TNPSC Thervupettagam

Privileged Iqama-Saudi Green Card

May 20 , 2019 2018 days 830 0
  • For the first time, the Cabinet of Saudi Arabia approved to give permanent residency to certain expatriates by allowing them to own real estates.
  • They are eligible to reside with their families without a Saudi sponsor (Kafeel).
  • This new system is named as the “Privileged Iqama”.
  • The owned residence under the “Privileged Iqama” system can be renewed annually.
  • The scheme is commonly called as the Saudi Green Card.
  • Three years ago, this was announced for the first time by the Crown Prince Mohammed bin Salman as a part of the Vision 2030 plan.

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