ENTREPRENEUR RESIDENCY

Saudi Arabia is happening fast and is becoming a world destination in terms of innovation, investment and entrepreneurship. The Kingdom has an excellent economy, good growth prospects and a strategic location and these factors provide unmatched opportunities to foreign investors and entrepreneurs. Entrepreneur Residency program aims to equip innovators with an opportunity to have their ventures founded and have Premium Registration in Saudi Arabia register them.

This business registration service is a portrait of visionary leaders who want to succeed in the Kingdom with a combination of long-term residency benefits with business opportunities.

Entrepreneur Residency is more than just a permit; it is a strategic gateway for foreign businessmen and investors to enter Saudi Arabia’s thriving market. This program allows entrepreneurs to obtain Saudi Arabia Entrepreneur Residency while simultaneously benefiting from permanent Premium Residency, ensuring stability for families and businesses alike.

With diverse investment fields and government-backed initiatives under Vision 2030, Saudi Arabia has become an ideal destination for entrepreneurs to scale their ventures. From technology and construction to healthcare and real estate, the Kingdom is paving the way for global investors to contribute and thrive.

Entrepreneurs who secure this residency gain access to a wide range of privileges designed to make business operations seamless and rewarding.

General Benefits

• Family Residency – Live in Saudi Arabia with your family in a nurturing environment for both professional and personal growth.
  
  
• Mobility Across Establishments – Enjoy flexibility to transition between ventures with ease.
  
  
• Exemption from Expat Fees – Reduce costs and maximize profitability.
  
  
• Visa-Free Travel – Enter and exit the Kingdom freely with your family, without travel barriers.
  
  
• Relatives’ Visit Visas & Airport Privileges – Extend family ties with ease and benefit from dedicated airport tracks.
  
  
• Private Sector Work Flexibility – Access smooth employment transitions within private businesses.
  
  
• Regulatory Compliance – Conduct business in line with The Investment Law, ensuring secure investor residency.
  
  
• Property Ownership Rights – Secure assets through ownership or usufruct rights.

Special Benefits

• Nominate Staff Members – Recommend two employees for Special Talent Residency with exemptions from certain criteria.
  
  
• Nitaqat Exemption – Entities are exempt from Nitaqat requirements for the first three operational years.

Direct Permanent Residency Eligibility – Secure permanent residency in the second category, reinforcing long-term commitment to Saudi Arabia.

The program consists of two levels that fit on the various levels of entrepreneurship:

First Category

• The Ministry of Investment license of an entrepreneur.
• At least 400,000 SAR of an entity approved by the Ministry.
• The recommendation letter of the investment entity.
• As an applicant, he should have a minimum ownership of 20 per cent in the company.

Second Category

• The Ministry of Investment license of an entrepreneur.
• At least 15 million SAR by a ministry accredited institution.
• The recommendation letter of the investment entity.
• Applicant should be the owner of at least 10 percent of the startup.
• Job creating needs: 10 jobs annually in the first year and 10 more jobs in the second year.

The vision 2030 of Saudi Arabia has been consistently transforming the world economy by promoting innovation and empowering international investors. Entrepreneurs can be on top of technology, renewable energy, fintech, healthcare, and others with the massive infrastructure projects, digital transformation, and sectoral diversification.

The efficient policies in place by the government to ensure it is entrepreneur-friendly means that investors are able to set up companies within a short period of time, enjoy lower level bureaucracies as well as contributing to knowledge based economy. To entrepreneurs, it is a future that their business can spread in one of the emerging fastest growing economies in the world.

The Entrepreneur Residency program in Saudi Arabia details a golden opportunity for innovators to start ventures, develop legacies, and gain long-term residence in the Kingdom. Entrepreneurs can open new opportunities of both personal and professional development by using business flexibility in conjunction with the benefits of residence.

Through the strategic advice and professional business registration service Saudi Arabia, entrepreneurs would be assured to invest in the promising future of the Kingdom.

It is not an easy task to navigate residency applications, legal frameworks, and regulatory requirements without the help of an expert. Choosing a trusted partner for business registration ensures that entrepreneurs can focus on growth while their legal and administrative processes are handled smoothly.

In Tasheel Law Firm, we offer:

• Turnkey services in the establishment of businesses in Saudi laws.
• Advice on matters of investment and labor regulations.
• Help to obtain residency as an entrepreneur and Premium Residency.
• Demonstrated experience related to managing cross-border legal and commercial issues.

Your entrepreneurial experience in Saudi Arabia can be made smooth and fruitful with the right counselors, and in this case, you can use the obstacles to your advantage, making them opportunities.