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The introduction of the Premium Residency comes as a part of Saudi Arabia's Vision 2030 reform plan, which was announced by Crown Prince Mohammed bin Salman to boost the Saudi economy. [3] The permanent residency is granted for SAR 800,000 (US$213,000 as of 2022) while the one-year renewable residency costs SAR 100,000 ($26,660).
Saudi women who give up citizenship upon marriage to a foreign husband (the marriage should complete 10 years and should have three children) has the right to take up Saudi citizenship if she divorces or returns to Saudi Arabia. One can only apply for citizenship if he is mature. Additional conditions are in place before the government will ...
With a minimum investment of $400,000 in property, investors can eventually earn their citizenship. This beachy locale also boasts a strong passport, with the opportunity for visa-free travel to ...
Turkey offers Turkish Citizenship by Investment (TCBI). Investors are required to purchase real estate worth at least US$400,000 and hold it for 3 years or deposit US$500,000 in a bank in Turkey for a period of 3 years. Upon investing as above and submitting citizenship application duly, a Turkish passport is granted typically within 6 months.
Saudi Arabia has granted citizenship to a group of expatriates including doctors, clerics and academics, becoming the second Gulf Arab state to introduce a formal naturalization programme for ...
The country passed a personal income tax law in 2007, effective 2009, removing citizenship as a criterion to determine residence. [172] In Iran, Iraq, North Korea, the Philippines and Saudi Arabia, citizenship is relevant for the taxation of residents but not for nonresidents.
Saudi Arabia has stripped citizenship from Hamza bin Laden, the son of slain al Qaeda leader Osama bin Laden, the interior ministry said in a statement published by the official gazette. The U.S ...
Despite this, the time a New Zealander spends in Australia on a Special Category Visa may count as permanent residence the purpose of acquiring citizenship. A citizen of a Gulf Cooperation Council (GCC) member state (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates) can live and work in other member states. [citation needed]