Citizen Account program outlines process for assessing five asset types
Saudi Arabia’s Citizen Account program has detailed how financial assets are evaluated by official authorities, including real estate and vehicles.
Key Takeaways
AISaudi Arabia’s Citizen Account program has clarified the process for assessing financial assets with official authorities.
In a statement on its Beneficiary Services account on X, the program explained that asset values are verified through inquiries with recognized and official bodies.
This evaluation covers real estate, vehicles, cash assets, investment portfolios, and the number of domestic workers. The program noted that while these assessments do not affect the support amount, they are measured separately and may impact eligibility.
The program also confirmed that if a beneficiary previously selected “valid rental contract on the Ejar platform,” the validity of the contract will be automatically verified through Ejar, eliminating the need for manual submission. If the beneficiary meets eligibility requirements, they will be included in the support scheme.
