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flag Saudi Arabia explores expanding premium residency to attract wealthy foreigners, including superyacht owners and investors in Vision 2030 projects.

flag Saudi Arabia is considering expanding its premium residency program to attract wealthy foreigners, including superyacht owners and high-net-worth investors in Vision 2030 projects like Diriyah. flag The initiative, part of Crown Prince Mohammed bin Salman’s economic diversification plan, could offer visa-free entry, work rights, and family sponsorship. flag Currently, the program targets high earners and property investors, with non-Saudis now allowed to buy real estate in select areas since January 2026. flag Alcohol sales are permitted for premium residents and high-income earners at designated locations. flag Expansion plans are under review but not yet finalized.

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