Saudi Arabia is rapidly transforming into one of the most attractive destinations for foreign investment, innovation, and talent. Key to this transformation are reforms that make it easier for investors, entrepreneurs, and highly skilled individuals to live, work, and invest in the Kingdom. Among these reforms are the Visiting Investor eVisa and the expanded Premium Residency (also called “Haven Visa”) programs.
If you’re considering taking advantage of these opportunities, here’s a detailed guide on what they are, how you qualify, the benefits, and how to apply.
What are the Investor eVisa & Premium Residency?
Visiting Investor eVisa: A digital business visit visa allowing foreign investors to come to Saudi Arabia to explore investment opportunities, meet counterparts, and negotiate deals. No sponsor required.
Premium Residency: A residency permit that doesn’t require a Saudi sponsor, available in multiple categories (Exceptional Competence, Investor, Entrepreneur, Real Estate Owner, Talent, etc.). There are both limited-duration and unlimited-duration residency permits.
Key Benefits
Live and work in Saudi Arabia without local sponsorship.
The ability to own real estate properties, vehicles, and invest in the Kingdom.
Freedom to exit and enter Saudi Arabia without needing a visa, under certain categories.
Exemption from certain expat levies (e.g. fees, sponsorship costs).
For the Visiting Investor eVisa: instant or fast digital issuance, ability to apply online without needing to go through a Saudi mission abroad.
Who is Eligible & What Are the Requirements
Here are the typical eligibility criteria and requirements for both eVisa and Premium Residency paths:
Category
Key Requirements
Investor eVisa
Valid passport (often minimum 6 months validity), medical insurance, compliant with visa terms (no paid work unless authorized), digital application via MOFA / InvestSaudi platforms.
Premium Residency
Must qualify under one of the categories (Investor, Entrepreneur, Talent, etc.), show financial capacity / investment plan, sometimes proof of ownership or business operations in Saudi Arabia, clean legal record.
Also, there are legal documentation requirements: commercial registration, licensing via the Ministry of Investment (for businesses), possible requirement to have physical or demonstrated operational presence, proof of funds, sometimes letters of recommendation or endorsements.
How to Apply (Steps)
Determine which path is suitable — eVisa vs Premium Residency, based on your goals (temporary exploration vs staying long term / investing).
Prepare documentation: passport, proof of investment / business plan, licensing, financial proof, etc.
Online application via official platforms:
For eVisa: MOFA / Invest Saudi websites.
For Premium Residency: through the Premium Residency Center, meeting the category requirements.
Pay fees as required. Some categories have higher financial thresholds (entrepreneur or large investor).
Await approval. Processing times vary depending on category, documentation, etc.
Recent Changes & Trends (2024-2025)
Saudi Arabia expanded the Premium Residency program from just 2 categories to seven categories in early 2024.
Over 40,000 applications have been submitted in the 18 months from Jan 2024 through July 2025. This indicates high interest and growing trust in the program.
Investor eVisa has been expanded to all nationalities to facilitate foreign direct investment.
Important Legal & Practical Considerations
Even under Premium Residency, some professions may require additional regulatory approvals or registrations.
Tax and legal compliance is essential: ensure all corporate registration, licenses, financial disclosures are in order.
Visa rules are subject to change; staying updated is critical.
Seek expert legal advice to structure investments / business entities properly to avoid issues.
Conclusion
Saudi Arabia’s evolving visa and residency laws present a strong opportunity for investors, entrepreneurs, skilled professionals and high-talent individuals. Whether via the Investor eVisa (for temporary stays and exploration) or the Premium Residency (for long-term or permanent stay), the door is open—but entry requires meeting requirements, preparing documentation, and understanding legal obligations.
As a law firm, we are here to help you navigate the application process, ensure compliance, and maximize the benefits of Saudi Arabia’s attractive visa/residency programs.
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قانون الإيجارات في الرياض 2025: تجميد الإيجارات، حقوق المستأجرين والمالكين وكيفية الالتزام القانوني
