Clarification of Solvency Requirements for Individuals to Obtain a Distinctive Residence



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Many wonder how much solvency is needed to obtain a distinctive home, its value and how it is proven.

The Center for Distinguished Residency pointed out that it was already necessary to obtain a separate residence to prove the ability of the individual to fulfill his obligations and bear the cost of living in the kingdom, that it is housing, education, health, etc.

The solvency or financial resources of the applicant are demonstrated by proof of his monthly income or the size of his investments, as well as supporting documents.

The Center asserts that the solvency value required for the distinctive residence is not fixed, but varies from case to case, depending on the applicant's file review to remain with the Center.

The Premium Residence Center continues to receive requests via the Saberk electronic platform.

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