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There is a sizable community of around 80,000 Americans living in Saudi Arabia, one of the largest populations of American nationals in the Arab world. [3] [4] Most work in the oil industry and in the construction and financial sectors. Westerners, including Americans, live in housing compounds with luxurious amenities, such as swimming pools ...
In terms of salary, expats accept a lower salary than their Saudi counterparts, as they send most of their wages to their home country, where the cost of living is lower than in Saudi Arabia. As Saudi businesses became addicted to low cost labor that could live with low working conditions, there was no incentive to automate and improve working ...
To the east of Saudi Arabia along the Persian Gulf, are the country's abundant oil fields, that since the 1960s, have made Saudi Arabia synonymous with petroleum wealth.. It is among this region that Australians have settled their expat communities, harnessing the need for individuals in the economic, technology and export sector and growing the population of Australians living in Saudi Arab
The introduction of the Premium Residency comes as a part of Saudi Arabia's Vision 2030 reform plan, which was announced by Crown Prince Mohammed bin Salman to boost the Saudi economy. [3] The permanent residency is granted for SAR 800,000 (US$213,000 as of 2022) while the one-year renewable residency costs SAR 100,000 ($26,660).
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These are lists of the world's most expensive cities for expatriate employees (not residents), according to the Mercer, [1] ECA International [2] and Xpatulator.com [3] cost-of-living surveys. Other surveys from online collaborative indices, such as Numbeo, [4] Expatistan, [5] or Eardex [6] are not covered by this article.
As of 2024, Saudi Arabia's GDP per capita has surpassed all other GCC countries except Qatar and the United Arab Emirates. Saudi Arabia's GDP per capita is estimated to be approximately $33,040 in nominal terms, ranking it 35th globally, and $70,333 in purchasing power parity (PPP) terms, ranking it as the 15th highest in the world [[18]]
Saudi Arabia has one of the fastest growing populations in the world. [29] The majority of migrant workers in Saudi Arabia come from South Asia. [29] Although migrants constitute 33% of the total population, they represent 56.5% of the total number of employees and 89% of the employees active in the private sector. [29]