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Switzerland: providing services and travelling for business
Guidance for UK businesses on rules for selling services to Switzerland.
UK lands trade deal with South Korea to boost jobs and exports
UK lands momentous trade deal with South Korea to boost jobs and exports
New laws bring the world of work into the 21st century
Over 15 million people across the UK are expected to benefit as the Employment Rights Act receives Royal Assent.
Brilliant Borders: Kenya's Customs goes digital
A new app will save time and money for big businesses and small traders alike, as a longstanding Kenya-UK partnership further improves cross-border trade.
Yorkshire family brewery taps into new export opportunities with Government guarantee
UKEF support helps Wold Top brewery to expand its exports into new markets.
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