Landlord Residency

This product is aimed at property owners in Saudi Arabia.

Saudi Arabia is one of the safest countries in the world, ranking third in the security index among the G20 countries, and the Kingdom is aiming for three of its cities to become among the top 100 best cities to live in the world.

General benefits:

1. Reside in Saudi Arabia with the family, which includes parents, spouses and children under the age of 25.
2. Move freely from one facility to another.
3. Exemption from the financial fees imposed on expatriates and accompanying persons.
4. Exit and return to Saudi Arabia without a visa requirement for the holder and his/her family members.
5. Issuing visit visas for relatives.
6. Use the dedicated lanes for citizens and GCC nationals at the ports of entry.
7. Working in private sector organisations and moving between them for husband, wife and children.
8. Doing business in accordance with the Investment Law.
9. Owning and utilising real estate.

Eligibility criteria:

1. Owning or benefiting from real estate assets worth at least SAR 4 million in Saudi Arabia.
2. The property must not have been mortgaged and must not be mortgaged thereafter.
3. The property type must be residential only.
4. The property must be an existing property and not developed or undeveloped land.
5. A certified appraisal of the value of the real estate asset issued by appraisers accredited by the Saudi Commission for Certified Valuers (Taqeem).