Minister of Investment: 1,238 International Investors Obtained Premium Residency

Minister of Investment Khalid Al-Falih announced that 1,238 international investors have obtained Premium Residency (Investor Residency) at the 28th World Investment Conference held in Riyadh from November 25 to 27. The conference serves as a global platform for dialogue among leaders and major investors worldwide.
Highlighting its importance, Al-Falih stressed that Premium Residency plays an important role in attracting foreign investments by streamlining processes for investors and increasing their access to the Kingdom’s lucrative opportunities, in the process boosting Saudi’s position as an attractive global investment destination.
Al-Falih further noted that Premium Residency strengthens Saudi Arabia’s investment ecosystem by attracting investors from different economic sectors, enabling them to capitalize on competitive benefits. It also aligns with Saudi Vision 2030, contributing to the national economy by generating employment opportunities, and facilitating the transfer of knowledge and exchange of expertise.
The Premium Residency Center offers seven types of residencies: Special Talent Residency, Gifted Residency, Investor Residency, Entrepreneur Residency, Real Estate Owner Residency, Limited Duration Premium Residency, and Unlimited Duration Premium Residency. They give holders numerous benefits, including the right to conduct business, live in Saudi Arabia with their families, own property, travel to and from the Kingdom without a visa, and invite relatives to Saudi Arabia, as well as benefits facilitated through partnerships with government entities.