As per the approval of Royal Decree along with Council of Ministers in the kingdom on the privileged residence system the Saudi Arabia Premium Residency Center opens up two Residency options for expatriates and foreign workers.
Here are the two options for Expats Saudi Premium Residency from Official website of Premium Residency Center
Distinctive residence for a specific period
It is a one-year residence (renewable) in the Kingdom of Saudi Arabia (KSA) according to the distinguished residence system, and the applicant or expat obtains it after fulfilling the statutory requirements, and needs to pay 100,000 Saudi riyals (SAR) in one year.
Distinctive residence for an unlimited period
It is an indefinite residence in the Kingdom of Saudi Arabia according to the distinguished residency system, obtained by the applicant or expatriate after fulfilling the statutory conditions, and needs to pay an amount of 800,000 Saudi riyals (SAR) for one time.
For more details you can visit www.saprc.gov.sa