المملكة: 68.5 thousand registered in the Saudi Distinguished Residence Platform during 2024

The Distinguished Residence Center in the Kingdom of Saudi Arabia revealed that the number of applicants for residency by January 8, 2025 reached about 25,639 requests, while the number of registered on the platform until December 31, 2024 reached about 68,516 residencies, indicating the program’s attractiveness to investors and global competencies.
The newly established center in January 2019 and launched its electronic platform on January 10, 2024, indicated that the rates of residency were varied in the beneficiary groups, where the establishment of exceptional efficiency came in the forefront Investors of economic opportunities in the Kingdom.
11.8%also obtained the residence of executive efficiency, while the accommodation rate of talent reached 3.7%, and the property owner residency 3.3%.

Entrepreneur residence

The entrepreneur’s residence came in a low rate of only 0.6%, while the direct, permanent, permanent residence was obtained by 10.5% of the applicants, while 3.9% obtained the direct limited residence.
It is worth noting that distinguished residence aims to attract foreign investors and entrepreneurs, attract global competencies in the fields of economics, health, technology, etc., stimulate the real estate and tourism market, support the national economy by diversifying sources of income, and providing a more competitive environment for work and creativity.

The distinguished residence center also presented through its electronic platform 6 types represented in (the establishment of exceptional efficiency – the establishment of talent – the establishment of a business investor – the establishment of a pioneer – and the establishment of a real estate owner – and a distinguished residence that is not specific and specified for the duration).