Premium Residency

Entrepreneur Residency (First Category)

The Entrepreneur Residency Service (First Category) is part of Saudi Arabia’s premium residency offerings designed for entrepreneurs with the opportunity to found and grow startup companies within Saudi Arabia. This category offers a renewable five-year residency ensuring business stability and economic growth aligned with Saudi Vision 2030

General benefits:

1. Residence in Saudi Arabia with the family, including parents, spouses, and children under 25 years of age.
2. Freedom to move from one establishment to another.
3. Exemption from the financial fees imposed on expatriates and dependents.
4. The Premium Residency holder and their family members may leave and return to Saudi Arabia without the requirement of a visa.
5. Issuance of visit visas for relatives.
6. Use of dedicated lanes for citizens and GCC nationals at entry and exit points.
7. Employment in private sector establishments and movement between them for the husband, wife, and children.
8. Engaging in commercial activities in accordance with the Investment Law.
9. Ownership and use of real estate.
Special benefits:


Nominating two team members to obtain Exceptional Competence Residency with exemption from its criteria (for example: executives).
Exemption of the establishment from the Nitaqat program for the first 3 operational years.
Residency duration:

1. A fixed-term residency for five years, renewable once upon continued fulfillment of Category One eligibility criteria and a minimum actual stay of 30 months within 5 years.
Target Sector General
Affiliated Authority Premium accommodation
Estimated Duration90 days
Gov Approval Window1 working day
Service Pricing7500
Government Fee4000

Mandatory Conditions

  • Obtaining an entrepreneurial license from the Ministry of Investment.
  • Obtaining an investment round(s) from one of the investment entities approved by the Center with a value of 400 thousand riyals as a minimum from the Ministry of Investment
  • A letter of recommendation from the investing party.
  • The applicant’s share in the company must not be less than 20%.
  • The transaction period in the system is 3 months, which can be increased according to each transaction.
  • All residencies and passports must be valid for 6 months at the time of application.

Required Documents

  • A valid entrepreneurial license from the Ministry of Investment.
  • A letter of recommendation from the investing party.
  • A copy of the residency permit. Only the Absher copy (in the new yellow form with the residency expiry date written) is added for each ID.
  • Passports copy.
  • Personal photos.
  • Visas for visitors.
  • The applicant’s personal national address.