Saudi Arabia Awards Premium Residency Visas to Entrepreneurs

Kingdom grants over 100 global innovators premium residency during Biban Forum 2025 to foster investment and entrepreneurship

Saudi Arabia has awarded premium residency visas to more than 100 entrepreneurs from over 20 countries during the Biban Forum 2025, marking a major milestone in the Kingdom’s ongoing efforts to attract global talent and strengthen its position as a hub for innovation and enterprise.

The initiative reflects Saudi Arabia’s commitment to empowering entrepreneurs and creating a vibrant business environment in line with Vision 2030 — the country’s strategic roadmap to diversify its economy beyond oil and foster sustainable growth.

The premium residency program offers recipients a range of benefits, including the ability to live, work, and invest in the Kingdom without the need for a sponsor. This allows entrepreneurs to establish and expand their ventures more freely, contributing to job creation and the overall economic transformation of Saudi Arabia.

The selected entrepreneurs represent a diverse mix of industries, from technology and healthcare to green energy, logistics, and finance. By offering residency to some of the world’s most promising business leaders, Saudi Arabia aims to nurture innovation, attract investment, and integrate international expertise into its rapidly evolving economy.

The announcement, made during Biban Forum 2025, underscores the event’s role as one of the region’s most influential gatherings for entrepreneurship and small-to-medium enterprise (SME) development. The forum brings together global leaders, investors, and innovators to exchange ideas and explore opportunities that support the Kingdom’s ambitious vision for the future.

As Saudi Arabia continues to open its doors to global talent, the premium residency initiative stands as a powerful symbol of the nation’s drive to build an inclusive, competitive, and forward-looking economy powered by creativity, entrepreneurship, and innovation.