Exemption from expat 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 visa may be exempted from expat levy or dependent rate. To avail this form of visa, holders must first have a 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 as well as sons who’re much less than 21 years of age.
It will also permit holders to achieve go to visas for spouse and children, recruit house enables, very own actual property gadgets for residential, industrial and business purposes in 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 however put money into real estate gadgets there for periods of as much as ninety nine years. The use of 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 visa and their on the spot family members can own method of transportation, 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 even permit bearers to tour out of the Kingdom and come back with out hassle and can 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 each 12 months. The preconditions for acquiring the special residency allow encompass 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 have 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 in case the records furnished in the utility is discovered to be wrong later.