The Saudi Arabia’s Council of Ministers approved the Special Privilege Iqama scheme that provides qualified foreigners a number of residency benefits.
which allows expatriates to live & work in the Kingdom without the need of a local sponsor (Kafeel) for the first time.
Plans for the scheme were discussed & approved by the shoura council.
The new Privileged Iqama system offers benefits to highly skilled expatriates & owners of capital funds.
It is different from the current iqama system, because residents would not require a Saudi sponsor (Kafeel) or employer.
There will be two types of Iqamas one for an unlimited period & the other for one-year validity that’s subject to renewal. The requirements for this new type of residency permit include a valid passport, enough financial resources, sound health report & certificate of no criminal record.