Saudi Arabia approves new ‘green card’ residency for skilled professionals, investors

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Saudi Arab has abolished decades-old Kafala system under which a migrant worker’s immigration status is legally bound to an individual employer or sponsor (kafeel) during the contract period, according to a report by Arab News on Thursday.

The kingdom’s Shura Council has approved a “green card”-style residency scheme.

The authorised draft of the new Privileged Iqama system will offer a raft of benefits to highly skilled expatriates and owners of capital funds. Unlike the existing iqama system, such residents would not require a Saudi sponsor or employer.

The benefits on offer include the ability to recruit of workers; ownership of property and transport; employment in the private sector, commerce and industry; freedom of movement and exit from the kingdom and return; and the use of designated queues at airports.

Under the system, which requires a guarantee of specific fees, there are two categories: An extended iqama and a temporary one.

Eligible expatriates must have a valid passport with a credit report, a health report and no criminal record.