most popular. People eat it for breakfast.”
For the elders of the city, the habit is as much about routine as it is about flavor.
“This tradition has been going on for the past forty to fifty years ever since I can remember,” says Sakhi Marjan, a local elder in his late sixties. “We first come to the Azad Mandi market and then come here to eat halwa. We really enjoy this halwa. It is delicious.”
As the sun rises over Bannu, this ‘sweet’ trade shows no sign of slowing. For those like Gul Sher, a regular from Jani Khel, a town in a neighboring tribal district, a day without the local sweet is a day started wrong.
“As soon as I step into Bannu, I start my day with halwa. After that, the rest of the day goes well,” Sher said before finishing his plate of halwa.
“It is a sweet dish, and it makes the day better. It is a good thing.”










