Monday, November 2, 2020
3 Advantages and 6 Privileges of Premium Residency of Saudi Arabia
The Premium Residency Center has identified, through its official Twitter account the advantages of Premium residency, so that its holders can live in a lively community with their families and enjoy various benefits.
The Preimum Residency Center stated that,
1. Family members of the holder of the special residency do not have to pay any financial compensation.
2. There is no limit to the number of family members who can reside in the Kingdom with the holder of the special residency. Trending : Reasons for the spread of 2nd wave of Corona virus pandemic worldwide
3. The holders of special residency and their family members belonging to them are not subject to pay special taxes, but rather they are subject to the tax provisions applicable in the Kingdom.
The 6 Privileges of Premium Residency Holder can enjoy :
1. Conducting businesses as per Foreign Investment Law
2. Ownership of real estate and usfruct on real property in Makkah and Madina
3. Exiting and Entering into the Kingdom of Saudi Arabia
4. Visiting visa for relatives. See Also : Apple is preparing for its own search engine to compete with Google
5. Working at the Private sector, with ability to change jobs
6. Ownership of private means of Transportation
