To request the Saudi Arabia Gold Card, follow the application process and meet the eligibility criteria.
This card offers valuable benefits for those seeking residency or investment in Saudi Arabia.
This guide will teach you the steps, required documents, and what to expect.
Eligibility Criteria for the Gold Card
To qualify for the Saudi Arabia Gold Card, you must meet specific criteria set by the government.
These requirements ensure that only eligible individuals can apply.
- Age Requirement – Applicants must be at least 18 years old.
- Clean Criminal Record – Must not have any criminal history or pending legal cases.
- Proof of Income – Must demonstrate a steady and sufficient income source.
- Investment in Saudi Arabia – A specified minimum amount is required to invest in the Saudi economy.
- Valid Passport – Must hold a valid passport from the applicant’s home country.
- Medical Clearance – Applicants need to pass a medical examination.
- Residency in Saudi Arabia – Must already reside in Saudi Arabia or have a valid residency visa.
- Government Approval – Final approval is required from Saudi government authorities.
Benefits of the Saudi Arabia Gold Card
The Saudi Arabia Gold Card offers numerous benefits, making it a valuable option for eligible applicants.
Here are the key advantages of holding this card.
- Permanent Residency – Allows for long-term stay in Saudi Arabia.
- Business Ownership – Ability to own businesses and invest freely.
- Tax Benefits – Access to tax advantages and exemptions.
- Real Estate Ownership – Permission to own property within Saudi Arabia.
- Multiple Entry Visa – Easier travel with a multi-entry visa.
- Family Sponsorship – Eligible to sponsor family members for residency.
- Access to Public Services – Use of public services such as education and healthcare.
- No Need for a Local Sponsor – Freedom from the requirement of a local sponsor for residency.
Step-by-Step Application Process
Applying for the Saudi Arabia Gold Card requires following a specific process to ensure all steps are completed correctly.
Here's a step-by-step guide to help you apply.
- Check Eligibility – Review the eligibility criteria to ensure you qualify.
- Gather Required Documents – Collect documents such as your passport, proof of income, and medical clearance.
- Complete the Application Form – Fill out the online or paper application form provided by the Saudi government.
- Submit Application – Submit your completed application and documents through the official channels.
- Pay Application Fees – Pay the necessary application fees as required.
- Wait for Processing – Wait for the government to review your application, which may take several weeks.
- Attend an Interview (if required) – You may be asked to attend an interview or provide additional information.
- Receive Approval – You will receive your Saudi Arabia Gold Card once approved.
Fees and Costs Associated with the Gold Card
Applying for the card involves certain fees and costs. Here’s a breakdown of the financial aspects involved.
- Application Fee – Approximately SAR 7,000 (around USD 1,865), non-refundable.
- Annual Residency Fee – SAR 100,000 (around USD 26,600) for permanent residency.
- Investment Requirement – Minimum investment of SAR 500,000 (around USD 133,000) in the Saudi economy.
- Medical Examination Fee: It varies, but it is typically around SAR 500 to SAR 1,000 (around $133 to $266 USD).
- Renewal Fee – SAR 100,000 (around USD 26,600) per year to maintain the card.
Timeline for Receiving the Saudi Arabia Gold Card
The timeline for receiving the card involves several steps, from application submission to final approval.
Here’s a breakdown of what you can expect during the process.
- Application Submission – Takes about 1-2 weeks to prepare and submit the required documents.
- Initial Review – The government typically takes 3-4 weeks to review the application and verify documents.
- Additional Information Requests (if needed) – You may be asked to provide more information, which could add 1-2 weeks.
- Approval Decision – Final decision is made within 6-8 weeks after submission.
- Card Issuance – Once approved, the Gold Card is issued within 2-3 weeks.
Maintaining Your Saudi Arabia Gold Card Status
To maintain your Saudi Arabia Gold Card status, you must follow specific guidelines and meet certain obligations.
Here’s a list of crucial steps to keep your residency valid.
- Annual Residency Fee Payment – Ensure timely payment of the SAR 100,000 (around USD 26,600) annual residency fee.
- Adherence to Residency Rules – Follow all the Saudi government's residency rules and regulations.
- Renewal Process – Submit your renewal application and required documents before the expiration of your card.
- Maintain Investment Requirements – Continue meeting the Saudi economy's investment obligations.
- No Criminal Activity – Maintain a clean criminal record to avoid forfeiting your card status.
- Keep Updated Personal Information—Inform the authorities of changes in your personal information, such as address or employment.
FAQs About the Saudi Arabia Gold Card
Below are some frequently asked questions about the Saudi Arabia Gold Card that cover new details that have yet to be discussed.
These additional answers will provide more clarity on specific aspects of the card.
Is there a limit to the number of Gold Cards issued each year?
- No, there’s no yearly limit on Gold Cards.
Can I buy a property with the Gold Card?
- Yes, but only in designated areas.
Does the Gold Card provide children with access to public education?
- Yes, your children can attend public schools and universities.
Do I need health insurance to maintain my Gold Card?
- Yes, health insurance is required.
Does holding the Gold Card give me automatic Saudi citizenship?
- No, it provides residency, not citizenship.
Is the Gold Card valid indefinitely?
- No, it must be renewed yearly.
Can Gold Card holders work without a sponsor?
- Yes, no sponsor is needed for work or business.
To Wrap Up
The Saudi Arabia Gold Card offers valuable benefits, from permanent residency to investment opportunities.
You can unlock these advantages by following the application process and meeting the requirements.
Take action today and start your journey toward securing the Saudi Arabia Gold Card.
Disclaimer
This article provides general information about the Saudi Arabia Gold Card, which should not be considered official legal or financial advice.
Please consult the official Saudi government sources for specific requirements and up-to-date details.
