No sponsor? No problem: Saudi Shoura Council approves new ‘green card’ residency

Saudi Arabia's Shoura Council on Wednesday approved a new “Privileged Iqama” system for expatriate residents. (shutterstock/File photo)
Updated 10 May 2019

No sponsor? No problem: Saudi Shoura Council approves new ‘green card’ residency

  • The new Privileged Iqama system will offer a raft of benefits to highly skilled expatriates and owners of capital funds

JEDDAH: Saudi Arabia’s Shoura Council on Wednesday approved plans to attract entrepreneurs and investors from overseas with a “green card”-style residency scheme.

The authorized draft of the new Privileged Iqama system will offer a raft of benefits to highly skilled expatriates and owners of capital funds. Unlike the existing iqama system, such residents would not require a Saudi sponsor or employer.

The benefits on offer include the ability to recruit of workers; ownership of property and transport; employment in the private sector, commerce and industry; freedom of movement and exit from the Kingdom and return; and the use of designated queues at airports.

Under the system, which requires a guarantee of specific fees, there are two categories: An extended iqama and a temporary one.

Eligible expatriates must have a valid passport with a credit report, a health report and no criminal record.

Last month, the Ministry of Labor and Social Development announced the launch of its Gold Card extended residence program.

The ministry called on consultants and agencies to analyze the possibility of providing incentives to beneficiaries.

The Gold Card program is part of the Quality of Life Program 2020, which was launched in 2018 by the Council of Economic and Development Affairs.

The aim of the Gold Card program is to promote expatriates’ engagement with Saudi culture, and to increase acceptance of other cultures among Saudis.

 


Islamic Cooperation says Florida accident does not represent tolerant values of Saudis

Updated 07 December 2019

Islamic Cooperation says Florida accident does not represent tolerant values of Saudis

The Organization of Islamic Cooperation (OIC) expressed Saturday sorrow over the shooting incident that took place in Florida that killed three and injured several others.

The organization condemned the attack in a statement, and stressing that the shooter did not represent the tolerant Islamic values of the Saudi people and all Muslims who believe in “tolerance and moderation.”

The Secretary-General of the OIC, Yousef Al-Othaimeen, offered condolences to the families of the victims and expressed his wishes for a speedy recovery for the injured.