Saudi Arabia offers two key residency tracks under the Premium Residency Program (PRP), introduced under Royal Decree No. M/106:
For business investors, an alternative track exists:
Set up a legal entity with minimum SAR 1 million capital, and apply through the Ministry of Investment (MISA). It includes the foreign investor license and multi-year renewable residency for the owner and dependents.
Note: Real estate investment is not yet a direct path to residency unless tied to business ownership.
One-time fee of 800,000 SAR (approx. $213,000 USD)
Typically 1 million SAR or higher, depending on business scope
Most complete cases close in 8 to 12 weeks.
We begin with a hard screening of your net worth, capital source, business plan, and past immigration history. Weak cases stop here. If your file qualifies, we build your submission strategy around the strongest available category.
Depending on your entry route, we either register your company or file directly with the Premium Residency Authority. Magyar sets up your structure, prepares your file, and manages all local filings through licensed Saudi partners.
Your file moves into security screening. This includes financial background, global criminal record checks, and a compulsory health exam. We handle the document formatting, translations, and embassy coordination.
Once cleared, final approval comes from either the Ministry of Interior (for residency-focused cases) or MISA (for investment and business-led applications). Magyar keeps you fully informed during this stage.
Upon final approval, the government issues your Premium Residency, valid for life or renewable as chosen. You gain full legal standing to live, own property, start businesses, and sponsor family inside Saudi Arabia.
You receive your Civil ID and online portal credentials to manage residency, renewals, and linked services. Magyar handles the final setup and uploads your file to the national system.
A South African logistics firm owner applied for investor residency in Saudi through Magyar. We handled MISA licensing, opened a commercial office in Dammam, and submitted the PR application. You know what, full approval was granted in 9 weeks. Residency was granted to him, wife, and three children without needing a Saudi sponsor or joint partner. Yours should be next.
We operate with Saudi legal partners authorized to file directly with MISA, GOSI, ZATCA, and the Saudi Premium Residency Center.
We build your case on published rules and file to the same offices that issue approvals, not outside agents.
We handle your foreign investor license, business registration, bank clearance, and immigration processing without outsourcing.
You get direct lines to our Riyadh office, priority embassy channels, and full assistance with document translation, notarization, and biometric appointments.
We’ve never had a residency file returned. Every application is screened, stress-tested, and pre-approved internally before submission.
Currently, only business ownership or Premium Residency qualifies. Real estate is under review as a future track.
Saudi Arabia does not use the Golden Visa branding. The Premium Residency program offers similar benefits, legally grounded in Royal Decree.
Non-Saudis pay tax on business income but not on foreign income or personal wealth. ZATCA requirements apply per case.
Yes. All documents can be submitted via Saudi embassies and authorized service centers with our legal supervision.
The SAR 800,000 track is lifetime. The SAR 100,000 track renews annually. Investor residency is linked to business activity and license validity.
This is where policy meets execution. We speak to the officials who stamp the files. If you're ready to invest, we're ready to deliver.