Important Facts of the News
- Over 100 entrepreneurs received Premium Residency.
- Recipients represent more than 20 different nationalities.
- The announcement was made during Biban Forum 2025 in Riyadh.
- The event was held at Riyadh Front Exhibition and Conference Centre.
- Themed “A Global Destination for Opportunities.”
- Residency designed to support tech-driven start-up founders.
- Supports Saudi Vision 2030 economic goals.
- Seven Premium Residency types offered by the Center.
- Residency includes rights to live, work, own property and call family.
- Biban Forum organized by Monsha’at to promote entrepreneurship.
Saudi Arabia Attracts Global Entrepreneurs Through Premium Residency
Riyadh hosted a significant moment for the global entrepreneurial community as more than 100 innovators from over 20 countries were granted Premium Residency under the Entrepreneur Residency category. This landmark announcement came during the Biban Forum 2025, an influential event held at the Riyadh Front Exhibition and Conference Centre.
Empowering Start-ups and Innovation Under Vision 2030
The initiative reflects Saudi Arabia’s ongoing strategy to become a hub for global business and innovation, aligned with the aspirations of Vision 2030. By awarding this premium residency, the Kingdom aims to attract founders of cutting-edge, technology-driven start-ups, giving them the opportunity to expand their ventures while contributing to the local economy.
Key Features of the Entrepreneur Residency
The Entrepreneur Residency is a flagship offer from the Premium Residency Center, designed to empower start-up founders looking to develop and scale their businesses within Saudi Arabia. Benefits include the ability to live in the Kingdom with family members, own property, manage businesses, and invite relatives to visit, thereby adding long-term social and economic value.
Seven Tailored Residency Options to Attract Global Talent
To attract a diverse range of professionals and investors, the Premium Residency Center offers seven residency types. These include Special Talent, Gifted, Investor, Real Estate Owner, Limited Duration, Unlimited Duration, and Entrepreneur Residency. Each of these grants exclusive privileges, making the Kingdom a competitive choice for high-skilled individuals and investors.
Biban Forum 2025: A Catalyst for Entrepreneurship
Organised by Monsha’at, the Small and Medium Enterprises General Authority, Biban Forum stands as a key enabler in fostering innovation and entrepreneurship. It brings together start-up founders, business owners, mentors, and investors in a vibrant ecosystem that promotes growth, learning, and global collaboration.
Conclusion
Through this initiative, Saudi Arabia is taking bold steps toward becoming a preferred destination for global entrepreneurial talent. The Premium Residency initiative fosters a thriving business environment, ultimately contributing to economic diversification and long-term sustainability under Vision 2030.