The Premium Residency Center was established on May 14, 2019, in conjunction with the Royal decree, with the approval of the Council of Ministers, on the Premium Residency System. It is an independent administrative and financial agency, associated with the Economic Affairs and Development Council. The system coordinates with all sectors and state agencies to implement the Premium Residency System which is distinguished for those who wish to obtain a distinctive residence in Saudi Arabia, through its electronic services system, its various departments, and its direct contact with customers from everywhere.