The Premium Residency Center began receiving applications earlier this week for obtaining the Saudi Premium Residency through the electronic platform "Saprc" (saprc.gov.sa) 
Privileges that the holder of the Saudi Premium Residency shall enjoy​ include, but are not limited to; residency in the Kingdom, visit visas for relatives, ownership of real estate, working at private establishments with the ability to change jobs, exiting and entering the Kingdom at his/her own accord, engaging in business activities, in accordance with the Foreign Investment Law.​
The center offers two types of Saudi Premium Residency, the first is the Permanent Premium Residency with a one-time payment for life, and the second is Premium Residency with a yearly financial fee, and allows a resident several privileges. Through the "Saprc" platform, applicants can upload all the required documents and electronic payments for the financial fees allocated for the procedures. 
The approval by the Cabinet under the Chairmanship of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, of the Premium Residency is to give the opportunity to those who wish to reside or invest in the Kingdom, in accordance with the criteria set by the system, in an attractive investment environment that will achieve the growth and development of the Kingdom's economy, as part of Vision 2030.