Second Passport Solutions for Saudi Arabian Citizens

Saudi Arabia’s LOW RANKING PASSPORT

Saudi Arabian passport holders have visa-free access to 92 destinations worldwide. Despite this figure being higher than some of its neighbours, such as Yemen at 46 and Jordan at 66, it is still low, covering just over a third of the globe. Saudi’s Passport holds an overall passport ranking of 116 according to La Vida’s comprehensive Global Passport Ranking. The Visa-free list includes countries such as Bangladesh, Botswana, Egypt, Qatar, UAE and Hong Kong, but it does not include any European countries, USA, Canada, China, or the UK.
The reality is that when you consider the “quality” of those countries that Saudi Arabian citizens have access to, they equate to a mere 16.4% of the world’s GDP.

SECOND PASSPORT SOLUTIONS

There is however a solution through a second citizenship investment for those who can afford to invest. However, there is a lot to consider when weighing up your second citizenship options and there is no ”one size fits all” approach. Whilst every country’s passport comes with a visa-free travel list, it’s important to consider the quality of those countries included, considering factors such as GDP wealth, as well as the combined value of countries with your current passport. La Vida’s unique Passport Value report does all of this and more.

From La Vida’s experience of dealing with many wealthy Saudi Arabian nationals, we know that global business links and education are some of the key driving factors behind their desire for second citizenship. Many Saudis wish to educate their children in the world’s top schools or universities located in Europe, the UK or the USA. Holding a second passport in one of these regions makes this goal a lot more achievable.

In this case study, we have analysed some of the most popular choices for Saudi Arabian citizens and explained why.

La Vida’s Top 3 Passport Recommendations for Saudi Arabian Citizens:

Grenada

When you pair a Grenadian passport with a Saudi Arabian Passport, your visa-free access significantly increases to 179 destinations worldwide, which includes the UK, EU Schengen zone and China. This is 63.3% of the world’s GDP. An additional attraction of Grenada Citizenship is that Grenada is home to St Georges University, a top medical school affiliated with the USA and the UK. Grenadian Citizens are entitled to 90% fee reduction in their first year which has proven to be a huge draw to many Saudi Arabian citizens looking to educate their children abroad. Processing time is between 4-6 months on average and the entire application can be completed remotely. 

Malta

Malta is the highest-ranking European country offering a citizenship by Investment programme. The combination of a Maltese and Saudi Arabian passport gives the holder access to a staggering 200 countries and territories worldwide, which more than doubles GDP access, raising it from 40.5% to 81.2%. Malta’s Citizenship by Investment Programme is one of the higher-priced CBI programmes, but rightly so when you consider the impressive gains you will receive from one of the world’s most powerful passports. Investment starts from €690,000, plus fees and takes approximately 36 months. There is also an expedited 12-month route, from €830,000, plus fees. Maltese passport holders benefit from visa-free access to all other EU countries, UK, USA and Canada.

SPain

A Spanish and Saudi Arabian passport combined will grant access to 199 visa-free destinations in total, which represents 87.7% of the world’s GDP and includes the right to live, work and study anywhere within the European Union. Spanish citizenship can be granted to golden visa investors once they have completed ten years of residency. In the meantime, the Spanish Golden Visa residency permit will enable the holder visa-free travel to the Schengen Zone. Spanish passport holders also have travel access to Australia, Canada and the USA through their simple electronic visa authorisation systems, which take less than 20 minutes to complete online and are usually issued within 24 – 72 hours. Spain’s Golden Visa programme starts from $500,000 + fees.

To receive your full passport value analysis, please contact our specialist consultants today.

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