Saudi Arabia grants premium residency to 73 applicants

The Premium Residency Center of Saudi Arabia has announced the granting of the first batch of applicants for premium residency in the Kingdom. (Shutterstock/File Photo)
Updated 12 November 2019
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Saudi Arabia grants premium residency to 73 applicants

  • First batch included number of residents inside the Kingdom
  • Center said that it has received thousands of applications through its electronic platform

RIYADH: The Premium Residency Center has announced the granting of the first batch of applicants for premium residency in the Kingdom after they met the system’s requirements.

The center said in a statement issued on Monday that the first batch of premium residency holders included a number of residents inside the Kingdom, and others from outside, as their applications have been studied and processed over the past months according to procedures.

The number of premium residency holders in this batch amounted to 73 people representing 19 nationalities. 

Their categories included investors, doctors and those willing to settle with their families, while processing is continuing for the rest of the applications.

The center said that it had received thousands of applications through its electronic platform from inside and outside the Kingdom in recent months, where specialized teams from the center are studying applications and communicating with applicants to ensure the maintaining of conditions set by the premium residency system.

The program took effect three years after Crown Prince Mohammed bin Salman announced it as part of the Kingdom’s Vision 2030 reform plans.

The new system will not undermine citizens’ rights, rather it will serve their interests, the crown prince said in an interview with Al Arabia TV.

He affirmed that the premium residency will be an important source of revenues to boost the Saudi economy and will contribute to the creation of jobs for the public.

There are two types of premium residency: Permanent Premium Residency with a one-time payment for life SR800,000 ($213,000), and Premium Residency with a yearly financial fee and many privileges costing SR100,000.

Analysts say 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.

Saudi Arabia is currently home to some 10 million overseas workers.


Amr Moussa: Saudi Arabia and Egypt must lead Arabs for true peace

Updated 23 January 2026
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Amr Moussa: Saudi Arabia and Egypt must lead Arabs for true peace

RIYADH: Amr Moussa, former Arab League secretary-general, has called for the establishment of an effective Arab leadership led by Saudi Arabia and Egypt, in partnership with Jordan, to unify regional positions and negotiate on the Palestinian cause and broader regional future.

During a panel discussion at the King Fahd National Library in Riyadh on Thursday evening, Moussa stressed this was “both vital and achievable” and emphasized the primary goal should be the establishment of a fully sovereign and effective Palestinian state: “True peace is only that which protects all parties … we need genuine peace, not a facade or a superficial justification,” he said.

Such a state must be “responsible for security and peace in the Middle East alongside its neighbors,” rather than a fragile entity, he added.

Moussa underlined that achieving this objective first requires the Arab world to demonstrate the capacity for unified and decisive action. “Are we as Arabs truly capable of being ‘we,’ or has that moment passed?” he asked.

He said the firm positions taken by Saudi Arabia and Egypt in rejecting forced displacement and calling for an end to aggression “underscore that it is possible to assert ‘no’ when the Arab stance is justified.”

Warning of the severe consequences of maintaining the status quo, he added: “If things continue this way … there will inevitably be something akin to October 7 again, because injustice breeds resistance.”

He placed full responsibility on Israel, saying it “bears complete responsibility for the chaos and destruction.”

On a practical mechanism to implement a unified Arab stance, Moussa proposed that Saudi Arabia and Egypt take the lead in establishing a diplomatic baseline, representing their “yeses and noes” in consultation with other Arab states. This framework, he said, would counter any attempts to impose unjust solutions under labels such as the new international “Peace Council,” which might “demand Palestinian concessions on Palestinian land.”

On whether peace was possible with the current Israeli government, which he described as “not committed to peace,” Moussa said: “There are other Israelis who speak the language of peace.” He urged efforts to “identify and support them to create a political alternative within Israel.”

He said the first thing Palestinians should do is hold comprehensive Palestinian elections as soon as possible, utilizing technology to ensure all Palestinians took part, including those in Jerusalem, to select a new leadership “with strong negotiating legitimacy.”

Moussa also warned that the challenges “are not limited to Palestine,” saying the Arab world faces interconnected crises in Syria, Yemen, Sudan, Lebanon and Libya, alongside shifts in the international order and the race for space.

“The issue of our future (requires) reviving a new Arab world,” capable of actively shaping that future rather than being marginalized, the former secretary-general concluded.