Exemption from ex-pat levy or based prices among different advantages.
Under Saudi Arabia’s newly announced Special Privileged Iqama (residency visa) or ‘Green Card’ scheme, holders of such visas may be exempted from ex-pat levy or dependent rate. To avail of this form of visa, holders must first have an ordinary house allow.
The special residency visa will allow bearers to live inside the Kingdom with dependents’ own family participants such as better halves and daughters and sons who’re much less than 21 years of age.
It will also permit holders to go to visas for spouse and children, recruit house enables, own actual property gadgets for residential, industrial, and business purposes anywhere in Saudi besides the holy cities of Makkah, Madinah, and inside the border regions.
Although bearers can not own houses in Makkah and Madinah, they could put money into real estate gadgets there for periods of as much as ninety-nine years. Such real estate units might be underneath mechanisms to be formulated with the aid of the ministries of justice and commerce and investment. The beneficiaries can achieve the deeds for the usage of actual property units from the notaries public.
Besides this, the holders of special residency visas and there on the spot family members can own transportation methods, work in any personal established order, and freely switch jobs. Also, the bearers will be able to soak up any activity in the personal quarter besides those reserved for Saudi residents.
The new visa will permit bearers to tour out of the Kingdom, come back without the hassle, and use unique passport desks unique for Saudi citizens at airports.
There may be two types of privileged Iqamas – Iqamas of limitless validity and Iqamas renewable every 12 months. The preconditions for acquiring the special residency allow encompassing a valid passport, enough economic liquidity, a smooth crook record, and a health certificate proving that the applicant is freed from any contagious illnesses. The applicant has to be at least 21 years antique.
The privileged Iqama can be canceled if the bearer is convicted of a crime for which she or he is sentenced to 60 days or fined SR100,000, or if she or he must be deported from the united states of America below a court order. It can also be canceled if the records furnished in the utility are discovered to be wrong later.