Saudi Arabia Grants Premium Residency to Tech Founders to Boost Innovation

Riyadh, Saudi Arabia – Today, November 7, 2025, Saudi Arabia announced it will grant Premium Residency to founders of technology-driven startups as part of a program designed to foster innovation and economic growth.

The Premium Residency for Entrepreneurs program, offered through the Premium Residency Center, specifically targets founders looking to expand their operations within the Kingdom. This initiative aims to support both job creation and the development of a more competitive entrepreneurial landscape. The move signals Saudi Arabia’s ambition to diversify its economy beyond oil and become a regional technology hub.

The Premium Residency Center currently offers seven categories of residency, including Exceptional Competence, Talent, Business Investor, Entrepreneur, Property Owner, Limited Duration, and Unlimited Duration. These residencies provide a range of benefits, such as family sponsorship, full business ownership rights, and the ability to acquire property. More details on the residency options can be found on the Premium Residency Center website.

Officials stated the decision underscores the Kingdom’s commitment to building a sustainable entrepreneurial environment and empowering the national economy with high-value employment opportunities. This initiative builds on broader efforts to attract foreign investment and talent, as outlined in Saudi Vision 2030.

The Premium Residency Center will continue to assess applications and onboard eligible founders in the coming weeks, further solidifying Saudi Arabia’s position as a growing center for technological innovation.