News 24 "Action" Announces Launch of Extended Stay Program for Foreigners

The Ministry of Labor and Social Development announced the launch of the first steps of the Foreign Resident Program (Gold Card), which aims to attract international talent and exceptional talent.

The ministry has invited expert houses, companies and specialized agencies to publicly embark on the new project to conduct an analytical study on the possibility of providing incentives to beneficiaries and to activate the program. extended residence to attract non-Saudi talent.

The Ministry identified the project implementation period over 32 months, including the pilot launch and the final version of the program, noting that the most important work of the implementation plan is distributed, namely: current situation and produce results, develop rating lists for talented people, "and to build and adopt the governance model and framework for stakeholders involved in the program to attract talented people.

It is worth mentioning that the Quality of Life 2020 program, released last year by the Council of Economic Affairs and Development, includes the initiative to activate the extended stay program (Gold Card), which aims to attract existing talent to the world and to promote the participation of expatriates in the culture of the Kingdom and to sensitize citizens to the acceptance of other cultures.