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In 2019, Saudi Arabia has introduced a new scheme known as the Premium Residency (informally Saudi Green Card) which grants expats the right to live, work and own business and property in the Kingdom without need for a sponsor. [33] The unlimited duration premium residency is granted for $213,000 while the limited residency costs $26,660 per year.
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]
While many Saudi native men found employment with the government, there were not enough government jobs as over 65% of the population is of working age. [8] ' Saudization' of the workforce has been a goal of the kingdom since at least the Fourth Development Plan (1985–1989) which called for replacing foreign workers with Saudi natives as one of its objectives.
Pages in category "Expatriates in Saudi Arabia" The following 7 pages are in this category, out of 7 total. This list may not reflect recent changes. *
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 kafala system in Saudi Arabia previously tied workers to their employers, or sponsors, who are responsible for the employees’ visa and legal status. The new law limited the relationship between employers and expatriate workers under the system, who primarily work in construction and domestic work.
The 2004 report by the Saudi Statistics Department of the Ministry of Economy and Planning acknowledges that non-Saudis account for 67% of the Kingdom's labor force, while it is estimated expatriates hold 85–90% of the private sector jobs. There is no minimum wage and workers do not have the right to organize or strike.
Saudi Arabia is currently the largest exporter of petroleum in the world. [17] Other major parts of the economy include refining and chemical manufacturing from the oil reserves, much of which is vertically integrated in the state-owned enterprise, Saudi Aramco. Saudi Arabia is a permanent and founding member of OPEC.
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