Saudi Arabia launches special residency scheme for expats
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard

Tuesday
June 28, 2022

Sign In
Subscribe
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
TUESDAY, JUNE 28, 2022
Saudi Arabia launches special residency scheme for expats

World+Biz

23 June, 2019, 04:10 pm
Last modified: 23 June, 2019, 04:11 pm

Related News

  • Saudi crown prince, Erdogan meet in Turkey with 'full normalisation' in sights
  • Saudi lifts Covid-19 travel restrictions to Turkey, India, Ethiopia and Vietnam
  • China May oil imports from Russia soar to a record, surpass top supplier Saudi
  • Biden defends meeting with Saudi prince, says talks part of broader meeting
  • The Saudi investment king who no longer rules alone

Saudi Arabia launches special residency scheme for expats

The scheme was approved by the Saudi cabinet last month, but on Sunday the online portal to apply was opened to the public.

23 June, 2019, 04:10 pm
Last modified: 23 June, 2019, 04:11 pm
Saudi Arabia launches special residency scheme for expats

Saudi Arabia launched on Sunday their new special residency scheme similar to green card systems applicable in other countries, aimed at attracting wealthy and high-skilled expats.

The residency scheme offers two types of residencies, a permanent one for 800,000 Saudi riyals ($213,321.96) and a one year but renewable residency for 100,000 Saudi riyals ($26,665.24).

The scheme was approved by the Saudi cabinet last month, but on Sunday the online portal to apply was opened to the public.

The residencies would allow foreign expats free movement, ability to own properties and to do business in the kingdom.

Currently over 10 million expats 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.

Top News

Saudi Arabia / Residency

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Photo: TBS
    Food concerns tell on clothing sales
  • Form commission to find who conspired against Padma Bridge: HC  
    Form commission to find who conspired against Padma Bridge: HC  
  • World Bank to give Bangladesh $18b IDA loans in next five years
    World Bank to give Bangladesh $18b IDA loans in next five years

MOST VIEWED

  • An anti-northern Ireland protocol poster is seen next to a road approaching Larne, Northern Ireland, May 17, 2022. REUTERS/Peter Nicholls
    Northern Ireland post-Brexit 'protocol' hurting some, a boon for others
  • Pedestrians uses a portable fan on the street during a heatwave in Tokyo, Japan, June 27, 2022. REUTERS/Kim Kyung-Hoon
    Tokyo June heatwave worst since 1875 as power supply creaks under strain
  • A Sri Lanka Air Force member checks the tokens of people queueing for fuel due to fuel shortage, amid the country's economic crisis, in Colombo, Sri Lanka, June 27, 2022. REUTERS/Dinuka Liyanawatte
    Cash-starved Sri Lanka to end fuel duopoly to ease fuel shortages
  • Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration. Photo: Reuters 
    Cryptoverse: Ether holds its breath for the lean, mean 'merge'
  • A broker monitors share prices while trading at a brokerage firm in Mumbai January 15, 2019/ Reuters
    Indian shares fall, rupee hits record low as oil prices rebound
  • A tornado touches down near Moundville in Hale County, Ala., Wednesday, March 17, 2021, causing damage to homes and downing trees. A wave of storms is pounding the Deep South, leaving a trail of splintered trees and damaged buildings. And forecasters said still more severe weather was on the way Wednesday with the potential for massive tornadoes, downpours and hail the size of tennis balls. Picture: AP
    Tornado kills one, injures 10 in Netherlands

Related News

  • Saudi crown prince, Erdogan meet in Turkey with 'full normalisation' in sights
  • Saudi lifts Covid-19 travel restrictions to Turkey, India, Ethiopia and Vietnam
  • China May oil imports from Russia soar to a record, surpass top supplier Saudi
  • Biden defends meeting with Saudi prince, says talks part of broader meeting
  • The Saudi investment king who no longer rules alone

Features

Abortion is a part of healthcare. Photo: Bloomberg

Abortion is healthcare and women’s rights are human rights

13m | Analysis
Prashanta Kumar Banerjee. Sketch: TBS

'Public Asset Management Company can be an additional tool to curb bad loans'

1h | Interviews
Aid boats navigate through the different waters of Jamalganj Upazila, giving aid to flood victims.  Photo: Masum Billah

Bandits, hunger and snakes: Flood victims pass sleepless nights

3h | Panorama
Redmi 10C- Best Budget smartphone with one (big) compromise

Redmi 10C- Best Budget smartphone with one (big) compromise

1d | Brands

More Videos from TBS

Ways to earn extra income in student life

Ways to earn extra income in student life

3h | Videos
The dormant south is ablaze with new possibilities

The dormant south is ablaze with new possibilities

16h | Videos
Russian missiles strike Kyiv

Russian missiles strike Kyiv

18h | Videos
Savings, excess liquidity in banks declining, loan demands increasing

Savings, excess liquidity in banks declining, loan demands increasing

19h | Videos

Most Read

1
Padma Bridge from satellite. Photo: Screengrab
Bangladesh

Padma Bridge from satellite 

2
Desco wanted to make a bold statement with their new head office building, a physical entity that would be a corporate icon. Photo: Courtesy
Habitat

Desco head office: When commitment to community and environment inspires architecture

3
Japan cancels financing Matarbari coal project phase 2
Bangladesh

Japan cancels financing Matarbari coal project phase 2

4
Photo: Courtesy
Corporates

Gree AC being used in all parts of Padma Bridge project

5
Photo: TBS
Infrastructure

Gains from Padma Bridge to cross $10b, hope experts

6
Photo: TBS
Bangladesh

Motorcycles banned on Padma Bridge 

EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2022
The Business Standard All rights reserved
Technical Partner: RSI Lab
BENEATH THE SURFACE
Workers unload boats and stockpile sacks of paddy at the BOC Ghat paddy market on the bank of the River Meghna in Brahmanbaria’s Ashuganj, the largest paddy market in the eastern part of the country. This century-old market sells paddies worth Tk5-6 crore a day during the peak season. PHOTO: RAJIB DHAR

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net