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Paul Beare Wins IR Global Member Of The Year
Paul Beare has been named Member of the Year at this year’s IR Global Conference in Amsterdam.
The Biggest Problem With Running A UK Payroll
We explore the biggest problem with running a UK payroll, together with the required functions of payroll calculations and net salary.
Taking It For Granted: How The UK Government Helps Growing Firms
In the UK, a number of government agencies offer a range of grants to help smaller firms to grow and prosper. The grants are typically designed to support innovation, encourage job creation, and underpin growth. In the last few years, a number of new initiatives have emerged, including grants aimed at boosting green technology and digital transformation.
Start-ups Wasting Over 2 Weeks And £37 Billion A Year On Admin
UK start-ups and microbusinesses are wasting over two working weeks every year on admin tasks, including managing mobile phone contracts, choosing energy providers, and buying insurance – according to new research.
The Costs For International Businesses Employing In The UK
In an ever-globalising business landscape, expanding operations to the United Kingdom can be a strategic move for international companies seeking new opportunities.
Saudi Arabia Grants Permanent Residency
The Kingdom have been hinted at the idea of releasing permanent residency permit for those who want to stay in the Kingdom long term and earlier this year they finally announced they would be releasing the permits. The first group of 73 individuals have been granted their residency permits coming from 19 countries and include investors, financiers and doctors
There are two options for those applying for residency:
Option 1: Unlimited Duration Premium Residency (SP1)
This option gives lifetime residency in the Kingdom and has a one time fee of SAR800,000 ($213,340).
Option 2: Limited Duration Premium Residency (SP2)
The SP2 option gives a one year residency permit and costs an annual fee of SAR100,000 ($26,668).
The residency permit gives individuals the right to switch jobs, exit the Kingdom freely and sponsor visas for their families.
To apply for residency, the following criteria must be fulfilled:
- The applicant must have a valid passport
- The applicant must be at least 21 years of age.
- The applicant must not have a criminal record
- The applicant must provide evidence of their financial solvency
- The applicant must provide a health report on the health status of the applicant
- The applicant must hold a valid Iqama if applying from within the Kingdom